Bridges Investment Management Inc. Sells 2,242 Shares of Visa Inc. $V

Bridges Investment Management Inc. reduced its position in shares of Visa Inc. (NYSE:VFree Report) by 0.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 417,930 shares of the credit-card processor’s stock after selling 2,242 shares during the quarter. Visa makes up about 1.8% of Bridges Investment Management Inc.’s holdings, making the stock its 14th biggest holding. Bridges Investment Management Inc.’s holdings in Visa were worth $142,673,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Harbor Asset Planning Inc. purchased a new position in shares of Visa during the second quarter valued at about $29,000. Sagard Holdings Management Inc. bought a new stake in shares of Visa in the 2nd quarter worth approximately $31,000. Bare Financial Services Inc boosted its holdings in Visa by 287.0% in the second quarter. Bare Financial Services Inc now owns 89 shares of the credit-card processor’s stock worth $32,000 after acquiring an additional 66 shares in the last quarter. Hoese & Co LLP bought a new position in Visa in the 2nd quarter worth about $36,000. Finally, Winnow Wealth LLC purchased a new position in Visa in the second quarter worth about $40,000. Institutional investors own 82.15% of the company’s stock.

Insider Buying and Selling

In related news, CEO Ryan Mcinerney sold 10,485 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $349.18, for a total transaction of $3,661,152.30. Following the completion of the transaction, the chief executive officer owned 9,401 shares in the company, valued at $3,282,641.18. The trade was a 52.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Paul D. Fabara sold 2,172 shares of the business’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $325.93, for a total transaction of $707,919.96. Following the sale, the insider directly owned 26,413 shares of the company’s stock, valued at $8,608,789.09. This represents a 7.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 13,557 shares of company stock valued at $4,671,904. Insiders own 0.12% of the company’s stock.

Visa Trading Down 3.0%

V opened at $321.91 on Monday. The firm has a market cap of $586.44 billion, a P/E ratio of 30.20, a P/E/G ratio of 1.89 and a beta of 0.79. The company has a current ratio of 1.11, a quick ratio of 1.08 and a debt-to-equity ratio of 0.51. The stock has a 50-day moving average of $338.74 and a 200 day moving average of $341.50. Visa Inc. has a 12 month low of $299.00 and a 12 month high of $375.51.

Visa (NYSE:VGet Free Report) last released its earnings results on Thursday, January 29th. The credit-card processor reported $3.17 earnings per share for the quarter, beating the consensus estimate of $3.14 by $0.03. Visa had a return on equity of 61.74% and a net margin of 50.23%.The firm had revenue of $10.90 billion for the quarter, compared to the consensus estimate of $10.69 billion. During the same quarter in the previous year, the company posted $2.75 EPS. The company’s revenue for the quarter was up 14.6% compared to the same quarter last year. As a group, research analysts forecast that Visa Inc. will post 11.3 EPS for the current year.

Visa Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Tuesday, February 10th will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Tuesday, February 10th. Visa’s payout ratio is 25.14%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on V shares. Cantor Fitzgerald upgraded Visa to a “strong-buy” rating in a research note on Tuesday, January 27th. Piper Sandler set a $160.00 price objective on shares of Visa in a report on Wednesday. Citigroup upgraded Visa to a “strong-buy” rating in a research report on Thursday, October 23rd. KeyCorp reaffirmed an “overweight” rating and set a $405.00 price target on shares of Visa in a report on Wednesday, October 22nd. Finally, Hsbc Global Res upgraded Visa from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 8th. Six analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $392.92.

Get Our Latest Report on Visa

More Visa News

Here are the key news stories impacting Visa this week:

  • Positive Sentiment: Q1 results beat consensus: Visa reported $3.17 EPS vs. $3.14 expected and revenue of $10.90B (vs. $10.69B est.), driven by higher payment and cross?border volumes and strong holiday spending — a clear near?term revenue/earnings tailwind. Visa Beats Q1 Earnings
  • Positive Sentiment: Multiple analyst upgrades/price?target raises: Macquarie reaffirmed an outperform and set a $410 PT, RBC reaffirmed outperform with a $395 PT, William Blair reiterated a Buy, and other shops (Rothschild/ Cantor Fitzgerald) issued upgrades — fresh analyst support that implies material upside vs. the current price. Analyst Coverage and Price Targets
  • Positive Sentiment: Strategic growth initiatives: Visa is pushing into stablecoin settlement and digital?dollar networks to capture settlement fees and expand beyond card rails, and management highlighted growth in credentials and agentic commerce — initiatives that could open new fee pools over time. Visa Crypto Strategy
  • Neutral Sentiment: Dividend declared: Visa announced a quarterly dividend of $0.67/share (ex?div Feb 10, payable Mar 2), reinforcing the company’s shareholder cash?return policy but with a modest ~0.8% yield that is unlikely to be a major near?term catalyst.
  • Neutral Sentiment: Investor materials and commentary: Company slide deck and earnings call emphasized holiday spending strength, credentials momentum and long?term strategy (agentic commerce, B2B/P2P flows) — useful for conviction but more medium?term than immediate. Earnings Slide Deck
  • Negative Sentiment: Operational headwinds: coverage noted a slight processing?volume miss and higher operating costs that offset some gains from transaction volume — a factor that can temper margins and investor enthusiasm despite the headline beat. Processing Miss and Costs

Visa Profile

(Free Report)

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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Institutional Ownership by Quarter for Visa (NYSE:V)

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