Key Points
- D. James Bidzos sold 5,000 VeriSign shares on December 16 at an average price of $241.79 for $1,208,950, and after the sale owned 425,099 shares valued at about $102.78 million, a 1.16% drop in his ownership.
- He has been consistently selling since mid‑October — a total of 37,000 shares across trades from October 15 to December 17, generating roughly $9.28 million in proceeds.
- For context, VeriSign trades near $244 (opened at $244.39), has a market cap of about $22.65 billion, a P/E of 28.48, a 1‑year range of $191.12–$310.60, and pays a $0.77 quarterly dividend (≈$3.08 annual, ~1.3% yield).
VeriSign, Inc. (NASDAQ:VRSN - Get Free Report) CEO D James Bidzos sold 2,000 shares of the business's stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $244.25, for a total transaction of $488,500.00. Following the transaction, the chief executive officer directly owned 423,099 shares in the company, valued at $103,341,930.75. This trade represents a 0.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
D James Bidzos also recently made the following trade(s):
- On Tuesday, December 16th, D James Bidzos sold 5,000 shares of VeriSign stock. The shares were sold at an average price of $241.79, for a total transaction of $1,208,950.00.
- On Wednesday, December 10th, D James Bidzos sold 2,000 shares of VeriSign stock. The stock was sold at an average price of $242.07, for a total transaction of $484,140.00.
- On Tuesday, December 9th, D James Bidzos sold 5,000 shares of VeriSign stock. The shares were sold at an average price of $244.59, for a total transaction of $1,222,950.00.
- On Wednesday, November 19th, D James Bidzos sold 2,000 shares of VeriSign stock. The shares were sold at an average price of $246.05, for a total transaction of $492,100.00.
- On Tuesday, November 18th, D James Bidzos sold 5,000 shares of VeriSign stock. The shares were sold at an average price of $250.05, for a total value of $1,250,250.00.
- On Wednesday, November 12th, D James Bidzos sold 2,000 shares of VeriSign stock. The shares were sold at an average price of $251.27, for a total value of $502,540.00.
- On Tuesday, November 11th, D James Bidzos sold 5,000 shares of VeriSign stock. The stock was sold at an average price of $248.14, for a total value of $1,240,700.00.
- On Wednesday, October 22nd, D James Bidzos sold 2,000 shares of VeriSign stock. The stock was sold at an average price of $261.54, for a total value of $523,080.00.
- On Tuesday, October 21st, D James Bidzos sold 5,000 shares of VeriSign stock. The shares were sold at an average price of $267.43, for a total value of $1,337,150.00.
- On Wednesday, October 15th, D James Bidzos sold 2,000 shares of VeriSign stock. The shares were sold at an average price of $264.06, for a total value of $528,120.00.
VeriSign Price Performance
Shares of VRSN stock opened at $244.39 on Friday. VeriSign, Inc. has a one year low of $191.12 and a one year high of $310.60. The stock has a fifty day moving average price of $249.50 and a 200 day moving average price of $268.82. The stock has a market cap of $22.65 billion, a P/E ratio of 28.48 and a beta of 0.78.
VeriSign (NASDAQ:VRSN - Get Free Report) last announced its quarterly earnings data on Thursday, October 23rd. The information services provider reported $2.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.25 by $0.02. The company had revenue of $419.10 million during the quarter, compared to analysts' expectations of $416.71 million. VeriSign had a net margin of 49.86% and a negative return on equity of 40.66%. The business's revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.07 EPS.
VeriSign Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 25th. Investors of record on Tuesday, November 18th were paid a $0.77 dividend. The ex-dividend date of this dividend was Tuesday, November 18th. This represents a $3.08 dividend on an annualized basis and a yield of 1.3%. VeriSign's payout ratio is presently 35.90%.
Institutional Investors Weigh In On VeriSign
Large investors have recently bought and sold shares of the business. Livelsberger Financial Advisory bought a new position in VeriSign in the 2nd quarter valued at $27,000. Bruce G. Allen Investments LLC grew its holdings in shares of VeriSign by 56.5% during the second quarter. Bruce G. Allen Investments LLC now owns 97 shares of the information services provider's stock worth $28,000 after purchasing an additional 35 shares during the last quarter. Salomon & Ludwin LLC raised its holdings in shares of VeriSign by 112.5% in the third quarter. Salomon & Ludwin LLC now owns 102 shares of the information services provider's stock valued at $28,000 after buying an additional 54 shares during the last quarter. Root Financial Partners LLC acquired a new position in shares of VeriSign during the third quarter worth approximately $29,000. Finally, Ameritas Advisory Services LLC bought a new stake in shares of VeriSign during the second quarter valued at approximately $34,000. 92.90% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
VRSN has been the subject of a number of analyst reports. Weiss Ratings restated a "hold (c+)" rating on shares of VeriSign in a research note on Monday. JPMorgan Chase & Co. began coverage on VeriSign in a report on Tuesday, October 28th. They issued a "neutral" rating and a $270.00 target price for the company. Robert W. Baird set a $325.00 price target on VeriSign in a research note on Friday, October 24th. Zacks Research upgraded VeriSign to a "hold" rating in a research report on Thursday, October 30th. Finally, Citigroup reiterated a "buy" rating on shares of VeriSign in a research note on Friday, October 24th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $281.67.
Get Our Latest Stock Report on VRSN
About VeriSign
(
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VeriSign, Inc, together with its subsidiaries, provides domain name registry services and internet infrastructure that enables internet navigation for various recognized domain names worldwide. The company enables the security, stability, and resiliency of internet infrastructure and services, including providing root zone maintainer services, operating two of thirteen internet root servers; and offering registration services and authoritative resolution for the .com and .net domains, which supports global e-commerce.
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