VeriSign (VRSN) continues to see steady trading while their revenue growth remains consistent. Elevate Capital Advisors LLC and Ninety One UK Ltd hold considerable stakes in VeriSign, while firms like J. Safra Sarasin Holding AG and Robeco Institutional Asset Management B.V. have acquired a significant amount of shares. Despite concerns brought up by the headline 'VeriSign: The Internet Might Stick Around, But Not Me In This Stock', VeriSign has reported Q2 results in line with expectations, causing an encouraging investment narrative around Q2's strong domain growth. This narrative shift may be why VeriSign's shares are trading high.
Regardless of the question on how attractive VeriSign's business model is, the company's valuation is appealing post strong Q2 results. VeriSign's stock predictions remain optimistic as they upgrade their 2025 guidance, even as heavy stakeholders, such as Berkshire Hathaway, sold substantial amounts of shares. Baird maintains a 'Buy' rating on VeriSign, raising the target price to $255. Despite Akamai's 40% rise this year, investors still question whether it's a better pick than VeriSign.
Verisign VRSN News Analytics from Wed, 27 Jul 2016 05:23:26 GMT to Sat, 04 Oct 2025 11:06:05 GMT - Rating 6 - Innovation 3 - Information 7 - Rumor -2
