2,109 Shares of Visa Inc. $V Purchased by Leo Wealth LLC

Leo Wealth LLC bought a new position in shares of Visa Inc. (NYSE:V) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 2,109 shares of the credit-card processor’s stock, valued at approximately $758,000.

Other large investors also recently bought and sold shares of the company. Nixon Peabody Trust Co. raised its stake in shares of Visa by 58.1% during the 1st quarter. Nixon Peabody Trust Co. now owns 4,201 shares of the credit-card processor’s stock worth $1,270,000 after buying an additional 1,543 shares during the period. Bank Pictet & Cie Europe AG grew its stake in Visa by 0.9% in the 3rd quarter. Bank Pictet & Cie Europe AG now owns 606,500 shares of the credit-card processor’s stock valued at $217,934,000 after acquiring an additional 5,568 shares during the period. Vega Investment Solutions acquired a new stake in Visa in the 2nd quarter valued at $829,000. Beacon Financial Group increased its holdings in Visa by 83.9% in the 1st quarter. Beacon Financial Group now owns 22,501 shares of the credit-card processor’s stock worth $6,801,000 after acquiring an additional 10,267 shares in the last quarter. Finally, XXEC Inc. increased its holdings in Visa by 153,118.8% in the 2nd quarter. XXEC Inc. now owns 186,260,448 shares of the credit-card processor’s stock worth $63,904,097,000 after acquiring an additional 186,138,883 shares in the last quarter. Institutional investors and hedge funds own 82.15% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on V shares. Susquehanna set a $480.00 price objective on shares of Visa in a report on Monday. Rothschild & Co Redburn boosted their target price on shares of Visa from $430.00 to $444.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Citigroup restated a “buy” rating and set a $440.00 price target (up from $400.00) on shares of Visa in a research report on Wednesday, July 29th. Evercore raised their price target on shares of Visa from $350.00 to $370.00 in a research note on Wednesday, July 29th. Finally, UBS Group reiterated a “buy” rating and issued a $420.00 price objective (up from $410.00) on shares of Visa in a report on Wednesday, July 29th. Three equities research analysts have rated the stock with a Strong Buy rating and thirty-four have given a Buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $428.85.

Key Headlines Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Analysts expect fiscal Q4 earnings per share of $3.44 and revenue of $12.08 billion, up from $2.98 and $10.72 billion, respectively, a forecast that supports the prospect of another earnings beat. Visa Analyst Sees AI Agents Strengthening its Digital Payments Business
• Positive Sentiment: Susquehanna raised its price target to $480, citing the potential for AI-powered payment agents to strengthen Visa’s digital-payments business and expand transaction volumes. Visa Analyst Sees AI Agents Strengthening its Digital Payments Business
• Positive Sentiment: Etisalat Money is adding four international transfer capabilities through Visa Direct, expanding Visa’s cross-border payments reach and supporting its broader digital-payments growth strategy. Etisalat Money Adds Visa Direct Services for International Payments
• Positive Sentiment: Long-term investor interest remains supported by expanding digital-payment adoption and global transaction volumes, although Visa’s recent rally has occurred before new financial results. Visa, Mastercard, or American Express: Which Payment Stock Is the Better Buy?

Insider Activity

In related news, General Counsel Julie B. Rottenberg sold 1,867 shares of the business’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $368.34, for a total transaction of $687,690.78. Following the transaction, the general counsel directly owned 18,404 shares in the company, valued at approximately $6,778,929.36. The trade was a 9.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Tullier Mahon sold 57,272 shares of the company’s stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $364.97, for a total transaction of $20,902,561.84. Following the sale, the insider directly owned 49,662 shares of the company’s stock, valued at approximately $18,125,140.14. This represents a 53.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 78,792 shares of company stock worth $28,863,319 over the last three months. Insiders own 0.12% of the company’s stock.

Visa Stock Down 0.8%

NYSE V opened at $404.48 on Tuesday. The business has a fifty day moving average price of $377.09 and a 200 day moving average price of $340.89. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.99 and a current ratio of 0.99. The company has a market cap of $721.76 billion, a P/E ratio of 34.39, a P/E/G ratio of 1.92 and a beta of 0.77. Visa Inc. has a one year low of $293.89 and a one year high of $414.60.

Visa (NYSE:V) last announced its earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.23 by $0.09. Visa had a net margin of 50.78% and a return on equity of 67.68%. The company had revenue of $11.63 billion for the quarter, compared to analysts’ expectations of $11.40 billion. During the same quarter in the previous year, the company posted $2.98 EPS. The firm’s quarterly revenue was up 14.4% on a year-over-year basis. Research analysts anticipate that Visa Inc. will post 13.22 EPS for the current fiscal year.

About Visa

Visa Inc (NYSE: V) is a global payments technology company that facilitates electronic payments between consumers, businesses, financial institutions and governments. Through its VisaNet network, the company authorizes, clears and settles transactions made with Visa-branded credit, debit and prepaid cards, while generally not issuing cards, extending credit or setting cardholder account terms.

Visa provides payment products and services for consumer, commercial and government payments, as well as digital commerce and money movement.