NEOS Investment Management LLC Purchases 25,444 Shares of Visa Inc. $V

NEOS Investment Management LLC boosted its position in Visa Inc. (NYSE:V) by 10.3% during the 2nd quarter, HoldingsChannel reports. The firm owned 273,079 shares of the credit-card processor’s stock after purchasing an additional 25,444 shares during the period. NEOS Investment Management LLC’s holdings in Visa were worth $93,691,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the company. G&S Capital LLC boosted its holdings in shares of Visa by 4.0% in the second quarter. G&S Capital LLC now owns 761 shares of the credit-card processor’s stock worth $261,000 after buying an additional 29 shares during the last quarter. Keating Financial Advisory Services Inc. increased its holdings in Visa by 0.9% during the second quarter. Keating Financial Advisory Services Inc. now owns 3,189 shares of the credit-card processor’s stock valued at $1,094,000 after buying an additional 29 shares during the last quarter. NerdWallet Wealth Partners LLC increased its holdings in Visa by 4.5% during the second quarter. NerdWallet Wealth Partners LLC now owns 695 shares of the credit-card processor’s stock valued at $239,000 after buying an additional 30 shares during the last quarter. Frederick Financial Consultants LLC raised its position in Visa by 2.0% in the fourth quarter. Frederick Financial Consultants LLC now owns 1,598 shares of the credit-card processor’s stock worth $560,000 after acquiring an additional 31 shares during the period. Finally, Kuhn & Co Investment Counsel raised its position in Visa by 0.5% in the fourth quarter. Kuhn & Co Investment Counsel now owns 6,096 shares of the credit-card processor’s stock worth $2,138,000 after acquiring an additional 32 shares during the period. 82.15% of the stock is currently owned by institutional investors.

Visa Price Performance

Shares of NYSE:V opened at $379.17 on Friday. The company has a market capitalization of $676.60 billion, a P/E ratio of 32.24, a P/E/G ratio of 2.03 and a beta of 0.76. Visa Inc. has a 1-year low of $293.89 and a 1-year high of $385.57. The firm’s 50 day simple moving average is $362.88 and its two-hundred day simple moving average is $332.97. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.99 and a quick ratio of 0.99.

Visa (NYSE:V) last announced its quarterly earnings data on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.23 by $0.09. The firm had revenue of $11.63 billion during the quarter, compared to analysts’ expectations of $11.40 billion. Visa had a net margin of 50.78% and a return on equity of 67.68%. The company’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same period in the prior year, the company posted $2.98 earnings per share. Research analysts expect that Visa Inc. will post 13.16 EPS for the current fiscal year.

Visa Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were issued a $0.67 dividend. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $2.68 annualized dividend and a yield of 0.7%. Visa’s dividend payout ratio is currently 22.79%.

Insiders Place Their Bets

In other Visa news, CEO Ryan Mcinerney sold 5,875 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $379.65, for a total transaction of $2,230,443.75. Following the sale, the chief executive officer directly owned 15,174 shares of the company’s stock, valued at $5,760,809.10. This trade represents a 27.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie Rottenberg sold 2,028 shares of the firm’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $381.35, for a total value of $773,377.80. Following the sale, the general counsel directly owned 18,404 shares in the company, valued at approximately $7,018,365.40. This represents a 9.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 104,537 shares of company stock worth $37,540,837. Corporate insiders own 0.12% of the company’s stock.

Visa News Roundup

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa launched an enhanced A2A Protect platform featuring real-time risk insights and a unified fraud score incorporating Featurespace technology. The product is designed to help banks stop account-to-account fraud before funds leave customer accounts, potentially expanding Visa’s fraud-prevention and software revenue. Visa launches enhanced A2A Protect
• Positive Sentiment: Visa integrated with Handwave to allow cards to be linked to palm biometrics for payments. The technology could improve checkout convenience and security while supporting growth in tokenized and biometric transactions. Handwave Visa palm biometrics integration
• Positive Sentiment: Visa’s network is being used in additional stablecoin applications, including Advasa’s upgraded Visa card with USDC payment support. Broader stablecoin acceptance could create longer-term transaction opportunities, complementing Visa’s recent 14.4% revenue growth and quarterly earnings beat. Advasa expands Visa card to support USDC
• Neutral Sentiment: Twenty-one financial institutions are reportedly advancing a jointly backed stablecoin venture, signaling that competition is shifting toward payment infrastructure and distribution. The development validates the stablecoin market but could increase competition with Visa’s role as the payments industry develops. Stablecoins this week
• Neutral Sentiment: Visa CEO Ryan McInerney sold 5,875 shares for approximately $2.23 million, and General Counsel Julie Rottenberg previously sold about $773,000. Both transactions were made under pre-arranged Rule 10b5-1 plans, limiting their value as signals of deteriorating business expectations, though the sales may weigh on sentiment. Visa insider selling
• Negative Sentiment: Reports that Robinhood memecoin purchases made with credit cards may be coded as digital-media transactions could draw scrutiny over rewards eligibility and transaction classification. Any resulting disputes or policy changes could create friction for Visa and card issuers in crypto-related payments. Robinhood memecoin credit-card coding

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $430.00 price objective on shares of Visa in a research report on Wednesday, July 29th. Robert W. Baird raised their target price on Visa from $412.00 to $420.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Sanford C. Bernstein reiterated an “outperform” rating and set a $450.00 target price on shares of Visa in a research report on Tuesday, June 2nd. Cantor Fitzgerald set a $445.00 price target on Visa and gave the company an “overweight” rating in a report on Monday, August 3rd. Finally, JPMorgan Chase & Co. boosted their price target on Visa from $400.00 to $450.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Seven analysts have rated the stock with a Strong Buy rating and twenty-four have given a Buy rating to the company’s stock. According to data from MarketBeat, Visa has an average rating of “Buy” and a consensus target price of $416.62.

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.