Visa Inc. $V Stock Sold by Provident Investment Management Inc.

Provident Investment Management Inc. lowered its stake in Visa Inc. (NYSE:V) by 7.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 211,356 shares of the credit-card processor’s stock after selling 17,747 shares during the quarter. Visa makes up 7.6% of Provident Investment Management Inc.’s investment portfolio, making the stock its largest position. Provident Investment Management Inc.’s holdings in Visa were worth $75,946,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Guardian Investment Management grew its position in shares of Visa by 8.1% during the 3rd quarter. Guardian Investment Management now owns 1,290 shares of the credit-card processor’s stock valued at $464,000 after purchasing an additional 97 shares in the last quarter. Radnor Capital Management LLC raised its position in shares of Visa by 2.6% in the third quarter. Radnor Capital Management LLC now owns 12,141 shares of the credit-card processor’s stock worth $4,363,000 after buying an additional 312 shares in the last quarter. Invested Advisors raised its position in shares of Visa by 2.7% in the third quarter. Invested Advisors now owns 1,908 shares of the credit-card processor’s stock worth $686,000 after buying an additional 51 shares in the last quarter. Bernardo Wealth Planning LLC raised its position in shares of Visa by 125.7% in the third quarter. Bernardo Wealth Planning LLC now owns 2,668 shares of the credit-card processor’s stock worth $959,000 after buying an additional 1,486 shares in the last quarter. Finally, Norris Perne & French LLP MI boosted its stake in Visa by 157.5% during the third quarter. Norris Perne & French LLP MI now owns 143,546 shares of the credit-card processor’s stock valued at $51,580,000 after buying an additional 87,794 shares during the period. Hedge funds and other institutional investors own 82.15% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Barclays began coverage on Visa in a research note on Tuesday, July 7th. They set an “overweight” rating and a $420.00 price objective for the company. Cantor Fitzgerald set a $445.00 target price on Visa and gave the stock an “overweight” rating in a research note on Monday, August 3rd. Wells Fargo & Company restated an “overweight” rating and issued a $432.00 target price (up from $412.00) on shares of Visa in a research note on Thursday, July 30th. Loop Capital raised their price target on Visa from $387.00 to $404.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $425.00 price target on shares of Visa in a research report on Thursday, October 15th. Three analysts have rated the stock with a Strong Buy rating and thirty-four have assigned a Buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $427.24.

Visa Price Performance

Shares of NYSE:V opened at $408.02 on Monday. The company’s fifty day moving average price is $377.30 and its 200-day moving average price is $350.38. The firm has a market capitalization of $728.08 billion, a price-to-earnings ratio of 34.70, a PEG 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. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.99 and a quick ratio of 0.99.

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

Visa Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were given a $0.67 dividend. The ex-dividend date was Tuesday, August 11th. This represents a $2.68 annualized dividend and a yield of 0.7%. Visa’s payout ratio is 22.79%.

Insider Buying and Selling

In other Visa news, General Counsel Julie B. Rottenberg sold 2,028 shares of Visa stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $381.35, for a total transaction of $773,377.80. Following the completion of the sale, the general counsel owned 18,404 shares of the company’s stock, valued at $7,018,365.40. The trade was a 9.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at 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 company’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 transaction, the insider owned 49,662 shares of the company’s stock, valued at $18,125,140.14. The trade was a 53.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 78,792 shares of company stock worth $28,863,319. Corporate insiders own 0.12% of the company’s stock.

Key Headlines Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Tokenization may support revenue growth. UBS said Visa and Mastercard could generate additional revenue as digital transactions expand and merchants adopt tokenized payments to improve security and reduce fraud. Tokenization could contribute low-single-digit percentage growth to total revenue and a somewhat larger contribution to value-added services. UBS tokenization revenue article
• Positive Sentiment: Visa is building new growth channels in commercial payments. The company introduced tools using AI agents, virtual-card security and fraud prevention for business payments. Visa is also participating in cross-border stablecoin and tokenized-bank-deposit initiatives involving Singapore, Malaysia and Thailand. These efforts could expand payment volume and Visa’s technology-related services over time. Visa AI and stablecoin technology article
• Positive Sentiment: Analyst estimates edged higher. Erste Group raised its fiscal 2027 EPS forecast for Visa to $15.04 from $15.01 and maintained a Buy rating, reinforcing confidence in the company’s earnings outlook. Visa analyst estimates
• Neutral Sentiment: Reports of a Fireblocks acquisition were denied. Fireblocks said rumors that Visa was pursuing a roughly $2.5 billion acquisition were not true, removing speculation about a potentially significant crypto expansion or acquisition cost. Fireblocks acquisition report
• Negative Sentiment: Payment stocks faced sector-wide pressure. Visa and Mastercard slipped alongside American Express after investors questioned the quality and sustainability of American Express’s quarterly revenue and tax-related results. The reaction suggests investors may be demanding stronger evidence of durable growth ahead of Visa’s earnings report. Payment stocks sector pressure article
• Negative Sentiment: Valuation and execution risks remain. With Visa trading at a premium earnings multiple and approaching its 52-week high, investors may be taking profits while awaiting confirmation that AI, stablecoins and tokenization will materially accelerate revenue. Visa’s reported workforce reductions also highlight potential restructuring and automation-related uncertainty.

Visa Profile

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.