In a filing, Visa Inc revealed 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 $71.74 million.
Seaport Research Partners upgraded its Visa Inc [V] rating to a Buy from a a Neutral in a research note published recently. Compass Point began covering V with “Buy” recommendation on September 04, 2024. Exane BNP Paribas revised its rating on September 03, 2024. It rated V as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of V
On Tuesday, Visa Inc [NYSE:V] saw its stock jump 0.71% to $309.09. Over the last five days, the stock has lost -1.26%. Visa Inc shares have fallen nearly -2.20% since the year began. Nevertheless, the stocks have risen 17.07% 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 01/13/25. SMA at 50 days reached $310.79, while 200 days put it at $282.92.
Levels Of Support And Resistance For V Stock
The 24-hour chart illustrates a support level at 307.69, which if violated will result in even more drops to 306.28. On the upside, there is a resistance level at 310.33. A further resistance level may holdings at 311.56. The Relative Strength Index (RSI) on the 14-day chart is 44.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.34%. Stochastics %K at 19.37% indicates the stock is a buying.
How much short interest is there in Visa Inc?
A steep rise in short interest was recorded in Visa Inc stocks on 2024-12-31, growing by 6.81 million shares to a total of 30.26 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 23.45 million shares. There was a rise of 22.51%, which implies that there is a positive sentiment for the stock.
