Representative Josh Gottheimer (D-New Jersey) recently bought shares of Visa Inc. (NYSE:V). In a filing disclosed on February 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Visa stock on January 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 Microsoft (NASDAQ:MSFT) on 1/31/2025.
- Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 1/31/2025.
- Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 1/31/2025.
- Purchased $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 1/31/2025.
- Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/31/2025.
- Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 1/31/2025.
- Sold $1,001 – $15,000 in shares of ICF International (NASDAQ:ICFI) on 1/31/2025.
- Purchased $1,001 – $15,000 in shares of Mastercard (NYSE:MA) on 1/31/2025.
- Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 1/30/2025.
- Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 1/30/2025.
Visa Price Performance
Shares of NYSE:V opened at $351.43 on Thursday. The firm has a market capitalization of $652.88 billion, a PE ratio of 35.43, a PEG ratio of 2.32 and a beta of 0.97. The company has a current ratio of 1.12, a quick ratio of 1.28 and a debt-to-equity ratio of 0.45. Visa Inc. has a 1-year low of $252.70 and a 1-year high of $352.12. The business’s 50 day moving average is $323.36 and its 200-day moving average is $297.90.
Visa Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 11th will be issued a $0.59 dividend. The ex-dividend date of this dividend is Tuesday, February 11th. This represents a $2.36 annualized dividend and a yield of 0.67%. Visa’s dividend payout ratio (DPR) is 23.79%.
Analysts Set New Price Targets
Several research analysts recently issued reports on the stock. Robert W. Baird increased their price target on shares of Visa from $330.00 to $340.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Macquarie increased their target price on Visa from $300.00 to $335.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. TD Cowen boosted their price target on Visa from $318.00 to $325.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Barclays increased their price objective on Visa from $361.00 to $396.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Visa from $300.00 to $340.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Four equities research analysts have rated the stock with a hold rating, twenty-five have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $354.73.
Check Out Our Latest Analysis on Visa
Hedge Funds Weigh In On Visa
Large investors have recently bought and sold shares of the business. Yahav Achim Ve Achayot Provident Funds Management Co Ltd. bought a new position in shares of Visa in the 4th quarter worth $859,000. Quadrant Capital Group LLC increased its stake in shares of Visa by 4.6% in the 4th quarter. Quadrant Capital Group LLC now owns 17,797 shares of the credit-card processor’s stock valued at $5,624,000 after acquiring an additional 784 shares during the last quarter. Ilmarinen Mutual Pension Insurance Co raised its position in shares of Visa by 52.2% in the 4th quarter. Ilmarinen Mutual Pension Insurance Co now owns 317,960 shares of the credit-card processor’s stock valued at $100,488,000 after acquiring an additional 109,000 shares during the period. Russell Investments Group Ltd. grew its holdings in Visa by 8.0% during the fourth quarter. Russell Investments Group Ltd. now owns 1,580,091 shares of the credit-card processor’s stock valued at $499,257,000 after purchasing an additional 117,463 shares during the period. Finally, Hurley Capital LLC acquired a new position in Visa during the fourth quarter valued at approximately $56,000. 82.15% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Visa
In other Visa news, CEO Ryan Mcinerney sold 8,620 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $317.78, for a total transaction of $2,739,263.60. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Paul D. Fabara sold 2,171 shares of Visa stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $307.97, for a total transaction of $668,602.87. Following the completion of the transaction, the insider now directly owns 17,894 shares in the company, valued at approximately $5,510,815.18. The trade was a 10.82 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 58,056 shares of company stock valued at $19,830,050. Corporate insiders own 0.13% of the company’s stock.
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
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.
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