Invesco Ltd. and
Warren Buffett's Berkshire both reduced their stakes in
VeriSign. Moreover, a large number of shares were also sold by VeriSign's CEO. However, several companies like
Nuveen LLC and
Cookson Peirce & Co. Inc. have invested multi-million sums in VeriSign. The company managed to secure
strong fundamentals and mixed analyst signals in the latest stock analysis. A dividend update has been announced, but the ex-dividend date is not until 19th of August 2025. Several other firms, like
Citi and
Deutsche Bank AG, acquired loads of VeriSign shares.
Berkshire sold one-third of its VeriSign stake, worth $1.23 billion. In terms of earnings, Q2 came inline with expectations and resulted in strong revenue growth. VeriSign has increased its earnings and its share buyback exhibits a potential shift in capital allocation priorities.
Verisign VRSN News Analytics from Fri, 28 Mar 2025 07:00:00 GMT to Sun, 17 Aug 2025 01:27:02 GMT -
Rating 2
- Innovation 9
- Information -2
- Rumor -3