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Verisign VRSN - News Analyzed: 7,369 - Last Week: 100 - Last Month: 400

↗ VeriSign VRSN Witnesses Mixed Market Signals with Buybacks and Major Stake Sales

VeriSign VRSN Witnesses Mixed Market Signals with Buybacks and Major Stake Sales
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

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