Visa edges higher as it outperforms market; insider sale and valuation in focus
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- Visa (V) closed at $331.24, up 1.27%, beating the S&P 500’s 0.19% gain.
- Zacks notes Visa had -2.93% prior short-term underperformance but still shows solid earnings growth expectations.
- Chief Risk & Client Services Officer Paul D. Fabara sold 7,556 shares for $2.5M under a pre-set Rule 10b5-1 plan.
- Recent quarter slightly beat estimates with EPS $2.98 vs. $2.97 and revenue $10.7B vs. $10.61B.
- Analysts maintain Buy/Strong Buy views, with forward P/E ~25x and price targets implying meaningful upside.