Campbell & CO Investment Adviser LLC purchased a new stake in shares of VeriSign, Inc. (NASDAQ:VRSN) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 2,239 shares of the information services provider’s stock, valued at approximately $238,000.

A number of other large investors have also recently modified their holdings of VRSN. Renaissance Technologies LLC grew its holdings in VeriSign by 22.9% during the 2nd quarter. Renaissance Technologies LLC now owns 5,045,476 shares of the information services provider’s stock valued at $469,027,000 after purchasing an additional 941,100 shares during the last quarter. Koch Industries Inc. grew its holdings in VeriSign by 10,263.6% during the 2nd quarter. Koch Industries Inc. now owns 875,519 shares of the information services provider’s stock valued at $866,000 after purchasing an additional 867,071 shares during the last quarter. APG Asset Management N.V. grew its holdings in VeriSign by 160.6% during the 3rd quarter. APG Asset Management N.V. now owns 1,165,476 shares of the information services provider’s stock valued at $123,995,000 after purchasing an additional 718,183 shares during the last quarter. BlackRock Inc. grew its holdings in VeriSign by 8.9% during the 2nd quarter. BlackRock Inc. now owns 8,394,049 shares of the information services provider’s stock valued at $780,310,000 after purchasing an additional 687,358 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings in VeriSign by 84.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,458,379 shares of the information services provider’s stock valued at $135,571,000 after purchasing an additional 668,211 shares during the last quarter.

VeriSign, Inc. (NASDAQ VRSN) opened at $114.96 on Friday. The company has a debt-to-equity ratio of -1.45, a current ratio of 1.57 and a quick ratio of 1.57. The company has a market cap of $11,345.42, a PE ratio of 32.15 and a beta of 1.03. VeriSign, Inc. has a one year low of $75.71 and a one year high of $118.28.

VeriSign (NASDAQ:VRSN) last issued its earnings results on Thursday, October 26th. The information services provider reported $1.00 EPS for the quarter, topping the Zacks’ consensus estimate of $0.97 by $0.03. The business had revenue of $292.40 million for the quarter, compared to the consensus estimate of $290.90 million. VeriSign had a net margin of 39.79% and a negative return on equity of 36.88%. The company’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.93 EPS. sell-side analysts anticipate that VeriSign, Inc. will post 3.65 earnings per share for the current fiscal year.

VRSN has been the topic of several analyst reports. BidaskClub downgraded shares of VeriSign from a “strong-buy” rating to a “buy” rating in a report on Friday, August 4th. Robert W. Baird restated a “hold” rating and issued a $105.00 target price on shares of VeriSign in a research note on Thursday, August 31st. Citigroup upped their target price on shares of VeriSign from $101.00 to $111.00 and gave the stock a “neutral” rating in a research note on Friday, October 27th. Cowen restated a “hold” rating and issued a $103.00 target price on shares of VeriSign in a research note on Sunday, October 29th. Finally, Zacks Investment Research downgraded shares of VeriSign from a “hold” rating to a “sell” rating in a research note on Wednesday, November 1st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a strong buy rating to the company. VeriSign has a consensus rating of “Hold” and an average price target of $106.33.

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VeriSign Company Profile

VeriSign, Inc is a provider of domain name registry services and Internet security. The Company operates through Registry Services and Security Services segment. Registry Services ensure the security, stability and resiliency of Internet infrastructure and services, including the .com and .net domains, and operation of the root-zone maintainer functions for the core of the Internet’s Domain Name System (DNS).

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Institutional Ownership by Quarter for VeriSign (NASDAQ:VRSN)

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