Mastercard Inc (NYSE:MA), a leader in global payments and a technology company that connects consumers, businesses, merchants, issuers, and governments around the world, has reported an insider sell transaction. According to a recent SEC filing, Chief Marketing Officer Venkata Madabhushi sold 28,037 shares of the company on February 27, 2024.
Venkata Madabhushi’s transaction history over the past year shows that the insider has sold a total of 28,037 shares and has not made any purchases of the company's stock.
The insider transaction history for Mastercard Inc indicates a pattern of insider activity. Over the past year, there has been only 1 insider buy, contrasted with 30 insider sells, suggesting a trend of insiders divesting from the company's stock.
On the valuation front, Mastercard Inc shares were trading at $472.58 on the day of the insider's recent transaction. The company's market cap stood at $442.9 billion.
The price-earnings ratio of Mastercard Inc is currently 40.13, which is above the industry median of 14.44 and also exceeds the company's historical median price-earnings ratio. This indicates a premium valuation compared to the broader industry and the company's own trading history.
Considering the stock's price of $472.58 against the GuruFocus Value (GF Value) of $459.88, Mastercard Inc has a price-to-GF-Value ratio of 1.03. This suggests that the stock is Fairly Valued in relation to its intrinsic value as estimated by GuruFocus.
The GF Value is determined by considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
The recent insider sell by the Chief Marketing Officer of Mastercard Inc provides investors with information on insider sentiment and may be a factor to consider in their investment decisions. However, it is important to look at a comprehensive set of factors, including the company's fundamentals, market conditions, and broader economic indicators, when evaluating the significance of insider transactions.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
