Burney Co. Sells 16,444 Shares of Visa Inc. $V

Key Points

• Burney Co. cut its Visa stake by 45.8% in the first quarter, selling 16,444 shares and leaving it with 19,480 shares valued at about $5.89 million.
• Visa reported strong quarterly results, with EPS of $3.31 versus the $3.10 consensus and revenue of $11.23 billion, up 17.1% year over year.
• The company’s board also authorized a $20 billion share buyback, while analysts remain largely bullish with a consensus Buy rating and an average price target of $397.39.

Burney Co. lessened its position in Visa Inc. (NYSE:V - Free Report) by 45.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,480 shares of the credit-card processor's stock after selling 16,444 shares during the period. Burney Co.'s holdings in Visa were worth $5,888,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of V. Brighton Jones LLC grew its holdings in shares of Visa by 50.1% in the 4th quarter. Brighton Jones LLC now owns 20,635 shares of the credit-card processor's stock valued at $6,522,000 after buying an additional 6,883 shares during the period. Revolve Wealth Partners LLC raised its stake in Visa by 68.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 11,811 shares of the credit-card processor's stock worth $3,733,000 after buying an additional 4,817 shares during the period. Nicholas Hoffman & Company LLC. lifted its holdings in Visa by 4.6% during the first quarter. Nicholas Hoffman & Company LLC. now owns 10,941 shares of the credit-card processor's stock worth $3,834,000 after acquiring an additional 477 shares in the last quarter. Matrix Asset Advisors Inc. NY grew its stake in Visa by 16.9% in the second quarter. Matrix Asset Advisors Inc. NY now owns 1,133 shares of the credit-card processor's stock valued at $402,000 after acquiring an additional 164 shares during the period. Finally, Schnieders Capital Management LLC. increased its holdings in shares of Visa by 13.8% in the second quarter. Schnieders Capital Management LLC. now owns 18,367 shares of the credit-card processor's stock worth $6,521,000 after acquiring an additional 2,230 shares in the last quarter. 82.15% of the stock is currently owned by institutional investors and hedge funds.

Visa Stock Down 1.4%

V stock opened at $352.21 on Wednesday. The company has a market cap of $631.79 billion, a price-to-earnings ratio of 30.68, a P/E/G ratio of 1.91 and a beta of 0.75. Visa Inc. has a twelve month low of $293.89 and a twelve month high of $365.02. The business has a 50 day moving average price of $328.99 and a two-hundred day moving average price of $324.88. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.64.

Visa (NYSE:V - Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.10 by $0.21. Visa had a return on equity of 65.00% and a net margin of 51.68%.The company had revenue of $11.23 billion for the quarter, compared to analysts' expectations of $10.75 billion. During the same quarter in the prior year, the business posted $2.76 EPS. The business's revenue was up 17.1% compared to the same quarter last year. Analysts anticipate that Visa Inc. will post 13.1 EPS for the current fiscal year.

Visa announced that its board has initiated a share buyback 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 repurchase up to 3.6% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's leadership believes its stock is undervalued.

Visa Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were paid a $0.67 dividend. The ex-dividend date was Tuesday, May 12th. This represents a $2.68 dividend on an annualized basis and a yield of 0.8%. Visa's dividend payout ratio (DPR) is currently 23.34%.

Insider Activity

In other news, General Counsel Julie B. Rottenberg sold 2,027 shares of the business's stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $360.00, for a total transaction of $729,720.00. Following the transaction, the general counsel directly owned 18,404 shares in the company, valued at $6,625,440. The trade was a 9.92% decrease in their position. The transaction was disclosed in a document filed 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, CEO Ryan Mcinerney sold 31,455 shares of the company's stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $340.14, for a total transaction of $10,699,103.70. Following the completion of the sale, the chief executive officer directly owned 15,174 shares in the company, valued at approximately $5,161,284.36. The trade was a 67.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 75,581 shares of company stock valued at $25,627,975 in 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’s own stablecoin analytics showed record June transaction volume of $1.79 trillion, reinforcing its role in digital payments infrastructure and suggesting continued growth in on-chain payment activity. Stablecoin transaction volume hits record $1.79T in June
• Positive Sentiment: Juniper Research projected network tokenised transactions will surge to 2.4 trillion between 2026 and 2030, supporting Visa’s tokenization and fraud-prevention offerings. Network Tokenisation to Secure 2.4 Trillion Global Transactions Between 2026 and 2030
• Positive Sentiment: Multiple bullish commentary pieces highlighted Visa as a top long-term stock and said it may be poised to beat earnings estimates again, which supports investor sentiment ahead of the next earnings report. Why Visa (V) is Poised to Beat Earnings Estimates Again Why Visa (V) is a Top Stock for the Long-Term
• Neutral Sentiment: Visa said it will report fiscal third-quarter 2026 results on July 28, which is a routine earnings-date announcement but could set up the next major catalyst for the stock. Visa to Announce Fiscal Third Quarter 2026 Financial Results on July 28, 2026
• Neutral Sentiment: Several articles compared Visa with Mastercard or Coinbase and framed the company as a durable payments leader, but these were mostly opinion pieces rather than new business updates. Mastercard (MA) Gets the Edge Over Visa (V) Despite Stablecoin Concerns Visa vs Coinbase: Two Different Economic Playbooks But One Winner
• Negative Sentiment: Visa’s General Counsel Julie B. Rottenberg sold 2,027 shares under a pre-arranged trading plan, which can slightly pressure sentiment even though it was disclosed and not necessarily a bearish signal. SEC Form 4 filing

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Oppenheimer reaffirmed an "outperform" rating and set a $403.00 price target (up from $391.00) on shares of Visa in a research report on Wednesday, April 29th. UBS Group increased their target price on Visa from $390.00 to $410.00 and gave the stock a "buy" rating in a research note on Wednesday, April 29th. Raymond James Financial restated an "outperform" rating and set a $389.00 target price on shares of Visa in a report on Wednesday, April 29th. Robert W. Baird set a $412.00 price target on shares of Visa and gave the company an "outperform" rating in a research note on Monday. Finally, Barclays started coverage on shares of Visa in a report on Tuesday. They issued an "overweight" rating for the company. Six equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Buy" and an average target price of $397.39.

Visa 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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