Shares of Mastercard Incorporated (MA) Sees Large Inflow of Net Money Flow

Mastercard Incorporated (MA) stock had a bullish inflow of $17.01 million worth of trades on uptick and an outflow of $16.47 million in downticks on Friday. The total uptick to downtick ratio stood at 1.03. The net money flow into the stock was $0.54 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $1.64 million. An inflow of $1.08 million block trade was recorded on downticks. $2.72 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. The total uptick to downtick ratio of block trades was 2.52 in favor of the bulls. However, Mastercard Incorporated (MA) stock traded down $0.02 , and reached $97.6, a drop of -0.02% over the previous day. On a weekly basis, the stock is 1.17%, over the previous weeks close.


The company Insiders own 3.14% 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 -0.52% . Institutional Investors own 75.48% of Mastercard Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -0.59%.

In a related news,The officer (Chief Financial Officer) of Mastercard Inc, Hundmejean Martina sold 94,345 shares at $96.82 on August 8, 2016. The Insider selling transaction had a total value worth of $9,134,483. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Mastercard Incorporated (NYSE:MA): The stock opened at $97.4 and touched an intraday high of $98.1 on Friday. During the day, the stock corrected to an intraday low of $97.37, however, the bulls stepped in and pushed the price higher to close in the green at $97.89 with a gain of 0.28% for the day. The total traded volume for the day was 2,572,430. The stock had closed at $97.62 in the previous trading session.

Mastercard Incorporated (MA) : Traders are bullish on Mastercard Incorporated (MA) as it has outperformed the S&P 500 by a wide margin of 1.18% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.96%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.47% in the last 1 week, and is up 1.04% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *