Visa Inc (V) Looks Ready for Growth Despite 10.02% Change This Year

Visa Inc (NYSE: V) is 10.02% higher on its value in year-to-date trading and has touched a low of $252.70 and a high of $366.54 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The V stock was last observed hovering at around $348.64 in the last trading session, with the day’s loss setting it -0.94%.

Currently trading at $347.70, the stock is 3.82% and 2.50% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.43 million and changing -0.27% at the moment leaves the stock 12.65% off its SMA200. V registered 29.93% gain for a year compared to 6-month gain of 19.96%.

The stock witnessed a 11.04% loss in the last 1 month and extending the period to 3 months gives it a 0.74%, and is 1.81% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.87% over the week and 3.17% over the month.

Visa Inc (V) has around 31600 employees, a market worth around $674.25B and $37.62B in sales. Current P/E ratio is 35.37 and Fwd P/E is 27.33. Profit margin for the company is 52.21%. Distance from 52-week low is 37.59% and -5.14% from its 52-week high. The company has generated returns on investments over the last 12 months (35.81%).

The EPS is expected to grow by 12.73% this year.

Visa Inc (V) Top Institutional Holders

The shares outstanding are 1.72B, and float is at 1.71B with Short Float at 1.54%.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 143.08 million shares valued at $37.56 billion. The investor’s holdings represent 8.8872% of the V Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 127.55 million shares valued at $33.48 billion to account for 7.9224 of the shares outstanding. The other top investors are STATE STREET CORP which holds 73.28 million shares representing 4.5517% and valued at over $19.23 billion, while FMR LLC holds 3.3445 of the shares totaling 53.85 million with a market value of $14.13 billion.

Visa Inc (V) Insider Activity

The most recent transaction is an insider sale by MCINERNEY RYAN, the company’s Chief Executive Officer. SEC filings show that MCINERNEY RYAN sold 8,620 shares of the company’s common stock on May 01 ’25 at a price of $345.58 per share for a total of $2.98 million. Following the sale, the insider now owns 537.0 shares.

Visa Inc disclosed in a document filed with the SEC on May 01 ’25 that ROTTENBERG JULIE B (GENERAL COUNSEL) sold a total of 2,575 shares of the company’s common stock. The trade occurred on May 01 ’25 and was made at $345.58 per share for $0.89 million. Following the transaction, the insider now directly holds 11925.0 shares of the V stock.

Still, SEC filings show that on May 01 ’25, MCINERNEY RYAN (Officer) Proposed Sale 8,620 shares at an average price of $345.58 for $2.98 million. The insider now directly holds shares of Visa Inc (V).

Related Posts

News RTS
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.