Daiichi Life Insurance Co. Ltd. Takes $5.84 Million Position in VeriSign, Inc. $VRSN

Posted by Brenda Bartman on Aug 23rd, 2026

Daiichi Life Insurance Co. Ltd. purchased a new position in shares of VeriSign, Inc. (NASDAQ:VRSN – Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 23,222 shares of the information services provider’s stock, valued at approximately $5,842,000.

A number of other institutional investors and hedge funds have also modified their holdings of VRSN. Advisors Asset Management Inc. lifted its holdings in VeriSign by 25.3% in 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 period. Integrated Wealth Concepts LLC boosted its stake in VeriSign by 12.3% in the first quarter. Integrated Wealth Concepts LLC now owns 1,232 shares of the information services provider’s stock valued at $313,000 after acquiring an additional 135 shares during the last quarter. NewEdge Advisors LLC grew its holdings in VeriSign by 104.5% during the 1st quarter. NewEdge Advisors LLC now owns 4,125 shares of the information services provider’s stock worth $1,047,000 after acquiring an additional 2,108 shares during the period. Jones Financial Companies Lllp grew its holdings in VeriSign by 122.1% during the 1st quarter. Jones Financial Companies Lllp now owns 3,358 shares of the information services provider’s stock worth $852,000 after acquiring an additional 1,846 shares during the period. Finally, Empowered Funds LLC grew its holdings in VeriSign by 2.0% during the 1st quarter. Empowered Funds LLC now owns 9,346 shares of the information services provider’s stock worth $2,373,000 after acquiring an additional 186 shares during the period. 92.90% of the stock is owned by institutional investors.

Insider Activity

In related news, CEO D James Bidzos sold 3,300 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $297.47, for a total value of $981,651.00. Following the completion of the sale, the chief executive officer owned 439,339 shares in the company, valued at $130,690,172.33. This represents a 0.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 36,500 shares of company stock valued at $10,059,796. 0.56% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research analysts have recently weighed in on VRSN shares. Wedbush increased their price target on VeriSign from $318.00 to $324.00 and gave the company an “outperform” rating in a research note on Friday, July 24th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of VeriSign in a research note on Wednesday, June 24th. Zacks Research upgraded VeriSign from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. Finally, JPMorgan Chase & Co. increased their target price on VeriSign from $308.00 to $316.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $328.75.

Get Our Latest Research Report on VeriSign

VeriSign Price Performance

VeriSign stock opened at $281.80 on Friday. The company’s 50 day simple moving average is $272.60 and its 200 day simple moving average is $264.54. VeriSign, Inc. has a fifty-two week low of $208.86 and a fifty-two week high of $312.48. The firm has a market capitalization of $25.45 billion, a price-to-earnings ratio of 30.56 and a beta of 0.70.

VeriSign (NASDAQ:VRSN – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The information services provider reported $2.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.36 by $0.02. VeriSign had a net margin of 49.76% and a negative return on equity of 39.20%. The firm had revenue of $434.60 million during the quarter, compared to analysts’ expectations of $433.19 million. During the same quarter in the previous year, the company earned $2.21 earnings per share. The business’s revenue for the quarter was up 6.0% on a year-over-year basis. As a group, analysts predict that VeriSign, Inc. will post 9.56 EPS for the current fiscal year.

VeriSign Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Wednesday, August 19th will be issued a $0.81 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $3.24 annualized dividend and a dividend yield of 1.1%. VeriSign’s payout ratio is 35.14%.

About VeriSign

(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.