VeriSign, Inc. (NASDAQ:VRSN) Shares Purchased by Holocene Advisors LP

Holocene Advisors LP grew its position in VeriSign, Inc. (NASDAQ:VRSN) by 36.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 50,838 shares of the information services provider’s stock after purchasing an additional 13,458 shares during the period. Holocene Advisors LP owned approximately 0.05% of VeriSign worth $9,657,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Empirical Finance LLC increased its stake in VeriSign by 1.9% in the 3rd quarter. Empirical Finance LLC now owns 3,038 shares of the information services provider’s stock valued at $577,000 after buying an additional 57 shares during the period. West Family Investments Inc. raised its stake in shares of VeriSign by 3.9% in the third quarter. West Family Investments Inc. now owns 1,537 shares of the information services provider’s stock worth $292,000 after acquiring an additional 57 shares during the last quarter. Larson Financial Group LLC raised its stake in shares of VeriSign by 4.0% during the second quarter. Larson Financial Group LLC now owns 1,852 shares of the information services provider’s stock worth $329,000 after buying an additional 71 shares during the last quarter. V Square Quantitative Management LLC grew its holdings in VeriSign by 6.7% during the second quarter. V Square Quantitative Management LLC now owns 1,172 shares of the information services provider’s stock valued at $208,000 after purchasing an additional 74 shares during the period. Finally, Gateway Advisory LLC boosted its holdings in shares of VeriSign by 5.6% in the second quarter. Gateway Advisory LLC now owns 1,538 shares of the information services provider’s stock valued at $273,000 after buying an additional 81 shares during the period. Institutional investors own 92.90% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Thomas C. Indelicarto sold 2,456 shares of the company’s stock in a transaction dated Friday, September 27th. The stock was sold at an average price of $190.00, for a total transaction of $466,640.00. Following the sale, the executive vice president now directly owns 34,821 shares in the company, valued at $6,615,990. This represents a 6.59 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Danny R. Mcpherson sold 2,092 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $192.43, for a total value of $402,563.56. Following the transaction, the executive vice president now directly owns 26,157 shares of the company’s stock, valued at $5,033,391.51. The trade was a 7.41 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 5,776 shares of company stock worth $1,102,524. 0.84% of the stock is currently owned by insiders.

VeriSign Stock Down 2.3 %

VeriSign stock opened at $187.99 on Wednesday. VeriSign, Inc. has a twelve month low of $167.04 and a twelve month high of $220.91. The company has a 50 day moving average of $184.70 and a 200-day moving average of $180.97. The stock has a market capitalization of $18.07 billion, a PE ratio of 21.86 and a beta of 0.92.

VeriSign (NASDAQ:VRSN) last announced its quarterly earnings data on Thursday, October 24th. The information services provider reported $2.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.01 by $0.06. VeriSign had a net margin of 55.74% and a negative return on equity of 45.59%. The firm had revenue of $390.60 million for the quarter, compared to the consensus estimate of $390.19 million. During the same period in the prior year, the company posted $1.83 earnings per share. The business’s revenue for the quarter was up 3.8% on a year-over-year basis.

VeriSign Company Profile

VeriSign, Inc, together with its subsidiaries, provides domain name registry services and internet infrastructure that enables internet navigation for various recognized domain names worldwide. The company enables the security, stability, and resiliency of internet infrastructure and services, including providing root zone maintainer services, operating two of thirteen internet root servers; and offering registration services and authoritative resolution for the .com and .net domains, which supports global e-commerce.