VeriSign (NASDAQ:VRSN) Stock Unloaded Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of VeriSign, Inc. (NASDAQ:VRSN). In a filing disclosed on April 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in VeriSign stock on March 13th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
  • Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
  • Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
  • Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
  • Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
  • Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.

VeriSign Stock Down 0.2%

VeriSign stock traded down $0.49 during trading hours on Thursday, hitting $270.41. The stock had a trading volume of 124,395 shares, compared to its average volume of 796,432. The stock has a market capitalization of $24.80 billion, a P/E ratio of 30.69 and a beta of 0.70. VeriSign, Inc. has a 12-month low of $208.86 and a 12-month high of $310.60. The stock’s 50-day moving average price is $237.23 and its 200-day moving average price is $247.43.

VeriSign (NASDAQ:VRSNGet Free Report) last issued its earnings results on Thursday, February 5th. The information services provider reported $2.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.29 by ($0.06). The firm had revenue of $425.30 million during the quarter, compared to analysts’ expectations of $424.04 million. VeriSign had a negative return on equity of 40.40% and a net margin of 49.84%.The firm’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period last year, the firm posted $2.00 earnings per share.

VeriSign Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 19th were issued a $0.81 dividend. This represents a $3.24 annualized dividend and a yield of 1.2%. This is a boost from VeriSign’s previous quarterly dividend of $0.77. The ex-dividend date of this dividend was Thursday, February 19th. VeriSign’s dividend payout ratio is presently 36.78%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on VRSN shares. Zacks Research upgraded shares of VeriSign from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th. JPMorgan Chase & Co. lifted their price target on shares of VeriSign from $270.00 to $271.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 6th. Citigroup lifted their price target on shares of VeriSign from $280.00 to $295.00 and gave the stock a “buy” rating in a research note on Thursday, April 2nd. Finally, Weiss Ratings upgraded shares of VeriSign from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, March 27th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $297.00.

Read Our Latest Analysis on VRSN

Institutional Trading of VeriSign

A number of large investors have recently made changes to their positions in VRSN. Vanguard Group Inc. grew its position in VeriSign by 8.1% during the third quarter. Vanguard Group Inc. now owns 11,443,710 shares of the information services provider’s stock valued at $3,199,318,000 after buying an additional 861,065 shares during the period. State Street Corp grew its position in VeriSign by 8.2% during the third quarter. State Street Corp now owns 4,253,980 shares of the information services provider’s stock valued at $1,189,285,000 after buying an additional 321,737 shares during the period. AQR Capital Management LLC grew its position in VeriSign by 14.1% during the fourth quarter. AQR Capital Management LLC now owns 4,020,169 shares of the information services provider’s stock valued at $976,700,000 after buying an additional 496,674 shares during the period. Invesco Ltd. grew its position in VeriSign by 19.8% during the fourth quarter. Invesco Ltd. now owns 1,491,035 shares of the information services provider’s stock valued at $362,247,000 after buying an additional 246,887 shares during the period. Finally, Norges Bank bought a new stake in VeriSign during the fourth quarter valued at approximately $312,900,000. 92.90% of the stock is currently owned by institutional investors.

Insider Activity at VeriSign

In related news, EVP Thomas C. Indelicarto sold 498 shares of the business’s stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $274.00, for a total transaction of $136,452.00. Following the completion of the sale, the executive vice president directly owned 38,700 shares in the company, valued at approximately $10,603,800. The trade was a 1.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO D James Bidzos sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $248.28, for a total transaction of $496,560.00. Following the sale, the chief executive officer owned 414,099 shares of the company’s stock, valued at $102,812,499.72. This trade represents a 0.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 9,656 shares of company stock valued at $2,395,118 over the last 90 days. 0.84% of the stock is currently owned by company insiders.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About VeriSign

(Get Free Report)

VeriSign, Inc (NASDAQ: VRSN) is an internet infrastructure company that operates critical components of the global Domain Name System (DNS) and provides cybersecurity-related services. The company is best known as the authoritative registry operator for the .com and .net top-level domains, maintaining the central databases and zone files that enable domain name resolution for millions of websites. VeriSign’s registry role is performed under contractual agreements with Internet Corporation for Assigned Names and Numbers (ICANN) and involves high-availability, highly secure operations to support continuous internet connectivity.

In addition to its registry business, VeriSign offers a suite of services designed to protect and accelerate DNS and internet traffic for enterprises and service providers.

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