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Rep. Josh Gottheimer Purchases Shares of Visa Inc. (NYSE:V)

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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 5th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

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

  • Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 3/24/2025.
  • 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.

Visa Stock Up 0.2 %

Shares of V traded up $0.70 during trading hours on Tuesday, hitting $335.88. The stock had a trading volume of 3,043,836 shares, 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. Visa Inc. has a 1-year low of $252.70 and a 1-year high of $366.54. The firm has a 50 day simple moving average of $342.12 and a 200-day simple moving average of $319.51. The firm has a market capitalization 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.

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Visa (NYSE:V - Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The credit-card processor reported $2.75 earnings per share for the quarter, beating 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%. Sell-side analysts predict that Visa Inc. will post 11.3 EPS for the current fiscal year.

Visa Announces Dividend

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

Insider Buying and Selling

In related news, CEO Ryan Mcinerney sold 8,620 shares of the business's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $350.44, for a total value of $3,020,792.80. Following the sale, the chief executive officer now owns 537 shares in the company, 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 document filed with the SEC, which is accessible through this hyperlink. Also, General Counsel Julie B. Rottenberg sold 2,572 shares of the 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 of the company's stock, valued at $4,054,500. This trade represents a 17.74 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 143,205 shares of company stock valued at $48,842,490. 0.13% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have commented on V shares. Citigroup reiterated a "neutral" rating on shares of Visa in a research note on Thursday, February 13th. Susquehanna reissued a "positive" rating on shares of Visa in a research report on Friday, March 21st. William Blair reissued an "outperform" rating on shares of Visa in a research report on Friday, January 31st. JPMorgan Chase & Co. raised their price objective on Visa from $340.00 to $375.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. Finally, Barclays raised their price objective on Visa from $361.00 to $396.00 and gave the company an "overweight" rating in a research report on Monday, February 3rd. Seven research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $355.84.

Read Our Latest Research Report on Visa

Institutional Trading of Visa

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Decker Retirement Planning Inc. bought a new position in Visa in the 4th quarter worth $26,000. Bradley & Co. Private Wealth Management LLC purchased a new stake in Visa in the fourth quarter worth about $27,000. POM Investment Strategies LLC raised its stake in shares of Visa by 48.5% in the fourth quarter. POM Investment Strategies LLC now owns 98 shares of the credit-card processor's stock worth $31,000 after buying an additional 32 shares during the period. Modus Advisors LLC purchased a new position in shares of Visa during the 4th quarter valued at about $32,000. Finally, Compass Planning Associates Inc bought a new position in shares of Visa during the 4th quarter valued at approximately $32,000. 82.15% of the stock is owned by hedge funds and other institutional investors.

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.

Visa Company Profile

(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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