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

Mastercard Incorporated (MA) dropped slightly amid mild profit booking and the last known price was $105 per share. The price decreased by -1.33 points or -1.25% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $30.59 million. The total upticks were valued at $135.63 million and the total downticks aggregated to $105.04 million, thereby putting the up/down ratio at 1.29,. The shares has seen a change in the share price of -4.41% on a weekly basis.In a big block trade which occurred today, the total uptick value was $36.53 million and the total downtick value was $1.99, resulting in an up/down ratio of 18.37. The net money flow for the block trade was calculated to be $34.55 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Mastercard Incorporated has dropped 4.71% in the last five trading days, however, the shares have posted positive gains of 1.91% in the last 4 weeks. Mastercard Incorporated has dropped 1.68% during the last 3-month period . Year-to-Date the stock performance stands at 1.91%. Mastercard Incorporated (NYSE:MA) witnessed a decline in the market cap on Wednesday as its shares dropped 1.25% or 1.33 points. After the session commenced at $106.63, the stock reached the higher end at $106.75 while it hit a low of $104.01. With the volume soaring to 6,149,776 shares, the last trade was called at $105. The company has a 52-week high of $111.07. The company has a market cap of $114,410 million and there are 1,089,614,440 shares in outstanding. The 52-week low of the share price is $78.52.

Company has reported several Insider transactions to the SEC, on Jan 30, 2017, Foundation Mastercard (10% owner) sold 205,035 shares at 109.56 per share price.On Jan 26, 2017, Ann Cairns (President, Intl Markets) sold 58,420 shares at 110.00 per share price.On Nov 2, 2016, Robert Reeg (Pres, MasterCard Technologies) sold 6,000 shares at 104.81 per share price.

Mastercard Inc Last issued its quarterly earnings results on Jan 31, 2017. The company reported $0.86 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.85. The company had revenue of $2756.00 million for the quarter, compared to analysts expectations of $2787.81 million. The companys revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.79 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Mastercard Inc was Reiterated by RBC Capital Mkts on Feb 1, 2017 to Top Pick, Lowers Price Target to $ 125 from a previous price target of $130 .Company shares were Upgraded by Wedbush on Jan 20, 2017 to Outperform, Raises Price Target to $ 126 from a previous price target of $99 .Company shares were Upgraded by RBC Capital Mkts on Jan 5, 2017 to Top Pick, Raises Price Target to $ 130 from a previous price target of $115 .Mastercard Inc was Upgraded by BofA/Merrill to Buy on Dec 15, 2016.

MASTERCARD INCORPORATED advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions and provides industry-leading analysis and consulting services to financial institution customers and merchants. Its family of brands include MasterCard, Maestro and Cirrus.


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