VeriSign (VRSN), a leading provider of domain registry services and internet infrastructure, is expected to announce its quarterly results on Thursday. There's high anticipation for the company's earnings, particularly thanks to
Citi increasing VeriSign's price target following a surge in .com domain growth. Moreover, investing in VeriSign a year ago could've generated a return of about
59%, and its options for October 17th are now available for interested investors. However, there are movements concerning the company's stocks as some entities are choosing to sell their shares. Both
Envestnet Asset Management Inc. and the
New York State Common Retirement Fund have sold their shares in VeriSign. Simultaneously, several firms such as
Parcion Private Wealth LLC,
Xponance Inc.,
Cerity Partners LLC,
Cwm LLC, and
OMNI 360 Wealth Inc. have acquired new shares in the company. Yet, the company faces an uncertain outlook considering the insider selling by VeriSign CEO, where he sold 2,000 shares of company stock. The company is expected to report its Q2 2025 financial results soon, suggesting it's a critical time for VeriSign. The company's stock has hit a new 12-month high, explaining why the business remains attractive for many investors.
Verisign VRSN News Analytics from Wed, 18 Sep 2024 07:00:00 GMT to Sat, 19 Jul 2025 20:42:35 GMT -
Rating 6
- Innovation -1
- Rumor 4
