tiprankstipranks
Visa Executives Cash In: Massive Stock Sales Unveiled!
Insider Trading

Visa Executives Cash In: Massive Stock Sales Unveiled!

New insider activity at Visa ( (V) ) has taken place on February 8, 2025.

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

In a notable transaction, Vice Chair Kelly Mahon Tullier, responsible for CHF PPL & Corporate Affairs, has sold 33,741 shares of Visa stock, accumulating a total of $11,801,252. Additionally, Peter M. Andreski, the Global Corporate Controller and Chief Accounting Officer, has sold 2,332 shares, resulting in a sale worth $815,313.

Recent Updates on V stock

Visa has been in the spotlight recently due to several strategic developments. The company’s stock price has been positively influenced by a new payment processing deal finalized with Elon Musk’s social media platform X. Analysts have also raised Visa’s price target, attributing the upgrade to strong growth highlighted in their recent earnings call. Additionally, Visa has expanded its collaboration with Fold to introduce bitcoin rewards card programs, and partnered with Jack Henry to offer Visa Direct through Rapid Transfers, enhancing digital payment services. These strategic initiatives and partnerships are seen as significant contributors to Visa’s robust market position and growth prospects.

More about Visa

YTD Price Performance: 10.52%

Average Trading Volume: 5,990,278

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $678.8B