Mastercard Incorporated (MA) continues to trend in the market as its major shareholder, the Foundation Mastercard, sells 107,000, 107,000, 116,000, and 108,000 shares in multiple transactions. M&A activities also caught attention as various institutions like Sivia Capital Partners LLC, Leo Wealth LLC, MONECO Advisors LLC, Scarborough Advisors LLC, LM Advisors LLC, and Able Wealth Management LLC acquire significant number of shares.
Douglas Lane & Associates LLC and Los Angeles Capital Management LLC reduce their holdings, while the share count of Guinness Asset Management LTD, Oracle Alpha Inc., and Banque Cantonale Vaudoise significantly increases. The broad investor interest can be attributed to Mastercard's proactive strategies to strengthen its foothold in the market. The company expands its payment options with Ant Group in China and forges strategic partnership with Doha Bank. Additionally, it announces the launch of an open banking solution with Atomic, drives
innovation in banking sector with Thought Machine, and introduces a biometric checkout program to Uruguay. These actions result in Mastercard exceeding market returns and posting strong Q1 2024 earnings. Analysts maintain a ‘Moderate Buy’ rating and predict
undervalued stocks as hedge funds pick Mastercard as a top digital payments stock.
Mastercard Incorporated MA News Analytics from Tue, 30 Jan 2024 08:00:00 GMT to Sun, 23 Jun 2024 15:49:19 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor -3
