Visa Inc. (NYSE:V - Get Free Report) CEO Ryan Mcinerney sold 5,875 shares of the business's stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $367.87, for a total value of $2,161,236.25. Following the transaction, the chief executive officer owned 15,174 shares of the company's stock, valued at $5,582,059.38. This trade represents a 27.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 Wednesday, July 1st, Ryan Mcinerney sold 10,490 shares of Visa stock. The stock was sold at an average price of $343.99, for a total value of $3,608,455.10.
- On Monday, June 29th, Ryan Mcinerney sold 20,970 shares of Visa stock. The stock was sold at an average price of $340.25, for a total value of $7,135,042.50.
Visa Price Performance
Shares of V stock opened at $382.35 on Tuesday. The stock has a 50 day moving average price of $354.89 and a 200 day moving average price of $329.98. Visa Inc. has a 52-week low of $293.89 and a 52-week high of $383.43. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.99 and a current ratio of 0.99. The firm has a market capitalization of $682.28 billion, a P/E ratio of 32.51, a P/E/G ratio of 1.99 and a beta of 0.74.
Visa (NYSE:V - Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The credit-card processor reported $3.32 EPS for the quarter, beating the consensus estimate of $3.23 by $0.09. Visa had a return on equity of 67.68% and a net margin of 50.78%.The company had revenue of $11.63 billion for the quarter, compared to the consensus estimate of $11.40 billion. During the same quarter in the prior year, the company posted $2.98 EPS. Visa's quarterly revenue was up 14.4% on a year-over-year basis. As a group, sell-side analysts predict that Visa Inc. will post 13.16 earnings per share for the current year.
Visa announced that its Board of Directors has authorized a share repurchase plan on Tuesday, April 28th that authorizes the company to buyback $20.00 billion in shares. This buyback authorization authorizes the credit-card processor to reacquire up to 3.6% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board of directors believes its stock is undervalued.
Visa Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, August 11th. Visa's dividend payout ratio (DPR) is currently 22.79%.
Institutional Trading of Visa
Several hedge funds have recently modified their holdings of V. Cresta Advisors Ltd. purchased a new stake in Visa during the fourth quarter valued at approximately $26,000. Parvin Asset Management LLC boosted its position in shares of Visa by 200.0% in the 3rd quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor's stock worth $26,000 after purchasing an additional 50 shares in the last quarter. Philadelphia Investment Partners LLC purchased a new position in Visa during the 2nd quarter worth $29,000. Virtus Advisers LLC purchased a new position in Visa during the 2nd quarter worth $33,000. Finally, RHL Group LLC acquired a new position in Visa during the 4th quarter valued at about $34,000. 82.15% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
V has been the subject of several research analyst reports. Cantor Fitzgerald set a $445.00 price target on shares of Visa and gave the company an "overweight" rating in a research note on Monday, August 3rd. Citigroup reaffirmed a "buy" rating and set a $440.00 target price (up from $400.00) on shares of Visa in a research report on Wednesday, July 29th. UBS Group reissued a "buy" rating and set a $420.00 price target (up from $410.00) on shares of Visa in a research report on Wednesday, July 29th. Erste Group Bank upgraded Visa from a "hold" rating to a "buy" rating in a report on Monday, July 27th. Finally, Barclays initiated coverage on shares of Visa in a report on Tuesday, July 7th. They set an "overweight" rating and a $420.00 target price on the stock. Seven equities research analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of $413.58.
Check Out Our Latest Analysis on Visa
Key Headlines Impacting Visa
Here are the key news stories impacting Visa this week:
- Positive Sentiment: Visa and Mastercard reached fresh records as aggregate U.S. spending remained healthy, despite consumers becoming more selective and retail companies issuing cautious warnings. Strong payment volumes support Visa’s transaction and fee revenue. Visa and Mastercard shares hit fresh records, underscoring a resilient U.S. consumer
- Positive Sentiment: Visa’s stablecoin settlement pilot reached an annualized run rate of approximately $7 billion after expanding across nine blockchains. The development strengthens Visa’s position in emerging digital-payment infrastructure and could create additional long-term transaction opportunities. Circle CEO Allaire Maps Stablecoins’ Next Act as Global Payment Rails
- Positive Sentiment: President Donald Trump’s financial disclosure showed purchases of Visa shares, adding a headline-level endorsement from a prominent investor and contributing to market interest in the stock. Visa Stock Climbs After Trump Buys Millions in Stock
- Positive Sentiment: Visa’s monitoring program for Hims & Hers Health highlights the network’s ability to enforce dispute controls and collect penalties when merchants generate excessive chargebacks. The episode reinforces Visa’s risk-management role without exposing it to the merchant’s customer-acquisition or regulatory costs. Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters
- Neutral Sentiment: CEO Ryan McInerney is scheduled to speak at the Goldman Sachs Communacopia + Technology Conference on September 8. The presentation could provide updates on spending trends, stablecoins and regulation, but no new financial guidance was announced. Visa to Participate in Upcoming Investor Conference
- Negative Sentiment: McInerney sold 5,875 Visa shares worth approximately $2.16 million, reducing his direct ownership by 27.9%. The sale occurred under a pre-arranged Rule 10b5-1 plan, making it less concerning than discretionary selling, but it may still draw limited attention from investors.
About Visa
(
Get Free Report)
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.
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