Shares of Visa (NYSE:V) Sees Large Inflow of Net Money Flow

Visa (NYSE:V) saw its share price trade relatively negative in the recent trading session. The share price was last updated to $78.62 with a loss of -1.56 points or -1.95%. The net money flow was $8.05 million and the up/down ratio was 1.1. Approximately $92.36 million was the inflow in upticks and $84.31 million was the outflow in downticks. On a weekly measure, the shares have seen a price change of -1.66%.The shares witnessed a block transaction with a net money flow of $14.17 million. The total money in uptick was $16.63 million and in downtick was $2.46 million with the up/down ratio reaching 6.76.


Currently the company Insiders own 0.17% of Visa shares according to the proxy statements. Institutional Investors own 82.04% of Visa shares. On the companys insider trading activities,The officer (VICE CHAIR RISK & PUB POLICY) of Visa Inc., Richey Ellen sold 18,736 shares at $73.87 on March 3, 2016. The Insider selling transaction had a total value worth of $1,384,028. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Visa (NYSE:V) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.78 points or 2.22% at $78.4 with 10,424,584 shares getting traded. Post opening the session at $79, the shares hit an intraday low of $78.38 and an intraday high of $80.18 and the price was in this range throughout the day. The company has a market cap of $170,062 million and the number of outstanding shares have been calculated to be 2,169,163,500 shares. The 52-week high of Visa (NYSE:V) is $81.73 and the 52-week low is $60.

Many analysts have stated their opinion on the company shares. In the latest statement by the brokerage house, Oppenheimer maintains its outlook on Visa (NYSE:V). The current rating of the shares is Outperform, according to the research report released by the firm. The brokerage firm raises the price target from $85 per share to $90 per share. The rating by the firm was issued on June 10, 2016.

Visa Inc. is a payments technology company. The Company is engaged in operating a processing network, VisaNet, which facilitates authorization, clearing and settlement of payment transactions across the world. The Company provides its services to consumers, businesses, financial institutions and governments in more than 200 countries and territories for electronic payments. The Company offers fraud protection for account holders and rapid payment for merchants. The Company provides a variety of payment solutions that support payment products that issuers can offer to their account holders, such as pay now with debit, pay ahead with prepaid or pay later with credit products. The Company offers a suite of digital, eCommerce and mobile products and services.

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