Capital Performance Advisors LLP Acquires New Shares in VeriSign, Inc. (NASDAQ:VRSN)

Capital Performance Advisors LLP bought a new position in shares of VeriSign, Inc. (NASDAQ:VRSN) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 825 shares of the information services provider’s stock, valued at approximately $157,000.

Several other large investors have also modified their holdings of VRSN. D. E. Shaw & Co. Inc. lifted its holdings in shares of VeriSign by 0.8% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,472,803 shares of the information services provider’s stock worth $261,864,000 after acquiring an additional 11,606 shares during the last quarter. Liontrust Investment Partners LLP raised its position in VeriSign by 5.8% in the second quarter. Liontrust Investment Partners LLP now owns 881,366 shares of the information services provider’s stock valued at $156,707,000 after purchasing an additional 48,344 shares during the period. Lazard Asset Management LLC lifted its stake in VeriSign by 6.7% during the first quarter. Lazard Asset Management LLC now owns 793,507 shares of the information services provider’s stock worth $150,376,000 after purchasing an additional 49,967 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of VeriSign by 44.5% during the second quarter. AQR Capital Management LLC now owns 788,687 shares of the information services provider’s stock worth $139,771,000 after buying an additional 242,884 shares during the period. Finally, TD Asset Management Inc grew its stake in shares of VeriSign by 2.6% in the second quarter. TD Asset Management Inc now owns 660,191 shares of the information services provider’s stock valued at $117,382,000 after buying an additional 17,018 shares in the last quarter. Institutional investors and hedge funds own 92.90% of the company’s stock.

Insider Buying and Selling

In other VeriSign news, EVP Thomas C. Indelicarto sold 2,456 shares of the firm’s stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of $190.00, for a total value of $466,640.00. Following the completion of the transaction, the executive vice president now owns 34,821 shares of the company’s stock, valued at $6,615,990. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. In related news, EVP Thomas C. Indelicarto sold 1,228 shares of the company’s stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $190.00, for a total transaction of $233,320.00. Following the sale, the executive vice president now directly owns 33,593 shares in the company, valued at approximately $6,382,670. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Thomas C. Indelicarto sold 2,456 shares of VeriSign stock in a transaction that occurred on Friday, September 27th. The stock was sold at an average price of $190.00, for a total transaction of $466,640.00. Following the completion of the transaction, the executive vice president now owns 34,821 shares of the company’s stock, valued at $6,615,990. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.84% of the stock is owned by insiders.

VeriSign Price Performance

Shares of VRSN stock traded up $0.64 on Friday, hitting $186.60. The stock had a trading volume of 37,582 shares, compared to its average volume of 663,666. The company’s 50 day moving average price is $183.83 and its 200-day moving average price is $179.38. VeriSign, Inc. has a 1 year low of $167.04 and a 1 year high of $220.91. The firm has a market capitalization of $17.93 billion, a P/E ratio of 21.62 and a beta of 0.91.

VeriSign (NASDAQ:VRSN) last issued its quarterly earnings results on Thursday, October 24th. The information services provider reported $2.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.01 by $0.06. The company had revenue of $390.60 million for the quarter, compared to analyst estimates of $390.19 million. VeriSign had a net margin of 55.74% and a negative return on equity of 45.59%. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.83 earnings per share.

VeriSign Profile

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.