Turn8 Private Wealth Inc. Buys 1,544 Shares of Visa Inc. $V

Turn8 Private Wealth Inc. boosted its stake in Visa Inc. (NYSE:V) by 15.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,731 shares of the credit-card processor’s stock after buying an additional 1,544 shares during the period. Visa accounts for approximately 2.2% of Turn8 Private Wealth Inc.’s portfolio, making the stock its 24th largest position. Turn8 Private Wealth Inc.’s holdings in Visa were worth $3,546,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of V. QRG Capital Management Inc. grew its holdings in shares of Visa by 11.4% during the 1st quarter. QRG Capital Management Inc. now owns 280,319 shares of the credit-card processor’s stock worth $84,724,000 after acquiring an additional 28,789 shares during the period. Lafayette Investments Inc. raised its position in shares of Visa by 4.4% in the 1st quarter. Lafayette Investments Inc. now owns 9,066 shares of the credit-card processor’s stock worth $2,740,000 after acquiring an additional 382 shares in the last quarter. Hendershot Investments Inc. lifted its stake in shares of Visa by 0.3% in the 1st quarter. Hendershot Investments Inc. now owns 76,097 shares of the credit-card processor’s stock valued at $23,000,000 after purchasing an additional 237 shares during the period. Oxbow Advisors LLC lifted its stake in shares of Visa by 1.3% in the 1st quarter. Oxbow Advisors LLC now owns 39,298 shares of the credit-card processor’s stock valued at $11,877,000 after purchasing an additional 520 shares during the period. Finally, Integrity Wealth Partners LLC bought a new stake in shares of Visa during the first quarter valued at approximately $812,000. 82.15% of the stock is owned by institutional investors.

Key Visa News

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

Insider Buying and Selling at Visa

In related news, CFO Chris Suh sold 10,639 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $324.81, for a total value of $3,455,653.59. Following the transaction, the chief financial officer owned 9,872 shares in the company, valued at $3,206,524.32. The trade was a 51.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Ryan Mcinerney sold 31,455 shares of the 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 sale, the chief executive officer directly owned 15,174 shares in the company, valued at $5,161,284.36. This trade represents a 67.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 73,554 shares of company stock valued at $24,898,255 over the last 90 days. Corporate insiders own 0.12% of the company’s stock.

Visa Stock Performance

Shares of V opened at $361.31 on Monday. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.64. The stock 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’s 50 day moving average price is $327.17 and its 200-day moving average price is $324.74. Visa Inc. has a 52 week low of $293.89 and a 52 week high of $362.13.

Visa (NYSE:V) last posted its quarterly earnings data 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 company had revenue of $11.23 billion during the quarter, compared to analyst estimates of $10.75 billion. Visa had a return on equity of 65.00% and a net margin of 51.68%.The firm’s revenue for the quarter was up 17.1% on a year-over-year basis. During the same quarter last year, the company earned $2.76 EPS. Equities research analysts anticipate that Visa Inc. will post 13.1 earnings per share for the current fiscal year.

Visa declared that its Board of Directors has initiated a stock repurchase program on Tuesday, April 28th that permits the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization permits the credit-card processor to reacquire up to 3.6% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board believes its stock is undervalued.

Visa Announces Dividend

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

Wall Street Analyst Weigh In

Several brokerages recently weighed in on V. Weiss Ratings cut Visa from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, April 16th. BMO Capital Markets started coverage on Visa in a research report on Tuesday, April 21st. They set an “outperform” rating and a $365.00 price objective for the company. Citigroup dropped their target price on shares of Visa from $450.00 to $400.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Loop Capital assumed coverage on shares of Visa in a research report on Tuesday, March 31st. They issued a “buy” rating and a $387.00 target price on the stock. Finally, Oppenheimer reiterated an “outperform” rating and issued a $403.00 price target (up from $391.00) on shares of Visa in a research note on Wednesday, April 29th. Seven investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Visa presently has an average rating of “Buy” and an average target price of $397.96.

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.