Why New Institutional Money Is Coming and What This Means for Visa Inc. (V)?

Visa Inc. (NYSE:V) is on recovery track with 17.94% gain from a 1-year low price of $111.02. The company lost -0.81% to attain the price of $130.94 on 12/28/2018. Throughout the recent session, the prices were hovering between $129.66 and $133.62. These shares are 24.91% off its target price of $163.56 and the current market capitalization stands at $294.62B. The recent change has given its price a -4.64% deficit over SMA 50 and -13.61% deficit over its 52-week high. The stock witnessed -3.66% declines, -12.72% declines and -1.36% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found V’s volatility during a week at 4.45% and during a month it has been found around 3.36%.

Visa Inc. (V) Top Holders

Institutional investors currently hold around $216.05 billion or 95.1% in V stock. Look at its top three institutional owners. Vanguard Group Inc owns $17.42 billion in Visa Inc., which represents roughly 5.91% of the company’s market cap and approximately 8.06% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 122,485,390 shares of the stock are valued at $16.04 billion. The third largest holder is Fmr Llc, which currently holds $11.38 billion worth of this stock and that ownership represents nearly 3.86% of its market capitalization.

Visa Inc. 13F Filings

At the end of September reporting period, 913 institutional holders increased their position in Visa Inc. (NYSE:V) by some 49,016,955 shares, 1,028 decreased positions by 62,248,510 and 292 held positions by 1,539,000,000. That puts total institutional holdings at 1,650,000,000 shares, according to SEC filings. The stock grabbed 113 new institutional investments totaling 1,720,958 shares while 63 institutional investors sold out their entire positions totaling 3,432,270 shares.

Visa Inc. (NYSE:V) Insider Trades

Multiple company employees have indulged in significant insider trading. Visa Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that EVP CORP STRAT, M&A, GR Sheedy William M. has sold 13,864 shares of Visa Inc. (V) in trading session dated Dec. 03, 2018. These shares are worth $2,009,864 and were traded at $144.97 each. The SEC filing shows that Hoffmeister James H performed a sale of 2,252 shares. The SVP, GBL CORP CONTRL & CAO disposed these shares by way of transaction on Dec. 03, 2018. The company’s shares were given away at $144.56 per share worth to an income of some $325,549 on account of Hoffmeister James H.

EVP CORP STRAT, M&A, GR, Sheedy William M., sold 3,643 common shares of Visa Inc. (V) in the open market. In a transaction dated Nov. 20, 2018, the shares were put up for sale at an average price of $133.07, raking in a sum of $484,774. After this sale, 243,034 common shares of V are directly owned by the insider, with total stake valued at $31,822,872.

In the transaction dated Nov. 02, 2018, the great number of shares disposed came courtesy the EVP CORP STRAT, M&A, GR; Sheedy William M. disposed a total of 99,636 shares at an average price of $139.28, amounting to approximately $13,877,302. The insider now directly owns 239,617 shares worth $31,375,450.

Visa Inc. (V) Analyst Guide

Several analysts have released their opinion on Visa Inc. (NYSE:V), with 17 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 18 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.63 average brokerage recommendation.