Visa Inc. $V Shares Sold by Smith Chas P & Associates PA Cpas

Smith Chas P & Associates PA Cpas cut its holdings in Visa Inc. (NYSE:V) by 0.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 153,292 shares of the credit-card processor’s stock after selling 1,431 shares during the period. Visa comprises about 2.6% of Smith Chas P & Associates PA Cpas’ holdings, making the stock its 13th largest position. Smith Chas P & Associates PA Cpas’ holdings in Visa were worth $52,593,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in V. Talon Private Wealth LLC raised its position in Visa by 100.7% during the second quarter. Talon Private Wealth LLC now owns 14,479 shares of the credit-card processor’s stock worth $4,968,000 after acquiring an additional 7,265 shares during the last quarter. Marathon Wealth Advisors LLC grew its position in shares of Visa by 1.3% in the second quarter. Marathon Wealth Advisors LLC now owns 18,744 shares of the credit-card processor’s stock valued at $6,431,000 after purchasing an additional 239 shares during the last quarter. U S Wealth Group LLC. increased its stake in shares of Visa by 18.7% during the 2nd quarter. U S Wealth Group LLC. now owns 8,866 shares of the credit-card processor’s stock worth $3,042,000 after purchasing an additional 1,399 shares in the last quarter. Junto Capital Management LP purchased a new position in shares of Visa during the 2nd quarter worth approximately $158,480,000. Finally, Bouchey Financial Group Ltd. increased its stake in shares of Visa by 15.5% during the 2nd quarter. Bouchey Financial Group Ltd. now owns 2,434 shares of the credit-card processor’s stock worth $835,000 after purchasing an additional 327 shares in the last quarter. 82.15% of the stock is owned by institutional investors and hedge funds.

More Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Blockchain lending opportunity: Visa plans to combine VisaNet settlement data with onchain lending infrastructure, enabling stablecoin-linked card programs and fintechs to obtain working capital more efficiently. Visa reportedly supports more than 160 stablecoin-linked card programs, expanding the potential market for settlement financing and related data services. Visa offers data to back onchain lending
• Positive Sentiment: Stablecoin card adoption: MoneyGram launched a virtual stablecoin-backed Visa card in Colombia, allowing customers to spend dollar-linked balances at Visa merchants and access local cash. A planned physical card and additional markets could provide incremental payment volume for Visa. MoneyGram launches Visa stablecoin card
• Positive Sentiment: Positioning for AI-agent commerce: Visa, Mastercard and Ant International are developing a “Know Your Agent” framework to standardize the identification and onboarding of AI agents making purchases. Common verification standards could reduce friction and help Visa capture transaction volume from autonomous commerce. Payment firms team up on AI agent trust framework
• Neutral Sentiment: Growth versus valuation: Visa’s latest quarterly results showed revenue growth of 14.4% and earnings above analyst expectations, supporting the company’s strong fundamental profile. However, the stock trades at a premium earnings multiple, leaving investors focused on whether future growth and margins can justify the valuation. Is Visa stock expensive or waiting on its margin?
• Negative Sentiment: Execution and sentiment risks: Consumer trust remains a hurdle for AI-powered payments, while competing identity standards could complicate merchant adoption. General Counsel Julie Rottenberg also sold shares through a pre-arranged Rule 10b5-1 plan; the transaction is not necessarily bearish but adds a modest insider-selling headwind. Visa insider trading activity

Visa Trading Up 1.0%

V traded up $3.58 during trading on Friday, hitting $370.79. The company’s stock had a trading volume of 3,492,677 shares, compared to its average volume of 7,704,778. The firm’s 50 day moving average price is $365.25 and its 200-day moving average price is $334.80. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.99 and a quick ratio of 0.99. The stock has a market cap of $661.65 billion, a PE ratio of 31.53, a PEG ratio of 1.97 and a beta of 0.76. Visa Inc. has a twelve month low of $293.89 and a twelve month high of $385.57.

Visa (NYSE:V) last issued its quarterly earnings results 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. Visa had a return on equity of 67.68% and a net margin of 50.78%.The company had revenue of $11.63 billion for the quarter, compared to analyst estimates of $11.40 billion. During the same quarter in the prior year, the company posted $2.98 EPS. The business’s revenue for the quarter was up 14.4% compared to the same quarter last year. On average, analysts expect 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. Investors of record on Tuesday, August 11th were given a dividend of $0.67 per share. The ex-dividend date was Tuesday, August 11th. This represents a $2.68 annualized dividend and a yield of 0.7%. Visa’s dividend payout ratio is 22.79%.

Insider Buying and Selling

In other Visa news, General Counsel Julie Rottenberg sold 2,028 shares of the firm’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $381.35, for a total value of $773,377.80. Following the sale, the general counsel directly owned 18,404 shares of the company’s stock, valued at approximately $7,018,365.40. This trade represents a 9.93% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Tullier Mahon sold 57,272 shares of the firm’s stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $364.97, for a total value of $20,902,561.84. Following the completion of the sale, the insider directly owned 49,662 shares in the company, valued at approximately $18,125,140.14. The trade was a 53.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 106,404 shares of company stock worth $38,228,528. 0.12% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

V has been the topic of a number of recent research reports. Robert W. Baird upped their target price on Visa from $412.00 to $420.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Raymond James Financial reissued an “outperform” rating and set a $406.00 price target on shares of Visa in a research report on Wednesday, July 29th. Wells Fargo & Company reissued 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. Sanford C. Bernstein restated an “outperform” rating and issued a $450.00 price objective on shares of Visa in a research report on Tuesday, June 2nd. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $416.00 price objective on shares of Visa in a research note on Wednesday, July 29th. Seven investment analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $416.62.

Visa Company Profile

Visa Inc is a global payments technology company that operates one of the world’s largest electronic payment networks. The company connects consumers, businesses, financial institutions and governments, enabling transactions through credit, debit, prepaid and commercial payment products. Visa generally does not issue cards, extend credit or set consumer interest rates; instead, it provides the network, technology and services that support payments.

Visa’s products and services include Visa-branded cards, digital payment solutions, tokenization, fraud prevention, risk management, data analytics and payment acceptance tools.