Lombard Odier Sells Over 9,000 Shares of Visa

Lombard Odier Asset Management Europe Ltd reduced its position in Visa Inc. shares by selling 9,146 shares in the first quarter, according to a recent SEC filing.

The institutional investor owned 11,065 shares of Visa's stock after the sale, valued at approximately $3,344,000 as of its most recent SEC filing.

This represents a decrease of about 45.3% from their position in the previous quarter.

Visa reported strong earnings in its fiscal third-quarter report, with EPS of $3.32 beating expectations and revenue reaching $11.63 billion, up 14.4% year-over-year.