Large Outflow of Money Witnessed in Visa

Visa (V) : The total money flow in Visa (V) was negative ($8.67 million), showing the domination of sellers in the Friday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $72.84 million. Transactions on upticks were comparatively lower at $64.17 million. The uptick to downtick ratio was 0.88. The total block trades done on upticks were valued at $1.3 million. The total block trades on downticks were valued at $9.03 million. The uptick to the downtick ratio of block trades was 0.14. The money flow during block trades was negative ($7.74 million) when the stock traded with a gain of $70 cent. Visa (V) was $82, an increase of 0.86% over the previous days close.


The company Insiders own 0.17% of Visa shares according to the proxy statements. Institutional Investors own 80.51% of Visa shares.

In a related news, Richey Ellen, officer (VICE CHAIR RISK & PUB POLICY) of Visa Inc., unloaded 18,736 shares at an average price of $73.87 on March 3, 2016. The total amount of the transaction was worth $1,384,028, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Visa (NYSE:V): The stock opened at $81.57 and touched an intraday high of $82.145 on Friday. During the day, the stock corrected to an intraday low of $81.5, however, the bulls stepped in and pushed the price higher to close in the green at $82 with a gain of 0.86% for the day. The total traded volume for the day was 6,408,854. The stock had closed at $81.3 in the previous trading session.

Visa (V) : Traders are bullish on Visa (V) as it has outperformed the S&P 500 by a wide margin of 2.46% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.26%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.77% in the last 1 week, and is up 2.32% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

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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