Epoch Investment Partners Inc. Buys 10,098 Shares of VeriSign, Inc. $VRSN

Epoch Investment Partners Inc. raised its stake in VeriSign, Inc. (NASDAQ:VRSNFree Report) by 2.5% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 413,277 shares of the information services provider’s stock after buying an additional 10,098 shares during the period. Epoch Investment Partners Inc.’s holdings in VeriSign were worth $102,641,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in VRSN. DV Equities LLC purchased a new position in shares of VeriSign during the fourth quarter worth approximately $28,000. Sunbelt Securities Inc. grew its stake in VeriSign by 429.2% in the third quarter. Sunbelt Securities Inc. now owns 127 shares of the information services provider’s stock worth $36,000 after purchasing an additional 103 shares in the last quarter. Advisors Asset Management Inc. grew its stake in VeriSign by 25.3% in the first quarter. Advisors Asset Management Inc. now owns 198 shares of the information services provider’s stock worth $50,000 after purchasing an additional 40 shares in the last quarter. Activest Wealth Management increased its holdings in VeriSign by 788.0% during the 4th quarter. Activest Wealth Management now owns 222 shares of the information services provider’s stock worth $54,000 after purchasing an additional 197 shares during the period. Finally, Caitong International Asset Management Co. Ltd increased its holdings in VeriSign by 120.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 234 shares of the information services provider’s stock worth $57,000 after purchasing an additional 128 shares during the period. 92.90% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on VRSN shares. Wedbush upped their target price on VeriSign from $318.00 to $324.00 and gave the stock an “outperform” rating in a report on Friday. Weiss Ratings restated a “buy (b-)” rating on shares of VeriSign in a research note on Wednesday, June 24th. Robert W. Baird lifted their price objective on VeriSign from $305.00 to $355.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Citigroup upped their price objective on shares of VeriSign from $295.00 to $320.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Finally, JPMorgan Chase & Co. increased their target price on shares of VeriSign from $308.00 to $316.00 and gave the stock a “neutral” rating in a report on Friday. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $328.75.

Get Our Latest Stock Analysis on VeriSign

VeriSign Price Performance

Shares of NASDAQ:VRSN opened at $280.00 on Friday. The business’s 50-day moving average is $276.54 and its 200 day moving average is $259.26. VeriSign, Inc. has a 1 year low of $208.86 and a 1 year high of $312.48. The firm has a market capitalization of $25.48 billion, a P/E ratio of 30.37 and a beta of 0.71.

VeriSign (NASDAQ:VRSNGet Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The information services provider reported $2.38 earnings per share for the quarter, topping the consensus estimate of $2.36 by $0.02. VeriSign had a negative return on equity of 39.73% and a net margin of 49.76%.The business had revenue of $434.60 million during the quarter, compared to the consensus estimate of $433.19 million. During the same quarter last year, the company earned $2.21 earnings per share. The company’s quarterly revenue was up 6.0% on a year-over-year basis. On average, analysts expect that VeriSign, Inc. will post 9.45 EPS for the current year.

VeriSign Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Wednesday, August 19th will be paid a $0.81 dividend. The ex-dividend date is Wednesday, August 19th. This represents a $3.24 dividend on an annualized basis and a yield of 1.2%. VeriSign’s dividend payout ratio (DPR) is 35.14%.

Trending Headlines about VeriSign

Here are the key news stories impacting VeriSign this week:

  • Positive Sentiment: VeriSign reported second-quarter results that topped estimates, with EPS of $2.38 versus $2.36 expected and revenue of $434.6 million, up 6% year over year. The stronger-than-expected quarter suggests steady demand for domain registrations. Article Title
  • Positive Sentiment: The company lifted its FY2026 outlook, calling for revenue of $1.7 billion to $1.8 billion, reinforcing confidence that growth can continue after the latest quarter. Article Title
  • Positive Sentiment: VeriSign announced that .web has been delegated into the DNS root zone, with the company as registry operator. That adds a potential long-term growth opportunity for domain registrations and registry revenue. Article Title
  • Positive Sentiment: Wedbush raised its price target on VeriSign to $324 from $318 and kept an outperform rating, implying additional upside relative to the current trading level. Article Title
  • Positive Sentiment: JPMorgan also raised its price target to $316 from $308, even while maintaining a neutral rating, signaling improved expectations for the stock’s value. Article Title
  • Neutral Sentiment: VeriSign declared a quarterly dividend of $0.81 per share, which supports the stock’s income profile but is not a major growth driver by itself.

Insider Activity at VeriSign

In other VeriSign news, CEO D James Bidzos sold 3,300 shares of the firm’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $266.09, for a total value of $878,097.00. Following the completion of the transaction, the chief executive officer owned 422,839 shares of the company’s stock, valued at approximately $112,513,229.51. This trade represents a 0.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thomas C. Indelicarto sold 250 shares of VeriSign stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $269.23, for a total transaction of $67,307.50. Following the sale, the executive vice president owned 36,051 shares of the company’s stock, valued at $9,706,010.73. The trade was a 0.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 26,300 shares of company stock worth $7,125,942. 0.56% of the stock is owned by insiders.

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.

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Institutional Ownership by Quarter for VeriSign (NASDAQ:VRSN)

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