Visa Inc’s recent filing unveils that its CHIEF RISK & CLIENT SVCS OFC Fabara Paul D unloaded Company’s shares for reported $0.67 million on Nov 22 ’24. In the deal valued at $307.97 per share,2,171 shares were sold. As a result of this transaction, Fabara Paul D now holds 17,894 shares worth roughly $5.64 million.
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Then, Fabara Paul D bought 2,171 shares, generating $668,603 in total proceeds.
Before that, ROTTENBERG JULIE B sold 2,572 shares. Visa Inc shares valued at $741,996 were divested by the GENERAL COUNSEL at a price of $288.49 per share. As a result of the transaction, ROTTENBERG JULIE B now holds 5,893 shares, worth roughly $1.86 million.
A number of analysts have revised their coverage, including Compass Point’s analysts, who began to cover the stock in early September with a ‘”a Buy”‘ rating. Exane BNP Paribas also remained covering V and has increased its forecast on September 03, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. BofA Securities revised its rating on July 10, 2024. It rated V as “a Neutral” which previously was an “a Buy”.
Price Performance Review of V
On Friday, Visa Inc [NYSE:V] saw its stock jump 0.12% to $315.08. Over the last five days, the stock has gained 1.67%. Visa Inc shares have risen nearly 21.02% since the year began. Nevertheless, the stocks have risen 23.94% over the past one year. While a 52-week high of $316.37 was reached on 11/27/24, a 52-week low of $251.61 was recorded on 07/25/24. SMA at 50 days reached $291.48, while 200 days put it at $278.39.
Levels Of Support And Resistance For V Stock
The 24-hour chart illustrates a support level at 313.77, which if violated will result in even more drops to 312.46. On the upside, there is a resistance level at 316.32. A further resistance level may holdings at 317.56. The Relative Strength Index (RSI) on the 14-day chart is 70.46, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.86, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.71%. Stochastics %K at 85.34% indicates the stock is a selling.
How much short interest is there in Visa Inc?
A steep rise in short interest was recorded in Visa Inc stocks on 2024-11-15, dropping by -1.75 million shares to a total of 20.34 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 22.09 million shares. There was a decline of -8.59%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on April 11, 2024 when TD Cowen began covering the stock and recommended ‘”a Buy”‘ rating along with a $320 price target.
