VeriSign, Inc. (VRSN) experienced considerable shifts in its stock holding by several investment management firms. While Twin Tree Management LP, Comerica Bank, Te Ahumairangi Investment Management Ltd, Rafferty Asset Management LLC and others trimmed their VRSN holdings, groups like Kestra Advisory Services, Amundi, Evergreen Capital, and Alliancebernstein significantly boosted theirs. Notably, Canada Pension Plan Investment Board acquired 119,368 VRSN shares and Epoch Investment Partners Inc. maintains a $117.32 million position in the company. Despite Berkshire Hathaway and Rep. Lisa C. McClain selling off significant VRSN shares, the company boasted robust Q2 domain growth, strong Q2 results, and positive analyst optimism which spurred purchases by other key investors. VeriSign's business trajectory seems to have altered, projecting improved valuation and potential re-rating. In line with expectations, Q2 results showcased solid revenue growth and strategic initiatives. Speculations for the VRSN stocks are mixed considering the recent stock sales and the strong business performance, making it an intriguing option for investors.
Verisign VRSN News Analytics from Sat, 15 Feb 2025 08:00:00 GMT to Sat, 06 Sep 2025 22:20:35 GMT -
Rating 5
- Innovation 2
- Information 6
- Rumor -4
