Alta Capital Management Llc/ 13F: Cuts Visa (V) Stake by $15M

On October 26, 2026, Alta Capital Management cut its position in Visa Inc. (V) by 41,336 shares, leaving it with 23,476 shares valued at approximately $8.4 million. This information comes from the firm's latest Form 13F filing with the SEC, which covers the quarter ending September 30, 2026.

The reduction in shares marks a 63.8% decrease in Alta Capital's holdings in Visa, dropping from 64,812 shares to 23,476 shares. The total reported value of this stake is about $8.4 million, which is a significant adjustment for the firm, given that the total value of its reported 13F is approximately $1.07 billion.

V Visa Inc.

$407.92 ▲ +18.44% year to date

1M 3M YTD

Daily close · Oct 23, 2026

Where Visa Fits in Alta Capital's Portfolio

Visa now accounts for 0.79% of Alta Capital's total portfolio, ranking 29th among its 215 positions. This reduction indicates a notable shift, as the dollar value change of about $14.9 million reflects a strategic decision by the fund.

Other Institutional Activity in Visa

Other funds have also made moves in Visa recently. Marathon Asset Management trimmed its stake by 39,122 shares, ending with 118,834 shares worth about $42.7 million. Tokio Marine Asset Management reduced its holdings by 3,797 shares, bringing its total to 146,282 shares valued at approximately $52.6 million. Meanwhile, TCI Fund Management Ltd increased its stake by 27,420 shares, holding 30,494,133 shares valued at about $12.3 billion.

Visa Inc. Stock Down 2.5%

Visa shares closed at $407.92 on October 23, 2026, and have recently traded around $404.16, which is about 0.9% below the closing price prior to the filing. This slight dip may influence investor sentiment as the stock approaches its next earnings report.

Recent Earnings

Visa reported trailing twelve-month revenue of approximately $44.5 billion, with a net margin of 50.8%. The next earnings report is scheduled for October 27, 2026, which could provide further insights into the company’s financial health and market position.

Dividend

Visa pays an annual dividend of $2.68 per share, with a dividend yield of approximately 0.66%. The payout ratio stands at 22.1%, indicating a sustainable dividend policy relative to earnings.

Insider Buying and Selling at Visa Inc.

Several insiders have sold shares recently, including CEO Ryan McInerney, who sold 5,875 shares at an average price of $367.87 on August 21, 2026, and General Counsel Julie B Rottenberg, who sold 2,028 shares at $381.35 on August 31, 2026. These transactions occurred before the quarter ended and reflect their ongoing stock management strategies.

Analysts Set New Price Targets

On October 26, 2026, Susquehanna maintained a Positive rating on Visa with a price target of $480. Earlier, Truist Securities maintained a Buy rating with a target of $443. Analysts generally maintain a positive outlook on Visa, reflecting confidence in its growth potential.

About Visa Inc.

Visa Inc. operates as a payment technology company, providing transaction processing services worldwide. Its VisaNet network enables secure payment transactions, playing a crucial role in the financial services sector.

Bottom Line

Investors will want to keep an eye on Visa's upcoming earnings report on October 27, 2026, and watch for further institutional activity as funds adjust their positions. Alta Capital's significant cut in its Visa holdings signals potential shifts in investment strategies or market outlook.