Mastercard Shares Shift as Institutional Buyer Increases Stake and Insider Sells Shares

Elevation Point Wealth Partners LLC raised its holding in Mastercard Inc. (NYSE:MA) by about 78%, buying 7,090 additional shares in the first quarter to bring its total to 16,211 shares valued at roughly $8.1 million.

Separately, insider Raj Seshadri sold 4,828 Mastercard shares on July 1 at an average price of $525 per share, a transaction worth about $2.53 million that reduced his ownership by 22.7% to 16,429 shares.