Visa Inc. $V Shares Sold by Fred Alger Management LLC

Key Points

• Fred Alger Management LLC cut its Visa stake by 38.4% in Q3, selling 293,293 shares and ending the period with 470,826 shares valued at about $160.7 million (Visa is ~0.6% of its portfolio and its 27th largest holding).
• Visa is expanding its business footprint—running agentic‑commerce pilots with Santander in five Latin American markets, broadening its stablecoin card program to 100+ countries, and rolling out travel and cross‑border payment product extensions to capture additional transaction volume.
• Recent insider sales include Director Lloyd Carney (650 shares) and CEO Ryan McInerney (10,485 shares, a ~52.7% reduction in his holdings); institutional investors still own roughly 82.15% of Visa while insiders hold about 0.12%.

Fred Alger Management LLC lessened its stake in shares of Visa Inc. (NYSE:V - Free Report) by 38.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 470,826 shares of the credit-card processor's stock after selling 293,293 shares during the quarter. Visa makes up approximately 0.6% of Fred Alger Management LLC's holdings, making the stock its 27th largest holding. Fred Alger Management LLC's holdings in Visa were worth $160,731,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Insight Wealth Strategies LLC boosted its stake in shares of Visa by 1.6% during the 3rd quarter. Insight Wealth Strategies LLC now owns 1,875 shares of the credit-card processor's stock worth $640,000 after purchasing an additional 29 shares during the last quarter. Old Port Advisors raised its position in shares of Visa by 0.9% in the third quarter. Old Port Advisors now owns 3,423 shares of the credit-card processor's stock valued at $1,169,000 after buying an additional 29 shares during the last quarter. Carr Financial Group Corp lifted its stake in shares of Visa by 2.4% during the third quarter. Carr Financial Group Corp now owns 1,290 shares of the credit-card processor's stock valued at $440,000 after buying an additional 30 shares during the period. Define Financial LLC lifted its stake in shares of Visa by 4.0% during the third quarter. Define Financial LLC now owns 779 shares of the credit-card processor's stock valued at $266,000 after buying an additional 30 shares during the period. Finally, Patron Partners LLC boosted its position in Visa by 0.6% during the third quarter. Patron Partners LLC now owns 4,648 shares of the credit-card processor's stock worth $1,587,000 after acquiring an additional 30 shares during the last quarter. Institutional investors and hedge funds own 82.15% of the company's stock.

Key Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa completed agentic‑commerce pilots with Santander across five Latin American markets using Visa Intelligent Commerce (VIC), demonstrating a pathway to capture delegated shopping/commerce volume in high‑growth LatAm markets. Santander and Visa Launch LatAm Agentic Payments Project
• Positive Sentiment: Visa expanded its stablecoin card program (Bridge/Stripe partnership) and broadened global issuance to 100+ countries, positioning Visa to keep crypto‑native payment flows on its rails and capture new transaction volume. Visa's Stablecoin Play Intensifies: Can it Future‑Proof Its Network?
• Positive Sentiment: Product extensions for travel and cross‑border payments (virtual travel card with Trip.com; Citcon integration for faster push payouts) broaden Visa’s addressable share of recovering international travel spend and merchant payout flows. Visa Expands Travel And Cross Border Payment Uses
• Neutral Sentiment: Wall Street pieces and forum transcripts (analyst comparisons vs. Mastercard and Wolfe Research presentation) are drawing attention to valuation and competitive positioning; these shape sentiment but don’t introduce new fundamental catalysts. Is It Worth Investing in Visa (V) Based on Wall Street's Bullish Views?
• Negative Sentiment: Macro/consumer risk: reports show consumer borrowing growth slowed in January and many cardholders hit credit limits — a trend that could cap transaction volumes and fee income if consumer credit stress persists. After A Holiday Surge, Consumer Borrowing Slowed In January
• Negative Sentiment: An outside director disclosed a sale of 650 shares (modest size relative to Visa’s market cap), a signal some investors monitor for insider conviction even though the economic impact is limited. SEC Form 4 — Lloyd Carney sale

Wall Street Analyst Weigh In

V has been the subject of several recent analyst reports. Morgan Stanley reaffirmed an "overweight" rating and issued a $411.00 target price (up from $398.00) on shares of Visa in a research note on Friday, January 30th. Macquarie Infrastructure reissued an "outperform" rating and set a $410.00 price target on shares of Visa in a research note on Friday, January 30th. Evercore set a $380.00 price objective on Visa in a report on Friday, December 12th. TD Cowen reaffirmed a "buy" rating on shares of Visa in a research report on Friday, January 30th. Finally, Cantor Fitzgerald upgraded Visa to a "strong-buy" rating in a research note on Tuesday, January 27th. Seven investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $392.65.

Insiders Place Their Bets

In other Visa news, Director Lloyd Carney sold 650 shares of the company's stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $309.62, for a total transaction of $201,253.00. Following the completion of the sale, the director directly owned 2,679 shares in the company, valued at $829,471.98. This represents a 19.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Ryan Mcinerney sold 10,485 shares of the firm's stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $349.18, for a total value of $3,661,152.30. Following the completion of the transaction, the chief executive officer owned 9,401 shares in the company, valued at approximately $3,282,641.18. This trade represents a 52.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.12% of the stock is currently owned by company insiders.

Visa Stock Performance

Shares of V stock opened at $307.15 on Monday. Visa Inc. has a one year low of $299.00 and a one year high of $375.51. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.11 and a current ratio of 1.11. The company has a 50 day moving average price of $325.50 and a 200 day moving average price of $335.91. The firm has a market capitalization of $557.53 billion, a price-to-earnings ratio of 28.81, a price-to-earnings-growth ratio of 1.76 and a beta of 0.78.

Visa (NYSE:V - Get Free Report) last announced its quarterly earnings results on Thursday, January 29th. The credit-card processor reported $3.17 earnings per share for the quarter, beating analysts' consensus estimates of $3.14 by $0.03. Visa had a net margin of 50.23% and a return on equity of 61.74%. The company had revenue of $10.90 billion for the quarter, compared to analyst estimates of $10.69 billion. During the same quarter last year, the business earned $2.75 EPS. Visa's revenue for the quarter was up 14.6% on a year-over-year basis. Sell-side analysts anticipate that Visa Inc. will post 11.3 EPS for the current year.

Visa Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Tuesday, February 10th were issued a $0.67 dividend. The ex-dividend date was Tuesday, February 10th. This represents a $2.68 dividend on an annualized basis and a yield of 0.9%. Visa's dividend payout ratio (DPR) is presently 25.14%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.