Ashton Thomas Private Wealth LLC Acquires 3,035 Shares of Visa Inc. $V

Ashton Thomas Private Wealth LLC lifted its stake in shares of Visa Inc. (NYSE:V) by 5.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 60,308 shares of the credit-card processor’s stock after purchasing an additional 3,035 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Visa were worth $21,670,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Bank Pictet & Cie Europe AG raised its position in shares of Visa by 0.9% during the 3rd quarter. Bank Pictet & Cie Europe AG now owns 606,500 shares of the credit-card processor’s stock worth $217,934,000 after purchasing an additional 5,568 shares during the period. CFC Planning Co LLC grew its position in shares of Visa by 13.7% during the 3rd quarter. CFC Planning Co LLC now owns 13,305 shares of the credit-card processor’s stock worth $4,781,000 after purchasing an additional 1,607 shares in the last quarter. Vega Investment Solutions bought a new stake in Visa in the second quarter valued at approximately $829,000. Brooklands Fund Management Ltd bought a new stake in shares of Visa during the 3rd quarter worth $5,291,000. Finally, Beacon Financial Group raised its position 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 purchasing an additional 10,267 shares during the period. Institutional investors own 82.15% of the company’s stock.

Key Stories Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa reported record fourth-quarter and full-year results, with adjusted earnings up 17% year over year, and raised its dividend by 16%. Truist also raised its price target to $470 and maintained a Buy rating, signaling analyst confidence in further upside. Visa earnings and dividend report Truist price target report
• Positive Sentiment: Visa is building six technology hubs in Singapore focused on AI, cybersecurity, and next-generation payments. The investment could strengthen its capabilities and support future commerce growth. Singapore technology hubs
• Neutral Sentiment: Visa launched an AI-shopping benchmark, highlighting potential opportunities in agentic commerce while noting that many test runs failed—evidence the technology is still developing. AI shopping benchmark announcement
• Negative Sentiment: Analysts have flagged rising client incentives and Visa’s premium valuation as risks that could constrain the case for buying the stock despite strong results. Zacks analysis of incentives and valuation
• Negative Sentiment: Gnosis Pay, a crypto-card provider that uses Visa, disclosed exposure of customers’ payment and personal data. The report says customer funds were safe; the incident was at Gnosis Pay’s legacy system, not Visa’s own platform, though it may raise broader questions about payment security. Gnosis Pay breach report

Insider Activity at Visa

In related news, CEO Ryan Mcinerney sold 5,875 shares of the company’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $367.87, for a total transaction of $2,161,236.25. Following the completion of the transaction, the chief executive officer owned 15,174 shares in the company, valued at $5,582,059.38. This represents a 27.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie Rottenberg sold 2,028 shares of the company’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $381.35, for a total transaction 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. The trade was a 9.93% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 27,395 shares of company stock worth $10,406,050. Insiders own 0.12% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Loop Capital boosted their price target on shares of Visa from $387.00 to $404.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Cantor Fitzgerald restated an “overweight” rating and issued a $500.00 price target (up from $445.00) on shares of Visa in a research note on Wednesday, October 28th. JPMorgan Chase & Co. raised their price target on shares of Visa from $450.00 to $455.00 and gave the company an “overweight” rating in a report on Wednesday, October 28th. UBS Group reaffirmed a “buy” rating and issued a $420.00 price target (up from $410.00) on shares of Visa in a research note on Wednesday, July 29th. Finally, BMO Capital Markets set a $438.00 price objective on shares of Visa and gave the stock an “outperform” rating in a research report on Wednesday, October 28th. Two analysts have rated the stock with a Strong Buy rating and thirty-five have assigned a Buy rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $440.82.

Visa Stock Up 0.0%

Shares of V opened at $422.76 on Friday. The business’s fifty day moving average price is $385.86 and its two-hundred day moving average price is $344.69. Visa Inc. has a 52 week low of $293.89 and a 52 week high of $442.23. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.99 and a current ratio of 0.97. The firm has a market capitalization of $754.39 billion, a price-to-earnings ratio of 34.29, a PEG ratio of 1.81 and a beta of 0.80.

Visa (NYSE:V) last issued its quarterly earnings data on Tuesday, October 27th. The credit-card processor reported $3.48 EPS for the quarter, topping the consensus estimate of $3.44 by $0.04. The business had revenue of $12.14 billion during the quarter, compared to analyst estimates of $12.09 billion. Visa had a net margin of 51.20% and a return on equity of 70.50%. The company’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same period in the prior year, the business earned $2.98 EPS. On average, analysts predict that Visa Inc. will post 15.02 earnings per share for the current year.

Visa Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Tuesday, November 10th will be issued a dividend of $0.78 per share. This is a boost from Visa’s previous quarterly dividend of $0.67. This represents a $3.12 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Tuesday, November 10th. Visa’s payout ratio is 21.74%.

Visa Profile

Visa Inc operates a global payments network that connects consumers, merchants, financial institutions and governments. Its network supports the authorization, clearing and settlement of electronic payments, including transactions made in person and online.

The company’s services include payment processing, fraud prevention, identity and risk management, and money-transfer solutions such as Visa Direct. Visa-branded credit, debit and prepaid cards are issued by participating financial institutions; Visa generally provides the network and related services rather than issuing cards or extending credit directly to consumers.

Visa traces its roots to BankAmericard, a bank card program launched in California in 1958.