Penobscot Investment Management Company Inc. Sells 3,833 Shares of Visa Inc. $V

Penobscot Investment Management Company Inc. lessened its holdings in shares of Visa Inc. (NYSE:V) by 5.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,299 shares of the credit-card processor’s stock after selling 3,833 shares during the period. Visa accounts for approximately 1.7% of Penobscot Investment Management Company Inc.’s investment portfolio, making the stock its 11th biggest position. Penobscot Investment Management Company Inc.’s holdings in Visa were worth $24,542,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. XXEC Inc. lifted its stake in Visa by 153,118.8% in the 2nd quarter. XXEC Inc. now owns 186,260,448 shares of the credit-card processor’s stock worth $63,904,097,000 after purchasing an additional 186,138,883 shares in the last quarter. Diamant Asset Management Inc. grew its position in shares of Visa by 29,706.3% in the first quarter. Diamant Asset Management Inc. now owns 7,332,947 shares of the credit-card processor’s stock valued at $2,216,310,000 after purchasing an additional 7,308,345 shares in the last quarter. Jupiter Topco LLC purchased a new stake in shares of Visa in the second quarter valued at approximately $1,435,262,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Visa by 13.0% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,720,068 shares of the credit-card processor’s stock valued at $5,393,398,000 after purchasing an additional 1,808,496 shares in the last quarter. Finally, Janus Henderson Group PLC increased its holdings in shares of Visa by 33.1% in the first quarter. Janus Henderson Group PLC now owns 4,486,927 shares of the credit-card processor’s stock valued at $1,356,090,000 after purchasing an additional 1,116,498 shares during the last quarter. Hedge funds and other institutional investors own 82.15% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Cantor Fitzgerald set a $445.00 price objective on Visa and gave the stock an “overweight” rating in a research report on Monday, August 3rd. Daiwa Securities Group upped their target price on Visa from $375.00 to $422.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. The Goldman Sachs Group upped their target price on Visa from $420.00 to $438.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. President Capital raised their target price on Visa from $411.00 to $474.00 and gave the stock a “buy” rating in a research note on Monday, August 17th. Finally, DZ Bank reiterated a “buy” rating on shares of Visa in a report on Monday, August 3rd. Three research analysts have rated the stock with a Strong Buy rating and thirty-four have issued a Buy rating to the company’s stock. According to MarketBeat, Visa has an average rating of “Buy” and an average price target of $428.85.

Visa Price Performance

Visa stock opened at $401.31 on Wednesday. The firm has a 50 day simple moving average of $378.75 and a 200-day simple moving average of $341.35. Visa Inc. has a 1-year low of $293.89 and a 1-year high of $414.60.

Visa (NYSE:V) last announced its quarterly earnings results on Tuesday, October 27th. The credit-card processor reported $3.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.43 by $0.05. The firm had revenue of $12.14 billion for the quarter, compared to analyst estimates of $12.09 billion. The firm’s quarterly revenue was up 13.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.98 EPS. Equities analysts forecast that Visa Inc. will post 13.22 EPS for the current year.

Insider Buying and Selling

In related news, insider Tullier Mahon sold 57,272 shares of the stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $364.97, for a total value of $20,902,561.84. Following the completion of the transaction, the insider directly owned 49,662 shares in the company, valued at approximately $18,125,140.14. This represents a 53.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Ryan Mcinerney sold 5,875 shares of the firm’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $358.81, for a total value of $2,108,008.75. Following the sale, the chief executive officer directly owned 15,174 shares of the company’s stock, valued at approximately $5,444,582.94. This trade represents a 27.91% 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 three months, insiders sold 78,792 shares of company stock worth $28,863,319. Company insiders own 0.12% of the company’s stock.

Key Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa exceeded expectations with adjusted earnings of $3.48 per share versus the $3.43–$3.44 consensus, while revenue rose 13% year over year to approximately $12.14 billion, ahead of estimates. Adjusted EPS increased 17% from a year earlier, supported by higher payment volumes and transaction growth. Visa Beats Q4 Earnings and Revenue Estimates
• Positive Sentiment: The company reported approximately $6 billion in quarterly profit and raised its quarterly dividend by 16%, reinforcing its strong cash generation and shareholder-return profile. Visa Reports Higher Profit on Payment Volumes and Transactions Growth
• Positive Sentiment: Visa’s expansion into AI-enabled payments could provide a longer-term growth opportunity. The company is piloting trusted AI agents that can complete approved invoice payments, while Visa Direct is being expanded for international transfers. Visa’s Agent Payment Pilot
• Neutral Sentiment: The results exceeded forecasts, but Visa trades at a premium valuation, with a price-to-earnings ratio above 34 and the shares near their 52-week high. Investors may require continued strong growth to justify further gains. Visa Likely to Beat Q4 Earnings
• Negative Sentiment: Visa faces a potential £5 billion UK collective lawsuit involving roughly one million businesses. The claim alleges excessive and anti-competitive card fees; any resulting liability or changes to interchange-fee practices could pressure future profitability. Visa and Mastercard UK Lawsuit

Visa Profile

Visa Inc (NYSE: V) is a global payments technology company that facilitates electronic payments between consumers, businesses, financial institutions and governments. Through its VisaNet network, the company authorizes, clears and settles transactions made with Visa-branded credit, debit and prepaid cards, while generally not issuing cards, extending credit or setting cardholder account terms.

Visa provides payment products and services for consumer, commercial and government payments, as well as digital commerce and money movement.