Chief Risk Officer Paul D Fabara sold 7,556 shares of VISA at $331.45 for $2.5M; stock now at $329.62, -11.7% from 52-week high.
Fabara sold 7,556 shares (22.2% of pre-transaction holdings) at $331.45 in early December, reducing his stake from 33,969 to 26,413 shares. Notably, his prior 5 sales at Visa were uniformly well-timed at the 90-day mark, each yielding negative post-sale returns—a 100% success rate that suggests consistent timing acuity at this specific ticker. The current price of $329.62 sits -11.7% from the 52-week high of $373.31, and the 30-day and 90-day declines of -3.3% and -6.1% are already unfolding, consistent with the downward pattern he has captured in previous Visa exits. Against this backdrop, Visa's fundamentals remain solid (P/E 7.51, $5.3B net income on $10.2B quarterly revenue, +11.3% annual growth), offering no obvious distress signal. The sale appears discretionary rather than a forced liquidation, and the modest post-transaction decline aligns with his established pattern of executing sells ahead of price weakness.