Visa Inc’s filing revealed that its GENERAL COUNSEL ROTTENBERG JULIE B unloaded Company’s shares for reported $0.87 million on Feb 03 ’25. In the deal valued at $340.00 per share,2,572 shares were sold. As a result of this transaction, ROTTENBERG JULIE B now holds 11,925 shares worth roughly $4.12 million.
Then, MCINERNEY RYAN sold 8,620 shares, generating $2,930,800 in total proceeds. Upon selling the shares at $340.00, the Chief Executive Officer now owns 0 shares.
Before that, ROTTENBERG JULIE B bought 2,572 shares. Visa Inc shares valued at $874,480 were divested by the Officer at a price of $340.00 per share.
Piper Sandler reiterated its Visa Inc [V] rating to an Overweight in a research note published on January 24, 2025; the price target was $368. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who increased its forecast for the stock in mid January from “a Neutral” to “a Buy”. Compass Point started covering the stock on September 04, 2024. It rated V as “a Buy”.
Price Performance Review of V
On Tuesday, Visa Inc [NYSE:V] saw its stock fall -0.19% to $345.15. Over the last five days, the stock has gained 3.19%. Visa Inc shares have risen nearly 9.21% since the year began. Nevertheless, the stocks have risen 24.58% over the past one year. While a 52-week high of $351.25 was reached on 01/31/25, a 52-week low of $252.70 was recorded on 01/13/25. SMA at 50 days reached $318.40, while 200 days put it at $286.82.
Levels Of Support And Resistance For V Stock
The 24-hour chart illustrates a support level at 343.12, which if violated will result in even more drops to 341.10. On the upside, there is a resistance level at 346.59. A further resistance level may holdings at 348.04. The Relative Strength Index (RSI) on the 14-day chart is 78.44, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 12.87, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 16.00%. Stochastics %K at 83.88% 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 2025-01-15, growing by 1.28 million shares to a total of 26.37 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 25.09 million shares. There was a rise of 4.86%, which implies that there is a positive sentiment for the stock.
