Visa Inc. (NYSE:V – Get Free Report) CEO Ryan Mcinerney sold 5,875 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $379.65, for a total transaction of $2,230,443.75. Following the completion of the transaction, the chief executive officer owned 15,174 shares of the company’s stock, valued at approximately $5,760,809.10. The trade was a 27.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Ryan Mcinerney also recently made the following trade(s):
- On Friday, August 21st, Ryan Mcinerney sold 5,875 shares of Visa stock. The stock was sold at an average price of $367.87, for a total transaction of $2,161,236.25.
- On Wednesday, July 1st, Ryan Mcinerney sold 10,490 shares of Visa stock. The shares were sold at an average price of $343.99, for a total transaction of $3,608,455.10.
- On Monday, June 29th, Ryan Mcinerney sold 20,970 shares of Visa stock. The shares were sold at an average price of $340.25, for a total transaction of $7,135,042.50.
Visa Trading Up 1.7%
Visa stock traded up $6.32 during midday trading on Wednesday, reaching $378.99. The stock had a trading volume of 5,575,186 shares, compared to its average volume of 7,829,670. The firm’s fifty day simple moving average is $360.97 and its two-hundred day simple moving average is $332.13. Visa Inc. has a twelve month low of $293.89 and a twelve month high of $385.57. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.99 and a quick ratio of 0.99. The firm has a market cap of $676.28 billion, a price-to-earnings ratio of 32.23, a PEG ratio of 2.03 and a beta of 0.74.
Visa Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th were issued a dividend of $0.67 per share. The ex-dividend date was Tuesday, August 11th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.7%. Visa’s payout ratio is currently 22.79%.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on the company. TD Cowen reissued a “buy” rating on shares of Visa in a research note on Wednesday, July 29th. Raymond James Financial reaffirmed an “outperform” rating and set a $406.00 target price on shares of Visa in a research note on Wednesday, July 29th. Piper Sandler reiterated an “overweight” rating and issued a $430.00 target price (up from $394.00) on shares of Visa in a report on Wednesday, July 29th. JPMorgan Chase & Co. increased their price target on shares of Visa from $400.00 to $450.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Finally, UBS Group restated a “buy” rating and set a $420.00 price target (up from $410.00) on shares of Visa in a report on Wednesday, July 29th. Seven investment analysts have rated the stock with a Strong Buy rating and twenty-four have issued a Buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $416.62.
Read Our Latest Stock Report on Visa
Key Headlines Impacting Visa
Here are the key news stories impacting Visa this week:
- Positive Sentiment: Visa launched an enhanced A2A Protect solution that gives banks real-time risk insights and a unified fraud score incorporating Featurespace technology. The tool is designed to stop account-to-account fraud before funds leave customer accounts while reducing unnecessary alerts, creating potential demand for Visa’s fraud-management and software services. Visa Launches Enhanced A2A Protect Innovations
- Positive Sentiment: Analyst commentary highlighted Visa’s durable payments-network moat and long-term investment appeal. The company’s latest quarter also showed solid momentum, with revenue up 14.4% year over year and earnings exceeding consensus estimates, reinforcing the bullish investment case. Visa’s Long-Term Stock Performance
- Neutral Sentiment: Advasa Holdings expanded its ADVASA Visa card to support USD Coin payments alongside fiat currency. The announcement could broaden Visa’s exposure to digital wallets, stablecoin payments and financial-inclusion initiatives, but the direct revenue impact for Visa is unclear and depends on adoption and regulatory developments. Advasa Expands Visa Card With USDC Support
- Neutral Sentiment: Visa General Counsel Julie Rottenberg sold approximately $773,000 of stock under a pre-arranged Rule 10b5-1 plan. She retained 18,404 shares, making the transaction a limited signal about management’s outlook. Visa General Counsel Stock Sale
- Negative Sentiment: Visa faces continued scrutiny in the U.S. Department of Justice’s debit-card lawsuit after producing roughly 6 million documents. Discovery has been extended into 2027 and trial is expected in 2028, prolonging uncertainty over potential remedies, costs and effects on Visa’s debit-card practices. Visa Hands Over Documents in DOJ Debit-Card Case
- Negative Sentiment: A report said Robinhood memecoin purchases made with credit cards may be coded as digital-media transactions, potentially allowing rewards points that issuers such as Chase say should not apply. The issue could increase pressure on Visa, issuers and merchants to clarify transaction coding and rewards-related rules. Robinhood Memecoin Credit-Card Coding
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. Cresta Advisors Ltd. bought a new position in shares of Visa in the fourth quarter valued at approximately $26,000. Parvin Asset Management LLC grew its stake in Visa by 200.0% in the 3rd quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor’s stock valued at $26,000 after buying an additional 50 shares during the last quarter. Philadelphia Investment Partners LLC acquired a new position in Visa in the 2nd quarter valued at $29,000. Virtus Advisers LLC bought a new position in Visa in the 2nd quarter worth $33,000. Finally, RHL Group LLC bought a new position in Visa in the 4th quarter worth $34,000. Hedge funds and other institutional investors own 82.15% of the company’s stock.
About Visa
Visa Inc is a global payments technology company that facilitates electronic funds transfers and digital commerce by connecting consumers, merchants, financial institutions and governments. The firm operates one of the world’s largest payment networks, providing processing, authorization, clearing and settlement services for credit, debit and prepaid card transactions. Visa’s network-based model enables partner banks and other issuers to offer branded payment products while Visa focuses on the infrastructure, standards and technologies that move money securely and efficiently around the world.
Visa’s product and service portfolio includes card-based payment products for consumers and businesses, real-time push-payment capabilities, tokenization and authentication services, fraud and risk-management tools, data analytics and APIs for fintech and merchant integration.
Featured Articles
- Five stocks we like better than Visa
- Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors
- J.M. Smucker Stock’s Rally Has More Than Tariffs Behind It
- Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real?
- GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test
Receive News & Ratings for Visa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Visa and related companies with MarketBeat.com's FREE daily email newsletter.
