<div id="readability-page-1"><p>Norges Bank purchased a new stake in  Marqeta, Inc. (NASDAQ:MQ - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The firm purchased 695,931 shares of the company's stock, valued at approximately $4,057,000. Norges Bank owned approximately 0.15% of Marqeta at the end of the most recent quarter.</p><p>Other institutional investors also recently bought and sold shares of the company. Alpine Global Management LLC acquired a new position in shares of  Marqeta during the first quarter valued at approximately $42,000.  Nisa Investment Advisors LLC increased its position in shares of  Marqeta by 61.8% during the second quarter. Nisa Investment Advisors LLC now owns 9,787 shares of the company's stock worth $57,000 after purchasing an additional 3,737 shares in the last quarter.  AQR Capital Management LLC purchased a new stake in shares of  Marqeta during the first quarter worth approximately $57,000.  Abel Hall LLC acquired a new position in  Marqeta in the 2nd quarter valued at $61,000.  Finally, Kapitalo Investimentos Ltda purchased a new position in  Marqeta in the 2nd quarter valued at $81,000. 78.64% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Marqeta Price Performance</h2><p>Marqeta stock opened at $4.82 on Wednesday. The firm has a 50 day simple moving average of $4.77 and a 200-day simple moving average of $5.44. The stock has a market cap of $2.12 billion, a price-to-earnings ratio of -60.25 and a beta of 1.48. Marqeta, Inc. has a 1-year low of $3.47 and a 1-year high of $7.04. </p><p>Marqeta (NASDAQ:MQ - Get Free Report) last released its quarterly earnings data on Wednesday, November 5th. The company reported ($0.01) EPS for the quarter, meeting analysts' consensus estimates of ($0.01). The firm had revenue of $163.31 million for the quarter, compared to analysts' expectations of $148.37 million. Marqeta had a negative return on equity of 4.22% and a negative net margin of 6.74%.The firm's quarterly revenue was up 27.7% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.06) earnings per share.  Equities analysts expect that  Marqeta, Inc. will post 0.06 earnings per share for the current fiscal year. </p><h2>Wall Street Analysts Forecast Growth</h2><p>A number of equities research analysts have recently issued reports on MQ shares. Weiss Ratings  reaffirmed a &#34;sell (d)&#34; rating on shares of Marqeta in a report on Monday. Keefe, Bruyette &amp; Woods dropped their price objective on shares of Marqeta from $6.50 to $6.00 and set a &#34;market perform&#34; rating for the company in a research note on Wednesday, October 1st. The Goldman Sachs Group  set a $5.00 price objective on shares of Marqeta and gave the company a &#34;sell&#34; rating in a report on Monday, October 13th. UBS Group lowered their target price on Marqeta from $5.75 to $5.00 and set a &#34;neutral&#34; rating on the stock in a report on Thursday, November 6th. Finally, Zacks Research cut Marqeta from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a report on Thursday, November 20th. One analyst  has rated the stock with a Buy rating, seven have assigned  a Hold rating and two have assigned  a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of &#34;Reduce&#34; and a consensus price target of $5.50.</p><p><b>Read Our Latest Stock Analysis on MQ</b></p><h2>About Marqeta</h2> (Free Report)<p>Marqeta, Inc operates a cloud-based open application programming interface platform that delivers card issuing and transaction processing services. It offers its solutions in various verticals, including financial services, on-demand services, expense management, and e-commerce enablement, as well as buy now, pay later.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Marqeta</li><li>Investing in Construction Stocks</li><li>Consumers Got Coal, But Santa Dropped Off Big Gains for These 2 Retailers</li><li>How to Invest in the FAANG Stocks</li><li>10X Gains? These 3 Robotics Stocks Could Explode by 2035</li><li>What is Put Option Volume?</li><li>Anheuser-Busch Buys BeatBox to Win Over Younger Drinkers</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TVE?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TVE"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Marqeta Right Now?</h2><p>Before you consider Marqeta, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Marqeta wasn't on the list.</p><p>While Marqeta currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Norges Bank acquired 695,931 shares of Marqeta, Inc. (NASDAQ:MQ) during the second quarter, valued at approximately $4,057,000, representing about 0.15% ownership. Other institutional investors also increased their stakes. Marqeta's stock opened at $4.82, with a market cap of $2.12 billion. Analysts have mixed ratings on Marqeta, with a consensus price target of $5.50. The company operates a cloud-based API platform for card issuing and transaction processing.</p>

695,931 Shares in Marqeta, Inc. $MQ Purchased by Norges Bank