Visa Inc. (V) is one of the largest digital payment companies in the world. It serves individual consumers, merchants, governments, and financial institutions in more than 200 countries. The company doesn't issue debit or credit cards directly but provides card services to major financial clients as well as authorization, clearing, and settlement. Visa generates revenue thro🅷ugh selling its services as a middleman between mercཧhants and financial institutions.

The top shareholders of Visa are Rajat Tane𒀰ja, Ryan McInerney, Alfred F. Kelly, Vanguard Group Inc., BlackRock Inc., and State✤ Street Corporation.

Visa's trailing-12-month (TTM) revenue was $34.91 billion and TTM net income was $23.37 billion as of Aug. 2, 2024. The company had a market capitalization of $518.73 billion at that time.

Top 3 Individual Insider Shareholders

This information addresses only direct ownership. It doesn't include indirect ownership of shares or shares that are accessible through stock options.

Rajat Taneja

Rajat Taneja owns 259,791 shares of Visa representing less than 0.01% of all outstanding shares, according to Visa's 2024 proxy statement.

Taneja is president of Technology for Visa, a role that oversees the company's technology innovation and investment, product engineering, global IT, and similar operations. He has held this position since 2019, previously having served as executive vice president in the same area.

Taneja joined Visa in 2013. He was executive vice president and chief technology officer of video game company Electronic Arts Inc. (EA) before joining Visa and served in multiple roles at Microsoft Corp. (MSFT).

Ryan McInerney

Ryan McInerney holds 211,316 shares of Visa Class A stock representing less than 0.01% of all outstanding shares, according to Visa's 2024 Proxy Statement filed with the SEC.

McInerney is the CEO of Visa after succeeding Alfred Kelly in 2023. He's been with Visa since 2013, previously serving as the president.

McInerney worked for JPMorgan Chase before working at Visa. He held roles as chief risk officer and chief operating officer for the bank's consumer lending business and later became chief executive officer. He also served as a principal at McKinsey and Company.

Alfred F. Kelly

Alfred F. Kelly owns 201,354 shares of Visa representing less than 0.01% of all outstanding shares, according to Visa's 2024 Proxy statement.

Kelly became the CEO of Visa in December 2016 and chair of the company's board of directors in April 2019. He stepped down from both positions in 2023.

He held senior positions at companies including American Express Company (AXP) before he arrived at Visa. He also served as head of information systems at the White House.

Top 3 Institutional Shareholders

澳洲幸运5官方开奖结果体彩网:Institutional investors hold the majority of Visa shares at 92.51% of total shares outstanding as of Aug. 2, 2024.

Vanguard Group Inc. 

Vanguard Group owned 142.2 million shares of Visa representing 8.51% of total shares outstanding as of Aug. 2, 2024.

The company is primarily a mutual fund and ETF management company with about $8 trillion in global AUM. The Vanguard Dividend Appreciation ETF (VIG) tracks a market-cap-weighted index of U.S. companies that have increased their annual dividends for at least 10 consecutive years and it owns Visa. The company is the fourth-largest holding and represents about 2.4% of the fund's portfolio.

BlackRock Inc.

BlackRock owned 127.3 million shares of Visa representing 7.62% of total shares outstanding as of Aug. 2, 2024.

The company is primarily a mutual fund and ETF management company with approximately $10.5 trillion in AUM. The iShares U.S. Financial Services ETF (IYG) owns Visa, its third-largest holding at 8.64% of the fund's portfolio.

State Street Corporation

State Street held 73.54 million shares of Visa representing 4.4% of total shares outstanding as of Aug. 2, 2024.

State Street has been providing financial services and investment products to institutional investors across the world since 1792. Its services include risk analytics and portfolio management. It provides exchange-traded funds under the SPDR ETF brand among numerous other products, services, and solutions.

The Bottom Line

Visa is one of the world's largest credit card payment and processing networks with customers and clients worldwide. The company's biggest shareholders are institutions like Vanguard and BlackRock which hold Visa stock on behalf of their clients and investors.