Resona Asset Management Co. Ltd. Cuts Stake in VeriSign, Inc. $VRSN

Posted by Geri Gentry on May 22nd, 2026

Resona Asset Management Co. Ltd. reduced its position in VeriSign, Inc. (NASDAQ:VRSN – Free Report) by 7.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 38,668 shares of the information services provider’s stock after selling 3,067 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in VeriSign were worth $9,404,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Root Financial Partners LLC purchased a new stake in shares of VeriSign during the third quarter valued at $29,000. Sunbelt Securities Inc. grew its holdings in shares of VeriSign by 429.2% during the third quarter. Sunbelt Securities Inc. now owns 127 shares of the information services provider’s stock valued at $36,000 after buying an additional 103 shares during the last quarter. Board of the Pension Protection Fund purchased a new stake in shares of VeriSign during the fourth quarter valued at $39,000. Bruce G. Allen Investments LLC grew its holdings in shares of VeriSign by 51.5% during the third quarter. Bruce G. Allen Investments LLC now owns 147 shares of the information services provider’s stock valued at $41,000 after buying an additional 50 shares during the last quarter. Finally, Advisors Asset Management Inc. grew its holdings in shares of VeriSign by 25.3% during the first quarter. Advisors Asset Management Inc. now owns 198 shares of the information services provider’s stock valued at $50,000 after buying an additional 40 shares during the last quarter. 92.90% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Weiss Ratings raised shares of VeriSign from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 27th. JPMorgan Chase & Co. boosted their price objective on shares of VeriSign from $273.00 to $278.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Citigroup boosted their price objective on shares of VeriSign from $295.00 to $320.00 and gave the company a “buy” rating in a report on Friday, April 24th. Zacks Research raised shares of VeriSign from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Finally, Robert W. Baird boosted their price objective on shares of VeriSign from $305.00 to $355.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $317.67.

View Our Latest Stock Analysis on VeriSign

Insider Buying and Selling at VeriSign

In other VeriSign news, EVP Thomas C. Indelicarto sold 498 shares of the company’s stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $270.06, for a total value of $134,489.88. Following the completion of the transaction, the executive vice president owned 38,202 shares in the company, valued at approximately $10,316,832.12. This represents a 1.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Danny R. Mcpherson sold 5,000 shares of the stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $271.02, for a total transaction of $1,355,100.00. Following the sale, the executive vice president directly owned 35,195 shares in the company, valued at approximately $9,538,548.90. The trade was a 12.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 6,826 shares of company stock worth $1,821,354. 0.56% of the stock is owned by corporate insiders.

VeriSign Stock Performance

NASDAQ:VRSN opened at $305.93 on Friday. VeriSign, Inc. has a one year low of $208.86 and a one year high of $310.60. The firm has a market cap of $27.84 billion, a price-to-earnings ratio of 33.80 and a beta of 0.68. The firm’s fifty day moving average is $267.20 and its two-hundred day moving average is $250.49.

VeriSign (NASDAQ:VRSN – Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The information services provider reported $2.34 EPS for the quarter, beating the consensus estimate of $2.30 by $0.04. VeriSign had a net margin of 49.95% and a negative return on equity of 39.98%. The company had revenue of $428.90 million for the quarter, compared to analyst estimates of $424.50 million. During the same period in the prior year, the company earned $2.10 earnings per share. The firm’s revenue was up 6.6% on a year-over-year basis. As a group, equities research analysts predict that VeriSign, Inc. will post 9.46 earnings per share for the current fiscal year.

VeriSign Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 27th. Shareholders of record on Tuesday, May 19th will be issued a $0.81 dividend. This represents a $3.24 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, May 19th. VeriSign’s dividend payout ratio is presently 35.80%.

VeriSign Company Profile

(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.