Visa Inc (NYSE:V) shares traded 1.64% higher at $362.30 on Wall Street last session.
V stock price is now 6.83% away from the 50-day moving average and 16.14% away from the 200-day moving average. The market capitalization of the company currently stands at $702.56B.
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With the price target enhanced from $322 to $368, Piper Sandler maintained Overweight rating for Visa Inc (NYSE: V). On January 14, 2025, Seaport Research Partners Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $359, while ‘Oppenheimer’ rates the stock as ‘Outperform’
In other news, Fabara Paul D, CHIEF RISK & CLIENT SVCS OFC sold 17,670 shares of the company’s stock on May 12 ’25. The stock was sold for $6,316,131 at an average price of $357.45. Upon completion of the transaction, the CHIEF RISK & CLIENT SVCS OFC now directly owns 26,413 shares in the company, valued at $9.57 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 08 ’25, CHIEF RISK & CLIENT SVCS OFC Fabara Paul D sold 14,813 shares of the business’s stock. A total of $5,259,168 was realized by selling the stock at an average price of $355.04. This leaves the insider owning 26,413 shares of the company worth $9.57 million. A total of 12.52% of the company’s stock is owned by insiders.
During the past 12 months, Visa Inc has had a low of $252.70 and a high of $366.54. As of last week, the company has a debt-to-equity ratio of 0.55, a current ratio of 1.08, and a quick ratio of 1.08.
The net profit margin was 52.21% and return on equity was 50.03% for V. The company reported revenue of $9.59 billion for the quarter, compared to $8.78 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.33 percent.
