Perigon Wealth Management 13F: New $4.1M Stake in Marqeta (MQ)

Perigon Wealth Management opened a brand-new position in Marqeta, Inc. MQ, purchasing 243,051 shares worth about $4.13 million. According to a Form 13F filing with the SEC on October 22, 2026, the firm added the financial technology provider to its portfolio during the period.

MQ Marqeta, Inc.

$19.15 ▲ +3.18% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Perigon Wealth Management's Marqeta Position

The firm bought 243,051 shares to build its initial stake, valued at $4,130,652 as of the filing date. Because this was a fresh purchase, the holding reflects a brand-new equity allocation for the wealth manager in Marqeta.

Other Institutional Activity in Marqeta

Other institutional investors also adjusted their holdings in the cloud-based payment software provider during the quarter. Zwj Investment Counsel bought 577,443 shares, ending with 577,443 shares worth about $9.81 million. SBI Securities cut its holdings by 138,885 shares, ending with 42,591 shares worth about $723,834. Renaissance Technologies, LLC grew its holdings by 209,887 shares, ending with 3,104,883 shares worth about $60.08 million.

Marqeta, Inc. Stock Up 1.6%

Marqeta shares recently traded around $19.10 on October 23, 2026, down about 1.3% from the closing price of $19.35 on the filing date. The stock has experienced wide swings, touching a 52-week low of $14.80 and a high of $22.28 over the past year. Recent trading puts the equity about 14.1% above its 50-day moving average of $16.74 and roughly 14.9% above its 200-day moving average of $16.62. The current price sits about 7.5% below the average analyst price target of $20.65.

Recent Earnings

Marqeta reported trailing twelve month revenue of $677.2 million along with $0.10 in trailing twelve month earnings per share. The company posted a net profit margin of 1.5% and a return on equity of 1.3%. The software provider is scheduled to release its next financial results on November 3, 2026.

Insider Buying and Selling at Marqeta, Inc.

Company insiders executed several sales prior to the filing. Director Martha Ann Cummings sold 713 shares on August 14, 2026, at $16.47 per share for a total of $11,743. Officer Crystal Sumner sold 1,250 shares on September 1, 2026, at $16.27 per share for $20,338, and another 1,250 shares on September 15, 2026, at $16.39 per share for $20,488. Crystal Sumner later sold 1,250 shares on October 15, 2026, at $18.76 per share for $23,449 under a pre-arranged trading plan.

Analysts Set New Price Targets

Analyst firms maintained various stances on the stock ahead of the filing. Morgan Stanley maintained an Equal-Weight rating with a $20 price target on July 1, 2026. Deutsche Bank maintained a Hold rating with an $18 price target on July 2, 2026. Keefe, Bruyette & Woods maintained a Market Perform rating and a $19 price target on August 5, 2026. Overall consensus among ten analysts rates the stock a hold.

About Marqeta

Headquartered in Oakland, California, Marqeta operates an open API platform for card issuing and payment processing. The company serves businesses looking to build custom payment cards and handle digital transactions through cloud-based infrastructure.

Bottom Line

Institutional interest in Marqeta remains active as investors look ahead to the company's next earnings report on November 3, 2026. Market participants continue to watch how shares perform relative to analyst targets and moving averages.