The PRESIDENT, TECHNOLOGY of Visa is Exercising Options


Yesterday it was reported that the PRESIDENT, TECHNOLOGY of Visa (V), Rajat Taneja, exercised options to sell 75,000 V shares at $53.63 a share, for a total transaction value of $15.59M.

This is Taneja’s first transaction since reporting a Sell transaction on EA back in August 2013 In addition to Rajat Taneja, one other V executive reported Sell trades in the last month.

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Based on Visa’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $6.05 billion and quarterly net profit of $3.15 billion. In comparison, last year the company earned revenue of $5.51 billion and had a net profit of $2.87 billion. The company has a one-year high of $211.50 and a one-year low of $143.18. The Company has a Price to Book ratio of 15.2376.

Rajat Taneja’s trades have generated a -44.1% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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