Robbins Farley raised its holdings in shares of Visa Inc. (NYSE:V – Free Report) by 11.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,277 shares of the credit-card processor’s stock after acquiring an additional 1,862 shares during the quarter. Visa makes up 2.4% of Robbins Farley’s portfolio, making the stock its 15th largest holding. Robbins Farley’s holdings in Visa were worth $6,271,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Cresta Advisors Ltd. purchased a new position in Visa during the fourth quarter valued at $26,000. Parvin Asset Management LLC increased its position in Visa by 200.0% in the third quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor’s stock worth $26,000 after buying an additional 50 shares in the last quarter. Philadelphia Investment Partners LLC bought a new position in shares of Visa in the second quarter worth about $29,000. Virtus Advisers LLC bought a new position in shares of Visa in the second quarter worth about $33,000. Finally, RHL Group LLC bought a new position in shares of Visa in the fourth quarter worth about $34,000. Institutional investors own 82.15% of the company’s stock.
Visa Stock Up 1.7%
Shares of V opened at $378.99 on Thursday. The business’s 50 day moving average is $361.90 and its 200 day moving average is $332.52. The company has a market capitalization of $676.28 billion, a PE ratio of 32.23, a price-to-earnings-growth ratio of 2.00 and a beta of 0.76. Visa Inc. has a 12-month low of $293.89 and a 12-month high of $385.57. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.60.
Visa Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th were issued a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, August 11th. Visa’s payout ratio is 22.79%.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on the company. Robert W. Baird boosted their price objective on Visa from $412.00 to $420.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Barclays began coverage on shares of Visa in a research note on Tuesday, July 7th. They set an “overweight” rating and a $420.00 target price on the stock. Raymond James Financial reiterated an “outperform” rating and issued a $406.00 price target on shares of Visa in a research report on Wednesday, July 29th. Sanford C. Bernstein reissued an “outperform” rating and issued a $450.00 price objective on shares of Visa in a research note on Tuesday, June 2nd. Finally, Truist Financial set a $406.00 price objective on shares of Visa and gave the company a “buy” rating in a research report on Wednesday, August 5th. Seven analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $416.62.
Read Our Latest Report on Visa
Insider Buying and Selling
In other Visa news, General Counsel Julie B. Rottenberg sold 2,028 shares of Visa stock in a transaction on Monday, August 31st. The shares were sold at an average price of $381.35, for a total value of $773,377.80. Following the sale, the general counsel directly owned 18,404 shares in the company, valued at approximately $7,018,365.40. The trade was a 9.93% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ryan Mcinerney sold 20,970 shares of the business’s stock in a transaction on Monday, June 29th. The stock was sold at an average price of $340.25, for a total transaction of $7,135,042.50. Following the completion of the sale, the chief executive officer owned 15,174 shares in the company, valued at approximately $5,162,953.50. The trade was a 58.02% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 104,537 shares of company stock worth $37,540,837. 0.12% of the stock is owned by insiders.
Visa News Roundup
Here are the key news stories impacting Visa this week:
- Positive Sentiment: Visa launched an enhanced version of A2A Protect, adding real-time risk insights and a unified fraud score that incorporates Featurespace technology. The offering is designed to help banks stop account-to-account fraud before funds leave customer accounts, potentially expanding Visa’s software and risk-management revenue opportunities. Visa launches enhanced A2A Protect
- Positive Sentiment: Handwave and Visa announced an integration allowing payment cards to be linked to palm biometrics. The technology could improve checkout convenience and security while supporting Visa’s efforts to grow tokenized and biometric payment transactions. Handwave and Visa palm biometrics integration
- Positive Sentiment: Analyst commentary continues to emphasize Visa’s durable payments-network moat and long-term growth potential. The stock has a consensus “Buy” rating and an average target price of $416.62, above its recent trading level. Why Visa is a top stock for the long term
- Neutral Sentiment: Advasa upgraded its Visa card to support USDC payments alongside fiat currency. The announcement highlights Visa’s role in stablecoin payments, although the direct financial impact appears limited because Advasa is a relatively small partner and regulatory risks remain. Advasa expands Visa card to support USDC
- Neutral Sentiment: Visa CEO Ryan McInerney sold 5,875 shares under a pre-arranged Rule 10b5-1 plan, while General Counsel Julie Rottenberg separately sold shares. The transactions may attract attention, but scheduled sales and continued insider ownership make them a limited signal of operating expectations. Visa CEO insider transaction
- Negative Sentiment: Visa has submitted roughly 6 million documents to the U.S. Department of Justice in an ongoing debit-card lawsuit. Discovery has been extended into 2027 and trial is expected in 2028, keeping potential regulatory remedies, legal costs and changes to debit practices as longer-term overhangs. Visa DOJ debit-card lawsuit
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.
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