The recent news surrounding VeriSign (VRSN) has been quite eventful. JPMorgan has raised VRSN's target noting better trends in the domain sector. Numerous investment and retirement companies such as the Retirement Systems of Alabama, Summit Global Investments, and AustralianSuper Pty Ltd have either taken a new position in VeriSign or increased their already-existing shares. However, there have also been cases of stocks sold by entities like Teacher Retirement System of Texas and Mitsubishi UFJ Trust & Banking Corp.
The company's share prices have seen some fluctuations and many have voiced their own opinions about VRSN's valuation after recent share price performances. Their Q3 results exceeded expectations and showed strong revenue growth, but some analysts remain apprehensive about the company's valuation and margin decline.
Insiders, including D James Bidzos and Thomas Indelicarto, made headlines by selling stocks. This was consequently followed by a reduction in Berkshire Hathaway's stake in VeriSign, selling one-third for a significant $1.23 billion. However, bullish tendencies persist as financial companies and independent investors continue to invest in VRSN, seemingly confident in its future prospects
Verisign VRSN News Analytics from Fri, 28 Mar 2025 07:00:00 GMT to Sat, 31 Jan 2026 21:30:48 GMT - Rating -1 - Innovation 3 - Information 7 - Rumor -3
