Kapitalo Investimentos Ltda Buys 3,882 Shares of Visa Inc. $V

Key Points

• Kapitalo Investimentos increased its Visa stake by 362.8% in the second quarter, purchasing 3,882 additional shares and bringing its holdings to 4,952 shares valued at approximately $1.7 million.
• Visa reported quarterly earnings of $3.32 per share and revenue of $11.63 billion, surpassing analyst expectations; revenue rose 14.4% year over year. Analysts maintain a consensus “Buy” rating with an average price target of $414.54.
• Visa declared a quarterly dividend of $0.67 per share and authorized a $20 billion share-repurchase program, while CEO Ryan McInerney and General Counsel Julie Rottenberg sold shares under pre-arranged trading plans.

Kapitalo Investimentos Ltda lifted its stake in Visa Inc. (NYSE:V - Free Report) by 362.8% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,952 shares of the credit-card processor's stock after purchasing an additional 3,882 shares during the quarter. Kapitalo Investimentos Ltda's holdings in Visa were worth $1,699,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Parvin Asset Management LLC grew its stake in shares of Visa by 200.0% during the third quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor's stock valued at $26,000 after buying an additional 50 shares during the last quarter. Cresta Advisors Ltd. purchased a new position in Visa during the 4th quarter valued at $26,000. Virtus Advisers LLC purchased a new position in Visa during the 2nd quarter valued at $33,000. RHL Group LLC bought a new position in Visa in the 4th quarter valued at $34,000. Finally, Timmons Wealth Management LLC bought a new position in Visa in the 4th quarter valued at $34,000. Institutional investors own 82.15% of the company's stock.

Analyst Upgrades and Downgrades

V has been the subject of several research analyst reports. Morgan Stanley reiterated an "overweight" rating and set a $416.00 target price on shares of Visa in a research report on Wednesday, July 29th. BMO Capital Markets upped their price target on shares of Visa from $387.00 to $405.00 and gave the stock an "outperform" rating in a report on Wednesday, July 29th. Barclays started coverage on shares of Visa in a research note on Tuesday, July 7th. They issued an "overweight" rating and a $420.00 price target on the stock. Clear Str raised shares of Visa to a "strong-buy" rating in a research report on Thursday, July 16th. Finally, Truist Financial set a $406.00 target price on shares of Visa and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Seven equities research analysts have rated the stock with a Strong Buy rating and twenty-four have issued a Buy rating to the company. Based on data from MarketBeat.com, Visa presently has an average rating of "Buy" and an average target price of $414.54.

Visa Price Performance

V opened at $383.44 on Wednesday. The company has a market capitalization of $684.23 billion, a price-to-earnings ratio of 32.61, a PEG ratio of 2.05 and a beta of 0.74. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.60. Visa Inc. has a 12-month low of $293.89 and a 12-month high of $384.20. The business's fifty day simple moving average is $355.90 and its 200-day simple moving average is $330.36.

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 for the quarter, beating the consensus estimate of $3.23 by $0.09. Visa had a return on equity of 67.68% and a net margin of 50.78%.The firm had revenue of $11.63 billion during the quarter, compared to the consensus estimate of $11.40 billion. During the same period in the previous year, the company posted $2.98 earnings per share. The firm's quarterly revenue was up 14.4% on a year-over-year basis. On average, equities research analysts anticipate that Visa Inc. will post 13.16 earnings per share for the current fiscal year.

Visa Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be issued a $0.67 dividend. The ex-dividend date is Tuesday, August 11th. This represents a $2.68 annualized dividend and a dividend yield of 0.7%. Visa's payout ratio is currently 22.79%.

Visa declared that its board has initiated a stock repurchase plan on Tuesday, April 28th that authorizes the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization authorizes the credit-card processor to buy up to 3.6% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its shares are undervalued.

Key Headlines Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa and Mastercard reached fresh records as aggregate U.S. spending remained healthy, despite consumers becoming more selective. Strong payment volumes support Visa’s transaction growth and fee revenue. Visa and Mastercard shares hit fresh records, underscoring a resilient U.S. consumer
• Positive Sentiment: Visa launched a card-present acceptance offering with Bluefin, combining Visa’s global network with Bluefin’s payment-security infrastructure. The partnership could strengthen Visa’s enterprise merchant proposition and support future payment volumes. Visa and Bluefin Introduce Card-Present Acceptance Offering
• Positive Sentiment: European fintech provider payabl. expanded its relationship with Visa to offer Rapid Dispute Resolution tools to merchants in the UK and EU. Automatic dispute resolution may reduce chargebacks and improve merchant retention, reinforcing Visa’s value-added services. payabl. Teams Up with Visa to Help Merchants Quickly Resolve Disputes and Prevent Costly Chargebacks
• Positive Sentiment: Visa joined Singapore’s BLOOM initiative, which aims to connect traditional payment systems with stablecoin settlement networks. The move supports Visa’s positioning in emerging cross-border and digital-payment infrastructure. Visa Joins MAS-Led BLOOM Initiative
• Positive Sentiment: A financial disclosure showed purchases of Visa shares by accounts associated with President Donald Trump, generating additional market attention and perceived confidence in the company. Visa Stock Climbs After Trump Buys Millions in Stock
• Neutral Sentiment: CEO Ryan McInerney will speak at the Goldman Sachs Communacopia + Technology Conference on September 8. Investors may look for updates on spending trends, stablecoins and regulation, but no new guidance was announced. Visa to Participate in Upcoming Investor Conference
• Negative Sentiment: CEO Ryan McInerney sold 5,875 Visa shares worth approximately $2.16 million, reducing his direct ownership by 27.9%. Because the transaction occurred under a pre-arranged Rule 10b5-1 plan, the signal is limited, but insider selling could still attract some investor scrutiny.

Insider Transactions at Visa

In other news, General Counsel Julie B. Rottenberg sold 2,027 shares of the stock in a transaction that occurred on 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 approximately $6,625,440. This trade represents a 9.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ryan Mcinerney sold 5,875 shares of the business's stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $367.87, for a total transaction of $2,161,236.25. Following the completion of the transaction, the chief executive officer directly owned 15,174 shares of the company's stock, valued at $5,582,059.38. This trade represents a 27.91% decrease in their position. 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. In the last quarter, insiders sold 96,634 shares of company stock valued at $34,537,016. Company insiders own 0.12% of the company's stock.

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.

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