VeriSign (NASDAQ:VRSN) Shares Acquired Rep. Gilbert Ray Cisneros, Jr.

Key Points

• Representative Gilbert Ray Cisneros, Jr. disclosed on March 9 that he purchased between $1,001 and $15,000 of VeriSign (VRSN) stock on February 10 through his "150 MAIN STREET TRUST" account.
• VeriSign slightly missed quarterly EPS estimates ($2.23 vs. $2.29) while revenue rose 7.6% year-over-year to $425.3M, and the company raised its quarterly dividend to $0.81 (annualized $3.24, ~1.4% yield).
• Insiders have been net sellers recently (CEO sold 2,000 shares; EVP sold 332), institutional ownership is high at 92.9%, and analysts hold a consensus "Hold" rating with a $292 price target.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of VeriSign, Inc. (NASDAQ:VRSN). In a filing disclosed on March 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in VeriSign stock on February 10th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Thermon Group NYSE: THR on 3/2/2026.
• Purchased $1,001 - $15,000 in shares of Federal Signal NYSE: FSS on 3/2/2026.
• Purchased $1,001 - $15,000 in shares of Taiwan Semiconductor Manufacturing NYSE: TSM on 2/26/2026.
• Sold $1,001 - $15,000 in shares of Uber Technologies NYSE: UBER on 2/24/2026.
• Sold $1,001 - $15,000 in shares of Robinhood Markets NASDAQ: HOOD on 2/24/2026.
• Purchased $1,001 - $15,000 in shares of Micron Technology NASDAQ: MU on 2/24/2026.
• Sold $1,001 - $15,000 in shares of Oracle NYSE: ORCL on 2/24/2026.
• Purchased $1,001 - $15,000 in shares of Champion Homes NYSE: SKY on 2/23/2026.
• Sold $1,001 - $15,000 in shares of Tri Pointe Homes NYSE: TPH on 2/23/2026.
• Sold $1,001 - $15,000 in shares of Xiaomi OTCMKTS: XIACF on 2/20/2026.

VeriSign Trading Down 1.2%

NASDAQ VRSN opened at $235.73 on Thursday. The firm has a market capitalization of $21.62 billion, a P/E ratio of 26.76 and a beta of 0.76. The business has a fifty day simple moving average of $236.46 and a 200 day simple moving average of $251.58. VeriSign, Inc. has a 12 month low of $208.86 and a 12 month high of $310.60.

VeriSign (NASDAQ:VRSN - Get Free Report) last posted its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.29 by ($0.06). VeriSign had a negative return on equity of 40.40% and a net margin of 49.84%.The firm had revenue of $425.30 million for the quarter, compared to analysts' expectations of $424.04 million. During the same period in the prior year, the firm earned $2.00 earnings per share. VeriSign's revenue was up 7.6% compared to the same quarter last year.

VeriSign Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 19th were issued a dividend of $0.81 per share. This represents a $3.24 annualized dividend and a yield of 1.4%. This is an increase from VeriSign's previous quarterly dividend of $0.77. The ex-dividend date was Thursday, February 19th. VeriSign's dividend payout ratio is currently 36.78%.

Insider Activity

In other VeriSign news, CEO D James Bidzos sold 2,000 shares of the business's stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $248.28, for a total transaction of $496,560.00. Following the sale, the chief executive officer owned 414,099 shares of the company's stock, valued at $102,812,499.72. The trade was a 0.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Thomas C. Indelicarto sold 332 shares of the stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $240.62, for a total value of $79,885.84. Following the sale, the executive vice president directly owned 39,696 shares in the company, valued at $9,551,651.52. This trade represents a 0.83% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 16,490 shares of company stock valued at $4,036,071. 0.84% of the stock is currently owned by insiders.

Hedge Funds Weigh In On VeriSign

Institutional investors have recently bought and sold shares of the company. Corient Private Wealth LLC grew its holdings in VeriSign by 109.7% during the fourth quarter. Corient Private Wealth LLC now owns 35,351 shares of the information services provider's stock valued at $8,589,000 after purchasing an additional 18,492 shares during the period. Caitong International Asset Management Co. Ltd raised its stake in shares of VeriSign by 120.8% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 234 shares of the information services provider's stock valued at $57,000 after buying an additional 128 shares during the period. Wick Capital Partners LLC purchased a new position in shares of VeriSign during the 4th quarter valued at $408,000. Titan Investment Management LLC bought a new position in shares of VeriSign during the 4th quarter worth $1,455,000. Finally, Vancity Investment Management Ltd bought a new position in shares of VeriSign during the 4th quarter worth $241,000. Hedge funds and other institutional investors own 92.90% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Citigroup dropped their price target on shares of VeriSign from $337.00 to $280.00 and set a "buy" rating on the stock in a research report on Monday, February 9th. JPMorgan Chase & Co. increased their price objective on shares of VeriSign from $270.00 to $271.00 and gave the company a "neutral" rating in a research note on Tuesday, January 6th. Weiss Ratings reissued a "hold (c+)" rating on shares of VeriSign in a research report on Monday, December 29th. Finally, Zacks Research upgraded VeriSign from a "strong sell" rating to a "hold" rating in a research note on Monday, February 9th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $292.00.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About VeriSign

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.

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