Visa Stake Cut by Nearly Half as Institutional Investor Reduces Holdings
Osmosis Investment Management UK Ltd reduced its stake in Visa Inc. (NYSE: V) by nearly half in the second quarter, according to a recent SEC filing.
The institutional investor owned approximately 55,770 shares of Visa's stock after selling 53,631 shares during the quarter.
This decrease represents a significant change for Osmosis Investment Management UK Ltd, which had previously held a larger stake in Visa's stock.
V is currently trading at $371.09 per share and has a market capitalization of over $662 billion.