Visa Inc. (NYSE:V – Get Free Report) CEO Ryan Mcinerney sold 5,875 shares of the stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $379.65, for a total value of $2,230,443.75. Following the sale, the chief executive officer directly owned 15,174 shares in the company, valued at $5,760,809.10. This trade represents a 27.91% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Ryan Mcinerney also recently made the following trade(s):
- On Friday, August 21st, Ryan Mcinerney sold 5,875 shares of Visa stock. The shares were sold at an average price of $367.87, for a total transaction of $2,161,236.25.
- On Wednesday, July 1st, Ryan Mcinerney sold 10,490 shares of Visa stock. The shares were sold at an average price of $343.99, for a total transaction of $3,608,455.10.
- On Monday, June 29th, Ryan Mcinerney sold 20,970 shares of Visa stock. The shares were sold at an average price of $340.25, for a total value of $7,135,042.50.
Visa Stock Performance
Shares of V opened at $379.17 on Friday. Visa Inc. has a 12-month low of $293.89 and a 12-month high of $385.57. The company has a market cap of $676.60 billion, a PE ratio of 32.24, a price-to-earnings-growth ratio of 2.03 and a beta of 0.76. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.60. The stock has a 50-day moving average price of $362.88 and a 200-day moving average price of $332.97.
Visa Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were given a $0.67 dividend. The ex-dividend date was Tuesday, August 11th. This represents a $2.68 dividend on an annualized basis and a yield of 0.7%. Visa’s payout ratio is presently 22.79%.
Analyst Upgrades and Downgrades
A number of brokerages recently commented on V. Morgan Stanley reaffirmed an “overweight” rating and issued a $416.00 price target on shares of Visa in a research note on Wednesday, July 29th. Truist Financial set a $406.00 price target on Visa and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Piper Sandler reissued an “overweight” rating and set a $430.00 price objective (up from $394.00) on shares of Visa in a research report on Wednesday, July 29th. Cantor Fitzgerald set a $445.00 target price on shares of Visa and gave the stock an “overweight” rating in a research note on Monday, August 3rd. Finally, Susquehanna reiterated a “positive” rating and set a $427.00 price target (up from $410.00) on shares of Visa in a report on Wednesday, July 29th. Seven research analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, Visa currently has an average rating of “Buy” and a consensus price target of $416.62.
View Our Latest Analysis on Visa
Key Visa News
Here are the key news stories impacting Visa this week:
- Positive Sentiment: Visa launched an enhanced A2A Protect platform featuring real-time risk insights and a unified fraud score incorporating Featurespace technology. The product is designed to help banks stop account-to-account fraud before funds leave customer accounts, potentially expanding Visa’s fraud-prevention and software revenue. Visa launches enhanced A2A Protect
- Positive Sentiment: Visa integrated with Handwave to allow cards to be linked to palm biometrics for payments. The technology could improve checkout convenience and security while supporting growth in tokenized and biometric transactions. Handwave Visa palm biometrics integration
- Positive Sentiment: Visa’s network is being used in additional stablecoin applications, including Advasa’s upgraded Visa card with USDC payment support. Broader stablecoin acceptance could create longer-term transaction opportunities, complementing Visa’s recent 14.4% revenue growth and quarterly earnings beat. Advasa expands Visa card to support USDC
- Neutral Sentiment: Twenty-one financial institutions are reportedly advancing a jointly backed stablecoin venture, signaling that competition is shifting toward payment infrastructure and distribution. The development validates the stablecoin market but could increase competition with Visa’s role as the payments industry develops. Stablecoins this week
- Neutral Sentiment: Visa CEO Ryan McInerney sold 5,875 shares for approximately $2.23 million, and General Counsel Julie Rottenberg previously sold about $773,000. Both transactions were made under pre-arranged Rule 10b5-1 plans, limiting their value as signals of deteriorating business expectations, though the sales may weigh on sentiment. Visa insider selling
- Negative Sentiment: Reports that Robinhood memecoin purchases made with credit cards may be coded as digital-media transactions could draw scrutiny over rewards eligibility and transaction classification. Any resulting disputes or policy changes could create friction for Visa and card issuers in crypto-related payments. Robinhood memecoin credit-card coding
Hedge Funds Weigh In On Visa
Hedge funds have recently bought and sold shares of the business. MLG Wealth Management DBA Pine Grove Financial Group lifted its position in Visa by 12.5% during the second quarter. MLG Wealth Management DBA Pine Grove Financial Group now owns 846 shares of the credit-card processor’s stock valued at $290,000 after purchasing an additional 94 shares during the period. Second Line Capital LLC grew its holdings in shares of Visa by 4.6% in the second quarter. Second Line Capital LLC now owns 11,400 shares of the credit-card processor’s stock worth $3,911,000 after acquiring an additional 504 shares during the period. Range Advisory LLC increased its position in Visa by 47.3% during the second quarter. Range Advisory LLC now owns 4,121 shares of the credit-card processor’s stock valued at $1,414,000 after acquiring an additional 1,323 shares during the last quarter. Parrish Capital LLC purchased a new stake in Visa during the second quarter valued at $212,000. Finally, NWM Advisors LLC lifted its holdings in Visa by 5.5% in the second quarter. NWM Advisors LLC now owns 13,821 shares of the credit-card processor’s stock valued at $4,742,000 after acquiring an additional 725 shares during the period. Hedge funds and other institutional investors own 82.15% of the company’s stock.
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.
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