D James Bidzos Sells 5,000 Shares of VeriSign, Inc. (NASDAQ:VRSN) Stock

VeriSign, Inc. (NASDAQ:VRSN) CEO D James Bidzos sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 14th. The shares were sold at an average price of $221.26, for a total value of $1,106,300.00. Following the completion of the sale, the chief executive officer now directly owns 806,989 shares of the company’s stock, valued at $178,554,386.14. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • On Wednesday, June 23rd, D James Bidzos sold 6,000 shares of VeriSign stock. The shares were sold at an average price of $226.42, for a total transaction of $1,358,520.00.

Shares of VRSN stock opened at $218.77 on Friday. VeriSign, Inc. has a 12-month low of $184.60 and a 12-month high of $234.56. The company has a market capitalization of $24.47 billion, a PE ratio of 39.70 and a beta of 0.79. The firm has a 50 day moving average price of $218.94 and a two-hundred day moving average price of $214.94.

VeriSign (NASDAQ:VRSN) last released its quarterly earnings results on Thursday, July 22nd. The information services provider reported $1.31 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.32 by ($0.01). The firm had revenue of $329.40 million for the quarter, compared to analyst estimates of $328.16 million. VeriSign had a negative return on equity of 44.73% and a net margin of 48.49%. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the previous year, the business posted $1.32 earnings per share. Research analysts forecast that VeriSign, Inc. will post 5.38 earnings per share for the current fiscal year.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Parametric Portfolio Associates LLC raised its position in shares of VeriSign by 2.7% in the second quarter. Parametric Portfolio Associates LLC now owns 587,502 shares of the information services provider’s stock valued at $133,768,000 after buying an additional 15,721 shares in the last quarter. IronBridge Private Wealth LLC acquired a new position in VeriSign in the 2nd quarter valued at $4,544,000. B. Metzler seel. Sohn & Co. Holding AG lifted its position in shares of VeriSign by 3.5% during the 2nd quarter. B. Metzler seel. Sohn & Co. Holding AG now owns 1,695 shares of the information services provider’s stock valued at $386,000 after acquiring an additional 57 shares during the period. Y Intercept Hong Kong Ltd grew its holdings in shares of VeriSign by 91.7% during the 2nd quarter. Y Intercept Hong Kong Ltd now owns 1,984 shares of the information services provider’s stock worth $452,000 after purchasing an additional 949 shares in the last quarter. Finally, NFC Investments LLC bought a new position in shares of VeriSign in the second quarter worth $7,292,000. 88.46% of the stock is owned by institutional investors.

About VeriSign

VeriSign, Inc provides domain name registry services and Internet infrastructure, which enables Internet navigation for many of the world’s most recognized domain names. It enables the security, stability, and resiliency of key Internet infrastructure and services, including providing root zone maintainer services.

See Also: Blue-Chip Stocks

Insider Buying and Selling by Quarter for VeriSign (NASDAQ:VRSN)

Receive News & Ratings for VeriSign Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VeriSign and related companies with MarketBeat.com's FREE daily email newsletter.