D James Bidzos Sells 3,000 Shares of VeriSign, Inc. (NASDAQ:VRSN) Stock

VeriSign, Inc. (NASDAQ:VRSNGet Rating) CEO D James Bidzos sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 12th. The shares were sold at an average price of $215.02, for a total transaction of $645,060.00. Following the transaction, the chief executive officer now directly owns 719,915 shares in the company, valued at approximately $154,796,123.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

D James Bidzos also recently made the following trade(s):

  • On Tuesday, March 15th, D James Bidzos sold 3,000 shares of VeriSign stock. The shares were sold at an average price of $200.62, for a total transaction of $601,860.00.
  • On Tuesday, March 8th, D James Bidzos sold 3,000 shares of VeriSign stock. The shares were sold at an average price of $210.26, for a total transaction of $630,780.00.
  • On Tuesday, February 15th, D James Bidzos sold 3,000 shares of VeriSign stock. The shares were sold at an average price of $215.71, for a total transaction of $647,130.00.
  • On Tuesday, February 8th, D James Bidzos sold 3,000 shares of VeriSign stock. The shares were sold at an average price of $216.27, for a total transaction of $648,810.00.
  • On Tuesday, January 18th, D James Bidzos sold 5,000 shares of VeriSign stock. The shares were sold at an average price of $221.26, for a total transaction of $1,106,300.00.

Shares of VRSN stock opened at $215.40 on Friday. VeriSign, Inc. has a 1 year low of $198.53 and a 1 year high of $257.03. The firm’s fifty day simple moving average is $214.49 and its 200 day simple moving average is $224.17. The firm has a market capitalization of $23.73 billion, a P/E ratio of 30.73 and a beta of 0.92.

VeriSign (NASDAQ:VRSNGet Rating) last announced its earnings results on Thursday, February 10th. The information services provider reported $1.48 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.38 by $0.10. VeriSign had a net margin of 59.12% and a negative return on equity of 45.19%. The business had revenue of $340.00 million for the quarter, compared to analyst estimates of $340.37 million. During the same quarter in the previous year, the firm posted $1.38 earnings per share. VeriSign’s revenue was up 6.2% compared to the same quarter last year. As a group, equities analysts anticipate that VeriSign, Inc. will post 5.95 EPS for the current fiscal year.

Institutional investors and hedge funds have recently bought and sold shares of the business. Bell Investment Advisors Inc acquired a new stake in VeriSign during the third quarter worth $25,000. Concord Wealth Partners acquired a new stake in VeriSign during the fourth quarter worth $31,000. Tobam acquired a new stake in VeriSign during the fourth quarter worth $41,000. TCI Wealth Advisors Inc. boosted its stake in VeriSign by 27.9% during the third quarter. TCI Wealth Advisors Inc. now owns 229 shares of the information services provider’s stock worth $47,000 after buying an additional 50 shares in the last quarter. Finally, Eagle Bay Advisors LLC boosted its stake in VeriSign by 152.3% during the third quarter. Eagle Bay Advisors LLC now owns 275 shares of the information services provider’s stock worth $56,000 after buying an additional 166 shares in the last quarter. Hedge funds and other institutional investors own 90.52% of the company’s stock.

Separately, StockNews.com assumed coverage on shares of VeriSign in a research report on Thursday, March 31st. They set a “hold” rating on the stock.

About VeriSign (Get Rating)

VeriSign, Inc, together with its subsidiaries, provides domain name registry services and internet infrastructure that enables internet navigation for various recognized domain names worldwide. It enables the security, stability, and resiliency of internet infrastructure and services, including providing root zone maintainer services, operating two of the 13 internet root servers; and offering registration services and authoritative resolution for the .com and .net domains, which support global e-commerce.

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