Captrust Financial Advisors Has $3.31 Million Holdings in VeriSign, Inc. (NASDAQ:VRSN)

Captrust Financial Advisors boosted its holdings in shares of VeriSign, Inc. (NASDAQ:VRSN) by 18.2% during the third quarter, Holdings Channel.com reports. The institutional investor owned 17,441 shares of the information services provider’s stock after acquiring an additional 2,687 shares during the quarter. Captrust Financial Advisors’ holdings in VeriSign were worth $3,313,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Empirical Finance LLC increased its position in VeriSign by 1.9% during the third quarter. Empirical Finance LLC now owns 3,038 shares of the information services provider’s stock worth $577,000 after buying an additional 57 shares during the last quarter. West Family Investments Inc. boosted its holdings in shares of VeriSign by 3.9% during the third quarter. West Family Investments Inc. now owns 1,537 shares of the information services provider’s stock worth $292,000 after acquiring an additional 57 shares during the period. Larson Financial Group LLC boosted its holdings in shares of VeriSign by 4.0% during the second quarter. Larson Financial Group LLC now owns 1,852 shares of the information services provider’s stock worth $329,000 after acquiring an additional 71 shares during the period. V Square Quantitative Management LLC boosted its holdings in shares of VeriSign by 6.7% during the second quarter. V Square Quantitative Management LLC now owns 1,172 shares of the information services provider’s stock worth $208,000 after acquiring an additional 74 shares during the period. Finally, Gateway Advisory LLC boosted its holdings in shares of VeriSign by 5.6% during the second quarter. Gateway Advisory LLC now owns 1,538 shares of the information services provider’s stock worth $273,000 after acquiring an additional 81 shares during the period. Institutional investors and hedge funds own 92.90% of the company’s stock.

VeriSign Stock Down 0.5 %

Shares of NASDAQ:VRSN opened at $187.00 on Thursday. VeriSign, Inc. has a 12-month low of $167.04 and a 12-month high of $220.91. The stock has a market cap of $17.97 billion, a PE ratio of 21.74 and a beta of 0.92. The business has a 50 day moving average of $184.80 and a 200-day moving average of $181.01.

VeriSign (NASDAQ:VRSN) last issued its quarterly earnings data 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. VeriSign had a negative return on equity of 45.59% and a net margin of 55.74%. The company had revenue of $390.60 million during the quarter, compared to analysts’ expectations of $390.19 million. During the same quarter in the previous year, the company posted $1.83 earnings per share. The business’s revenue was up 3.8% on a year-over-year basis.

Insider Transactions at VeriSign

In related news, EVP Danny R. Mcpherson sold 2,092 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $192.43, for a total value of $402,563.56. Following the completion of the sale, the executive vice president now directly owns 26,157 shares in the company, valued at approximately $5,033,391.51. The trade was a 7.41 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Thomas C. Indelicarto sold 1,228 shares of the business’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 value of $233,320.00. Following the completion of the sale, the executive vice president now owns 33,593 shares of the company’s stock, valued at approximately $6,382,670. This trade represents a 3.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 5,776 shares of company stock worth $1,102,524 over the last quarter. Company insiders own 0.84% of the company’s stock.

VeriSign Company 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.