Yahoo Finance Trade Alert: Lance Uggla At Mastercard Incorporated (NYSE:MA), Has Just Spent US$265k Buying Shares
Investors who take an interest in Mastercard Incorporated (NYSE:MA) should definitely note that insider Lance Uggla recently paid US$265 per share to buy US$265k worth of the stock. That's a very decent purchase to our minds and it grew their holding by a solid 26%.
Check out our latest analysis for Mastercard
The Last 12 Months Of Insider Transactions At Mastercard
Over the last year, we can see that the biggest insider sale was by the Independent Director, David Carlucci, for US$1.0m worth of shares, at about US$263 per share. So we know that an insider sold shares at around the present share price of US$242. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive). The only individual insider seller over the last year was David Carlucci.
In the last twelve months insiders purchased 4.24k shares for US$1.1m. But insiders sold 3974 shares worth US$1.0m. In total, Mastercard insiders bought more than they sold over the last year. You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).
Insider Ownership of Mastercard
Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Mastercard insiders own about US$266m worth of shares (which is 0.1% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
So What Do The Mastercard Insider Transactions Indicate?
It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Mastercard. Looks promising! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. You'd be interested to know, that we found 2 warning signs for Mastercard and we suggest you have a look.
Of course Mastercard may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.
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