Certified Advisory Corp Has $1.95 Million Stake in Visa Inc. $V

Certified Advisory Corp lowered its position in shares of Visa Inc. (NYSE:V) by 33.0% during the first quarter, HoldingsChannel reports. The fund owned 6,461 shares of the credit-card processor’s stock after selling 3,185 shares during the quarter. Certified Advisory Corp’s holdings in Visa were worth $1,953,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of V. Norges Bank bought a new stake in shares of Visa during the fourth quarter worth about $5,877,738,000. Cardano Risk Management B.V. increased its stake in shares of Visa by 867.6% in the fourth quarter. Cardano Risk Management B.V. now owns 8,213,610 shares of the credit-card processor’s stock valued at $2,880,595,000 after buying an additional 7,364,762 shares during the period. J. Stern & Co. LLP raised its holdings in Visa by 12,497.1% in the 4th quarter. J. Stern & Co. LLP now owns 3,378,039 shares of the credit-card processor’s stock valued at $1,184,712,000 after buying an additional 3,351,223 shares during the last quarter. Victory Capital Management Inc. raised its holdings in Visa by 48.2% in the 4th quarter. Victory Capital Management Inc. now owns 6,508,089 shares of the credit-card processor’s stock valued at $2,282,472,000 after buying an additional 2,116,463 shares during the last quarter. Finally, Corient Private Wealth LLC boosted its position in Visa by 110.4% during the 2nd quarter. Corient Private Wealth LLC now owns 3,954,937 shares of the credit-card processor’s stock worth $1,396,930,000 after buying an additional 2,075,289 shares during the period. Institutional investors and hedge funds own 82.15% of the company’s stock.

Key Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa announced a multi-year partnership with Evo, the fighting game tournament brand, to improve fan experiences and enable seamless global commerce through early 2028, adding another consumer-facing brand relationship. Evo and Visa Announce Multi-Year Partnership to Power a Global Game Community
• Positive Sentiment: Thredd implemented Visa Cloud Connect in Asia-Pacific, a sign that more issuers are using Visa’s cloud-based network infrastructure to support faster, more reliable payment issuing. Thredd Brings Visa Cloud Connect Live in Asia Pacific to Support Faster, More Reliable Issuing Across the Region
• Positive Sentiment: Visa’s AI-driven “Everyday Cashback” launch in the UAE with Mashreq and Rezolve AI highlights continued expansion into value-added services and commerce media, which could deepen merchant and cardholder engagement. Visa (V) Launches AI Driven Everyday Cashback In UAE With Mashreq And Rezolve AI
• Positive Sentiment: Boost Payment Solutions said Visa’s Commercial Enhanced Data Program is generating meaningful interchange savings and transaction growth for customers, suggesting Visa’s commercial payments tools are gaining traction. Thredd Turns to Visa to Advance Cloud-First Strategy in APAC
• Neutral Sentiment: Zacks highlighted Visa as a long-term stock pick, reflecting constructive sentiment but offering no new fundamental catalyst. Why Visa (V) is a Top Stock for the Long-Term
• Negative Sentiment: European lawmakers advanced a digital euro framework aimed at reducing reliance on Visa and Mastercard, which could be a longer-term competitive risk for Visa’s payments network in Europe. EU bets on digital euro to cut US tech addiction

Insiders Place Their Bets

In other news, CEO Ryan Mcinerney sold 31,455 shares of the stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $340.14, for a total transaction of $10,699,103.70. Following the completion of the sale, the chief executive officer directly owned 15,174 shares in the company, valued at $5,161,284.36. This represents a 67.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chris Suh sold 10,639 shares of the stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $324.81, for a total transaction of $3,455,653.59. Following the sale, the chief financial officer owned 9,872 shares of the company’s stock, valued at approximately $3,206,524.32. This trade represents a 51.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.12% of the company’s stock.

Visa Price Performance

Visa stock opened at $332.29 on Thursday. The stock’s 50 day moving average is $322.56 and its 200 day moving average is $324.21. Visa Inc. has a one year low of $293.89 and a one year high of $359.66. The firm has a market cap of $596.06 billion, a P/E ratio of 28.95, a P/E/G ratio of 1.75 and a beta of 0.77. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.09 and a quick ratio of 1.09.

Visa (NYSE:V) last released its earnings results on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share for the quarter, beating analysts’ consensus estimates of $3.10 by $0.21. The business had revenue of $11.23 billion during the quarter, compared to the consensus estimate of $10.75 billion. Visa had a net margin of 51.68% and a return on equity of 65.00%. The company’s revenue for the quarter was up 17.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.76 EPS. As a group, research analysts expect that Visa Inc. will post 13.09 EPS for the current year.

Visa declared that its board has authorized a stock buyback program on Tuesday, April 28th that allows the company to repurchase $20.00 billion in shares. This repurchase authorization allows the credit-card processor to purchase up to 3.6% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its stock is undervalued.

Visa Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, May 12th. Visa’s dividend payout ratio is currently 23.34%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Citigroup reduced their target price on shares of Visa from $450.00 to $400.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Weiss Ratings downgraded shares of Visa from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, April 16th. UBS Group lifted their price target on shares of Visa from $390.00 to $410.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Oppenheimer reissued an “outperform” rating and issued a $403.00 price objective (up from $391.00) on shares of Visa in a research note on Wednesday, April 29th. Finally, Loop Capital started coverage on Visa in a report on Tuesday, March 31st. They issued a “buy” rating and a $387.00 price objective for the company. Six investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Visa has an average rating of “Buy” and a consensus price target of $387.78.

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.