Giverny Capital Trims Stake in Visa by 1.6%
Visa Inc.'s stock has seen some significant changes in its ownership structure over the past few quarters. Giverny Capital Inc., a major investor, decreased its position in Visa by 1.6% during the second quarter. This change was reported through Giverny's most recent 13F filing with the SEC.
According to the filing, Giverny Capital owned 389,900 shares of Visa stock after selling 6,457 shares during the quarter. At the end of the quarter, these holdings were worth $133,771,000, making up a substantial 4.5% of Giverny's investment portfolio.
Visa Inc. is a global payments technology company that facilitates electronic funds transfers and digital commerce through its vast network. The company operates one of the world's largest payment networks, providing various services for credit, debit, and prepaid card transactions.