Visa Inc’s recent filing unveils that its Chief Executive Officer MCINERNEY RYAN unloaded Company’s shares for reported $2.74 million on Jan 02 ’25. In the deal valued at $317.78 per share,8,620 shares were sold. As a result of this transaction, MCINERNEY RYAN now holds 0 shares worth roughly $0.0.
Then, MCINERNEY RYAN bought 8,620 shares, generating $2,739,264 in total proceeds.
Before that, Taneja Rajat sold 28,237 shares. Visa Inc shares valued at $8,918,092 were divested by the PRESIDENT, TECHNOLOGY at a price of $315.83 per share. As a result of the transaction, Taneja Rajat now holds 232,112 shares, worth roughly $72.34 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 Tuesday, Visa Inc [NYSE:V] saw its stock fall -0.44% to $311.67. Over the last five days, the stock has lost -1.15%. Visa Inc shares have fallen nearly -1.38% since the year began. Nevertheless, the stocks have risen 20.02% over the past one year. While a 52-week high of $321.61 was reached on 01/02/25, a 52-week low of $252.70 was recorded on 01/07/25. SMA at 50 days reached $308.83, while 200 days put it at $282.36.
Levels Of Support And Resistance For V Stock
The 24-hour chart illustrates a support level at 310.26, which if violated will result in even more drops to 308.86. On the upside, there is a resistance level at 314.13. A further resistance level may holdings at 316.60. The Relative Strength Index (RSI) on the 14-day chart is 47.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.50%. Stochastics %K at 30.25% indicates the stock is a holding.
How much short interest is there in Visa Inc?
A steep rise in short interest was recorded in Visa Inc stocks on 2024-12-13, growing by 4.75 million shares to a total of 25.09 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 20.34 million shares. There was a rise of 18.93%, which implies that there is a positive 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.
