VeriSign (VRSN) has been actively involved in several key finance activities in recent times. Several asset management firms have increased their stock positions in VeriSign. This includes the
Czech National Bank, Gateway Investment Advisers LLC, Pallas Capital Advisors LLC, and more. Meanwhile,
CEO D James Bidzos sold significant amounts of his shares.
Citi has raised the VeriSign's price target citing .com domain growth and financial advisory firms made new investments in the stock. The company reported Q2 results inline with expectations and was viewed optimistically by analysts after strong Q2 domain growth. Heavy conglomerate
Berkshire Hathaway sold a third of its stake in VeriSign for $1.23 billion. However, despite the sale, buying, selling, and investments, it's noted that the stock price is soaring and several advisors suggest a potential
upcoming earnings impact.
VeriSign's CEO also made a significant stock sale recently.
Thomas Frist, a long-standing board member, announced his resignation. Despite ups and downs, it's projected that VeriSign stock has great business potential, however, it might be overpriced for a fresh entry.
Verisign VRSN News Analytics from Fri, 28 Mar 2025 07:00:00 GMT to Sun, 21 Sep 2025 01:04:12 GMT -
Rating 6
- Innovation 2
- Information 6
- Rumor -3
