Mastercard Incorporated’s filing revealed that its President & CEO Miebach Michael unloaded Company’s shares for reported $10.17 million on Feb 18 ’25. In the deal valued at $564.95 per share,18,000 shares were sold. As a result of this transaction, Miebach Michael now holds 81,927 shares worth roughly $46.21 million.
Then, Vosburg Craig sold 14,103 shares, generating $7,968,215 in total proceeds. Upon selling the shares at $565.00, the Chief Services Officer now owns 55,653 shares.
Before that, McLaughlin Edward Grunde sold 10,942 shares. Mastercard Incorporated shares valued at $6,182,128 were divested by the President & CTO, MA Tech at a price of $564.99 per share. As a result of the transaction, McLaughlin Edward Grunde now holds 27,863 shares, worth roughly $15.72 million.
DZ Bank upgraded its Mastercard Incorporated [MA] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Monness Crespi & Hardt’s analysts, who increased its forecast for the stock in late January from “a Neutral” to “a Buy”. Seaport Research Partners also remained covering MA and has decreased its forecast on January 14, 2025 with a “Neutral” recommendation from previously “Buy” rating.
Price Performance Review of MA
On Tuesday, Mastercard Incorporated [NYSE:MA] saw its stock jump 0.90% to $564.03. Over the last five days, the stock has lost -0.81%. Mastercard Incorporated shares have risen nearly 7.11% since the year began. Nevertheless, the stocks have risen 19.61% over the past one year. While a 52-week high of $576.94 was reached on 01/30/25, a 52-week low of $428.86 was recorded on 01/13/25. SMA at 50 days reached $540.00, while 200 days put it at $493.55.
Levels Of Support And Resistance For MA Stock
The 24-hour chart illustrates a support level at 555.80, which if violated will result in even more drops to 547.57. On the upside, there is a resistance level at 569.15. A further resistance level may holdings at 574.28. The Relative Strength Index (RSI) on the 14-day chart is 59.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 37.03%. Stochastics %K at 36.48% indicates the stock is a holding.
The most recent change occurred on September 04, 2024 when Compass Point began covering the stock and recommended ‘”a Neutral”‘ rating along with a $525 price target.
