Allspring Global Investments Holdings LLC Has $5.79 Million Holdings in VeriSign, Inc. $VRSN

Allspring Global Investments Holdings LLC reduced its holdings in VeriSign, Inc. (NASDAQ:VRSNFree Report) by 29.4% during the 1st quarter, Holdings Channel reports. The institutional investor owned 23,082 shares of the information services provider’s stock after selling 9,622 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in VeriSign were worth $5,788,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VRSN. Perpetual Ltd boosted its stake in VeriSign by 159.6% during the 4th quarter. Perpetual Ltd now owns 9,150 shares of the information services provider’s stock valued at $2,223,000 after purchasing an additional 5,626 shares during the period. KLP Kapitalforvaltning AS boosted its position in shares of VeriSign by 17.7% in the fourth quarter. KLP Kapitalforvaltning AS now owns 146,100 shares of the information services provider’s stock valued at $35,495,000 after acquiring an additional 22,020 shares during the period. Asset Management One Co. Ltd. grew its stake in shares of VeriSign by 29.3% in the fourth quarter. Asset Management One Co. Ltd. now owns 49,688 shares of the information services provider’s stock worth $12,179,000 after acquiring an additional 11,249 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in VeriSign by 2.2% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 174,140 shares of the information services provider’s stock worth $41,886,000 after acquiring an additional 3,691 shares during the period. Finally, Kepler Cheuvreux Suisse SA bought a new position in VeriSign during the fourth quarter worth $13,636,000. 92.90% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Thomas C. Indelicarto sold 250 shares of the stock in a transaction on Wednesday, July 8th. The shares were sold at an average price of $269.23, for a total transaction of $67,307.50. Following the completion of the transaction, the executive vice president owned 36,051 shares in the company, valued at approximately $9,706,010.73. This represents a 0.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO D James Bidzos sold 3,300 shares of the company’s stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $266.09, for a total value of $878,097.00. Following the sale, the chief executive officer owned 422,839 shares in the company, valued at $112,513,229.51. The trade was a 0.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 26,300 shares of company stock valued at $7,125,942. 0.56% of the stock is owned by corporate insiders.

VeriSign Price Performance

Shares of NASDAQ VRSN opened at $261.58 on Friday. VeriSign, Inc. has a fifty-two week low of $208.86 and a fifty-two week high of $312.48. The firm has a market capitalization of $23.80 billion, a P/E ratio of 28.90 and a beta of 0.71. The company’s 50 day simple moving average is $276.89 and its 200 day simple moving average is $259.11.

VeriSign (NASDAQ:VRSNGet Free Report) last released its quarterly earnings data on Thursday, July 23rd. The information services provider reported $2.38 EPS for the quarter, beating analysts’ consensus estimates of $2.36 by $0.02. The business had revenue of $434.60 million during the quarter, compared to the consensus estimate of $433.19 million. VeriSign had a negative return on equity of 39.98% and a net margin of 49.95%.The firm’s revenue was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.21 earnings per share. Sell-side analysts expect that VeriSign, Inc. will post 9.45 EPS for the current fiscal year.

VeriSign News Roundup

Here are the key news stories impacting VeriSign this week:

  • Positive Sentiment: VeriSign reported Q2 2026 earnings of $2.38 per share, slightly ahead of the $2.36 consensus, and revenue of about $435 million, also edging estimates. Article Title
  • Positive Sentiment: Revenue rose 6% year over year, helped by steady demand for domain names, and operating income improved to $296 million from $281 million a year ago. Article Title
  • Positive Sentiment: The company reaffirmed or updated full-year 2026 revenue guidance to roughly $1.7 billion-$1.8 billion, suggesting continued growth expectations.
  • Positive Sentiment: VeriSign also announced that .web has been delegated into the DNS root zone, with Verisign as the registry operator, which could support longer-term domain registry growth. Article Title
  • Neutral Sentiment: The Q2 earnings call transcript and conference-call materials may offer additional color on margins, demand trends, and capital return plans, but they do not change the core headline numbers. Article Title

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Wedbush started coverage on shares of VeriSign in a research note on Thursday, July 16th. They issued an “outperform” rating and a $318.00 target price for the company. Robert W. Baird raised their target price on VeriSign from $305.00 to $355.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. JPMorgan Chase & Co. raised their price objective on shares of VeriSign from $285.00 to $308.00 and gave the stock a “neutral” rating in a report on Thursday, June 18th. Weiss Ratings reiterated a “buy (b-)” rating on shares of VeriSign in a research report on Wednesday, June 24th. Finally, Citigroup upped their target price on shares of VeriSign from $295.00 to $320.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $325.25.

Check Out Our Latest Analysis on VeriSign

VeriSign 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.

See Also

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Institutional Ownership by Quarter for VeriSign (NASDAQ:VRSN)

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