MA | 02 May 2024 | AI Stock Analysis & News

Major shareholder selling Mastercard stock may lead to short-term decline, but long-term forecast remains positive 🟢 +1.0% short-term ⬆️, 🔴 -5.3% long-term ⬇️

Stock AI’s (MA) Forecast get (+4.4% Profit)

StockAI’s analysis delivers real-world results. On 14 March 2024, $MA ($478.2), StockAI predicted a long-term 🔴 sell signal. It was accurate: 1 month later price dropped to $457.0 (🔴-4.4%). Selling MA on this signal yielded a +4.4% profit 💰💰.

MA-Mastercard Incorporated News

🔴 Major shareholder Foundation Mastercard sold 109,000 shares at an average price of $462.78, impacting price negatively.
🟢 Mastercard received a “Moderate Buy” recommendation from research firms, potentially boosting investor confidence.

🔴 Foundation Mastercard sold 114,000 shares at an average price of $462.57, leading to a decrease in stock value.
🟢 UMB Bank n.a. increased its holdings in Mastercard by 1.5% in the fourth quarter, signaling a positive outlook.

🔴 Mastercard will announce earnings results on May 1st, with analysts expecting earnings of $3.22 per share, which may impact stock price.
🔴 Piscataqua Savings Bank reduced its holdings in Mastercard by 2.7% in the fourth quarter, potentially affecting stock value negatively.

Mastercard Incorporated stock has been influenced by recent news, with major shareholder sales contributing to a decrease in price expectations. However, positive recommendations from research firms and an increase in holdings by UMB Bank n.a. suggest a more optimistic long-term forecast. The upcoming earnings announcement and changes in institutional holdings may lead to fluctuations in stock price in the short term. Investors should closely monitor these developments to make informed decisions regarding their investments in Mastercard stock.

MA-Mastercard Incorporated Analyst Ratings

📉 Two research analysts have rated Mastercard Incorporated (NYSE:MA) stock with a hold rating.

📉 Susquehanna reiterated their positive rating on Mastercard (NYSE:MA) stock.

📉 Robert W. Baird increased their price target on Mastercard (NYSE:MA) stock from $525.00 to $545.00.

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Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.

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