13,803 Visa Inc. $V Shares Sold by Sterling Capital Management LLC

Key Points

• Sterling Capital Management cut its Visa stake by 10.6%, selling 13,803 shares and retaining 116,874 shares valued at approximately $42 million. Institutional investors collectively own 82.15% of Visa.
• Wall Street remains bullish on Visa: the stock has a consensus “Buy” rating and an average price target of $427.24, supported by recent target increases from several research firms.
• Visa reported quarterly EPS of $3.32 and revenue of $11.63 billion, beating estimates, while revenue grew 14.4% year over year. However, company insiders sold 78,792 shares worth $28.9 million over the past 90 days.

Sterling Capital Management LLC lessened its holdings in shares of Visa Inc. (NYSE:V - Free Report) by 10.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 116,874 shares of the credit-card processor's stock after selling 13,803 shares during the period. Visa accounts for 0.8% of Sterling Capital Management LLC's holdings, making the stock its 23rd biggest holding. Sterling Capital Management LLC's holdings in Visa were worth $41,996,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of V. Concorde Asset Management LLC increased its holdings in Visa by 4.0% in the second quarter. Concorde Asset Management LLC now owns 728 shares of the credit-card processor's stock valued at $250,000 after purchasing an additional 28 shares during the period. Ellis Investment Partners LLC raised its position in Visa by 2.1% during the 3rd quarter. Ellis Investment Partners LLC now owns 1,363 shares of the credit-card processor's stock worth $490,000 after purchasing an additional 28 shares during the last quarter. Legacy Financial Group Inc. lifted its holdings in Visa by 3.8% during the 3rd quarter. Legacy Financial Group Inc. now owns 769 shares of the credit-card processor's stock worth $276,000 after buying an additional 28 shares during the period. Kennebec Savings Bank lifted its holdings in Visa by 0.7% during the 3rd quarter. Kennebec Savings Bank now owns 4,323 shares of the credit-card processor's stock worth $1,553,000 after buying an additional 28 shares during the period. Finally, G&S Capital LLC lifted its holdings in Visa by 4.0% during the 2nd quarter. G&S Capital LLC now owns 761 shares of the credit-card processor's stock worth $261,000 after buying an additional 29 shares during the period. Institutional investors own 82.15% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have commented on V. Wolfe Research reiterated an "outperform" rating and issued a $460.00 price target (up from $435.00) on shares of Visa in a research report on Tuesday, August 25th. Evercore raised their price objective on Visa from $350.00 to $370.00 in a research report on Wednesday, July 29th. Argus lifted their price objective on Visa from $396.00 to $420.00 and gave the stock a "buy" rating in a research note on Friday, July 31st. Barclays initiated coverage on Visa in a report on Tuesday, July 7th. They issued an "overweight" rating and a $420.00 target price on the stock. Finally, Erste Group Bank raised shares of Visa from a "hold" rating to a "buy" rating in a research report on Monday, July 27th. Three investment analysts have rated the stock with a Strong Buy rating and thirty-four have issued a Buy rating to the company's stock. According to MarketBeat, Visa has a consensus rating of "Buy" and an average target price of $427.24.

Insider Activity

In related news, General Counsel Julie B. Rottenberg sold 2,028 shares of the company's 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 sale, the general counsel owned 18,404 shares in the company, valued at $7,018,365.40. This represents a 9.93% decrease in their position. The sale was disclosed in a document filed 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, CEO Ryan Mcinerney sold 5,875 shares of the firm's stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $358.81, for a total value of $2,108,008.75. Following the sale, the chief executive officer directly owned 15,174 shares of the company's stock, valued at $5,444,582.94. This represents a 27.91% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 78,792 shares of company stock valued at $28,863,319 in the last ninety days. 0.12% of the stock is owned by company insiders.

Visa News Summary

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 Price Performance

Shares of NYSE V opened at $408.02 on Friday. The company has a market capitalization of $728.08 billion, a PE ratio of 34.70, a P/E/G ratio of 1.92 and a beta of 0.77. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.60. Visa Inc. has a twelve month low of $293.89 and a twelve month high of $414.60. The firm has a fifty day simple moving average of $377.30 and a 200 day simple moving average of $350.05.

Visa (NYSE:V - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 EPS for the quarter, beating analysts' consensus estimates of $3.23 by $0.09. Visa had a net margin of 50.78% and a return on equity of 67.68%. The business had revenue of $11.63 billion for the quarter, compared to analysts' expectations of $11.40 billion. During the same quarter in the prior year, the firm posted $2.98 earnings per share. The business's quarterly revenue was up 14.4% compared to the same quarter last year. On average, sell-side analysts forecast that Visa Inc. will post 13.22 EPS for the current year.

Visa Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th were given a $0.67 dividend. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $2.68 annualized dividend and a dividend yield of 0.7%. Visa's dividend payout ratio (DPR) is 22.79%.

About Visa

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.

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