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 $815,314 were sold by ANDRESKI PETER M on Feb 07 ’25. At $349.62 per share, ANDRESKI PETER M sold 2,332 shares. The insider’s holdings dropped to 4,488 shares worth approximately $1.58 million following the completion of this transaction.
Also, MAHON TULLIER KELLY sold 33,741 shares, netting a total of over 11,801,529 in proceeds. Following the sale of shares at $349.77 each, the insider now holds 36,566 shares.
Before that, ANDRESKI PETER M had added 2,332 shares to its account. In a trade valued at $815,314, the Officer bought Visa Inc shares for $349.62 each.
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 0.59%. Over the course of the year, Visa Inc shares have jumped approximately 11.22%. Shares of the company reached a 52-week high of $352.12 on 02/11/25 and a 52-week low of $303.84 on 01/13/25. A 50-day SMA is recorded $323.03, while a 200-day SMA reached $289.12. Nevertheless, trading volume fell to 6.76 million shares from 5.15 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 348.71, which, if violated, would cause prices to drop to 345.93. In the upper region, resistance lies at 353.05. The next price resistance is at 354.61. RSI (Relative Strength Index) is 78.38 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 7.63, which suggests the price will increase in the coming days. Percent R is at 2.59%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
