20 Most Expensive Stocks Insiders Are Dumping In March

6. Mastercard Incorporated (NYSE:MA)

Market Capitalization: $497.03 billion

Mastercard is a global payment technology company that provides transaction processing and payment-related products and services. It offers solutions for consumers, businesses, financial institutions, and governments, including payment products, prepaid services, and bill payment solutions. The Purchase, New York-headquartered company also provides security services, advanced analytics, and cross-border payment solutions. Mastercard operates under the Mastercard, Maestro, and Cirrus brands. It is also one of the 10 best stocks to buy now for the long term.

For the full year 2024, Mastercard reported revenue of $28.2 billion, up 12% year-over-year. Net income amounted to $12.9 billion, up 15% from the prior year. Diluted earnings per share were $13.89, which is 17% higher than in 2023.

This month, three insiders, including the president and CEO, and CTO, sold approximately $19.71 million worth of Mastercard shares at an average price of $548.11 per share. The stock gained 3.53% since the beginning of the year, and 14.34% over the past 12 months, currently trading at $545.16 per share.

Thirty analysts rate Mastercard stock as a “Moderate Buy” with the average price target of $606.11. The average price target suggests a potential upside of 11.27% from the latest price, according to MarketBeat.