1 week Ago By ABMN Staff
National Bank of Canada FI boosted its holdings in shares of VeriSign, Inc. ( NASDAQ:VRSN – Free Report ) by 2.6% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission.
The fund owned 53,813 shares of the information services provider’s stock after purchasing an additional 1,353 shares during the quarter. National Bank of Canada FI owned approximately 0.06% of VeriSign worth $9,455,000 at the end of the most recent quarter.
A number of other institutional investors also recently made changes to their positions in VRSN. ProShare Advisors LLC increased its stake in shares of VeriSign by 0.3% in the first quarter.
ProShare Advisors LLC now owns 21,513 shares of the information services provider’s stock worth $4,077,000 after buying an additional 62 shares during the last quarter. Larson Financial Group LLC increased its position in shares of VeriSign by 4.0% in the 2nd quarter.
Larson Financial Group LLC now owns 1,852 shares of the information services provider’s stock worth $329,000 after purchasing an additional 71 shares during the last quarter. V Square Quantitative Management LLC increased its position in shares of VeriSign by 7.2% in the 4th quarter.
V Square Quantitative Management LLC now owns 1,098 shares of the information services provider’s stock worth $226,000 after purchasing an additional 74 shares during the last quarter. Equitable Trust Co. raised its stake in shares of VeriSign by 1.
2% in the 1st quarter. Equitable Trust Co. now owns 7,227 shares of the information services provider’s stock valued at $1,370,000 after purchasing an additional 87 shares in the last quarter.
Finally, Crossmark Global Holdings Inc. lifted its position in shares of VeriSign by 1.3% during the second quarter.
Crossmark Global Holdings Inc. now owns 7,430 shares of the information services provider’s stock worth $1,321,000 after purchasing an additional 92 shares during the last quarter. 92.
90% of the stock is owned by institutional investors and hedge funds. Insider Buying and Selling In related news, EVP Thomas C. Indelicarto sold 3,684 shares of the company’s stock in a transaction on Monday, July 29th.
The stock was sold at an average price of $190.00, for a total transaction of $699,960.00.
Following the completion of the transaction, the executive vice president now directly owns 37,774 shares in the company, valued at approximately $7,177,060. The sale was disclosed in a document filed with the SEC, which is available through this link . Company insiders own 0.
84% of the company’s stock. VeriSign Stock Performance VeriSign ( NASDAQ:VRSN – Get Free Report ) last issued its earnings results on Thursday, July 25th. The information services provider reported $2.
01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.93 by $0.08.
VeriSign had a net margin of 55.40% and a negative return on equity of 46.63%.
The firm had revenue of $387.10 million for the quarter, compared to analysts’ expectations of $385.80 million.
During the same quarter last year, the company posted $1.79 earnings per share. VeriSign’s revenue was up 4.
1% on a year-over-year basis. Analyst Upgrades and Downgrades VRSN has been the subject of several research analyst reports. StockNews.
com lowered VeriSign from a “buy” rating to a “hold” rating in a report on Sunday, June 16th. Robert W. Baird reiterated a “neutral” rating and issued a $200.
00 price target on shares of VeriSign in a report on Thursday, June 27th. Get Our Latest Analysis on VRSN VeriSign Profile ( Free Report ) VeriSign, Inc, together with its subsidiaries, provides domain name registry services and internet infrastructure that enables internet navigation for various recognized domain names worldwide. The company enables the security, stability, and resiliency of internet infrastructure and services, including providing root zone maintainer services, operating two of thirteen internet root servers; and offering registration services and authoritative resolution for the .
com and .net domains, which supports global e-commerce. See Also Want to see what other hedge funds are holding VRSN? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for VeriSign, Inc. ( NASDAQ:VRSN – Free Report ). Receive News & Ratings for VeriSign Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VeriSign and related companies with MarketBeat.
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