Rep. David Taylor Sells Visa Inc. (NYSE:V) Shares

Representative David Taylor (R-Ohio) recently sold shares of Visa Inc. (NYSE:V). In a filing disclosed on April 03rd, the Representative disclosed that they had sold between $1,001 and $15,000 in Visa stock on January 30th. The trade occurred in the Representative's "DAVID TAYLOR TRUST > SCHWAB JOINT BROKERAGE #1 (HOME GROWN)" account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 3/27/2025.
• Purchased $1,001 - $15,000 in shares of Parker-Hannifin NYSE: PH on 3/10/2025.
• Purchased $1,001 - $15,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 3/10/2025.
• Purchased $1,001 - $15,000 in shares of Eaton NYSE: ETN on 3/10/2025.
• Sold $1,001 - $15,000 in shares of American Electric Power NASDAQ: AEP on 3/10/2025.
• Sold $1,001 - $15,000 in shares of AT&T NYSE: T on 3/10/2025.
• Sold $1,001 - $15,000 in shares of J. M. Smucker NYSE: SJM on 2/20/2025.
• Purchased $1,001 - $15,000 in shares of Kroger NYSE: KR on 2/20/2025.
• Purchased $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 2/10/2025.
• Purchased $1,001 - $15,000 in shares of J. M. Smucker NYSE: SJM on 2/10/2025.

Visa Stock Performance

V stock traded down $4.40 during mid-day trading on Tuesday, hitting $307.92. 9,564,697 shares of the company were exchanged, compared to its average volume of 7,256,855. Visa Inc. has a 1-year low of $252.70 and a 1-year high of $366.54. The stock has a market capitalization of $572.04 billion, a PE ratio of 31.04, a price-to-earnings-growth ratio of 2.33 and a beta of 0.94. The business has a 50 day simple moving average of $343.47 and a 200-day simple moving average of $317.55. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.45.

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Visa (NYSE:V - Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The credit-card processor reported $2.75 earnings per share for the quarter, topping the consensus estimate of $2.66 by $0.09. Visa had a return on equity of 54.79% and a net margin of 54.27%. On average, equities analysts forecast that Visa Inc. will post 11.3 earnings per share for the current year.

Visa Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 11th were paid a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, February 11th. This represents a $2.36 dividend on an annualized basis and a yield of 0.77%. Visa's dividend payout ratio (DPR) is currently 23.79%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on V. Raymond James reissued an "outperform" rating and issued a $393.00 target price (up previously from $374.00) on shares of Visa in a research report on Friday, January 31st. Susquehanna reaffirmed a "positive" rating on shares of Visa in a report on Friday, March 21st. Keefe, Bruyette & Woods reiterated a "hold" rating on shares of Visa in a research report on Thursday, February 13th. The Goldman Sachs Group increased their price target on Visa from $346.00 to $384.00 and gave the stock a "buy" rating in a research report on Friday, January 31st. Finally, Bank of America lifted their price objective on Visa from $331.00 to $363.00 and gave the company a "neutral" rating in a report on Friday, January 31st. Six equities research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, Visa presently has a consensus rating of "Moderate Buy" and a consensus target price of $355.84.

Insider Activity at Visa

In other Visa news, General Counsel Julie B. Rottenberg sold 2,572 shares of the company's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $340.00, for a total transaction of $874,480.00. Following the transaction, the general counsel now owns 11,925 shares in the company, valued at approximately $4,054,500. This represents a 17.74 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Ryan Mcinerney sold 8,620 shares of the company's stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $340.00, for a total transaction of $2,930,800.00. The disclosure for this sale can be found here. Insiders have sold a total of 143,205 shares of company stock worth $48,842,490 in the last 90 days. Corporate insiders own 0.13% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Decker Retirement Planning Inc. bought a new stake in shares of Visa in the 4th quarter valued at $26,000. Bradley & Co. Private Wealth Management LLC bought a new stake in Visa during the fourth quarter valued at $27,000. POM Investment Strategies LLC grew its holdings in Visa by 48.5% during the 4th quarter. POM Investment Strategies LLC now owns 98 shares of the credit-card processor's stock worth $31,000 after acquiring an additional 32 shares during the period. Modus Advisors LLC bought a new position in shares of Visa in the 4th quarter worth about $32,000. Finally, Compass Planning Associates Inc acquired a new position in shares of Visa in the 4th quarter valued at about $32,000. 82.15% of the stock is owned by institutional investors.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio's 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Taylor (Republican Party) ran for election to the U.S. House to represent Ohio's 2nd Congressional District. He won in the general election on November 5, 2024. David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor's career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

Visa Company Profile

Visa Inc operates as a payment technology company in the United States and internationally. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. It also offers credit, debit, and prepaid card products; tap to pay, tokenization, and click to pay services; Visa Direct, a solution that facilitates the delivery of funds to eligible cards, deposit accounts, and digital wallets; Visa B2B Connect, a multilateral business-to-business cross-border payments network; Visa Cross-Border Solution, a cross-border consumer payments solution; and Visa DPS that provides a range of value-added services, including fraud mitigation, dispute management, data analytics, campaign management, a suite of digital solutions, and contact center services.