Wedbush Securities Inc. Trims Position in Visa Inc. $V

Wedbush Securities Inc. trimmed its position in shares of Visa Inc. (NYSE:V) by 3.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,598 shares of the credit-card processor’s stock after selling 2,530 shares during the period. Wedbush Securities Inc.’s holdings in Visa were worth $21,477,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Brighton Jones LLC lifted its holdings in Visa by 50.1% in the 4th quarter. Brighton Jones LLC now owns 20,635 shares of the credit-card processor’s stock worth $6,522,000 after purchasing an additional 6,883 shares in the last quarter. Revolve Wealth Partners LLC grew its holdings in Visa by 68.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 11,811 shares of the credit-card processor’s stock valued at $3,733,000 after buying an additional 4,817 shares in the last quarter. Nicholas Hoffman & Company LLC. grew its holdings in Visa by 4.6% during the 1st quarter. Nicholas Hoffman & Company LLC. now owns 10,941 shares of the credit-card processor’s stock valued at $3,834,000 after buying an additional 477 shares in the last quarter. Matrix Asset Advisors Inc. NY raised its position in shares of Visa by 16.9% during the second quarter. Matrix Asset Advisors Inc. NY now owns 1,133 shares of the credit-card processor’s stock valued at $402,000 after buying an additional 164 shares during the last quarter. Finally, Schnieders Capital Management LLC. raised its position in shares of Visa by 13.8% during the second quarter. Schnieders Capital Management LLC. now owns 18,367 shares of the credit-card processor’s stock valued at $6,521,000 after buying an additional 2,230 shares during the last quarter. Hedge funds and other institutional investors own 82.15% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Cantor Fitzgerald set a $445.00 target price on shares of Visa and gave the stock an “overweight” rating in a report on Monday, August 3rd. Weiss Ratings raised shares of Visa from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, July 30th. Citigroup reiterated a “buy” rating and issued a $440.00 price target (up from $400.00) on shares of Visa in a report on Wednesday, July 29th. JPMorgan Chase & Co. boosted their price target on shares of Visa from $400.00 to $450.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Finally, Wolfe Research reissued an “outperform” rating and set a $460.00 price objective (up from $435.00) on shares of Visa in a report on Tuesday. Seven investment analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $414.54.

Insider Buying and Selling at Visa

In other Visa news, insider Tullier Kelly Mahon sold 57,272 shares of Visa stock in a transaction on Thursday, July 30th. The shares were 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 of the company’s stock, valued at $18,125,140.14. This trade represents a 53.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Ryan Mcinerney sold 20,970 shares of the business’s stock in a transaction dated 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. This trade represents a 58.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 96,634 shares of company stock worth $34,537,016 over the last 90 days. 0.12% of the stock is owned by insiders.

Key Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Stablecoin and AI-payment partnership: Visa is working with Dunamu, the operator of South Korean cryptocurrency exchange Upbit, to develop stablecoin payments, cross-border remittances, settlement services and AI-powered commerce. The agreement could help Visa build institutional-grade digital-asset payment infrastructure across Asia while connecting cryptocurrency technology with its global network. Upbit operator Dunamu teams up with Visa on stablecoin and AI payments
• Positive Sentiment: Expanded cybersecurity product: Visa upgraded its AI-powered Vulnerability Agentic Harness to identify, remediate and validate cyber vulnerabilities for clients. The broader toolset may strengthen Visa’s value proposition to merchants and financial institutions and support growth in security-related services. Visa Rolls Out AI-Powered Cyber Vulnerability Patching for Clients
• Positive Sentiment: Merchant acceptance expansion: Visa’s partnership with Bluefin combines payment security, transaction routing and device management in a unified card-present platform. The offering could simplify deployment for large merchants, deepen customer relationships and expand Visa’s acceptance solutions. Visa Launches Unified Card Present Payment Platform for Global Merchants
• Positive Sentiment: Institutional endorsement: Bill Ackman’s Pershing Square added Visa and Mastercard during a major portfolio overhaul, providing a favorable signal from a prominent long-term investor. Bill Ackman Just Made His Biggest Portfolio Overhaul in Years
• Neutral Sentiment: Visa restored payment-network access in Syria through a live transaction, but Mastercard reportedly reached the market at nearly the same time, limiting any first-mover advantage. Visa Reopens Syria With One Payment and No Monopoly
• Negative Sentiment: Valuation risk: Visa recently reached a record high before giving up the breakout. With shares trading at roughly 32 times earnings, investors may demand continued strong growth, making the stock vulnerable to profit-taking or disappointing execution. Visa Hits Record, Then Surrenders the Breakout

Visa Stock Up 0.5%

Shares of V opened at $381.66 on Friday. The stock has a market capitalization of $681.05 billion, a price-to-earnings ratio of 32.45, a price-to-earnings-growth ratio of 2.04 and a beta of 0.74. Visa Inc. has a 1 year low of $293.89 and a 1 year high of $385.57. The business’s 50 day simple moving average is $359.07 and its 200-day simple moving average is $331.43. 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 (NYSE:V) last posted its earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 EPS for the quarter, beating analysts’ consensus estimates of $3.23 by $0.09. Visa had a return on equity of 67.68% and a net margin of 50.78%.The firm had revenue of $11.63 billion during the quarter, compared to the consensus estimate of $11.40 billion. During the same period in the prior year, the company earned $2.98 EPS. The company’s quarterly revenue was up 14.4% compared to the same quarter last year. As a group, equities analysts expect that Visa Inc. will post 13.16 earnings per share for the current fiscal year.

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 given a dividend of $0.67 per share. The ex-dividend date is Tuesday, August 11th. This represents a $2.68 annualized dividend and a yield of 0.7%. Visa’s dividend payout ratio (DPR) is 22.79%.

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.