Visa Inc. $V Stock Holdings Reduced by Bessemer Group Inc.

Key Points

• Bessemer Group trimmed its Visa stake by 7% in the fourth quarter, selling 221,471 shares and leaving it with 2.94 million shares worth about $1.03 billion. Visa remains Bessemer’s 9th-largest holding.
• Insider selling has been notable, with CFO Chris Suh selling 10,639 shares and director Lloyd Carney selling 650 shares; insiders sold 42,744 shares total over the last 90 days.
• Visa reported strong quarterly results, beating earnings and revenue estimates with EPS of $3.31 and revenue of $11.23 billion, while also authorizing a $20 billion share repurchase plan and declaring a quarterly dividend of $0.67 per share.

Bessemer Group Inc. lowered its stake in shares of Visa Inc. (NYSE:V - Free Report) by 7.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,943,636 shares of the credit-card processor's stock after selling 221,471 shares during the period. Visa comprises 1.6% of Bessemer Group Inc.'s portfolio, making the stock its 9th largest holding. Bessemer Group Inc. owned 0.16% of Visa worth $1,032,363,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Clayton Financial Group LLC boosted its holdings in Visa by 446.2% during the fourth quarter. Clayton Financial Group LLC now owns 71 shares of the credit-card processor's stock worth $25,000 after buying an additional 58 shares in the last quarter. PayPay Securities Corp boosted its holdings in Visa by 102.7% during the fourth quarter. PayPay Securities Corp now owns 75 shares of the credit-card processor's stock worth $26,000 after buying an additional 38 shares in the last quarter. Cresta Advisors Ltd. purchased a new stake in Visa during the fourth quarter worth about $26,000. Parvin Asset Management LLC lifted its holdings in shares of Visa by 200.0% in the third quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor's stock valued at $26,000 after purchasing an additional 50 shares in the last quarter. Finally, Dorato Capital Management purchased a new stake in shares of Visa in the fourth quarter valued at about $30,000. Hedge funds and other institutional investors own 82.15% of the company's stock.

Insider Activity

In other news, CFO Chris Suh sold 10,639 shares of the business's stock in a transaction that occurred on Tuesday, May 12th. The shares were 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 of the company's stock, valued at $3,206,524.32. The trade was a 51.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Lloyd Carney sold 650 shares of the business's stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $309.62, for a total transaction of $201,253.00. Following the completion of the transaction, the director directly owned 2,679 shares of the company's stock, valued at approximately $829,471.98. This represents a 19.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 42,744 shares of company stock valued at $14,356,010 over the last 90 days. Insiders own 0.12% of the company's stock.

Visa Stock Performance

NYSE:V opened at $322.11 on Friday. The firm has a 50 day simple moving average of $311.10 and a 200-day simple moving average of $325.89. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.09 and a quick ratio of 1.09. The firm has a market cap of $577.80 billion, a PE ratio of 28.06, a P/E/G ratio of 1.71 and a beta of 0.78. Visa Inc. has a 1-year low of $293.89 and a 1-year high of $375.51.

Visa (NYSE:V - Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share for the quarter, beating analysts' consensus estimates of $3.10 by $0.21. The business had revenue of $11.23 billion during the quarter, compared to analyst estimates of $10.75 billion. Visa had a net margin of 51.68% and a return on equity of 65.00%. The company's revenue was up 17.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.76 earnings per share. On average, equities analysts expect that Visa Inc. will post 13.09 EPS for the current year.

Visa declared that its board has authorized a share repurchase plan on Tuesday, April 28th that permits the company to repurchase $20.00 billion in shares. This repurchase authorization permits the credit-card processor to reacquire up to 3.6% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board of directors believes its stock is undervalued.

Visa Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th will be given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, May 12th. Visa's payout ratio is currently 23.34%.

More Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa expanded its Flexible Credential offering in the U.K. with Zilch and Thredd, letting consumers choose among multiple payment options through one card. That supports Visa’s push into more flexible, digital-first payment experiences and could increase network usage. Visa Flexible Credential Brings More Flexible Ways to Pay to Zilch Cardholders in the UK
• Positive Sentiment: Recent commentary highlighted contactless payments, BNPL adoption, and cross-border growth as favorable long-term trends for payment processors like Visa, reinforcing the bullish industry backdrop. 5 Financial Transaction Stocks to Watch Amid Digital Advancements
• Positive Sentiment: Another report pointed to record U.S. consumer spending as a supportive backdrop for fintech and card networks, which can lift Visa’s transaction volumes and fee revenue. U.S. Consumer Spending Tops $21.86T: 5 Fintech Stocks Under $75
• Positive Sentiment: Visa also teamed with FPT AI Factory and InFlow on an agent-native commerce platform, expanding its role in AI-driven commerce and autonomous payments. FPT AI Factory Partners with InFlow and Visa Intelligent Commerce to Launch an Agent-Native Commerce Platform
• Neutral Sentiment: Visa received additional attention for launching tap-based identity verification with Fidelity Bank Bahamas, a product innovation that supports its payments ecosystem but is not likely to move earnings immediately. Visa launches tap-based identity verification with Fidelity Bank Bahamas
• Negative Sentiment: Visa CFO Chris Suh sold 10,639 shares, cutting his direct stake by more than half. Insider selling can weigh on sentiment even if it does not change the company’s fundamentals. SEC Form 4 filing

Wall Street Analyst Weigh In

V has been the topic of several recent research reports. Oppenheimer reaffirmed an "outperform" rating and issued a $403.00 price target (up from $391.00) on shares of Visa in a report on Wednesday, April 29th. Weiss Ratings downgraded shares of Visa from a "buy (b-)" rating to a "hold (c+)" rating in a report on Thursday, April 16th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $395.00 price target on shares of Visa in a report on Friday, January 30th. BMO Capital Markets initiated coverage on shares of Visa in a report on Tuesday, April 21st. They issued an "outperform" rating and a $365.00 price target on the stock. Finally, Piper Sandler set a $160.00 price target on shares of Visa in a report on Wednesday, January 28th. Six research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $387.67.

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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