Rep. Josh Gottheimer Buys Visa Inc. (NYSE:V) Shares

08 Mar 2025, 19:36 by Mitch Edgeman · The Markets Daily

Representative Josh Gottheimer (D-New Jersey) recently bought shares of Visa Inc. (NYSE:V). In a filing disclosed on March 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Visa stock on February 13th. 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 The Goldman Sachs Group (NYSE:GS) on 2/28/2025.
Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 2/28/2025.
Sold $1,001 – $15,000 in shares of Block (NYSE:XYZ) on 2/27/2025.
Sold $1,001 – $15,000 in shares of KKR & Co. Inc. (NYSE:KKR) on 2/27/2025.
Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 2/27/2025.
Sold $1,001 – $15,000 in shares of Paragon 28 (NYSE:FNA) on 2/27/2025.
Sold $1,001 – $15,000 in shares of KKR & Co. Inc. (NYSE:KKR) on 2/26/2025.
Purchased $1,001 – $15,000 in shares of Fiserv (NYSE:FI) on 2/26/2025.
Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 2/26/2025.
Sold $1,001 – $15,000 in shares of Vertiv (NYSE:VRT) on 2/25/2025.

Visa Stock Performance

V traded up $1.63 during trading hours on Friday, hitting $345.79. 6,358,427 shares of the stock were exchanged, compared to its average volume of 6,301,857. The stock has a 50-day simple moving average of $336.18 and a 200-day simple moving average of $308.35. Visa Inc. has a 12 month low of $252.70 and a 12 month high of $366.54. The stock has a market cap of $642.41 billion, a price-to-earnings ratio of 34.86, a price-to-earnings-growth ratio of 2.33 and a beta of 0.95. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.12 and a quick ratio of 1.12.

Visa (NYSE:V – Get Free Report) last issued its earnings results on Thursday, January 30th. The credit-card processor reported $2.75 earnings per share for the quarter, topping the consensus estimate of $2.66 by $0.09. Visa had a return on equity of 54.79% and a net margin of 54.27%. Analysts anticipate that Visa Inc. will post 11.3 earnings per share for the current year.

Visa Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 11th were paid a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 0.68%. The ex-dividend date was Tuesday, February 11th. Visa’s dividend payout ratio (DPR) is presently 23.79%.

Institutional Investors Weigh In On Visa

Institutional investors and hedge funds have recently made changes to their positions in the company. Riverstone Advisors LLC bought a new stake in shares of Visa during the fourth quarter worth $217,000. Journey Strategic Wealth LLC raised its position in shares of Visa by 16.4% during the fourth quarter. Journey Strategic Wealth LLC now owns 9,678 shares of the credit-card processor’s stock worth $3,058,000 after acquiring an additional 1,361 shares during the last quarter. Copley Financial Group Inc. bought a new stake in shares of Visa during the third quarter worth $616,000. Calamos Wealth Management LLC raised its position in shares of Visa by 0.6% during the fourth quarter. Calamos Wealth Management LLC now owns 77,443 shares of the credit-card processor’s stock worth $24,475,000 after acquiring an additional 435 shares during the last quarter. Finally, Oak Ridge Investments LLC increased its holdings in Visa by 5.9% in the fourth quarter. Oak Ridge Investments LLC now owns 75,456 shares of the credit-card processor’s stock valued at $23,847,000 after purchasing an additional 4,198 shares during the last quarter. Institutional investors own 82.15% of the company’s stock.

Analyst Ratings Changes

V has been the topic of several analyst reports. Keefe, Bruyette & Woods reaffirmed a “hold” rating on shares of Visa in a research report on Thursday, February 13th. Bank of America increased their target price on Visa from $331.00 to $363.00 and gave the stock a “neutral” rating in a research report on Friday, January 31st. Barclays lifted their target price on Visa from $361.00 to $396.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. Piper Sandler reiterated an “overweight” rating and issued a $383.00 price target (up previously from $368.00) on shares of Visa in a research report on Friday, January 31st. Finally, Raymond James reiterated an “outperform” rating and issued a $393.00 price target (up previously from $374.00) on shares of Visa in a research report on Friday, January 31st. Six investment analysts have rated the stock with a hold rating, twenty-three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $353.96.

View Our Latest Report on V

Insider Activity at Visa

In related news, insider Tullier Kelly Mahon sold 33,741 shares of the company’s stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $349.77, for a total value of $11,801,589.57. Following the completion of the sale, the insider now owns 36,566 shares in the company, valued at approximately $12,789,689.82. This represents a 47.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Ryan Mcinerney sold 8,620 shares of the company’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $363.00, for a total value of $3,129,060.00. Following the completion of the sale, the chief executive officer now owns 537 shares of the company’s stock, valued at $194,931. This represents a 94.14 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 64,505 shares of company stock worth $22,290,507. 0.13% of the stock is owned by insiders.

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.

About Visa

(Get Free Report)

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.