Visa (NYSE:V) Stock Price Up 2.9% – Time to Buy?

Shares of Visa Inc. (NYSE:V) shot up 2.9% during mid-day trading on Thursday . The stock traded as high as $362.13 and last traded at $361.3060. Approximately 9,716,831 shares were traded during trading, an increase of 21% from the average daily volume of 8,060,900 shares. The stock had previously closed at $351.08.

Visa News Summary

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa is expanding into AI-powered travel payments through a partnership with eDreams ODIGEO, allowing AI agents to initiate and complete purchases across major travel brands, which could create new transaction volume. eDO Taps Visa to Allow AI Agents to Purchase Travel
• Positive Sentiment: Visa launched its Threat Intelligence Platform to help banks detect cyber threats earlier and reduce fraud risk, reinforcing the strength of its network and security offering. Visa Lets Banks Access Its In-House Cybersecurity Capabilities
• Positive Sentiment: Visa continues to show momentum in agentic payments, with successful live transactions alongside partners such as BBVA, Worldline, ING, and Nuvei, suggesting early traction in AI-driven payment rails. Visa and BBVA Prove Today’s Rails Can Handle Agentic Payments
• Positive Sentiment: Analyst and market commentary remain constructive, with Visa cited as a top blue-chip name and Piper Sandler recently starting coverage with an Overweight rating and a $394 target. Visa Stock Surges 12.4% in a Month: Time to Buy, Hold or Sell?
• Positive Sentiment: Visa’s last reported quarter beat expectations, with EPS of $3.31 versus $3.10 expected and revenue up 17.1% year over year, supporting the stock’s premium valuation. Visa stock profile and earnings summary
• Neutral Sentiment: CEO Ryan McInerney sold shares under a pre-arranged 10b5-1 plan, which is worth noting but does not necessarily signal a change in outlook. SEC filing for CEO stock sale

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Evercore set a $350.00 target price on Visa in a research note on Wednesday, April 29th. Piper Sandler started coverage on shares of Visa in a research note on Monday. They issued an “overweight” rating and a $394.00 price target for the company. Morgan Stanley reaffirmed an “overweight” rating and issued a $415.00 price target on shares of Visa in a report on Wednesday, April 29th. UBS Group increased their price objective on shares of Visa from $390.00 to $410.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Finally, Weiss Ratings lowered shares of Visa from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, April 16th. Seven equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $397.96.

Visa Trading Down 0.2%

The company has a market cap of $648.10 billion, a P/E ratio of 31.47, a P/E/G ratio of 1.93 and a beta of 0.75. The business has a fifty day simple moving average of $327.17 and a 200 day simple moving average of $324.90. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.09 and a current ratio of 1.09.

Visa (NYSE:V) last issued its quarterly 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 return on equity of 65.00% and a net margin of 51.68%.The business’s quarterly revenue was up 17.1% on a year-over-year basis. During the same period in the previous year, the business earned $2.76 EPS. Analysts anticipate that Visa Inc. will post 13.1 earnings per share for the current fiscal year.

Visa Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were paid a dividend of $0.67 per share. The ex-dividend date was Tuesday, May 12th. This represents a $2.68 annualized dividend and a yield of 0.7%. Visa’s payout ratio is presently 23.34%.

Visa announced that its Board of Directors has authorized a share buyback program on Tuesday, April 28th that allows the company to buyback $20.00 billion in outstanding shares. This buyback authorization allows the credit-card processor to repurchase up to 3.6% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its shares are undervalued.

Insider Transactions at Visa

In related news, CEO Ryan Mcinerney sold 31,455 shares of the business’s stock in a transaction dated 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 owned 15,174 shares of the company’s stock, valued at $5,161,284.36. This represents a 67.46% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 dated 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 in the company, valued at approximately $3,206,524.32. This trade represents a 51.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 73,554 shares of company stock worth $24,898,255. Insiders own 0.12% of the company’s stock.

Hedge Funds Weigh In On Visa

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. CX Institutional boosted its position in Visa by 7.2% during the 2nd quarter. CX Institutional now owns 93,869 shares of the credit-card processor’s stock valued at $32,205,000 after purchasing an additional 6,302 shares during the period. First County Bank CT grew its stake in Visa by 3.7% during the 2nd quarter. First County Bank CT now owns 3,451 shares of the credit-card processor’s stock worth $1,184,000 after buying an additional 122 shares during the last quarter. Marathon Mission Inc. acquired a new stake in Visa in the second quarter worth $211,000. Miller Global Investments LLC increased its position in Visa by 90.1% in the second quarter. Miller Global Investments LLC now owns 633 shares of the credit-card processor’s stock worth $217,000 after buying an additional 300 shares during the period. Finally, First Financial Bank Trust Division lifted its stake in Visa by 1.0% in the second quarter. First Financial Bank Trust Division now owns 37,454 shares of the credit-card processor’s stock valued at $12,850,000 after buying an additional 389 shares during the last quarter. 82.15% of the stock is currently owned by institutional investors and hedge funds.

Visa Company Profile

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.