Visa Inc.

(New York Stock Exchange)
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Bullish +65

Visa Inc. $V Shares Purchased by Amundi - MarketBeat

AI-generated analysis

πŸ“ˆ Visa reported quarterly revenue of $11.63 billion and EPS of $3.32, beating analyst estimates.

πŸ“ˆ Revenue grew 14.4% year over year with a net margin of 50.78% and return on equity of 67.68%.

πŸ“ˆ Amundi increased its Visa position by 16.5% in Q2, buying 1.09 million shares valued at $2.65 billion.

πŸ“ˆ Institutional investors collectively own 82.15% of Visa's outstanding stock.

πŸ“ˆ Analysts maintain a consensus "Buy" rating with an average price target of $416.62.

πŸ“ˆ Several firms raised targets, including Wolfe Research at $460 and Citigroup at $440.

πŸ“ˆ Visa declared a quarterly dividend of $0.67 per share representing a 0.7% yield.

πŸ“‰ General Counsel Julie Rottenberg sold 2,028 shares under a Rule 10b5-1 trading plan.

πŸ“‰ Insider Tullier Mahon sold 57,272 shares for approximately $20.9 million in late July.

Bullish Signals
  • Visa reported quarterly revenue of $11.63 billion and EPS of $3.32, beating analyst estimates.
  • Revenue grew 14.4% year over year with a net margin of 50.78% and return on equity of 67.68%.
  • Amundi increased its Visa position by 16.5% in Q2, buying 1.09 million shares valued at $2.65 billion.
  • Institutional investors collectively own 82.15% of Visa's outstanding stock.
  • Analysts maintain a consensus "Buy" rating with an average price target of $416.62.
  • Several firms raised targets, including Wolfe Research at $460 and Citigroup at $440.
  • Visa declared a quarterly dividend of $0.67 per share representing a 0.7% yield.
Risk Factors
  • General Counsel Julie Rottenberg sold 2,028 shares under a Rule 10b5-1 trading plan.
  • Insider Tullier Mahon sold 57,272 shares for approximately $20.9 million in late July.
Full Analysis
Visa Inc. (NYSE:V) reported strong quarterly financial results, beating analyst estimates with revenue of $11.63 billion and earnings per share (EPS) of $3.32. Revenue grew 14.4% year over year, while the company maintained a high return on equity of 67.68% and a net margin of 50.78%. The firm also declared a quarterly dividend of $0.67 per share, paid to investors of record on August 11th. Institutional ownership remains robust at 82.15%, highlighted by significant position increases from major asset managers. Amundi increased its Visa stake by 16.5% in the second quarter, purchasing over 1 million shares to own a total valued at approximately $2.65 billion. Other institutional investors like Brighton Jones LLC and Revolve Wealth Partners also boosted their holdings significantly during recent quarters. Wall Street analysts maintain a bullish consensus on Visa with an average price target of $416.62, though individual targets vary from $420 to $460. Recent upgrades include Clear Str's "strong-buy" rating and Citigroup raising its price objective to $440. Despite the positive institutional and analyst sentiment, insider selling activity was noted in late July and August, with General Counsel Julie Rottenberg and insider Tullier Mahon reducing their positions under pre-arranged trading plans.