Institutional Investors Boost Visa Holdings by Up to 68.9%, Average TP at $401.46
Belpointe Asset Management increased its Visa stake by 8.1% to 21,852 shares (valued at $7.46M) in Q3, while Brighton Jones LLC, Revolve Wealth Partners and other funds boosted holdings by 50.1%–68.9%, raising institutional ownership to 82.15%. Five analysts raised ratings, with price targets at $374–$400 and an average of $401.46.
1. Belpointe’s Increased Stake in Visa
Belpointe Asset Management LLC lifted its position in Visa Inc. by 8.1% during the third quarter, according to its latest 13F filing with the Securities and Exchange Commission. The fund added 1,640 shares to reach a total holding of 21,852 shares by quarter-end. At that time, Belpointe’s Visa stake was valued at approximately $7.46 million, reflecting the firm’s confidence in the credit-card processor’s long-term growth prospects and strong cash-flow generation.
2. Shifts Among Other Institutional Investors
Several other asset managers also adjusted their Visa exposure in the most recent reporting periods. Brighton Jones LLC boosted its holdings by 50.1%, adding 6,883 shares to reach 20,635 shares. Revolve Wealth Partners LLC expanded its position by 68.9% with an additional 4,817 shares, bringing its total to 11,811 shares. Nicholas Hoffman & Company increased its stake by 4.6%, acquiring 477 shares for a total of 10,941. New positions and modest increases were reported by Patton Fund Management Inc. and Cove Private Wealth LLC, while overall institutional ownership remains concentrated, accounting for over 82% of outstanding shares.
3. Consensus Analyst Upgrades Reflect Bullish Sentiment
Visa has been the subject of multiple upward rating revisions from major brokerage firms in recent months. Wells Fargo & Company assigned a strong-buy recommendation, while Bank of America moved its rating from neutral to buy. Cantor Fitzgerald initiated coverage with an overweight rating. Truist Financial and HSBC Global Research also set above-consensus price targets. Collectively, four analysts now carry strong-buy ratings, twenty assign buy ratings and four maintain hold ratings, resulting in an average analyst view categorized as “buy.”
4. Insider Sales and Ownership Trends
Insiders have slightly reduced their Visa holdings in recent months. CEO Ryan McInerney sold 10,485 shares in November, representing a 95.1% reduction in his direct stake, while Executive Vice President Paul D. Fabara sold 2,172 shares, a 7.6% decrease. Over the past three months, insiders disposed of 24,042 shares valued at over $8.2 million. Despite these transactions, insider ownership remains minimal at approximately 0.12% of total shares, indicating that company executives continue to hold meaningful positions aligned with shareholder interests.