Y Intercept Hong Kong Ltd Buys Shares of 74,473 Visa Inc. $V

Y Intercept Hong Kong Ltd purchased a new stake in Visa Inc. (NYSE:V) during the first quarter, Holdings Channel.com reports. The firm purchased 74,473 shares of the credit-card processor’s stock, valued at approximately $22,509,000. Visa comprises 0.4% of Y Intercept Hong Kong Ltd’s portfolio, making the stock its 16th biggest position.

Other large investors have also recently made changes to their positions in the company. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its position in shares of Visa by 61.3% in the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 866,330 shares of the credit-card processor’s stock worth $261,840,000 after buying an additional 329,153 shares during the last quarter. Elevation Point Wealth Partners LLC lifted its position in Visa by 220.7% during the first quarter. Elevation Point Wealth Partners LLC now owns 42,059 shares of the credit-card processor’s stock valued at $12,712,000 after acquiring an additional 28,943 shares during the last quarter. Platform Technology Partners boosted its stake in Visa by 6.6% in the first quarter. Platform Technology Partners now owns 13,694 shares of the credit-card processor’s stock valued at $4,139,000 after acquiring an additional 849 shares in the last quarter. Sound Income Strategies LLC grew its holdings in Visa by 1.7% in the first quarter. Sound Income Strategies LLC now owns 3,787 shares of the credit-card processor’s stock worth $1,130,000 after purchasing an additional 62 shares during the last quarter. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. grew its holdings in Visa by 8.7% in the first quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. now owns 35,185 shares of the credit-card processor’s stock worth $10,634,000 after purchasing an additional 2,802 shares during the last quarter. 82.15% of the stock is owned by institutional investors.

Insider Transactions at Visa

In other news, CFO Chris Suh sold 10,639 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $324.81, for a total value of $3,455,653.59. Following the transaction, the chief financial officer directly owned 9,872 shares of the company’s stock, valued at approximately $3,206,524.32. This represents a 51.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Ryan Mcinerney sold 10,490 shares of the stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $343.99, for a total value of $3,608,455.10. Following the completion of the transaction, the chief executive officer directly owned 15,174 shares in the company, valued at $5,219,704.26. This represents a 40.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 73,554 shares of company stock valued at $24,898,255. 0.12% of the stock is currently owned by insiders.

More Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa is expanding into AI-powered travel payments through a partnership with eDreams ODIGEO, allowing AI agents to initiate and complete purchases across major travel brands, which could create new transaction volume. eDO Taps Visa to Allow AI Agents to Purchase Travel
• Positive Sentiment: Visa launched its Threat Intelligence Platform to help banks detect cyber threats earlier and reduce fraud risk, reinforcing the strength of its network and security offering. Visa Lets Banks Access Its In-House Cybersecurity Capabilities
• Positive Sentiment: Visa continues to show momentum in agentic payments, with successful live transactions alongside partners such as BBVA, Worldline, ING, and Nuvei, suggesting early traction in AI-driven payment rails. Visa and BBVA Prove Today’s Rails Can Handle Agentic Payments
• Positive Sentiment: Analyst and market commentary remain constructive, with Visa cited as a top blue-chip name and Piper Sandler recently starting coverage with an Overweight rating and a $394 target. Visa Stock Surges 12.4% in a Month: Time to Buy, Hold or Sell?
• Positive Sentiment: Visa’s last reported quarter beat expectations, with EPS of $3.31 versus $3.10 expected and revenue up 17.1% year over year, supporting the stock’s premium valuation. Visa stock profile and earnings summary
• Neutral Sentiment: CEO Ryan McInerney sold shares under a pre-arranged 10b5-1 plan, which is worth noting but does not necessarily signal a change in outlook. SEC filing for CEO stock sale

Visa Trading Down 0.2%

Shares of Visa stock opened at $361.31 on Friday. The firm’s 50 day simple moving average is $327.17 and its two-hundred day simple moving average is $324.90. The firm has a market capitalization of $648.10 billion, a price-to-earnings ratio of 31.47, a PEG ratio of 1.93 and a beta of 0.75. Visa Inc. has a 12-month low of $293.89 and a 12-month high of $362.13. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.64.

Visa (NYSE:V) last posted its quarterly earnings data on Tuesday, April 28th. The credit-card processor reported $3.31 EPS for the quarter, topping the consensus estimate of $3.10 by $0.21. The business had revenue of $11.23 billion during the quarter, compared to the consensus estimate of $10.75 billion. Visa had a net margin of 51.68% and a return on equity of 65.00%. The business’s revenue for the quarter was up 17.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.76 earnings per share. Analysts predict that Visa Inc. will post 13.1 EPS for the current year.

Visa announced that its Board of Directors has approved a share buyback plan on Tuesday, April 28th that permits the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization permits the credit-card processor to buy up to 3.6% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Visa Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were paid a $0.67 dividend. The ex-dividend date was Tuesday, May 12th. This represents a $2.68 dividend on an annualized basis and a yield of 0.7%. Visa’s dividend payout ratio (DPR) is 23.34%.

Analyst Upgrades and Downgrades

V has been the subject of several analyst reports. Evercore set a $350.00 price objective on Visa in a report on Wednesday, April 29th. UBS Group boosted their target price on Visa from $390.00 to $410.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Weiss Ratings lowered Visa from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, April 16th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $400.00 price target on shares of Visa in a research note on Wednesday, April 29th. Finally, Citigroup lowered their price target on Visa from $450.00 to $400.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Seven equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $397.96.

About Visa

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.