Wellspring Financial Advisors LLC Has $4.13 Million Stock Holdings in Visa Inc. $V

Wellspring Financial Advisors LLC boosted its position in Visa Inc. (NYSE:V) by 309.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,754 shares of the credit-card processor’s stock after buying an additional 8,885 shares during the period. Wellspring Financial Advisors LLC’s holdings in Visa were worth $4,128,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Invariant Investment Management purchased a new position in Visa in the fourth quarter valued at approximately $969,000. Vanguard Group Inc. lifted its stake in Visa by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 160,975,832 shares of the credit-card processor’s stock valued at $56,455,834,000 after purchasing an additional 1,054,343 shares during the last quarter. Swiss Life Asset Management Ltd lifted its stake in Visa by 4.7% in the third quarter. Swiss Life Asset Management Ltd now owns 527,530 shares of the credit-card processor’s stock valued at $180,088,000 after purchasing an additional 23,863 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in Visa by 2.1% in the third quarter. PNC Financial Services Group Inc. now owns 2,884,879 shares of the credit-card processor’s stock valued at $984,840,000 after purchasing an additional 60,198 shares during the last quarter. Finally, Savvy Advisors Inc. lifted its stake in Visa by 30.1% in the fourth quarter. Savvy Advisors Inc. now owns 28,922 shares of the credit-card processor’s stock valued at $10,143,000 after purchasing an additional 6,688 shares during the last quarter. 82.15% of the stock is owned by institutional investors.

Analysts Set New Price Targets

V has been the topic of several research analyst reports. Oppenheimer reiterated an “outperform” rating and issued a $403.00 price objective (up from $391.00) on shares of Visa in a research note on Wednesday, April 29th. Citigroup dropped their price objective on Visa from $450.00 to $400.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Morgan Stanley reiterated an “overweight” rating and issued a $415.00 price objective on shares of Visa in a research note on Wednesday, April 29th. Freedom Capital upgraded Visa from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 16th. Finally, Evercore set a $350.00 price objective on Visa in a research note on Wednesday, April 29th. Six equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $387.78.

Insider Buying and Selling at Visa

In other news, CEO Ryan Mcinerney sold 31,455 shares of the company’s stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $340.14, for a total value of $10,699,103.70. Following the transaction, the chief executive officer owned 15,174 shares of the company’s stock, valued at approximately $5,161,284.36. This represents a 67.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chris Suh sold 10,639 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $324.81, for a total transaction of $3,455,653.59. Following the completion of the transaction, the chief financial officer directly owned 9,872 shares in the company, valued at approximately $3,206,524.32. The trade was a 51.87% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.12% of the company’s stock.

More Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa announced a strategic partnership with OpenAI that embeds Visa’s payment network into ChatGPT, allowing AI agents to shop and complete transactions for users. Investors may view this as a potential new growth channel in “agentic commerce” and a way for Visa to stay central as payments shift toward AI-powered shopping. Visa plugs its payment network into ChatGPT, letting AI agents shop and pay for users
• Positive Sentiment: Visa also rolled out new AI, stablecoin, and tokenization tools aimed at making payments faster and more secure, which could strengthen its long-term platform and support broader digital-commerce adoption. Visa Launches AI and Stablecoin Tools to Power Agentic Commerce
• Positive Sentiment: A U.S. judge gave preliminary approval to Visa’s $38 billion swipe-fee settlement with merchants, reducing one major legal overhang and signaling that a long-running dispute over interchange fees may be nearing resolution. US judge OKs Visa, Mastercard $38 billion swipe fee settlement
• Neutral Sentiment: There were multiple follow-up reports on the OpenAI partnership and related AI-commerce plans, reinforcing the same growth theme but not adding much new information beyond the initial announcement. Visa to Secure Payments for Shoppers on ChatGPT in OpenAI Partnership
• Negative Sentiment: Visa’s CFO said the company is “hesitant” to lean too heavily into the stablecoin and agentic-commerce narrative in the short term, which may temper some of the enthusiasm around how quickly these new initiatives will move the needle financially. Visa’s CFO downplays the importance of stablecoin and agentic commerce to the U.S. payments giant—at least in the short term

Visa Trading Down 0.5%

NYSE:V opened at $323.31 on Thursday. The company has a market cap of $579.93 billion, a P/E ratio of 28.16, a P/E/G ratio of 1.74 and a beta of 0.77. The stock’s fifty day moving average price is $317.88 and its two-hundred day moving average price is $324.48. Visa Inc. has a 1 year low of $293.89 and a 1 year high of $375.51. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.09 and a quick ratio of 1.09.

Visa (NYSE:V) last posted its earnings results on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.21. The firm had revenue of $11.23 billion for the quarter, compared to the consensus estimate of $10.75 billion. Visa had a return on equity of 65.00% and a net margin of 51.68%.The business’s quarterly revenue was up 17.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.76 earnings per share. As a group, analysts expect that Visa Inc. will post 13.09 EPS for the current year.

Visa Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were given a dividend of $0.67 per share. The ex-dividend date was Tuesday, May 12th. This represents a $2.68 annualized dividend and a dividend yield of 0.8%. Visa’s dividend payout ratio is currently 23.34%.

Visa declared that its board has authorized a stock repurchase program on Tuesday, April 28th that permits the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization permits the credit-card processor to buy up to 3.6% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board believes its stock is undervalued.

About Visa

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.