Zwj Investment Counsel 13F: New $9.8M Stake in Marqeta (MQ)

Zwj Investment Counsel has opened a new position in Marqeta, Inc. (NasdaqGS: MQ), acquiring 577,443 shares valued at approximately $9.8 million, according to its latest Form 13F filing on October 15, 2026. This marks a significant entry into the cloud-based payment processing company, which operates an open API platform for card issuing and transaction services in the U.S.

What Changed in Zwj Investment Counsel's Marqeta Position

In the recent filing, Zwj Investment Counsel reported a brand-new position of 577,443 shares in Marqeta, reflecting a substantial investment in the company. The exact ownership now stands at 577,443 shares.

Other Institutional Activity in Marqeta

Other funds have also altered their stakes in Marqeta recently. Price (T. Rowe) Associates Inc. holds 45,481,645 shares valued at about $850 million, after increasing its holdings by 32,194,186 shares, a 242.3% jump. T. Rowe Price Investment Management, Inc. added 19,167,874 shares for a total of 25,410,871 shares worth approximately $474.9 million, representing a 307% increase. Blackrock Inc. holds 6,863,884 shares valued around $128.3 million, with a slight increase of 47,713 shares or 0.7%. Vanguard Portfolio Management LLC has 4,395,950 shares, worth about $82.2 million, after adding 163,377 shares, representing a 3.9% increase. Vanguard Capital Management LLC holds 4,168,377 shares valued at around $77.9 million, with a modest increase of 35,952 shares or 0.9%.

Marqeta, Inc. Stock Up 0.3%

As of October 16, 2026, Marqeta's shares are trading at $19.05. This price is above both the 50-day moving average of $16.51 and the 200-day moving average of $16.63, suggesting a strong position in the market. However, the stock is still below its 52-week high of $22.28, indicating potential room for growth.

Recent Earnings

Marqeta reported trailing twelve-month (TTM) revenue of approximately $677.2 million, with an earnings per share (EPS) of $0.1. The company has seen a revenue growth of 17% year-over-year and expects to announce its next earnings on November 3, 2026.

Insider Buying and Selling at Marqeta, Inc.

No insiders purchased shares recently, though several have sold small amounts earlier in the year. Martha Ann Cummings, a Director, sold 713 shares at prices ranging from $16.22 to $16.47 on July 15 and August 14, 2026. Officer Crystal Sumner also sold 1,250 shares on September 1 and September 15, 2026, with the prices at $16.27 and $16.39, respectively.

Analysts Set New Price Targets

On July 1, 2026, Morgan Stanley maintained an Equal-Weight rating with a price target of $20.00, and Deutsche Bank followed suit on July 2, 2026, maintaining a Hold rating with a price target of $18.00. Keefe, Bruyette & Woods kept a Market Perform rating with a target of $19.00 on August 5, 2026. The consensus recommendation is currently a Hold, with a mean price target of $20.55.

About Marqeta

Marqeta, Inc. is a technology company based in Oakland, California, specializing in cloud-based card issuing and transaction processing services. The company caters to businesses looking to streamline payment solutions through its innovative platform.

Bottom Line

As Zwj Investment Counsel has taken a new stake in Marqeta, it's essential to monitor the upcoming earnings report scheduled for November 3, 2026. The latest Form 13F filing reflects positions as of the reporting period and may not represent current holdings, highlighting the need for ongoing observation of institutional movements in Marqeta.