Visa Inc . (NYSE:V) Vice Chair Kelly Mahon Tullier recently executed a series of transactions involving the company’s Class A Common Stock, according to a recent SEC filing. On February 7, Tullier sold 33,741 shares at a weighted average price of approximately $349.77 per share, amounting to a total of $11.8 million. The shares were sold in multiple transactions at prices ranging from $348.90 to $350.40. The transactions occurred as Visa’s stock trades near its 52-week high of $351.25, with InvestingPro data indicating overbought conditions.
In addition to the sales, Tullier also exercised options to acquire 18,641 shares at a price of $109.82 per share, with the total value of these acquisitions reaching approximately $2.05 million. Following these transactions, Tullier’s direct ownership stands at 36,566 shares.
These transactions are part of Tullier’s ongoing management of her stake in Visa, where she holds the title of Vice Chair, Chief People and Corporate Affairs Officer.
In other recent news, Visa Inc. has been the subject of several analyst upgrades following robust fiscal first quarter results for 2025. The company’s performance was marked by an 11% year-over-year organic revenue growth, surpassing previous guidance. UBS analyst Tim Chiodo increased the price target for Visa shares to $400, citing strong cross-border volume and promising growth in Value Added Services (VAS) and New Flows-related revenue. TD Cowen analyst Bryan Bergin also raised the company’s price target to $363, noting broad-based growth and an improved forecast for net revenue growth and earnings per share (EPS) expansion. BMO Capital Markets and Keefe, Bruyette & Woods followed suit, raising their price targets to $370 and $400, respectively, given Visa’s strong performance and raised financial outlook for fiscal year 2025.
In another development, President Trump has appointed Treasury Secretary Scott Bessent as the acting director of the Consumer Financial Protection Bureau (CFPB). This move is expected to impact companies like Visa, as it may lead to the suspension of certain rulings, including the credit card late fee and bank overdraft rules. The long-term implications of this appointment will depend on Bessent’s choice of deputies and the potential nomination of a new director by Trump. TD Cowen analyst Jaret Saiberg commented on the situation, emphasizing the importance of these appointments and their potential impact on banks and consumer financial companies.
These are the latest developments for Visa and the broader financial industry, highlighting the ongoing influence of regulatory changes and strong company performance on investor sentiment.
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