New insider activity at Verisign ( (VRSN) ) has taken place on May 6, 2025.
Senior Vice President and Chief Accounting Officer, John Calys, recently executed a transaction involving the sale of 400 shares of Verisign stock. This sale amounted to a total value of $112,788.
Recent Updates on VRSN stock
In the last 24 hours, Verisign’s stock developments have been influenced by its recent Q1 earnings report, which showed a 4.7% revenue increase year-over-year to $402 million and a net income rise to $199 million. The company announced a quarterly cash dividend, reflecting its commitment to shareholder value. Analysts have raised price targets due to Verisign’s strong market position, growth potential, and improved financial performance. However, the company remains cautious about macroeconomic uncertainties and ongoing legal issues concerning the .web domain, which could impact future growth. Despite these challenges, Verisign’s robust financial management, including a $793 million share repurchase program and the issuance of $500 million in senior notes, underscores its strategic focus on enhancing shareholder returns.
Spark’s Take on VRSN Stock
According to Spark, TipRanks’ AI Analyst, VRSN is a Outperform.
Verisign’s stock is supported by strong revenue growth and profitability, but high leverage and negative equity pose risks. Technical indicators show bullish momentum, although the stock appears overvalued with a high P/E ratio and no dividend yield. Positive earnings call insights are tempered by macroeconomic uncertainties and legal issues.
To see Spark’s full report on VRSN stock, click here.
More about Verisign
YTD Price Performance: 38.51%
Average Trading Volume: 940,590
Technical Sentiment Signal: Sell
Current Market Cap: $26.68B