Visa Inc. $V Shares Sold by Versant Capital Management Inc

Versant Capital Management Inc lowered its holdings in Visa Inc. (NYSE:V) by 19.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,107 shares of the credit-card processor’s stock after selling 1,459 shares during the period. Versant Capital Management Inc’s holdings in Visa were worth $2,095,000 as of its most recent SEC filing.

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

More Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa agreed to acquire BioCatch for approximately $2.4 billion in cash. BioCatch uses behavioral biometrics, including typing patterns, touchscreen behavior and device handling, to identify account takeovers, scams, money-mule activity and application fraud before transactions occur. The deal should strengthen Visa’s fraud, cybersecurity and risk-management offerings as AI-enabled scams become more sophisticated. Visa to buy cybersecurity firm BioCatch for $2.4 billion amid surge in AI-powered scams
• Positive Sentiment: Visa is expanding its payment ecosystem through GCash, which plans to introduce card-linking capabilities with Visa and Mastercard. The rollout could improve consumer payment convenience and support transaction growth in the Philippines. GCash to expand payment options with Visa and Mastercard card linking
• Neutral Sentiment: Visa continues to promote controls and data governance for “agentic” artificial-intelligence systems. The initiative supports long-term opportunities in AI-enabled commerce, although it does not represent a near-term financial catalyst. Visa Says the Agentic Enterprise Starts With Better Controls
• Neutral Sentiment: Predictions that AI-powered cryptocurrency payments will become mainstream could eventually create new transaction opportunities for Visa, but the outlook is speculative and Ethereum-based adoption is not an immediate earnings driver. Tom Lee Predicts AI-Powered Crypto Payments Will Go Mainstream in Under Five Years
• Negative Sentiment: Elon Musk’s X Money is adding debit cards and money-transfer features, increasing competition for Visa in digital payments. The potential impact remains uncertain because the service is initially limited to select users. Elon Musk introduces money transfer service to social media app X
• Negative Sentiment: The BioCatch transaction requires a substantial cash outlay, which may pressure near-term returns if the acquisition takes time to generate meaningful revenue or cost synergies. A reported sale of 57,272 Visa shares by an insider may also weigh modestly on sentiment. Tullier Kelly Mahon Sells 57,272 Shares of Visa Stock

Visa Stock Performance

NYSE V opened at $365.77 on Tuesday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.99 and a quick ratio of 0.99. Visa Inc. has a 1-year low of $293.89 and a 1-year high of $373.97. The firm has a market capitalization of $656.10 billion, a P/E ratio of 31.10, a P/E/G ratio of 1.98 and a beta of 0.74. The business’s 50-day simple moving average is $341.85 and its 200-day simple moving average is $325.92.

Visa (NYSE:V) last posted its earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.23 by $0.09. Visa had a net margin of 50.78% and a return on equity of 67.68%. The firm had revenue of $11.63 billion during the quarter, compared to the consensus estimate of $11.40 billion. During the same quarter in the prior year, the company earned $2.98 EPS. The company’s revenue was up 14.4% on a year-over-year basis. Equities analysts predict that Visa Inc. will post 13.12 EPS for the current year.

Visa declared that its board has approved a stock repurchase plan on Tuesday, April 28th that authorizes the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization authorizes the credit-card processor to repurchase up to 3.6% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Visa Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 0.7%. The ex-dividend date is Tuesday, August 11th. Visa’s payout ratio is currently 22.79%.

Insider Buying and Selling at Visa

In other news, General Counsel Julie B. Rottenberg sold 2,027 shares of the stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $360.00, for a total value of $729,720.00. Following the completion of the sale, the general counsel owned 18,404 shares of the company’s stock, valued at $6,625,440. This represents a 9.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Tullier Kelly Mahon sold 57,272 shares of the firm’s stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $364.97, for a total transaction 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 position. The SEC filing for this sale provides additional information. Insiders have sold 101,398 shares of company stock valued at $35,831,433 in the last ninety days. Corporate insiders own 0.12% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on V shares. Sanford C. Bernstein restated an “outperform” rating and issued a $450.00 target price on shares of Visa in a report on Tuesday, June 2nd. Citigroup reaffirmed a “buy” rating and set a $440.00 price target (up from $400.00) on shares of Visa in a research report on Wednesday, July 29th. Piper Sandler reaffirmed an “overweight” rating and set a $430.00 price target (up from $394.00) on shares of Visa in a research note on Wednesday, July 29th. Wolfe Research reiterated an “outperform” rating and issued a $435.00 price target (up from $430.00) on shares of Visa in a report on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $430.00 price objective on shares of Visa in a research note on Wednesday, July 29th. Seven analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the company. According to MarketBeat, Visa has a consensus rating of “Buy” and a consensus target price of $413.12.

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.