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Sumner Crystal, Chief Administrative Officer and Corporate Secretary at Marqeta, Inc. (NASDAQ:MQ), sold 45,500 shares of Class A Common Stock on September 9, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The fintech company, currently valued at $2.68 billion, has seen its stock surge over 51% in the past six months, according to InvestingPro data.
The shares were sold at weighted average price of $5.9989, resulting in a total transaction value of $272,949. The prices for the sales ranged from $5.96 to $6.06. Following the transaction, Crystal directly owns 282,754 shares of Marqeta . The company maintains strong liquidity with a current ratio of 2.74, and InvestingPro analysis suggests the stock is currently trading below its Fair Value. For comprehensive insider trading patterns and 8 additional key insights about Marqeta, visit InvestingPro.
In other recent news, Marqeta Inc. has reported its second-quarter earnings for 2025, revealing a notable revenue increase. The company achieved a net revenue of $150 million, which exceeded the anticipated $141.07 million and represented a 20% year-over-year growth. Marqeta also reported a breakeven EPS of $0.00, surpassing the expected EPS of -$0.0312. Additionally, Marqeta has announced the appointment of Mike Milotich as its permanent Chief Executive Officer. Milotich has been serving as Interim CEO since February 2025 and has been the Chief Financial Officer since February 2022. These developments mark significant progress for Marqeta as it continues to strengthen its leadership and financial performance.
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