CANADA LIFE ASSURANCE Co Raises Stake in Mastercard Incorporated (NYSE:MA)

Market Beat
2025.04.19 11:22
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CANADA LIFE ASSURANCE Co increased its stake in Mastercard (NYSE:MA) by 2.1% in Q4, owning 987,403 shares valued at approximately $520 million. Other institutional investors also raised their positions. CEO Michael Miebach sold 15,775 shares, reducing his ownership by 15.67%. Analysts have raised price targets for Mastercard, with a consensus rating of "Moderate Buy" and an average target of $607.96. Mastercard shares opened at $513.71, reflecting a 0.7% decline.