Premier Path Wealth Partners LLC Acquires 1,369 Shares of Visa Inc. $V

Premier Path Wealth Partners LLC lifted its holdings in Visa Inc. (NYSE:V) by 9.2% in the second quarter, Holdings Channel reports. The fund owned 16,294 shares of the credit-card processor’s stock after purchasing an additional 1,369 shares during the quarter. Premier Path Wealth Partners LLC’s holdings in Visa were worth $5,590,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Parvin Asset Management LLC lifted its stake in shares of Visa by 200.0% in the 3rd 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 during the last quarter. Philadelphia Investment Partners LLC bought a new position in shares of Visa during the 2nd quarter valued at approximately $29,000. Virtus Advisers LLC purchased a new stake in Visa during the 2nd quarter valued at $33,000. RHL Group LLC purchased a new stake in Visa during the 4th quarter valued at $34,000. Finally, Timmons Wealth Management LLC bought a new stake in Visa in the fourth quarter worth $34,000. 82.15% of the stock is owned by institutional investors.

Insider Activity at Visa

In related news, General Counsel Julie Rottenberg sold 2,028 shares of the stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $381.35, for a total value of $773,377.80. Following the transaction, the general counsel owned 18,404 shares of the company’s stock, valued at $7,018,365.40. This represents a 9.93% decrease in their ownership of the stock. The sale was disclosed in a document filed 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, insider Tullier Mahon sold 57,272 shares of the stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $364.97, for a total value of $20,902,561.84. Following the completion of the transaction, the insider directly owned 49,662 shares in the company, valued at approximately $18,125,140.14. This trade represents a 53.56% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 104,537 shares of company stock worth $37,540,837. Company insiders own 0.12% of the company’s stock.

Key Visa News

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

Analyst Ratings Changes

A number of research firms have weighed in on V. Barclays started coverage on shares of Visa in a research report on Tuesday, July 7th. They set an “overweight” rating and a $420.00 price objective on the stock. UBS Group restated a “buy” rating and issued a $420.00 target price (up from $410.00) on shares of Visa in a report on Wednesday, July 29th. Piper Sandler reiterated an “overweight” rating and set a $430.00 price target (up from $394.00) on shares of Visa in a report on Wednesday, July 29th. Truist Financial set a $406.00 price objective on shares of Visa and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Finally, BNP Paribas Exane raised shares of Visa to a “strong-buy” rating in a research note on Tuesday, July 21st. Seven research analysts have rated the stock with a Strong Buy rating and twenty-four have given a Buy rating to the company. Based on data from MarketBeat, Visa currently has a consensus rating of “Buy” and an average price target of $416.62.

Visa Stock Up 0.2%

Shares of V opened at $379.17 on Friday. The firm 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 12-month low of $293.89 and a 12-month high of $385.57. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.60. The firm has a fifty day moving average price of $362.88 and a 200-day moving average price of $332.97.

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

Visa Dividend Announcement

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

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.