4,636 Visa Inc. $V Shares Sold by Inscription Capital LLC

Key Points

• Inscription Capital cut its Visa stake by 32.2%, selling 4,636 shares in the third quarter. It retained 9,774 shares, valued at about $3.51 million.
• Visa reported quarterly earnings of $3.48 per share, beating analyst estimates of $3.44, while revenue rose 13.2% year over year to $12.14 billion.
• Visa raised its quarterly dividend from $0.67 to $0.78 per share, equivalent to an annualized dividend of $3.12 and a 0.7% yield.

Inscription Capital LLC lowered its holdings in Visa Inc. (NYSE:V - Free Report) by 32.2% in the third quarter, according to the company in its most recent disclosure with the SEC. 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 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in V. Bank Pictet & Cie Europe AG boosted its holdings 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 buying an additional 5,568 shares in the last quarter. CFC Planning Co LLC increased its holdings in Visa by 13.7% in the third quarter. CFC Planning Co LLC now owns 13,305 shares of the credit-card processor's stock valued at $4,781,000 after buying an additional 1,607 shares in the last quarter. Vega Investment Solutions purchased a new position in Visa in the second quarter valued at about $829,000. Brooklands Fund Management Ltd purchased a new position in Visa in the third quarter valued at about $5,291,000. Finally, Beacon Financial Group lifted its position 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 valued at $6,801,000 after acquiring an additional 10,267 shares during the period. 82.15% of the stock is currently owned by hedge funds and other institutional investors.

Visa Price Performance

Shares of NYSE V opened at $422.35 on Friday. The company has a current ratio of 0.97, a quick ratio of 0.99 and a debt-to-equity ratio of 0.54. The company's 50-day moving average price is $384.99 and its 200 day moving average price is $344.21. Visa Inc. has a 52 week low of $293.89 and a 52 week high of $442.23. The stock has a market cap of $753.65 billion, a price-to-earnings ratio of 34.25, a PEG ratio of 1.86 and a beta of 0.80.

Visa (NYSE:V - Get Free Report) last announced its earnings results on Tuesday, October 27th. The credit-card processor reported $3.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.44 by $0.04. The company had revenue of $12.14 billion during the quarter, compared to analysts' expectations of $12.09 billion. Visa had a net margin of 51.20% and a return on equity of 70.50%. The firm's quarterly revenue was up 13.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.98 earnings per share. As a group, research analysts forecast that Visa Inc. will post 15.02 earnings per share for the current fiscal year.

Visa Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Tuesday, November 10th will be given a $0.78 dividend. 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 is Tuesday, November 10th. Visa's dividend payout ratio (DPR) is currently 21.74%.

Insider Activity at Visa

In other 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 transaction, the chief executive officer directly owned 15,174 shares of the company's stock, valued at $6,315,722.28. This trade represents a 27.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie Rottenberg sold 1,867 shares of the firm's stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $368.34, for a total transaction of $687,690.78. Following the transaction, the general counsel directly owned 18,404 shares of the company's stock, valued at approximately $6,778,929.36. This trade represents a 9.21% 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. Insiders sold 27,395 shares of company stock worth $10,406,050 over the last quarter. Company insiders own 0.12% of the company's stock.

Key Headlines 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 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

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Rothschild & Co Redburn lifted their price target on shares of Visa from $430.00 to $444.00 and gave the company a "buy" rating in a research report on Thursday, July 30th. Clear Str upgraded Visa to a "strong-buy" rating in a report on Thursday, July 16th. Susquehanna set a $480.00 price objective on Visa and gave the company a "positive" rating in a research note on Monday, October 26th. Barclays lifted their price objective on Visa from $420.00 to $440.00 and gave the stock an "overweight" rating in a report on Wednesday, October 28th. Finally, Piper Sandler reiterated an "overweight" rating and set a $479.00 target price (up from $430.00) on shares of Visa in a research report on Wednesday, October 28th. Two equities research analysts have rated the stock with a Strong Buy rating and thirty-five have given a Buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Buy" and an average target price 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.

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