Parallel Advisors LLC grew its stake in shares of Visa Inc. (NYSE:V – Free Report) by 5.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 85,825 shares of the credit-card processor’s stock after buying an additional 4,090 shares during the quarter. Parallel Advisors LLC’s holdings in Visa were worth $30,839,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently modified their holdings of V. Flagship Wealth Advisors LLC grew its stake in shares of Visa by 2.4% in the third quarter. Flagship Wealth Advisors LLC now owns 1,740 shares of the credit-card processor’s stock worth $625,000 after purchasing an additional 40 shares during the last quarter. United Advisor Group LLC raised its holdings in shares of Visa by 14.2% during the third quarter. United Advisor Group LLC now owns 10,441 shares of the credit-card processor’s stock valued at $3,752,000 after acquiring an additional 1,298 shares in the last quarter. Plancorp LLC boosted its holdings in Visa by 14.2% in the third quarter. Plancorp LLC now owns 5,620 shares of the credit-card processor’s stock valued at $2,019,000 after acquiring an additional 698 shares in the last quarter. May Hill Capital LLC increased its position in Visa by 8.9% during the 3rd quarter. May Hill Capital LLC now owns 3,896 shares of the credit-card processor’s stock valued at $1,400,000 after purchasing an additional 318 shares during the period. Finally, Ashton Thomas Private Wealth LLC raised its holdings in Visa by 5.3% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 60,308 shares of the credit-card processor’s stock worth $21,670,000 after purchasing an additional 3,035 shares in the last quarter. Institutional investors own 82.15% of the company’s stock.
Insider Transactions at Visa
In related news, CEO Ryan Mcinerney sold 5,875 shares of the firm’s stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $416.22, for a total transaction of $2,445,292.50. Following the completion of the sale, the chief executive officer owned 15,174 shares of the company’s stock, valued at $6,315,722.28. This trade 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 at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie B. Rottenberg sold 1,867 shares of the company’s stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $368.34, for a total value of $687,690.78. Following the completion of the transaction, the general counsel directly owned 18,404 shares in the company, valued at $6,778,929.36. This trade represents a 9.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 27,395 shares of company stock valued at $10,406,050. 0.12% of the stock is owned by company insiders.
More Visa News
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
Analysts Set New Price Targets
V has been the topic of a number of research reports. Oppenheimer lifted their target price on shares of Visa from $403.00 to $440.00 and gave the company an “outperform” rating in a research note on Wednesday, October 28th. UBS Group reiterated a “buy” rating and set a $420.00 target price (up from $410.00) on shares of Visa in a report on Wednesday, July 29th. Morgan Stanley restated an “overweight” rating and issued a $471.00 target price (up from $416.00) on shares of Visa in a research note on Wednesday, October 28th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $430.00 price target on shares of Visa in a research note on Wednesday, July 29th. Finally, Truist Financial raised their price objective on Visa from $443.00 to $470.00 and gave the company a “buy” rating in a research report on Thursday. Two research analysts have rated the stock with a Strong Buy rating and thirty-five have assigned a Buy rating to the company. Based on data from MarketBeat.com, Visa currently has an average rating of “Buy” and an average price target of $440.82.
Read Our Latest Research Report on V
Visa Stock Up 0.0%
Shares of Visa stock traded up $0.17 during midday trading on Friday, hitting $422.76. The company had a trading volume of 9,219,148 shares, compared to its average volume of 6,437,748. 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 stock has a market capitalization of $754.39 billion, a P/E ratio of 34.29, a P/E/G ratio of 1.81 and a beta of 0.80. The company has a 50 day moving average of $385.86 and a 200 day moving average of $344.69.
Visa (NYSE:V – Get Free Report) last released its earnings results 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. Visa had a return on equity of 70.50% and a net margin of 51.20%. The business had revenue of $12.14 billion for the quarter, compared to the consensus estimate of $12.09 billion. During the same period in the previous year, the company posted $2.98 earnings per share. The company’s revenue for the quarter was up 13.2% compared to the same quarter last year. On average, equities analysts predict that Visa Inc. will post 15.02 earnings per share for the current fiscal year.
Visa Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Tuesday, November 10th will be given a dividend of $0.78 per share. This is a positive change from Visa’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $3.12 annualized dividend and a yield of 0.7%. Visa’s payout ratio is currently 21.74%.
About Visa
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.
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