1 week Ago By ABMN Staff
Barclays PLC boosted its position in Marqeta, Inc. ( NASDAQ:MQ – Free Report ) by 29.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
The fund owned 1,113,475 shares of the company’s stock after buying an additional 252,061 shares during the quarter. Barclays PLC’s holdings in Marqeta were worth $4,220,000 at the end of the most recent reporting period. Other institutional investors have also recently bought and sold shares of the company.
Headlands Technologies LLC acquired a new stake in shares of Marqeta in the fourth quarter worth $33,000. Covestor Ltd grew its position in Marqeta by 1,255.4% in the 4th quarter.
Covestor Ltd now owns 10,030 shares of the company’s stock worth $38,000 after purchasing an additional 9,290 shares during the last quarter. Bank of Montreal Can increased its holdings in shares of Marqeta by 125.6% during the 4th quarter.
Bank of Montreal Can now owns 10,030 shares of the company’s stock worth $38,000 after purchasing an additional 49,243 shares during the period. Blueshift Asset Management LLC acquired a new position in shares of Marqeta during the fourth quarter valued at about $38,000. Finally, Certuity LLC bought a new stake in shares of Marqeta in the fourth quarter valued at about $44,000.
Institutional investors own 78.64% of the company’s stock. Marqeta Stock Down 0.
5 % Shares of MQ stock opened at $3.97 on Monday. The company has a market capitalization of $2.
00 billion, a P/E ratio of 198.50 and a beta of 1.42.
Marqeta, Inc. has a 12-month low of $3.37 and a 12-month high of $6.
01. The firm has a 50-day moving average price of $4.03 and a 200 day moving average price of $4.
08. Wall Street Analyst Weigh In Several equities analysts have commented on the company. Keefe, Bruyette & Woods cut their price target on Marqeta from $5.
00 to $4.00 and set a “market perform” rating for the company in a report on Monday, January 6th. Wells Fargo & Company cut their target price on Marqeta from $5.
00 to $4.00 and set an “equal weight” rating for the company in a research note on Thursday, January 16th. Finally, The Goldman Sachs Group decreased their price target on shares of Marqeta from $4.
50 to $4.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 2nd. Eleven research analysts have rated the stock with a hold rating and three have given a buy rating to the stock.
Based on data from MarketBeat.com, Marqeta has an average rating of “Hold” and an average target price of $5.29.
Check Out Our Latest Stock Report on Marqeta Marqeta Company Profile ( Free Report ) 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. Further Reading Want to see what other hedge funds are holding MQ? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Marqeta, Inc. ( NASDAQ:MQ – Free Report ). Receive News & Ratings for Marqeta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marqeta and related companies with MarketBeat.
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