Visa Inc. $V Shares Bought by Apella Capital LLC

Apella Capital LLC increased its stake in shares of Visa Inc. (NYSE:V) by 25.6% during the first quarter, Holdings Channel reports. The institutional investor owned 21,592 shares of the credit-card processor’s stock after acquiring an additional 4,406 shares during the period. Apella Capital LLC’s holdings in Visa were worth $6,845,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in V. Clayton Financial Group LLC raised its holdings in shares of Visa by 446.2% in the fourth quarter. Clayton Financial Group LLC now owns 71 shares of the credit-card processor’s stock worth $25,000 after acquiring an additional 58 shares during the last quarter. Parvin Asset Management LLC boosted its stake in shares of Visa by 200.0% during the third quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor’s stock valued at $26,000 after acquiring an additional 50 shares during the last quarter. PayPay Securities Corp boosted its stake in shares of Visa by 102.7% during the fourth quarter. PayPay Securities Corp now owns 75 shares of the credit-card processor’s stock valued at $26,000 after acquiring an additional 38 shares during the last quarter. Cresta Advisors Ltd. purchased a new stake in Visa during the 4th quarter worth about $26,000. Finally, Dorato Capital Management purchased a new stake in Visa during the 4th quarter worth about $30,000. 82.15% of the stock is currently owned by institutional investors and hedge funds.

More Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa launched Visa Destinations, a travel-planning platform now live in major global cities, which could open a new consumer-facing growth channel and strengthen Visa’s brand in the travel economy. Visa Redefines Its Role in Travel With the Global Launch of Visa Destinations
• Positive Sentiment: Visa expanded Visa Cloud Connect with Thredd in Asia-Pacific, supporting faster card issuing for fintechs and digital banks and underscoring growing demand for Visa’s network infrastructure. Thredd Brings Visa Cloud Connect Live in Asia Pacific to Support Faster, More Reliable Issuing Across the Region
• Positive Sentiment: Visa announced a multi-year partnership with Evo to power a global gaming community through early 2028, adding another high-visibility use case for cross-border commerce and fan engagement. Evo and Visa Announce Multi-Year Partnership to Power a Global Game Community
• Neutral Sentiment: Analyst commentary continued to highlight Visa as a long-term favorite, but this is more supportive of the valuation backdrop than a direct near-term catalyst. Why Visa (V) is a Top Stock for the Long-Term

Insider Activity at Visa

In other news, CFO Chris Suh sold 10,639 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $324.81, for a total transaction of $3,455,653.59. Following the transaction, the chief financial officer directly owned 9,872 shares of the company’s stock, valued at approximately $3,206,524.32. The trade was a 51.87% decrease in their ownership of the stock. The transaction 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 company’s stock in a transaction on 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 completion of the transaction, the chief executive officer owned 15,174 shares of the company’s stock, valued at $5,161,284.36. This trade represents a 67.46% decrease in their ownership of the stock. 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. 0.12% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms have issued reports on V. Loop Capital initiated coverage on shares of Visa in a research note on Tuesday, March 31st. They set a “buy” rating and a $387.00 price target on the stock. Evercore set a $350.00 price objective on shares of Visa in a research report on Wednesday, April 29th. Bank of America initiated coverage on shares of Visa in a research note on Thursday, March 5th. They set a “buy” rating and a $410.00 price objective on the stock. Truist Financial set a $371.00 target price on shares of Visa and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Finally, Weiss Ratings cut shares of Visa from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, April 16th. Six equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Visa currently has an average rating of “Buy” and an average price target of $387.78.

Visa Stock Down 0.5%

Shares of NYSE:V opened at $330.42 on Friday. The stock has a 50-day simple moving average of $322.94 and a 200-day simple moving average of $324.21. The stock has a market capitalization of $592.70 billion, a P/E ratio of 28.78, a PEG ratio of 1.77 and a beta of 0.77. Visa Inc. has a 1 year low of $293.89 and a 1 year high of $359.66. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.09 and a current ratio of 1.09.

Visa (NYSE:V) last announced its quarterly earnings results on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.10 by $0.21. Visa had a return on equity of 65.00% and a net margin of 51.68%.The firm had revenue of $11.23 billion during the quarter, compared to the consensus estimate of $10.75 billion. During the same period in the prior year, the firm earned $2.76 EPS. The firm’s quarterly revenue was up 17.1% compared to the same quarter last year. Equities analysts forecast that Visa Inc. will post 13.09 earnings per share for the current year.

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

Visa Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were given a $0.67 dividend. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $2.68 annualized dividend and a yield of 0.8%. Visa’s dividend payout ratio (DPR) is 23.34%.

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.