Share on StockTwits
 

Visa (NYSE:V) EVP Elizabeth Buse unloaded 6,159 shares of Visa stock on the open market in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $225.89, for a total transaction of $1,391,256.51. Following the transaction, the executive vice president now directly owns 29,266 shares of the company’s stock, valued at approximately $6,610,897. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Visa (NYSE:V) traded down 0.96% on Wednesday, hitting $223.88. 2,335,558 shares of the company’s stock traded hands. Visa has a one year low of $154.79 and a one year high of $235.50. The stock’s 50-day moving average is $221.9 and its 200-day moving average is $201.0. The company has a market cap of $141.9 billion and a P/E ratio of 28.78.

Visa (NYSE:V) last released its earnings data on Thursday, January 30th. The company reported $2.20 earnings per share for the quarter, beating the analysts’ consensus estimate of $2.16 by $0.04. The company had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.12 billion. On average, analysts predict that Visa will post $8.88 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, March 4th. Shareholders of record on Friday, February 14th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date of this dividend is Wednesday, February 12th.

A number of analysts have recently weighed in on V shares. Analysts at TheStreet reiterated a “buy” rating on shares of Visa in a research note on Tuesday. Finally, analysts at Zacks reiterated an “outperform” rating on shares of Visa in a research note on Thursday, February 6th. They now have a $4.00 price target on the stock. Nine research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. Visa currently has an average rating of “Buy” and a consensus price target of $215.59.

Visa Inc (NYSE:V) is a global payments technology company that connects consumers, businesses, banks and governments in more than 200 countries and territories to fast, secure and reliable electronic payments.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.