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