VeriSignVRSN
About: Verisign is the sole authorized registry for several generic top-level domains, including the widely utilized .com and .net top-level domains. The company operates critical internet infrastructure to support the domain name system, including operating two of the world's 13 root servers that are used to route internet traffic. In 2018, the firm sold off its Security Services business, signalling a renewed focus on the core registry business.
Employees: 908
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
47% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 59
3% more funds holding
Funds holding: 635 [Q2] → 656 (+21) [Q3]
1% more capital invested
Capital invested by funds: $16.7B [Q2] → $16.9B (+$232M) [Q3]
5% less repeat investments, than reductions
Existing positions increased: 226 | Existing positions reduced: 239
2.92% less ownership
Funds ownership: 94.28% [Q2] → 91.36% (-2.92%) [Q3]
13% less funds holding in top 10
Funds holding in top 10: 8 [Q2] → 7 (-1) [Q3]
36% less call options, than puts
Call options by funds: $114M | Put options by funds: $178M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Citigroup Ygal Arounian 57% 1-year accuracy 12 / 21 met price target | 13%upside $238 | Buy Maintained | 3 Jan 2025 |
Baird Robert Oliver 100% 1-year accuracy 1 / 1 met price target | 19%upside $250 | Outperform Upgraded | 9 Dec 2024 |
Financial journalist opinion
Based on 25 articles about VRSN published over the past 30 days
