What Will Happen to Mastercard Inc Next? The Stock Just Had Huge Bearish Options Activity

 What Will Happen to Mastercard Inc Next? The Stock Just Had Huge Bearish Options Activity

In today’s session Mastercard Inc (MA) recorded an unusually high (6,072) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious MA decrease. With 6,072 contracts traded and 3594 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: MA161118P00104000 closed last at: $1.07 or 122.9% up. About 953,871 shares traded hands. Mastercard Inc (NYSE:MA) has risen 11.46% since April 12, 2016 and is uptrending. It has outperformed by 6.48% the S&P500.

Mastercard Inc (NYSE:MA) Ratings Coverage

Out of 16 analysts covering Mastercard Incorporated (NYSE:MA), 9 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 56% are positive. $124 is the highest target while $35 is the lowest. The $103.80 average target is 1.37% above today’s ($102.4) stock price. Mastercard Incorporated has been the topic of 32 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was maintained by Barclays Capital with “Overweight” on Thursday, September 8. The stock of Mastercard Inc (NYSE:MA) has “Neutral” rating given on Friday, April 29 by Wedbush. The rating was maintained by Citigroup with “Buy” on Friday, September 11. The rating was downgraded by Bank of America on Thursday, February 11 to “Neutral”. The firm has “Neutral” rating by Guggenheim given on Tuesday, November 1. RBC Capital Markets maintained Mastercard Inc (NYSE:MA) on Friday, October 30 with “Outperform” rating. Jefferies maintained the shares of MA in a report on Tuesday, August 25 with “Buy” rating. The firm earned “Overweight” rating on Friday, August 14 by JP Morgan. The firm earned “Buy” rating on Thursday, December 17 by Sterne Agee CRT. Barclays Capital maintained the stock with “Equal-Weight” rating in Thursday, October 20 report.

According to Zacks Investment Research, “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.”

Insitutional Activity: The institutional sentiment decreased to 0.89 in Q2 2016. Its down 0.16, from 1.05 in 2016Q1. The ratio worsened, as 65 funds sold all Mastercard Inc shares owned while 451 reduced positions. 86 funds bought stakes while 375 increased positions. They now own 800.46 million shares or 4.95% less from 842.14 million shares in 2016Q1.
White Elm Capital Lc reported 330,860 shares or 3.37% of all its holdings. Suncoast Equity Mgmt last reported 119,716 shares in the company. Vestor Capital Ltd Co accumulated 0.91% or 36,398 shares. Fdx Advsr holds 0.08% of its portfolio in Mastercard Inc (NYSE:MA) for 19,559 shares. National Bank Of The Ozarks owns 11,683 shares or 0.37% of their US portfolio. British Columbia Invest Mngmt reported 881,537 shares or 0.68% of all its holdings. Jpmorgan Chase Company last reported 0.32% of its portfolio in the stock. Stock Yards Bank & Trust Trust Comm accumulated 0.03% or 2,895 shares. Old Mutual Customised Solutions (Proprietary) Ltd has 17,800 shares for 0.39% of their US portfolio. Cam Gp A S owns 17,000 shares or 0.03% of their US portfolio. Nordea Investment Mngmt Ab last reported 914,666 shares in the company. Aviance Capital Prns Ltd Limited Liability Company has invested 0.21% of its portfolio in Mastercard Inc (NYSE:MA). Hartwell J M Partnership has invested 3.31% of its portfolio in Mastercard Inc (NYSE:MA). Hexavest accumulated 0.23% or 173,718 shares. Roundview Limited Liability Company last reported 35,800 shares in the company.

Insider Transactions: Since July 14, 2016, the stock had 0 buys, and 19 insider sales for $99.60 million net activity. MasterCard Foundation sold $7.62M worth of stock or 72,624 shares. Reeg Robert sold $568,715 worth of stock or 6,000 shares. 9,600 Mastercard Inc (NYSE:MA) shares with value of $926,071 were sold by Barzi Silvio. On Monday, October 31 Vosburg Craig sold $1.69 million worth of the stock or 15,760 shares. On Tuesday, October 4 the insider Cairns Ann sold $2.71 million. 5,000 shares with value of $508,909 were sold by Haythornthwaite Richard on Tuesday, October 4. $258,913 worth of Mastercard Inc (NYSE:MA) was sold by Fraccaro Michael on Wednesday, October 26.

MasterCard Incorporated is a technology firm that connects consumers, financial institutions, merchants, governments and businesses across the world. The company has a market cap of $111.70 billion. The Firm operates through payment solutions segment. It has a 28.29 P/E ratio. The Firm allows user to make payments by a range of payment solutions and services using various brands, which include MasterCard, Maestro and Cirrus.

MA Company Profile

MasterCard Incorporated, incorporated on May 9, 2001, is a technology firm that connects consumers, financial institutions, merchants, governments and businesses across the world. The Firm operates through payment solutions segment. The Firm allows user to make payments by a range of payment solutions and services using its brands, which include MasterCard, Maestro and Cirrus. The Company’s offerings include loyalty and reward programs, information services and consulting.

More news for Mastercard Inc (NYSE:MA) were recently published by: Valuewalk.com, which released: “Mastercard Inc Rises After Earnings, Exxon Mobil Corporation Declines” on October 28, 2016. Businesswire.com‘s article titled: “Mastercard Makes Commerce More Conversational with Launch of Chatbots for …” and published on October 25, 2016 is yet another important article.

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