Insider at Mastercard (MA) Makes Significant Sale of Stock

Monday, August 07, 2017 10:15 PM ET

Insider at Mastercard (MA) Makes Significant Sale of Stock

A SEC filing today disclosed a notable insider sale of Mastercard shares as — Mastercard Foundation, 10% Owner — disposed of 58,412 shares in the company having a market value of approximately $7,586,162. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 438,090 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 496,502 shares and have averaged 248,251 shares per transaction over this time period.

In relation to the peer group over the last 90 days, insider buy/sell trading at Mastercard is greater than the 9-company peer group average. Internet Security & Transactions Services peer group saw 7 buy/sell trades during this period for an average of 0.8 transactions per company. The number of shares per buy/sell trade for Mastercard insiders was also higher. Within the peer group there were 20,000 shares purchased and 467,862 shares sold with company insiders having sold 63,980 shares on average.

The data used in composing and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Using proprietary artificial intelligence methods, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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