Mastercard Incorporated (NYSE:MA) Shares Sold by Moser Wealth Advisors LLC

Moser Wealth Advisors LLC decreased its holdings in Mastercard Incorporated (NYSE:MA) by 0.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 14,455 shares of the credit services provider’s stock after selling 135 shares during the quarter. Mastercard accounts for about 3.9% of Moser Wealth Advisors LLC’s investment portfolio, making the stock its 8th largest position. Moser Wealth Advisors LLC’s holdings in Mastercard were worth $6,165,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of MA. Baystate Wealth Management LLC lifted its position in shares of Mastercard by 55.8% in the third quarter. Baystate Wealth Management LLC now owns 1,426 shares of the credit services provider’s stock worth $565,000 after buying an additional 511 shares during the last quarter. Value Partners Investments Inc. boosted its holdings in shares of Mastercard by 6.7% during the 3rd quarter. Value Partners Investments Inc. now owns 3,541 shares of the credit services provider’s stock worth $1,408,000 after buying an additional 223 shares during the period. NBT Bank N A NY raised its holdings in Mastercard by 418.6% in the 3rd quarter. NBT Bank N A NY now owns 7,053 shares of the credit services provider’s stock worth $2,792,000 after acquiring an additional 5,693 shares during the period. Chemung Canal Trust Co. lifted its position in Mastercard by 6.6% during the 3rd quarter. Chemung Canal Trust Co. now owns 841 shares of the credit services provider’s stock worth $333,000 after acquiring an additional 52 shares during the last quarter. Finally, Chicago Partners Investment Group LLC grew its position in shares of Mastercard by 0.8% in the third quarter. Chicago Partners Investment Group LLC now owns 13,983 shares of the credit services provider’s stock valued at $5,365,000 after purchasing an additional 112 shares during the last quarter. Institutional investors own 97.28% of the company’s stock.

Insider Activity

In other Mastercard news, CEO Michael Miebach sold 7,851 shares of the business’s stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $475.92, for a total value of $3,736,447.92. Following the completion of the transaction, the chief executive officer now directly owns 47,640 shares of the company’s stock, valued at $22,672,828.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, major shareholder Foundation Mastercard sold 200 shares of the firm’s stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $487.25, for a total value of $97,450.00. Following the transaction, the insider now owns 97,543,308 shares in the company, valued at $47,527,976,823. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Michael Miebach sold 7,851 shares of Mastercard stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $475.92, for a total transaction of $3,736,447.92. Following the completion of the transaction, the chief executive officer now directly owns 47,640 shares in the company, valued at $22,672,828.80. The disclosure for this sale can be found here. Insiders sold 872,688 shares of company stock valued at $395,722,487 in the last quarter. Company insiders own 0.13% of the company’s stock.

Mastercard Trading Up 0.1 %

Shares of NYSE:MA traded up $0.29 during midday trading on Thursday, hitting $455.06. The company had a trading volume of 271,429 shares, compared to its average volume of 2,444,437. The firm has a fifty day simple moving average of $468.64 and a 200 day simple moving average of $439.23. The stock has a market cap of $424.52 billion, a price-to-earnings ratio of 36.14, a PEG ratio of 1.74 and a beta of 1.08. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.86. Mastercard Incorporated has a 12 month low of $357.85 and a 12 month high of $490.00.

Mastercard (NYSE:MA) last posted its earnings results on Wednesday, May 1st. The credit services provider reported $3.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.22 by $0.09. Mastercard had a return on equity of 183.70% and a net margin of 46.09%. The company had revenue of $6.35 billion during the quarter, compared to analyst estimates of $6.34 billion. During the same period in the previous year, the company earned $2.80 EPS. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. On average, analysts predict that Mastercard Incorporated will post 14.22 EPS for the current year.

Wall Street Analyst Weigh In

MA has been the subject of a number of research analyst reports. TD Cowen initiated coverage on Mastercard in a report on Thursday, April 11th. They set a “buy” rating and a $545.00 price target for the company. Mizuho reduced their target price on Mastercard from $480.00 to $478.00 and set a “buy” rating for the company in a research report on Thursday, May 2nd. Evercore ISI lifted their price target on shares of Mastercard from $530.00 to $545.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 26th. Susquehanna restated a “positive” rating and issued a $535.00 price objective on shares of Mastercard in a research note on Wednesday, April 3rd. Finally, Wells Fargo & Company lifted their target price on shares of Mastercard from $490.00 to $530.00 and gave the company an “overweight” rating in a research report on Wednesday, March 6th. Two research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $496.27.

Mastercard Company Profile

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company offers integrated products and value-added services for account holders, merchants, financial institutions, digital partners, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid programs services; and commercial credit, debit, and prepaid payment products and solutions.