AMS Capital Ltda Boosts Stake in Visa Inc.

AMS Capital Ltda, an investment firm, has increased its stake in Visa Inc. (NYSE:V) by 78.2% in the first quarter of this year. According to the company's most recent Form 13F filing with the Securities and Exchange Commission (SEC), AMS Capital Ltda now owns 56,091 shares of Visa stock, which is valued at $16.953 million.

This represents about 6.6% of AMS Capital Ltda's total holdings, making Visa its seventh-largest position. The company acquired an additional 24,608 shares during the quarter, resulting in this significant increase in stake.

Visa reported strong earnings for fiscal third-quarter EPS of $3.32, above the consensus estimate of $3.23, while revenue reached $11.63 billion, up 14.4% year over year and ahead of expectations.