MA | 28 May 2024 | AI Stock Analysis & News

Major shareholder Foundation Mastercard has been selling off shares, impacting the stock price.

Stock AI’s forecasts:
🔴 -5.3% short-term
🟢 +0.6% 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

🔴 Foundation Mastercard sold 141,000 shares of Mastercard stock at an average price of $457.45, totaling $64.50M
🟢 Mastercard received an average rating of “Moderate Buy” from analysts
🔴 Insider Sandra A. Arkell sold 300 shares at an average price of $447.23, totaling $134,169
🔴 Zacks Research dropped Q2 2024 EPS estimates for Mastercard
🟢 Jump Financial LLC increased its position in Mastercard by 43.9% during the 4th quarter
🔴 Seaport Res Ptn decreased their Q2 2024 earnings per share estimates for Mastercard

Mastercard Incorporated stock has seen a mix of negative and positive news recently. The major shareholder Foundation Mastercard has been selling off shares in large quantities, totaling millions of dollars. This has put downward pressure on the stock price. Additionally, insider selling activity and reduced EPS estimates from research firms have also contributed to the negative sentiment surrounding the stock.

On the positive side, Mastercard has received a “Moderate Buy” rating from analysts, indicating some bullish sentiment in the market. Jump Financial LLC’s increased position in the company could also be seen as a positive sign. However, the overall impact of the recent news appears to be more negative, with the stock price expected to decrease in the short term.

Investors should keep an eye on further developments and news surrounding Mastercard to gauge the long-term impact on the stock price. It is important to consider both the positive and negative factors influencing the stock before making any investment decisions.

MA-Mastercard Incorporated Analyst Ratings

📉 William Blair analysts lowered their rating on Mastercard Incorporated (NYSE:MA) stock from Outperform to Market Perform.

📉 Zacks Research analysts reduced their rating on Mastercard Incorporated (NYSE:MA) from Buy to Hold.

📉 Seaport Res Ptn analysts decreased their rating on Mastercard Incorporated (NYSE:MA) stock from Strong Buy to Hold.

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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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