Angeles Wealth Management LLC Buys 1,583 Shares of Visa Inc. $V

Angeles Wealth Management LLC increased its stake in Visa Inc. (NYSE:V) by 6.1% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 27,376 shares of the credit-card processor’s stock after purchasing an additional 1,583 shares during the quarter. Angeles Wealth Management LLC’s holdings in Visa were worth $8,274,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Clearstead Trust LLC raised its position in Visa by 1.4% during the first quarter. Clearstead Trust LLC now owns 23,708 shares of the credit-card processor’s stock valued at $7,165,000 after purchasing an additional 338 shares in the last quarter. Avalon Trust Co raised its position in Visa by 2.0% in the 1st quarter. Avalon Trust Co now owns 176,643 shares of the credit-card processor’s stock worth $53,389,000 after purchasing an additional 3,508 shares during the period. SteelPeak Wealth LLC raised its position in Visa by 22.1% in the 1st quarter. SteelPeak Wealth LLC now owns 31,765 shares of the credit-card processor’s stock worth $9,601,000 after purchasing an additional 5,745 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in Visa by 1.4% in the first quarter. Allspring Global Investments Holdings LLC now owns 847,001 shares of the credit-card processor’s stock worth $252,838,000 after purchasing an additional 11,885 shares during the last quarter. Finally, One Day In July LLC lifted its stake in Visa by 100.8% in the first quarter. One Day In July LLC now owns 4,643 shares of the credit-card processor’s stock worth $1,403,000 after purchasing an additional 2,331 shares during the last quarter. 82.15% of the stock is currently owned by institutional investors.

Insider Activity at Visa

In related news, CFO Chris Suh sold 10,639 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $324.81, for a total transaction of $3,455,653.59. Following the completion of the transaction, the chief financial officer owned 9,872 shares in the company, valued at $3,206,524.32. This represents a 51.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Julie B. Rottenberg sold 2,027 shares of the firm’s stock in a transaction on Thursday, July 2nd. The stock was 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 directly owned 18,404 shares of the company’s stock, valued at $6,625,440. The trade was a 9.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 75,581 shares of company stock worth $25,627,975 over the last quarter. 0.12% of the stock is owned by corporate insiders.

Visa Stock Up 2.6%

NYSE V opened at $364.40 on Friday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.09 and a quick ratio of 1.09. The stock has a market capitalization of $653.65 billion, a PE ratio of 31.74, a PEG ratio of 1.90 and a beta of 0.75. Visa Inc. has a 1 year low of $293.89 and a 1 year high of $365.14. The business’s 50-day moving average is $333.61 and its 200 day moving average is $324.96.

Visa (NYSE:V) last released its quarterly earnings results on Tuesday, April 28th. The credit-card processor reported $3.31 EPS for the quarter, beating analysts’ consensus estimates of $3.10 by $0.21. Visa had a return on equity of 65.00% and a net margin of 51.68%.The business had revenue of $11.23 billion during the quarter, compared to analyst estimates of $10.75 billion. During the same quarter in the prior year, the company posted $2.76 EPS. Visa’s quarterly revenue was up 17.1% compared to the same quarter last year. Sell-side analysts forecast that Visa Inc. will post 13.1 earnings per share for the current year.

Visa announced that its Board of Directors has authorized a share repurchase plan on Tuesday, April 28th that authorizes the company to buyback $20.00 billion in outstanding shares. This buyback authorization authorizes the credit-card processor to reacquire up to 3.6% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s management believes its stock is undervalued.

Visa Announces Dividend

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

Key Headlines Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa announced the Visa Stablecoin Platform, a new enterprise offering that lets banks, fintechs, and crypto-native firms mint, move, store, and redeem stablecoins in a single Visa-managed environment. The launch expands Visa’s role in digital assets and could create new fee and platform-based revenue opportunities. Article Title
• Positive Sentiment: Visa and Artemis published research showing stablecoins and AI-agent micropayments could become an important new payments layer, reinforcing Visa’s positioning in a growing market and highlighting potential long-term demand for its infrastructure. Article Title
• Positive Sentiment: Visa is also expanding its value-added services with an AI Financial Assistant for banks, and partners such as Thredd are joining Visa’s Agentic Ready program, suggesting stronger adoption of Visa’s tokenization, passkeys, and real-time payment tools. Article Title
• Neutral Sentiment: Market commentary noted Visa’s strong chart setup, including a recent golden cross, and a Zacks piece highlighted that the stock has been outperforming the broader market. These items may support momentum, but they are not fundamental catalysts. Article Title

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on V. Robert W. Baird set a $412.00 price objective on Visa and gave the company an “outperform” rating in a research note on Monday, July 6th. Evercore set a $350.00 target price on Visa in a research note on Wednesday, April 29th. Cantor Fitzgerald restated an “overweight” rating and set a $400.00 target price on shares of Visa in a report on Wednesday, April 29th. Oppenheimer restated an “outperform” rating and set a $403.00 price target (up from $391.00) on shares of Visa in a research report on Wednesday, April 29th. Finally, Citigroup decreased their price target on Visa from $450.00 to $400.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Six analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Visa has a consensus rating of “Buy” and a consensus price target of $398.36.

Visa Profile

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.