VeriSign (VRSN) has seen a consistent rise in its popularity and investments as showcased by a multitude of financial institutions increasing their shares in the company. DekaBank Deutsche Girozentrale, Catalyst Capital Advisors LLC, IFM investors Pty Ltd, Principal Financial Group Inc and many more have either newly invested or increased their stakes in Verisign. There's been notable insider selling from VeriSign's CEO and EVP, receiving significant liquidity from shares sale. Citi has not only maintained a buy rating for the company, but has increased the target price, predicting a bullish behavior for VeriSign’s stock. Their CEO's multi-million stock sale along with price target raises show high confidence in the company's performance. However, some organizations have trimmed their position indicating they are perhaps looking to diversify their portfolio. A standout event was the resignation of Thomas Frist from the board of directors. It’s crucial for potential investors to consider these dynamic movements before investing.
Verisign VRSN News Analytics from Sun, 24 Nov 2024 08:00:00 GMT to Sat, 12 Jul 2025 21:04:53 GMT -
Rating 7
- Innovation 6
- Information 9
- Rumor -4
