Robbins Farley lifted its holdings in Visa Inc. (NYSE:V – Free Report) by 11.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 18,277 shares of the credit-card processor’s stock after purchasing an additional 1,862 shares during the quarter. Visa accounts for approximately 2.4% of Robbins Farley’s investment portfolio, making the stock its 15th largest position. Robbins Farley’s holdings in Visa were worth $6,271,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Cresta Advisors Ltd. bought a new position in Visa during the fourth quarter valued at $26,000. Parvin Asset Management LLC increased its holdings in shares of Visa by 200.0% in the 3rd quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor’s stock worth $26,000 after buying an additional 50 shares during the last quarter. Philadelphia Investment Partners LLC bought a new stake in shares of Visa in the 2nd quarter worth about $29,000. Virtus Advisers LLC purchased a new stake in shares of Visa during the 2nd quarter valued at about $33,000. Finally, RHL Group LLC purchased a new stake in shares of Visa during the 4th quarter valued at about $34,000. Institutional investors own 82.15% of the company’s stock.
Key Visa News
Here are the key news stories impacting Visa this week:
- Positive Sentiment: Visa launched an enhanced version of A2A Protect, adding real-time risk insights and a unified fraud score that incorporates Featurespace technology. The offering is designed to help banks stop account-to-account fraud before funds leave customer accounts, potentially expanding Visa’s software and risk-management revenue opportunities. Visa launches enhanced A2A Protect
- Positive Sentiment: Handwave and Visa announced an integration allowing payment cards to be linked to palm biometrics. The technology could improve checkout convenience and security while supporting Visa’s efforts to grow tokenized and biometric payment transactions. Handwave and Visa palm biometrics integration
- Positive Sentiment: Analyst commentary continues to emphasize Visa’s durable payments-network moat and long-term growth potential. The stock has a consensus “Buy” rating and an average target price of $416.62, above its recent trading level. Why Visa is a top stock for the long term
- Neutral Sentiment: Advasa upgraded its Visa card to support USDC payments alongside fiat currency. The announcement highlights Visa’s role in stablecoin payments, although the direct financial impact appears limited because Advasa is a relatively small partner and regulatory risks remain. Advasa expands Visa card to support USDC
- Neutral Sentiment: Visa CEO Ryan McInerney sold 5,875 shares under a pre-arranged Rule 10b5-1 plan, while General Counsel Julie Rottenberg separately sold shares. The transactions may attract attention, but scheduled sales and continued insider ownership make them a limited signal of operating expectations. Visa CEO insider transaction
- Negative Sentiment: Visa has submitted roughly 6 million documents to the U.S. Department of Justice in an ongoing debit-card lawsuit. Discovery has been extended into 2027 and trial is expected in 2028, keeping potential regulatory remedies, legal costs and changes to debit practices as longer-term overhangs. Visa DOJ debit-card lawsuit
Visa Price Performance
Visa (NYSE:V – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share for the quarter, topping analysts’ consensus estimates of $3.23 by $0.09. The company had revenue of $11.63 billion for the quarter, compared to analyst estimates of $11.40 billion. Visa had a net margin of 50.78% and a return on equity of 67.68%. The firm’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same period in the prior year, the company posted $2.98 EPS. Equities research analysts anticipate that Visa Inc. will post 13.16 earnings per share for the current year.
Visa Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th were paid a dividend of $0.67 per share. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.7%. Visa’s dividend payout ratio is currently 22.79%.
Analysts Set New Price Targets
A number of research analysts recently commented on V shares. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $432.00 price target (up from $412.00) on shares of Visa in a report on Thursday, July 30th. BMO Capital Markets upped their price objective on Visa from $387.00 to $405.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $466.00 price objective (up from $412.00) on shares of Visa in a research note on Monday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $430.00 price objective on shares of Visa in a research note on Wednesday, July 29th. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $450.00 target price on shares of Visa in a research report on Tuesday, June 2nd. Seven analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $416.62.
Check Out Our Latest Analysis on V
Insider Transactions at Visa
In related news, insider Tullier Kelly Mahon sold 57,272 shares of the business’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $364.97, for a total transaction of $20,902,561.84. Following the completion of the transaction, the insider owned 49,662 shares in the company, valued at $18,125,140.14. The trade was a 53.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Julie B. Rottenberg sold 2,028 shares of the company’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $381.35, for a total value of $773,377.80. Following the completion of the transaction, the general counsel directly owned 18,404 shares in the company, valued at $7,018,365.40. This trade represents a 9.93% 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. Over the last three months, insiders have sold 104,537 shares of company stock worth $37,540,837. 0.12% of the stock is currently owned by company insiders.
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.
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