Bell Bank 13F: Cuts Visa (V) Stake by $1.4M

Bell Bank trimmed its investment in Visa Inc. NYSE:V during the quarter, lowering its stake by 21.9% according to a Form 13F filing on October 21, 2026.

V Visa Inc.

$407.85 ▲ +18.42% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in Bell Bank's Visa Inc. Position

The financial institution sold 3,848 shares of the payment technology company during the period. That left Bell Bank with 13,665 shares of Visa, down from its previous total of 17,513 shares. The remaining shares carried a reported value of $4,910,244 at the time of the filing.

Other Institutional Activity in Visa Inc.

Other large funds have also adjusted their positions in the credit services giant. TCI Fund Management Ltd grew its holdings by 27,420 shares, ending with 30,494,133 shares worth about $12,437,032,330.

Visa Inc. Stock Up 2.1%

Visa shares recently traded around $406.57 as of October 22, 2026, down about 0.3% from the closing price of $407.85 on the filing date. The stock recently changed hands near its 52-week high of $404.74, sitting well above its 50-day moving average of $373.31 and its 200-day moving average of $339.45. The company commands a market capitalization of roughly $756.4 billion and has a price-to-earnings ratio of 34.29.

Recent Earnings

Visa reported trailing twelve-month revenue of $44.49 billion and earnings of $11.75 per share. The company posted a net profit margin of 50.8% alongside a return on equity of 61.2%. Year-over-year revenue growth reached 14.4%. Investors look ahead to the company's next earnings report, scheduled for October 27, 2026.

Dividend

Visa pays an annual dividend of $2.68 per share, giving investors a dividend yield of 0.67%. The company allocates 22.1% of its earnings to dividend payments through its payout ratio.

Insider Buying and Selling at Visa Inc.

Company insiders have made several stock transactions in recent months. Chief Executive Officer Ryan McInerney sold 5,875 shares on August 21, 2026, at an average price of $367.87 for a total of $2,161,236. General Counsel Julie B Rottenberg sold 2,028 shares on August 31, 2026, at $381.35 per share, totaling $773,378. Later, Ryan McInerney sold another 5,875 shares on September 1, 2026, at $379.65 per share for $2,230,444. Finally, Julie B Rottenberg sold 1,867 shares on September 9, 2026, at $368.34 per share, realizing $687,691.

Analysts Set New Price Targets

Wall Street firms continue to update their views on Visa. On August 3, 2026, Cantor Fitzgerald maintained an Overweight rating on the stock while lifting its price target from $410.00 to $445.00. Truist Securities kept a Buy rating on August 5, 2026, raising its target from $394.00 to $406.00. Wolfe Research maintained an Outperform rating on August 25, 2026, bumping its target from $435.00 to $460.00. RBC Capital followed on August 31, 2026, keeping an Outperform rating and boosting its target from $412.00 to $466.00. Baird maintained an Outperform rating on October 12, 2026, raising its target from $420.00 to $430.00. Overall, the stock holds a consensus rating of strong_buy with 37 analysts covering the company and an average price target of $422.77.

About Visa Inc.

Visa Inc. operates a global payment technology network connecting consumers, merchants, financial institutions, and government entities across more than 200 countries and territories. The company handles digital payments through its VisaNet processing system, enabling secure authorization, clearing, and settlement of funds. Institutional adjustments like Bell Bank's recent reduction offer a window into how smaller banks manage their large-cap equity portfolios alongside broader market trends.

Bottom Line

Market participants will be watching Visa's upcoming earnings report on October 27, 2026, for updates on transaction volumes and revenue growth. Institutional filings and analyst revisions will continue to shape expectations for the payments leader as it trades near record highs.