Representative Josh Gottheimer (D-New Jersey) recently sold shares of Visa Inc. NYSE: V. In a filing disclosed on July 16th, the Representative disclosed that they had sold between $1,001 and $15,000 in Visa stock on June 24th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.
Representative Josh Gottheimer also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Visa NYSE: V on 6/26/2025.
- Sold $1,001 - $15,000 in shares of Visa NYSE: V on 6/25/2025.
- Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 6/25/2025.
- Sold $1,001 - $15,000 in shares of ConocoPhillips NYSE: COP on 6/24/2025.
- Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 6/24/2025.
- Sold $1,001 - $15,000 in shares of Visa NYSE: V on 6/20/2025.
- Purchased $1,001 - $15,000 in shares of Cloudflare NYSE: NET on 6/20/2025.
- Purchased $1,001 - $15,000 in shares of Carvana NYSE: CVNA on 6/20/2025.
- Sold $1,001 - $15,000 in shares of McDonald's NYSE: MCD on 6/20/2025.
- Purchased $1,001 - $15,000 in shares of Insmed NASDAQ: INSM on 6/16/2025.
Visa Stock Down 0.9%
Visa stock traded down $3.04 during mid-day trading on Tuesday, hitting $352.43. The company had a trading volume of 3,236,963 shares, compared to its average volume of 6,533,986. The stock has a market cap of $650.30 billion, a price-to-earnings ratio of 35.49, a PEG ratio of 2.41 and a beta of 0.92. Visa Inc. has a 1 year low of $254.51 and a 1 year high of $375.51. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.45. The business has a fifty day moving average of $356.06 and a 200 day moving average of $345.79.
Visa (NYSE:V - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The credit-card processor reported $2.76 earnings per share for the quarter, topping the consensus estimate of $2.68 by $0.08. The firm had revenue of $9.59 billion during the quarter, compared to the consensus estimate of $9.57 billion. Visa had a return on equity of 56.28% and a net margin of 52.86%. The company's revenue for the quarter was up 9.3% on a year-over-year basis. During the same period last year, the company earned $2.51 earnings per share. On average, sell-side analysts expect that Visa Inc. will post 11.3 earnings per share for the current fiscal year.
Visa Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Tuesday, May 13th were paid a $0.59 dividend. The ex-dividend date was Tuesday, May 13th. This represents a $2.36 annualized dividend and a yield of 0.67%. Visa's dividend payout ratio is currently 23.72%.
Insider Activity at Visa
In other Visa news, General Counsel Julie B. Rottenberg sold 2,575 shares of Visa stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $345.58, for a total transaction of $889,868.50. Following the completion of the transaction, the general counsel owned 11,925 shares in the company, valued at approximately $4,121,041.50. The trade was a 17.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Ryan Mcinerney sold 8,630 shares of Visa stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $353.82, for a total value of $3,053,466.60. Following the transaction, the chief executive officer owned 537 shares of the company's stock, valued at $190,001.34. This trade represents a 94.14% decrease in their position. The disclosure for this sale can be found here. Insiders sold 101,108 shares of company stock valued at $36,771,200 in the last three months. Corporate insiders own 0.13% of the company's stock.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Quotient Wealth Partners LLC raised its position in shares of Visa by 1.2% in the 2nd quarter. Quotient Wealth Partners LLC now owns 10,421 shares of the credit-card processor's stock worth $3,700,000 after acquiring an additional 123 shares in the last quarter. Koshinski Asset Management Inc. raised its position in shares of Visa by 2.6% in the 2nd quarter. Koshinski Asset Management Inc. now owns 8,917 shares of the credit-card processor's stock worth $3,166,000 after acquiring an additional 229 shares in the last quarter. Hoese & Co LLP bought a new position in shares of Visa in the 2nd quarter worth about $36,000. Bell & Brown Wealth Advisors LLC raised its position in shares of Visa by 4.6% in the 2nd quarter. Bell & Brown Wealth Advisors LLC now owns 949 shares of the credit-card processor's stock worth $337,000 after acquiring an additional 42 shares in the last quarter. Finally, Foster & Motley Inc. raised its position in shares of Visa by 40.4% in the 2nd quarter. Foster & Motley Inc. now owns 25,710 shares of the credit-card processor's stock worth $9,128,000 after acquiring an additional 7,397 shares in the last quarter. 82.15% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research firms recently commented on V. William Blair reissued an "outperform" rating on shares of Visa in a research report on Wednesday, April 30th. UBS Group upped their price objective on Visa from $395.00 to $405.00 and gave the company a "buy" rating in a report on Wednesday, May 28th. Macquarie cut their price objective on Visa from $400.00 to $380.00 and set an "outperform" rating for the company in a report on Wednesday, April 30th. Piper Sandler boosted their target price on Visa from $383.00 to $384.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 30th. Finally, Mizuho raised Visa from a "neutral" rating to an "outperform" rating and boosted their target price for the stock from $359.00 to $425.00 in a research report on Thursday, June 5th. Five research analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Visa currently has an average rating of "Moderate Buy" and a consensus target price of $375.52.
Get Our Latest Research Report on Visa
About Representative Gottheimer
Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.
Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election.
Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.
Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.
Visa Company Profile
(
Get Free Report)
Visa Inc operates as a payment technology company in the United States and internationally. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. It also offers credit, debit, and prepaid card products; tap to pay, tokenization, and click to pay services; Visa Direct, a solution that facilitates the delivery of funds to eligible cards, deposit accounts, and digital wallets; Visa B2B Connect, a multilateral business-to-business cross-border payments network; Visa Cross-Border Solution, a cross-border consumer payments solution; and Visa DPS that provides a range of value-added services, including fraud mitigation, dispute management, data analytics, campaign management, a suite of digital solutions, and contact center services.
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