Visa (NYSE:V) Shares Unloaded Rep. Dan Newhouse

Representative Dan Newhouse (R-Washington) recently sold shares of Visa Inc. NYSE: V. In a filing disclosed on May 16th, the Representative disclosed that they had sold between $1,001 and $15,000 in Visa stock on April 11th. The trade occurred in the Representative's "EDWARD JONES IRA" account.

Representative Dan Newhouse also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of PayPal NASDAQ: PYPL on 4/11/2025.
• Sold $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 4/11/2025.
• Sold $1,001 - $15,000 in shares of Moody's NYSE: MCO on 4/11/2025.
• Sold $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 4/11/2025.
• Sold $1,001 - $15,000 in shares of Dollar General NYSE: DG on 4/11/2025.
• Sold $1,001 - $15,000 in shares of Lowe's Companies NYSE: LOW on 4/11/2025.
• Sold $1,001 - $15,000 in shares of Intuit NASDAQ: INTU on 4/11/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 4/11/2025.
• Sold $1,001 - $15,000 in shares of BlackRock NYSE: BLK on 4/11/2025.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 4/11/2025.

Visa Price Performance

Shares of NYSE V traded down $3.93 during midday trading on Friday, hitting $354.04. 5,345,160 shares of the company's stock were exchanged, compared to its average volume of 7,026,462. Visa Inc. has a 12-month low of $252.70 and a 12-month high of $369.15. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.45. The company has a market cap of $653.27 billion, a price-to-earnings ratio of 35.69, a PEG ratio of 2.33 and a beta of 0.96. The business's fifty day moving average price is $341.47 and its two-hundred day moving average price is $331.92.

Visa (NYSE:V - Get Free Report) last released its earnings results on Tuesday, April 29th. The credit-card processor reported $2.76 earnings per share for the quarter, topping analysts' consensus estimates of $2.68 by $0.08. The company 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 54.79% and a net margin of 54.27%. Visa's quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.51 EPS. As a group, research analysts forecast that Visa Inc. will post 11.3 EPS for the current fiscal year.

Visa Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Tuesday, May 13th will be issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date is Tuesday, May 13th. Visa's payout ratio is presently 23.72%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on V. Barclays boosted their price objective on Visa from $361.00 to $396.00 and gave the company an "overweight" rating in a research report on Monday, February 3rd. William Blair reiterated an "outperform" rating on shares of Visa in a research report on Wednesday, April 30th. Oppenheimer reiterated an "outperform" rating on shares of Visa in a research report on Thursday, February 13th. Macquarie lowered their price objective on Visa from $400.00 to $380.00 and set an "outperform" rating for the company in a research report on Wednesday, April 30th. Finally, Raymond James reiterated an "outperform" rating and issued a $393.00 price objective (up previously from $374.00) on shares of Visa in a research report on Friday, January 31st. Six investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Visa presently has a consensus rating of "Moderate Buy" and a consensus target price of $362.38.

Institutional Trading of Visa

Institutional investors have recently made changes to their positions in the business. Keystone Global Partners LLC purchased a new position in Visa during the 1st quarter valued at approximately $26,000. von Borstel & Associates Inc. purchased a new position in Visa during the 1st quarter valued at approximately $27,000. Decker Retirement Planning Inc. purchased a new position in Visa during the 4th quarter valued at approximately $26,000. Bradley & Co. Private Wealth Management LLC purchased a new position in Visa during the 4th quarter valued at approximately $27,000. Finally, POM Investment Strategies LLC grew its holdings in Visa by 48.5% during the 4th quarter. POM Investment Strategies LLC now owns 98 shares of the credit-card processor's stock valued at $31,000 after buying an additional 32 shares in the last quarter. Hedge funds and other institutional investors own 82.15% of the company's stock.

Insider Buying and Selling at Visa

In other news, CEO Ryan Mcinerney sold 8,620 shares of the firm's stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $350.44, for a total value of $3,020,792.80. Following the completion of the sale, the chief executive officer now directly owns 537 shares of the company's stock, valued at $188,186.28. This trade represents a 94.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Paul D. Fabara sold 14,813 shares of the firm's stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $355.04, for a total value of $5,259,207.52. Following the completion of the sale, the insider now directly owns 26,413 shares of the company's stock, valued at $9,377,671.52. The trade was a 35.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 121,948 shares of company stock worth $41,548,282 in the last quarter. 0.13% of the stock is owned by corporate insiders.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington's 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington's 4th Congressional District. He won in the general election on November 5, 2024. Click here to see Newhouse's key votes in Congress. Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013. Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

Visa Company Profile

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.