Mastercard Incorporated (MA) has been under a strong bear grip, hence the stock is down -6.61% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.16% in the past 1 week. The stock has risen by 2.68% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.53% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 0.14% and the 50-Day Moving Average is 3.07%.
Mastercard Incorporated (NYSE:MA): The stock opened at $92.03 on Friday but the bulls could not build on the opening and the stock topped out at $92.03 for the day. The stock traded down to $90.72 during the day, due to lack of any buying support eventually closed down at $90.93 with a loss of -0.57% for the day. The stock had closed at $91.45 on the previous day. The total traded volume was 3,262,449 shares.
The company Insiders own 0.25% of Mastercard Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -21.55% . Institutional Investors own 77.76% of Mastercard Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -0.44%. In a related news,The officer (Corporate Controller) of Mastercard Inc, Forster Andrea L sold 13,480 shares at $97.02 on May 10, 2016. The Insider selling transaction had a total value worth of $1,307,830. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
MasterCard Incorporated is a technology company in the global payments industry. The Company connects consumers, financial institutions, merchants, Governments and businesses around the world, enabling them to use electronic forms of payment instead of cash and checks. The Companys brands include MasterCard, Maestro and Cirrus. It provides offerings, such as loyalty and reward programs, information services and consulting. The Company focuses on segments, including Government programs, such as Social Security payments, unemployment benefits and others; commercial programs, such as payroll, health savings accounts, employee benefits and others, and consumer reloadable programs for individuals without formal banking relationships and non-traditional users of electronic payments. The Company provides a variety of products and solutions that support payment products that customers can offer to their cardholders.