VeriSign CEO James Bidzos Sells Shares Worth $904,921
James Bidzos, CEO of VeriSign, sold 3,300 shares on June 16, 2026, in a planned transaction.
Key Points
- James Bidzos, CEO of VeriSign, sold 3,300 shares worth $904,921 on June 16, 2026.
- VeriSign's stock traded at $273.87 with a market cap of $24.92 billion and a P/E ratio of 30.30.
- Analysts maintain a 'buy' rating with a target price of $306.25, reflecting positive sentiment.
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On June 16, 2026, James Bidzos, the Executive Chairman, President, and CEO of VeriSign, Inc. (NasdaqGS: VRSN), sold 3,300 shares in a planned transaction. The shares were sold at an average price of $274.22, totaling approximately $904,921.
Insider Buying and Selling at VeriSign, Inc.
James Bidzos has been actively selling shares in recent weeks, with similar transactions on June 9 and June 2. These sales were part of planned dispositions. Other recent insider transactions include sales by John Calys, EVP and CFO, and Danny McPherson, EVP of Technology and CSO, on June 15.
Other Institutional Activity in VeriSign
Among institutional investors, BlackRock, Inc. reduced its holdings by 237,095 shares, bringing its total to 9,324,336 shares valued at about $2.32 billion. Berkshire Hathaway maintained its position with 8,989,880 shares worth $2.23 billion. Vanguard Capital Management and Vanguard Portfolio Management both established new positions with 5,363,905 and 5,247,489 shares, respectively. Meanwhile, State Street Corp cut its stake by 187,421 shares to 4,077,144 shares, valued at $1.01 billion.
VeriSign, Inc. Stock Down 9.3%
Shares of NasdaqGS:VRSN traded near $273.87. VeriSign has a market capitalization of $24.92 billion and a P/E ratio of 30.30. The stock's 52-week range is between $208.86 and $312.48, with a 50-day moving average of $283.09 and a 200-day moving average of $258.79. The company has a beta of 0.688, indicating lower volatility compared to the market.
Recent Earnings
VeriSign reported revenue of $1.68 billion, showing a growth of 6.6%. The company's net margin stands at an impressive 49.96%, with an EPS of $9.04. The next earnings report is scheduled for July 23, 2026.
Analysts Set New Price Targets
On April 24, 2026, Citigroup maintained its 'buy' rating on VeriSign, setting a price target of $320. Baird also maintained a 'buy' rating with a higher target of $355. JP Morgan held a 'hold' rating with a target of $278. The consensus among analysts is a 'buy' with an average price target of $306.25.
About VeriSign, Inc.
VeriSign, Inc. is a technology company based in Reston, Virginia, specializing in internet infrastructure and domain name registry services. It operates key components of the internet's root zone and manages domain names like .com and .net. Led by CEO James Bidzos, the company employs around 926 people.
Bottom Line
James Bidzos's recent planned sales of VeriSign shares highlight ongoing insider activity at the company. Investors often track these transactions for insights into executive sentiment, though planned sales can be part of routine financial management. VeriSign remains a significant player in internet infrastructure, with a robust financial performance and positive analyst outlook.
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