VeriSign Company Profile (NASDAQ:VRSN)

VeriSign trades on the NASDAQ under the ticker symbol "VRSN."

VeriSign declared that its Board of Directors has initiated a share repurchase plan on Monday, April 10th 2017, which allows the company to repurchase $641,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 7.4% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

VeriSign, Inc. (NASDAQ:VRSN) released its quarterly earnings data on Thursday, April, 27th. The company reported $0.86 earnings per share for the quarter, meeting the consensus estimate of $0.86. The business had revenue of $288.60 million for the quarter, compared to analyst estimates of $284.70 million. VeriSign had a net margin of 39.13% and a negative return on equity of 36.75%. The company's revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.85 EPS. View VeriSign's Earnings History.

VeriSign is scheduled to release their next quarterly earnings announcement on Wednesday, July, 26th 2017. View Earnings Estimates for VeriSign.

4 brokers have issued 12-month price targets for VeriSign's stock. Their forecasts range from $70.00 to $94.00. On average, they expect VeriSign's stock price to reach $84.25 in the next twelve months. View Analyst Ratings for VeriSign.

Some companies that are related to VeriSign include CGI Group (GIB), Palo Alto Networks (PANW), Gartner (IT), Total System Services (TSS), CDW Corporation (CDW), Amdocs Limited (DOX), Akamai Technologies (AKAM), F5 Networks (FFIV), Jack Henry & Associates (JKHY), Fortinet (FTNT), LogMein (LOGM), CSRA (CSRA), NCR (NCR), Booz Allen Hamilton Holding Corporation (BAH), Medidata Solutions (MDSO), EPAM Systems (EPAM), Aspen Technology (AZPN) and GoDaddy (GDDY).

VeriSign's management team includes the folowing people:

• D James Bidzos, Executive Chairman of the Board, President, Chief Executive Officer
• George E. Kilguss III, Chief Financial Officer, Executive Vice President
• Todd B. Strubbe, Chief Operating Officer, Executive Vice President
• Thomas C. Indelicarto J.D., Executive Vice President, General Counsel, Secretary
• Louis A. Simpson, Lead Independent Director
• Kathleen A. Cote, Independent Director
• Thomas F. Frist III, Independent Director
• Jamie S. Gorelick J.D., Independent Director
• Roger H. Moore, Independent Director

VeriSign's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.37%), BlackRock Inc. (7.59%), Renaissance Technologies LLC (4.04%), Principal Financial Group Inc. (3.23%), Investec Asset Management LTD (2.21%) and First Trust Advisors LP (0.97%). Company insiders that own VeriSign stock include Berkshire Hathaway Inc and Timothy Tomlinson. View Institutional Ownership Trends for VeriSign.

VeriSign's stock was sold by a variety of institutional investors in the last quarter, including Old Mutual Global Investors UK Ltd., Janus Capital Management LLC, Gotham Asset Management LLC, Parametric Portfolio Associates LLC, Renaissance Technologies LLC, NorthCoast Asset Management LLC, AQR Capital Management LLC and Roosevelt Investment Group Inc.. View Insider Buying and Selling for VeriSign.

VeriSign's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Gruss Capital Management LP, Strs Ohio, WINTON GROUP Ltd, TIAA CREF Investment Management LLC, Baird Financial Group Inc., Boston Partners and Columbia Wanger Asset Management LLC. View Insider Buying and Selling for VeriSign.

Shares of VeriSign can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of VeriSign stock can currently be purchased for approximately $93.77.