Biondo Investment Advisors LLC Sells 1,521 Shares of Mastercard Incorporated $MA

Biondo Investment Advisors LLC reduced its stake in Mastercard Incorporated (NYSE:MA) by 2.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 70,168 shares of the credit services provider’s stock after selling 1,521 shares during the period. Mastercard accounts for about 4.8% of Biondo Investment Advisors LLC’s holdings, making the stock its 5th biggest position. Biondo Investment Advisors LLC’s holdings in Mastercard were worth $40,058,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of MA. E Fund Management Hong Kong Co. Ltd. grew its position in shares of Mastercard by 820.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 46 shares of the credit services provider’s stock worth $26,000 after acquiring an additional 41 shares during the last quarter. Foster Dykema Cabot & Partners LLC grew its position in Mastercard by 250.0% in the 3rd quarter. Foster Dykema Cabot & Partners LLC now owns 56 shares of the credit services provider’s stock valued at $32,000 after buying an additional 40 shares during the last quarter. Bay Harbor Wealth Management LLC grew its position in Mastercard by 54.1% in the 4th quarter. Bay Harbor Wealth Management LLC now owns 57 shares of the credit services provider’s stock valued at $33,000 after buying an additional 20 shares during the last quarter. Birchbrook Inc. purchased a new position in Mastercard in the 4th quarter valued at $37,000. Finally, Tucker Asset Management LLC purchased a new position in Mastercard in the 4th quarter valued at $37,000. 97.28% of the stock is currently owned by hedge funds and other institutional investors.

Mastercard Price Performance

Mastercard stock opened at $489.36 on Friday. Mastercard Incorporated has a one year low of $464.52 and a one year high of $601.77. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.98 and a current ratio of 0.98. The business has a fifty day moving average of $499.31 and a two-hundred day moving average of $523.57. The company has a market cap of $432.39 billion, a P/E ratio of 28.32, a price-to-earnings-growth ratio of 1.53 and a beta of 0.74.

Mastercard (NYSE:MA) last released its earnings results on Thursday, April 30th. The credit services provider reported $4.60 EPS for the quarter, beating analysts’ consensus estimates of $4.41 by $0.19. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The company had revenue of $8.40 billion during the quarter, compared to the consensus estimate of $8.26 billion. During the same quarter last year, the company earned $3.73 earnings per share. Mastercard’s quarterly revenue was up 15.8% compared to the same quarter last year. As a group, analysts predict that Mastercard Incorporated will post 19.6 earnings per share for the current fiscal year.

More Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard launched Agent Pay for Machines (AP4M), a new payment framework designed to let AI agents and autonomous machines make secure transactions, send micropayments, and settle across multiple payment types. The initiative is backed by more than 30 industry participants and includes crypto and fintech partners, which could open a new growth avenue in AI-powered commerce. Article: Mastercard Introduces Agent Pay for Machines to Enable Autonomous AI Transactions
• Positive Sentiment: A U.S. federal judge gave preliminary approval to Mastercard’s revised $38 billion swipe-fee settlement, moving a decades-long antitrust case closer to resolution. Investors may view this as reducing legal overhang, even though merchants remain unhappy and the final outcome is still pending. Article: Mastercard Incorporated (MA) gains 2% Over Preliminary Judicial Approval of $38 billion Swipe-Fee Settlement
• Neutral Sentiment: Mastercard also announced leadership changes, including Ling Hai moving into the CFO role and Sachin Mehra taking on a newly created Chief Business Officer position. This is more of a governance update than an immediate operating catalyst. Article: Mastercard announces leadership changes
• Neutral Sentiment: Cuba’s central bank said it will suspend all Visa and Mastercard transactions there after a processing partnership collapsed under U.S. sanctions pressure. The direct financial impact appears limited, but it highlights ongoing geopolitical and payment-network disruptions. Article: Cuba’s Central Bank to Suspend all Visa and Mastercard Transactions
• Negative Sentiment: Recent commentary on Mastercard’s valuation notes that the stock has been under pressure over the past months and remains below key moving averages, suggesting investors are still cautious despite the positive news flow. Article: A Look At Mastercard (MA) Valuation After Recent Share Price Weakness

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on MA. Loop Capital reiterated a “buy” rating and issued a $631.00 price objective on shares of Mastercard in a research report on Wednesday, June 3rd. Citigroup lowered their price objective on shares of Mastercard from $735.00 to $675.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. UBS Group lowered their price objective on shares of Mastercard from $650.00 to $640.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Susquehanna lowered their price objective on shares of Mastercard from $670.00 to $665.00 and set a “positive” rating on the stock in a research report on Friday, May 1st. Finally, Truist Financial lowered their price objective on shares of Mastercard from $590.00 to $561.00 and set a “buy” rating on the stock in a research report on Tuesday, May 12th. Six research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Mastercard presently has a consensus rating of “Buy” and a consensus price target of $656.04.

Mastercard Profile

Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses in more than 200 countries and territories. The company facilitates electronic payments and transaction processing for credit, debit and prepaid card products carrying the Mastercard brand, while also providing a range of payment-related services to issuers, acquirers and merchants. Its technology and network enable authorization, clearing and settlement of payments and support a broad set of use cases including point-of-sale, e-commerce and mobile payments.

Beyond core transaction processing, Mastercard offers a suite of value-added services such as fraud and risk management, identity and authentication tools, tokenization and digital wallet support, cross-border and commercial payment solutions, and data analytics and consulting services for merchants and financial partners.