Marqeta chief administrative officer Sumner Crystal sells $20,487

Sumner Crystal, the Chief Administrative Officer and Corporate Secretary at Marqeta Inc., divested 1,250 shares of the company's Class A Common Stock on September 15, 2026. The sale occurred at a price of $16.39 per share, resulting in a total transaction value of $20,487. At the time of reporting, the stock price stood at $18.23, indicating a profit for the sale. Marqeta's Price-to-Earnings ratio stands at 15.14.

As a result of this sale, Ms. Crystal now directly owns 168,895 shares of Marqeta Class A Common Stock. According to InvestingPro's analysis, the company is currently undervalued relative to its Fair Value and has shown profitability over the past year. For those interested in a more detailed examination of Marqeta, the platform offers access to Pro Research Reports for this and over 1,400 other US equities.

Recently, Marqeta reported impressive third-quarter results that exceeded market expectations. The company's adjusted earnings per share amounted to $1.09, substantially higher than the estimated $0.06. The quarterly revenue reached $176.17 million, slightly above the predicted $175.99 million. Moreover, the total payment volume surged by 29% year-over-year, achieving an annualized run rate surpassing $500 billion for the first time. However, Marqeta has adjusted its near-term revenue outlook downwards.

Susquehanna also revised its price target for Marqeta, reducing it from $28 to $25, while maintaining a Positive rating. This adjustment was primarily due to a decline in the take rate. The company's adjusted EBITDA grew by 28%, reaching a record 22% margin. This report was generated with the assistance of AI and reviewed by an editor. For further information, please refer to the Terms and Conditions.