Representative Josh Gottheimer (D-New Jersey) recently sold shares of Visa Inc. (NYSE:V). In a filing disclosed on August 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Visa stock on July 14th. 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 Walmart (NYSE:WMT) on 7/28/2025.
- Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 7/25/2025.
- Sold $1,001 – $15,000 in shares of Natera (NASDAQ:NTRA) on 7/22/2025.
- Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 7/18/2025.
- Sold $1,001 – $15,000 in shares of Independence Realty Trust (NYSE:IRT) on 7/16/2025.
- Sold $1,001 – $15,000 in shares of SpringWorks Therapeutics (NASDAQ:SWTX) on 7/2/2025.
- Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 6/26/2025.
- Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 6/25/2025.
- Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 6/25/2025.
- Sold $1,001 – $15,000 in shares of ConocoPhillips (NYSE:COP) on 6/24/2025.
Visa Stock Up 1.8%
Shares of V stock opened at $342.66 on Thursday. The stock has a market cap of $628.02 billion, a P/E ratio of 33.46, a P/E/G ratio of 2.24 and a beta of 0.94. Visa Inc. has a 12 month low of $258.74 and a 12 month high of $375.51. The company has a 50 day simple moving average of $351.11 and a two-hundred day simple moving average of $347.19. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.52.
Visa Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Tuesday, August 12th will be issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, August 12th. Visa’s dividend payout ratio is currently 23.05%.
Hedge Funds Weigh In On Visa
Several institutional investors have recently made changes to their positions in V. Keystone Global Partners LLC purchased a new stake in Visa in the 1st quarter worth $26,000. von Borstel & Associates Inc. purchased a new stake in Visa in the 1st quarter worth $27,000. Family Legacy Financial Solutions LLC purchased a new stake in Visa in the 2nd quarter worth $28,000. Harbor Asset Planning Inc. purchased a new stake in Visa in the 2nd quarter worth $29,000. Finally, Cranbrook Wealth Management LLC increased its holdings in Visa by 82.0% in the 2nd quarter. Cranbrook Wealth Management LLC now owns 91 shares of the credit-card processor’s stock worth $32,000 after acquiring an additional 41 shares in the last quarter. 82.15% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Visa
In other Visa news, CEO Ryan Mcinerney sold 8,630 shares of Visa stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $353.82, for a total transaction of $3,053,466.60. Following the sale, the chief executive officer owned 537 shares of the company’s stock, valued at $190,001.34. The trade was a 94.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Paul D. Fabara sold 11,636 shares of Visa stock in a transaction on Wednesday, June 11th. The stock was sold at an average price of $375.00, for a total transaction of $4,363,500.00. Following the sale, the insider directly owned 26,413 shares in the company, valued at approximately $9,904,875. This trade represents a 30.58% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 75,100 shares of company stock worth $27,643,224. 0.13% of the stock is currently owned by corporate insiders.
Analysts Set New Price Targets
Several equities analysts have commented on the stock. Citigroup assumed coverage on shares of Visa in a research report on Monday, June 2nd. They set a “buy” rating for the company. Macquarie increased their price objective on shares of Visa from $380.00 to $425.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Jefferies Financial Group increased their price objective on shares of Visa from $400.00 to $410.00 and gave the company a “buy” rating in a research report on Tuesday, May 27th. Wall Street Zen upgraded shares of Visa from a “hold” rating to a “buy” rating in a research report on Monday, May 12th. Finally, William Blair reiterated an “outperform” rating on shares of Visa in a research report on Wednesday, April 30th. Five research analysts have rated the stock with a hold rating, twenty-three have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $380.84.
Check Out Our Latest Stock Report on V
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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