Inscription Capital LLC Sells 4,636 Shares of Visa Inc. $V

Inscription Capital LLC reduced its position in shares of Visa Inc. (NYSE:V) by 32.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 9,774 shares of the credit-card processor’s stock after selling 4,636 shares during the quarter. Inscription Capital LLC’s holdings in Visa were worth $3,512,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Bank Pictet & Cie Europe AG boosted its position in Visa by 0.9% during the third quarter. Bank Pictet & Cie Europe AG now owns 606,500 shares of the credit-card processor’s stock worth $217,934,000 after acquiring an additional 5,568 shares during the last quarter. CFC Planning Co LLC grew its stake in Visa by 13.7% in the 3rd quarter. CFC Planning Co LLC now owns 13,305 shares of the credit-card processor’s stock worth $4,781,000 after acquiring an additional 1,607 shares during the period. Vega Investment Solutions acquired a new position in Visa in the 2nd quarter valued at $829,000. Brooklands Fund Management Ltd acquired a new position in Visa in the 3rd quarter valued at $5,291,000. Finally, Beacon Financial Group lifted its stake in shares of Visa by 83.9% during 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. 82.15% of the stock is owned by institutional investors and hedge funds.

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 quarterly dividend by more than 16% to $0.78. The results and higher payout signal continued business growth and management confidence. Article: Visa Reports Record Earnings and Dividend Hike
• Positive Sentiment: Truist raised its price target to $470 and maintained a Buy rating, adding to positive analyst sentiment. Article: Truist Raises Visa Price Target
• Positive Sentiment: Visa announced six technology hubs in Singapore focused on areas including AI, cybersecurity and next-generation payments, and its Featurespace fraud tools were adopted across Verifone gateways. These initiatives could strengthen Visa’s technology offering and create growth opportunities. Article: Visa Establishes Global Capability Hubs in Singapore Article: Verifone Adds Visa-Powered Fraud Screening
• Neutral Sentiment: Visa launched a benchmark for AI shopping tools; nearly half of test runs failed. The project positions Visa in emerging commerce technology, though the results also highlight that AI shopping remains challenging. Article: Visa Releases AI Shopping Benchmark
• Negative Sentiment: U.S. stocks fell sharply in a broad market downturn, likely adding pressure to Visa shares. Separately, commentary flagged rising client incentives and a premium valuation as risks after the stock’s recent run-up. Article: Hard Day on Wall Street Article: Visa’s Solid Q4 Masks Rising Incentives
• Negative Sentiment: Visa’s CEO sold shares under a pre-arranged trading plan. The planned nature of the sale makes it a less definitive signal, but insider selling may add to near-term investor caution. Article: Visa Insider Trades

Insiders Place Their Bets

In other news, CEO Ryan Mcinerney sold 5,875 shares of the business’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $367.87, for a total transaction of $2,161,236.25. Following the completion of the sale, the chief executive officer directly owned 15,174 shares of the company’s stock, valued at $5,582,059.38. The trade was a 27.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie Rottenberg sold 2,028 shares of the business’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $381.35, for a total transaction of $773,377.80. Following the sale, the general counsel directly owned 18,404 shares of the company’s stock, valued at $7,018,365.40. This represents a 9.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 27,395 shares of company stock worth $10,406,050. 0.12% of the stock is owned by company insiders.

Visa Price Performance

V opened at $422.35 on Friday. Visa Inc. has a 1 year low of $293.89 and a 1 year high of $442.23. The company’s 50 day simple moving average is $384.99 and its 200 day simple moving average is $344.21. The stock has a market capitalization of $753.65 billion, a PE ratio of 34.25, a P/E/G ratio of 1.86 and a beta of 0.80. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.99 and a current ratio of 0.97.

Visa (NYSE:V) last issued its quarterly 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 net margin of 51.20% and a return on equity of 70.50%. The firm had revenue of $12.14 billion during the quarter, compared to analyst estimates of $12.09 billion. During the same quarter in the prior year, the business posted $2.98 earnings per share. Visa’s revenue for the quarter was up 13.2% compared to the same quarter last year. As a group, sell-side analysts expect that Visa Inc. will post 15.02 EPS for the current year.

Visa Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Tuesday, November 10th will be issued a $0.78 dividend. This is a boost from Visa’s previous quarterly dividend of $0.67. The ex-dividend date is Tuesday, November 10th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 0.7%. Visa’s dividend payout ratio (DPR) is 21.74%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on V shares. Susquehanna set a $480.00 price target on Visa and gave the stock a “positive” rating in a research note on Monday, October 26th. Clear Str raised Visa to a “strong-buy” rating in a research report on Thursday, July 16th. BMO Capital Markets set a $438.00 price objective on Visa and gave the company an “outperform” rating in a research report on Wednesday, October 28th. KeyCorp upped their target price on Visa from $415.00 to $425.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Finally, Wolfe Research reiterated an “outperform” rating and set a $460.00 target price (up from $435.00) on shares of Visa in a research report on Tuesday, August 25th. Two investment analysts have rated the stock with a Strong Buy rating and thirty-five have assigned a Buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $440.82.

Visa Company 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.