The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Visa Inc shares valued at $2,739,264 were sold by MCINERNEY RYAN on Jan 02 ’25. At $317.78 per share, MCINERNEY RYAN sold 8,620 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, MCINERNEY RYAN purchased 8,620 shares, netting a total of over 2,739,264 in proceeds.
Before that, Taneja Rajat had sold 28,237 shares from its account. In a trade valued at $8,918,092, the PRESIDENT, TECHNOLOGY traded Visa Inc shares for $315.83 each. Upon closing the transaction, the insider’s holdings decreased to 28,237 shares, worth approximately $79.63 million.
As published in a research note from Piper Sandler on January 24, 2025, Visa Inc [V] has been retained to an Overweight and the price target has been revised to $368. Analysts at Seaport Research Partners upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid January. Earlier on September 04, 2024, Compass Point initiated its rating. Their recommendation was “a Buy” for V stock.
Analyzing V Stock Performance
During the last five days, there has been a surge of approximately 4.52%. Over the course of the year, Visa Inc shares have jumped approximately 8.55%. Shares of the company reached a 52-week high of $344.44 on 01/30/25 and a 52-week low of $303.84 on 01/13/25. A 50-day SMA is recorded $316.42, while a 200-day SMA reached $285.73. Nevertheless, trading volume fell to 7.96 million shares from 5.09 million shares the previous day.
Support And Resistance Levels for Visa Inc (V)
According to the 24-hour chart, there is a support level at 339.89, which, if violated, would cause prices to drop to 336.72. In the upper region, resistance lies at 345.33. The next price resistance is at 347.60. RSI (Relative Strength Index) is 80.33 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 14.20, which suggests the price will increase in the coming days. Percent R is at 3.42%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
