Large Outflow of Money Witnessed in Visa

Visa (V): The stock had negative money flow to the tune of ($9.91 million) on Tuesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $109.73 million, whereas, the outflow of money on downticks was $119.65 million and the ratio between the two was 0.92. The block trade had a negative net money flow of ($12.29 million). The total block trade value undertaken on upticks was $6.2 million. On the other hand, downticks amounted to $18.48 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.34. Visa (V) closed with marginal gains of 96 cents to end the day at $77.48, an increase of 1.25% over the previous days close. The stock recorded 1.39% for the week.


The company Insiders own 0.17% of Visa shares according to the proxy statements. Institutional Investors own 82.05% of Visa shares. In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (VICE CHAIR RISK & PUB POLICY) of Visa Inc., Richey Ellen had sold 18,736 shares worth of $1,384,028 in a transaction dated March 3, 2016. In this transaction, 18,736 shares were sold at $73.87 per share.

Shares of Visa Inc. appreciated by 3.76% during the last five trading days but lost 3.37% on a 4-week basis. Visa Inc. has dropped 1.15% during the last 3-month period . Year-to-Date the stock performance stands at 0.28%.

Visa (NYSE:V): stock turned positive on Tuesday. Though the stock opened at $76.68, the bulls momentum made the stock top out at $77.57 level for the day. The stock recorded a low of $76.55 and closed the trading day at $77.48, in the green by 1.25%. The total traded volume for the day was 10,245,511. The stock had closed at $76.52 in the previous days trading.

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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