Visa Inc. $V Shares Sold by Corient Private Wealth LP

Key Points

• Corient Private Wealth LP reduced its Visa stake by 2.7% in the second quarter, selling 45,398 shares and retaining 1.63 million shares worth approximately $558.9 million. Institutional investors and hedge funds collectively own 82.15% of Visa.
• Visa insiders sold 106,404 shares worth $38.2 million during the latest quarter, including substantial sales by CEO Ryan McInerney and insider Tullier Mahon under pre-arranged trading plans.
• Visa reported quarterly revenue growth of 14.4% and earnings of $3.32 per share, exceeding estimates. Analysts maintain a favorable outlook, with an average “Buy” rating and an average price target of $416.62 versus the stock’s reported price of $367.30.

Corient Private Wealth LP lowered its stake in Visa Inc. (NYSE:V - Free Report) by 2.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,629,145 shares of the credit-card processor's stock after selling 45,398 shares during the period. Visa comprises 0.8% of Corient Private Wealth LP's investment portfolio, making the stock its 20th biggest position. Corient Private Wealth LP owned approximately 0.09% of Visa worth $558,945,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. HORAN Wealth LLC raised its holdings in Visa by 3.2% in the second quarter. HORAN Wealth LLC now owns 12,365 shares of the credit-card processor's stock valued at $4,242,000 after acquiring an additional 388 shares in the last quarter. Amundi grew its holdings in Visa by 16.5% during the 2nd quarter. Amundi now owns 7,714,919 shares of the credit-card processor's stock worth $2,646,911,000 after acquiring an additional 1,092,315 shares in the last quarter. Brown Financial Advisors grew its holdings in Visa by 2.1% during the 2nd quarter. Brown Financial Advisors now owns 6,325 shares of the credit-card processor's stock worth $2,170,000 after acquiring an additional 131 shares in the last quarter. HighTower Advisors LLC grew its holdings in Visa by 7.2% during the 2nd quarter. HighTower Advisors LLC now owns 1,483,966 shares of the credit-card processor's stock worth $509,134,000 after acquiring an additional 100,276 shares in the last quarter. Finally, Blacksheep Fund Management Ltd increased its position in shares of Visa by 85.2% in the 2nd quarter. Blacksheep Fund Management Ltd now owns 186,550 shares of the credit-card processor's stock valued at $64,003,000 after purchasing an additional 85,840 shares during the last quarter. Institutional investors and hedge funds own 82.15% of the company's stock.

Insiders Place Their Bets

In other Visa news, CEO Ryan Mcinerney sold 20,970 shares of the company's stock in a transaction on Monday, June 29th. The shares were sold at an average price of $340.25, for a total transaction of $7,135,042.50. Following the completion of the transaction, the chief executive officer owned 15,174 shares in the company, valued at approximately $5,162,953.50. This represents a 58.02% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Tullier Mahon sold 57,272 shares of the firm's stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $364.97, for a total transaction of $20,902,561.84. Following the completion of the sale, the insider owned 49,662 shares of the company's stock, valued at $18,125,140.14. This trade represents a 53.56% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 106,404 shares of company stock worth $38,228,528. 0.12% of the stock is owned by insiders.

Key Headlines Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Stablecoin and blockchain expansion: Visa is reportedly committing up to $2.5 billion to put card-settlement financing onchain, using settlement data and smart contracts to help fintechs access working capital. Visa also has more than 160 stablecoin-linked card programs and is testing stablecoin settlement through Visa Direct, potentially creating new transaction and financing revenue streams. Visa’s $2.5 billion crypto credit bet puts card settlement financing onchain
• Positive Sentiment: AI-agent payments initiative: Visa, Mastercard and Ant International are developing a “Know Your Agent” interoperability framework to standardize identification and onboarding for AI agents conducting transactions. If adopted, the framework could help Visa capture future agentic-commerce volume and reinforce its role in payment authentication. Payment firms Visa, Mastercard and Ant International team up on AI agent trust framework
• Positive Sentiment: International growth opportunities: Visa partnered with the World Bank’s IFC on a risk-sharing initiative intended to expand digital payments in emerging markets. Its partnership with India’s PhonePe also adds cardless payment capabilities for Indian consumers and merchants, supporting cross-border volume growth. Visa and World Bank Group Announce New Risk-Sharing Initiative
• Neutral Sentiment: Execution and valuation remain important: Visa’s recent quarterly results showed 14.4% revenue growth and earnings above expectations, but the stock trades at roughly 29 times adjusted trailing earnings. Investors are weighing its strong margins and growth prospects against a premium valuation and questions about future margin performance. Is Visa Stock Expensive, Or Just Waiting On Its Margin?
• Negative Sentiment: Near-term pressure and trust concerns: Visa’s stock moved lower with financial shares in the broader market selloff. In addition, Visa’s research found that only 23% of U.S. consumers trust generative AI to handle payments, highlighting a significant adoption hurdle for agentic commerce. General Counsel Julie Rottenberg also sold shares under a pre-arranged Rule 10b5-1 plan; while routine insider selling is not necessarily bearish, it adds a modest sentiment headwind. What's Going On With Visa Stock Thursday?

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on V. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $466.00 price objective (up from $412.00) on shares of Visa in a research report on Monday, August 31st. Piper Sandler reissued an "overweight" rating and issued a $430.00 target price (up from $394.00) on shares of Visa in a report on Wednesday, July 29th. Sanford C. Bernstein restated an "outperform" rating and issued a $450.00 price target on shares of Visa in a research note on Tuesday, June 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $430.00 price target on shares of Visa in a report on Wednesday, July 29th. Finally, Morgan Stanley reaffirmed an "overweight" rating and set a $416.00 price objective on shares of Visa in a research report on Wednesday, July 29th. Seven analysts have rated the stock with a Strong Buy rating and twenty-four have issued a Buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $416.62.

Visa Price Performance

Shares of NYSE V opened at $367.30 on Friday. The stock has a 50 day moving average of $365.25 and a two-hundred day moving average of $334.80. Visa Inc. has a twelve month low of $293.89 and a twelve month high of $385.57. The stock has a market cap of $655.42 billion, a P/E ratio of 31.23, a P/E/G ratio of 1.97 and a beta of 0.76. 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 (NYSE:V - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share for the quarter, topping 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 firm had revenue of $11.63 billion during the quarter, compared to analysts' expectations of $11.40 billion. During the same quarter in the prior year, the business earned $2.98 EPS. Visa's quarterly revenue was up 14.4% compared to the same quarter last year. On average, research analysts forecast that Visa Inc. will post 13.16 earnings per share for the current year.

Visa Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were issued a dividend of $0.67 per share. 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 currently 22.79%.

Visa Company Profile

Visa Inc is a global payments technology company that operates one of the world's largest electronic payment networks. The company connects consumers, businesses, financial institutions and governments, enabling transactions through credit, debit, prepaid and commercial payment products. Visa generally does not issue cards, extend credit or set consumer interest rates; instead, it provides the network, technology and services that support payments.

Visa's products and services include Visa-branded cards, digital payment solutions, tokenization, fraud prevention, risk management, data analytics and payment acceptance tools.

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