7,214 Shares in Visa Inc. $V Purchased by Talon Private Wealth LLC

Key Points

• Talon Private Wealth LLC acquired 7,214 Visa shares worth approximately $2.18 million in the first quarter. Institutional investors collectively own 82.15% of Visa.
• Visa reported fiscal third-quarter revenue of $11.63 billion and adjusted EPS of $3.32, beating analyst expectations, while payment volume, cross-border volume and processed transactions posted double-digit growth.
• Analysts maintain a broadly bullish outlook, with Visa rated “Buy” and a consensus price target of $400.74, but investors face margin concerns and execution risks from planned cuts of roughly 2,600 jobs.

Talon Private Wealth LLC acquired a new stake in shares of Visa Inc. (NYSE:V - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 7,214 shares of the credit-card processor's stock, valued at approximately $2,180,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in V. Vanguard Group Inc. boosted its stake in shares of Visa by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 160,975,832 shares of the credit-card processor's stock worth $56,455,834,000 after buying an additional 1,054,343 shares during the last quarter. State Street Corp grew its holdings in shares of Visa by 0.8% in the fourth quarter. State Street Corp now owns 82,798,151 shares of the credit-card processor's stock worth $29,038,140,000 after acquiring an additional 626,821 shares during the period. Geode Capital Management LLC increased its position in Visa by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 44,042,586 shares of the credit-card processor's stock valued at $15,411,395,000 after acquiring an additional 388,996 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in Visa by 1.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 41,092,294 shares of the credit-card processor's stock valued at $14,411,480,000 after acquiring an additional 716,218 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in Visa by 1.7% in the fourth quarter. Bank of America Corp DE now owns 23,835,336 shares of the credit-card processor's stock valued at $8,359,291,000 after acquiring an additional 398,459 shares during the period. Institutional investors own 82.15% of the company's stock.

More Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Quarterly results exceeded expectations. Visa reported fiscal Q3 revenue of $11.63 billion, up 14.4% year over year and ahead of the roughly $11.40 billion consensus estimate. Adjusted EPS was $3.32, compared with expectations of $3.23 and $2.98 a year earlier. The company also reported $5.63 billion in profit. Visa Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: Spending and transaction growth remained resilient. Double-digit growth in payments volume, cross-border volume and processed transactions indicates continued strength in consumer and business spending, supporting Visa’s core payments outlook. Visa Expands Money Movement as Card Spending Accelerates
• Positive Sentiment: New growth initiatives could expand Visa’s addressable market. Visa highlighted investments in stablecoin settlement, tokenized deposits, wallet infrastructure, commercial payments and money movement. Its participation in the OpenStandard consortium and plans to support OpenUSD could create longer-term opportunities beyond traditional card transactions. Visa Outlines Stablecoin Strategy
• Neutral Sentiment: X Money provides a potential incremental payments channel. Elon Musk’s X launched a broader banking and payments product using Visa-branded debit cards and Cross River Bank’s infrastructure. The partnership may increase card volumes, but its financial contribution to Visa is not yet clear. X Money Launches With Visa Debit Card
• Negative Sentiment: Margin concerns limited the market’s reaction. Despite the earnings beat, investors focused on profitability and expense trends, leading to weakness in extended trading. Visa’s planned restructuring also introduces execution and severance-cost risks.
• Negative Sentiment: Workforce reductions underscore a significant transition. Visa plans to eliminate approximately 2,600 positions, or 7% of its workforce, primarily in technology and product operations, as it uses AI to improve efficiency and redirect investment toward stablecoins, B2B payments and other growth areas. While potentially positive for costs, the cuts may raise concerns about disruption and future innovation. Visa Workforce Reduction

Insiders Place Their Bets

In other news, CFO Chris Suh sold 10,639 shares of Visa stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $324.81, for a total value of $3,455,653.59. Following the completion of the transaction, the chief financial officer 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ryan Mcinerney sold 10,490 shares of the stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $343.99, for a total value of $3,608,455.10. Following the sale, the chief executive officer owned 15,174 shares in the company, valued at $5,219,704.26. The trade was a 40.87% 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 44,126 shares of company stock valued at $14,928,871 over the last ninety days. 0.12% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on V shares. Morgan Stanley reissued an "overweight" rating and issued a $415.00 price objective on shares of Visa in a report on Wednesday, April 29th. UBS Group increased their price target on shares of Visa from $390.00 to $410.00 and gave the stock a "buy" rating in a research report on Wednesday, April 29th. Weiss Ratings upgraded shares of Visa from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, July 6th. Cantor Fitzgerald reiterated an "overweight" rating and set a $400.00 price target on shares of Visa in a research note on Wednesday, April 29th. Finally, Piper Sandler started coverage on shares of Visa in a research report on Monday, June 29th. They set an "overweight" rating and a $394.00 price objective for the company. Eight investment analysts have rated the stock with a Strong Buy rating and twenty have given a Buy rating to the company. Based on data from MarketBeat.com, Visa presently has an average rating of "Buy" and a consensus price target of $400.74.

Visa Stock Performance

V opened at $366.49 on Wednesday. The stock has a market capitalization of $657.40 billion, a price-to-earnings ratio of 31.92, a PEG ratio of 1.93 and a beta of 0.75. The company has a fifty day moving average of $338.90 and a 200 day moving average of $325.25. Visa Inc. has a fifty-two week low of $293.89 and a fifty-two week high of $371.16. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.09 and a current ratio of 1.09.

Visa (NYSE:V - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.23 by $0.09. The business had revenue of $11.63 billion for the quarter, compared to the consensus estimate of $11.40 billion. Visa had a return on equity of 65.00% and a net margin of 51.68%.The company's revenue was up 14.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.98 EPS. As a group, sell-side analysts forecast that Visa Inc. will post 13.12 earnings per share for the current fiscal year.

Visa announced that its board has approved a stock repurchase plan on Tuesday, April 28th that allows the company to repurchase $20.00 billion in shares. This repurchase authorization allows the credit-card processor to buy up to 3.6% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.

Visa Company Profile

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.

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