Balyasny Asset Management,
D. E. Shaw & Co.,
Caxton Associates,
Freestone Grove Partners,
BNP Paribas Financial Markets, and others have significantly increased their holdings in
VeriSign, Inc. (NASDAQ:VRSN), clearly demonstrating robust investor confidence. However,
Yehuda Buchalter, a Verisign Director, has sold 600 shares, and some other entities have slightly reduced their position. The company demonstrated a positive quarterly earnings result, with a revenue in line with expectations. Its Q4 earnings notably outperformed other e-commerce software stocks.
Citi and
Baird have increased their price target for VRSN due to strong domain growth. Despite some skepticism,
Berkshire Hathaway has expanded its stake in Verisign. The company has further revealed its first dividend in 14 years. The relatively stable stock is considered a safe bet during uncertain times. However, despite the current investor confidence and positive domain growth, the company's future performance is believed to be unsure.
Verisign VRSN News Analytics from Sun, 24 Nov 2024 08:00:00 GMT to Sat, 10 May 2025 20:38:31 GMT -
Rating 7
- Innovation -5
- Information 4
- Rumor -3
