Large Inflow of Money Detected in Visa

Visa (V) : On Monday, The money flowed into the Visa (V) stock with an uptick to downtick ratio was recorded at 1.36. Transactions worth $74.31 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $54.72 million. The total money flow into the stock was $19.59 million. The block trades reveal a bullish bias with an up-down ratio of 4.01. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $26.91 million of block transactions on upticks. The value of block trades on downticks was $6.7 million, indicating lower selling interest. The total money flow in block trades was $20.2 million. In terms of price action, Visa (V) traded down $0.1 during the session at $80.02. Compared to the previous days closing, the stock was down only by -0.12%. For the week, the stock is -0.15%, over previous weeks closing.


Shares of Visa Inc. rose by 1.2% in the last five trading days and 3.33% for the last 4 weeks. Visa Inc. is up 4% in the last 3-month period. Year-to-Date the stock performance stands at 4.72%.

Visa (NYSE:V): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $80.13 and $80.02 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $81.15. The buying momentum continued till the end and the stock did not give up its gains. It closed at $80.91, notching a gain of 1.11% for the day. The total traded volume was 6,290,330 . The stock had closed at $80.02 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Richey Ellen, officer (VICE CHAIR RISK & PUB POLICY) of Visa Inc., had unloaded 18,736 shares at an average price of $73.87 in a transaction dated on March 3, 2016. The total value of the transaction was worth $1,384,028.

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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