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Visa reported strong Q1 earnings, beating estimates, despite its CEO selling $2.98 million in shares.
Despite recent sales by some investors, Visa's stock performance remains strong.
The company reported Q1 earnings of $2.76 per share, beating estimates by $0.08, with revenue at $9.59 billion, meeting forecasts.
Visa’s stock has a "Moderate Buy" rating and a target price of $372.80.
Notably, Visa's CEO sold shares worth $2.98 million recently.
The company's market cap is $676.66 billion, with a P/E ratio of 36.97.
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Visa reportó fuertes ganancias del primer trimestre, superando las estimaciones, a pesar de que su CEO vendió 2.98 millones de dólares en acciones.