Visa director buys 1,575 shares

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Bobby Raines 03/19/2014

Alfred Kelly, who sits on the board of directors at Visa ( V ) , bought 1,575 shares of the company's common stock on March 17. At $222.70 per share, Kelly paid a total of $350,753 per share.

IK-> The technicals for V ($226.23 down $0.18) are bullish with an upward trend. Recent support has been around $220.77 and recent resistance has been around $227.18. Standard & Poor's has a three STARs (out of five) rating on the stock. Look at the June 185/190 bull-put spread for a 30-cent credit. That's a 6.4% return and the stock has to fall 16.0% to cause a problem.  [InvestorsKeyhole, Various news and data services]

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Originally published on InvestorsObserver.com



This article appears in: Investing , Options


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