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Visa General Counsel Sells Shares After Earnings Release

Guavy AI Editorial Team
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Visa (NYSE:V) General Counsel Julie Rottenberg recently sold 2,028 shares of stock at an average price of $381.35, resulting in a total value of $773,377.80. This sale represents a 9.93% decrease in her position and follows the company's quarterly earnings release on July 28th.

The credit-card processor reported $3.32 earnings per share for the quarter, beating analysts' consensus estimates by $0.09. Visa's revenue was up 14.4% compared to the same quarter last year, reaching $11.63 billion.

Rottenberg now owns 18,404 shares of the company, valued at $7,018,365.40. The transaction was disclosed in a document filed with the SEC and was executed under a pre-arranged Rule 10b5-1 trading plan.

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