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Visa (NYSE:V) Shares Acquired Rep. Josh Gottheimer

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Representative Josh Gottheimer (D-New Jersey) recently bought shares of Visa Inc. NYSE: V. In a filing disclosed on April 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Visa stock on March 24th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

  • Sold $1,001 - $15,000 in shares of Spotify Technology NYSE: SPOT on 3/24/2025.
  • Sold $1,001 - $15,000 in shares of Flywire NASDAQ: FLYW on 3/19/2025.
  • Sold $1,001 - $15,000 in shares of Disco OTCMKTS: DSCSY on 3/19/2025.
  • Sold $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 3/19/2025.
  • Sold $1,001 - $15,000 in shares of Diageo NYSE: DEO on 3/19/2025.
  • Sold $1,001 - $15,000 in shares of Shopify NYSE: SHOP on 3/19/2025.
  • Sold $1,001 - $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk NYSE: TLK on 3/19/2025.
  • Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 3/19/2025.
  • Sold $1,001 - $15,000 in shares of Tandem Diabetes Care NASDAQ: TNDM on 3/19/2025.
  • Sold $1,001 - $15,000 in shares of D.R. Horton NYSE: DHI on 3/19/2025.

Visa Price Performance

Shares of V stock traded up $0.70 on Tuesday, hitting $335.88. 3,043,836 shares of the company's stock were exchanged, compared to its average volume of 7,254,037. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.12 and a quick ratio of 1.12. The stock has a market cap of $623.98 billion, a P/E ratio of 33.86, a price-to-earnings-growth ratio of 2.33 and a beta of 0.94. Visa Inc. has a 12 month low of $252.70 and a 12 month high of $366.54. The company has a 50 day moving average of $342.12 and a 200 day moving average of $319.51.

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Visa (NYSE:V - Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The credit-card processor reported $2.75 EPS for the quarter, beating analysts' consensus estimates 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 research analysts predict that Visa Inc. will post 11.3 EPS for the current year.

Visa Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 11th were paid a $0.59 dividend. The ex-dividend date was Tuesday, February 11th. This represents a $2.36 annualized dividend and a dividend yield of 0.70%. Visa's payout ratio is 23.79%.

Institutional Inflows and Outflows

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

Insiders Place Their Bets

In related news, CEO Ryan Mcinerney sold 8,620 shares of the business's stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $350.44, for a total transaction of $3,020,792.80. Following the completion of the transaction, the chief executive officer now owns 537 shares of the company's stock, valued at approximately $188,186.28. The trade was a 94.14 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Paul D. Fabara sold 39,350 shares of the firm's stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $340.41, for a total value of $13,395,133.50. Following the completion of the sale, the insider now directly owns 26,413 shares in the company, valued at approximately $8,991,249.33. The trade was a 59.84 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 143,205 shares of company stock valued at $48,842,490 over the last ninety days. 0.13% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms recently commented on V. Piper Sandler reiterated an "overweight" rating and set a $383.00 target price (up from $368.00) on shares of Visa in a research report on Friday, January 31st. Keefe, Bruyette & Woods restated a "hold" rating on shares of Visa in a report on Thursday, February 13th. Bank of America lifted their target price on Visa from $331.00 to $363.00 and gave the stock a "neutral" rating in a report on Friday, January 31st. The Goldman Sachs Group increased their price target on Visa from $346.00 to $384.00 and gave the company a "buy" rating in a research note on Friday, January 31st. Finally, Evercore ISI began coverage on Visa in a report on Wednesday, April 9th. They issued an "in-line" rating and a $330.00 target price on the stock. Seven investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Visa presently has a consensus rating of "Moderate Buy" and an average price target of $355.84.

Get Our Latest Stock Report on Visa

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About Visa

(Get Free Report)

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.

Further Reading

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