Over the past few days, numerous investment and trust firms have either cut their stake or increased their holdings in VeriSign Inc. (VRSN). This includes Bank of Montreal Can, Achmea Investment Management B.V., and Asahi Life Asset Management CO. LTD.. These changes come after VeriSign posted Q3 results demonstrating strong revenue growth. The company also gave an optimistic forecast, positioning VeriSign as a potential long-term investment. However, concerns around the company's long-term profit quality and its current valuation continue to be a point of discussion among investors and analysts. The recent decline in their share price alongside insider selling by the Executive Vice President (EVP), Thomas Indelicarto, coupled with the initiation of coverage by JP Morgan with a 'Neutral' recommendation, further contributes to these concerns. Despite all this, Verisign has been rated 'Buy' by various brokerages.
Verisign VRSN News Analytics from Wed, 25 Jun 2025 07:00:00 GMT to Sat, 08 Nov 2025 09:02:39 GMT - Rating -3 - Innovation -4 - Information 6 - Rumor -2
