Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of VeriSign, Inc. (NASDAQ:VRSN)

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of VeriSign, Inc. (NASDAQ:VRSN). In a filing disclosed on January 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in VeriSign stock on December 19th. 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 Xiaomi (OTCMKTS:XIACF) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Schneider Electric S.E. (OTCMKTS:SBGSF) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 12/30/2025.
• Purchased $50,001 – $100,000 in shares of Campbell’s (NASDAQ:CPB) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 12/26/2025.
• Sold $1,001 – $15,000 in shares of Bloom Energy (NYSE:BE) on 12/24/2025.
• Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 12/24/2025.
• Sold $1,001 – $15,000 in shares of Coinbase Global (NASDAQ:COIN) on 12/24/2025.
• Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 12/24/2025.

VeriSign Stock Performance

Shares of VRSN stock traded up $0.32 on Thursday, hitting $249.63. 203,582 shares of the company’s stock traded hands, compared to its average volume of 532,320. The company’s fifty day simple moving average is $246.94 and its 200 day simple moving average is $264.00. VeriSign, Inc. has a one year low of $205.37 and a one year high of $310.60. The stock has a market capitalization of $23.14 billion, a price-to-earnings ratio of 29.10 and a beta of 0.77.

VeriSign (NASDAQ:VRSN) last released its quarterly earnings results on Thursday, October 23rd. The information services provider reported $2.27 EPS for the quarter, beating analysts’ consensus estimates of $2.25 by $0.02. VeriSign had a negative return on equity of 40.66% and a net margin of 49.86%.The business had revenue of $419.10 million during the quarter, compared to analyst estimates of $416.71 million. During the same quarter in the prior year, the company posted $2.07 EPS. VeriSign’s quarterly revenue was up 7.3% compared to the same quarter last year.

VeriSign Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 25th. Investors of record on Tuesday, November 18th were issued a dividend of $0.77 per share. This represents a $3.08 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Tuesday, November 18th. VeriSign’s dividend payout ratio (DPR) is currently 35.90%.

Insider Buying and Selling

In other VeriSign news, CEO D James Bidzos sold 2,000 shares of VeriSign stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $244.25, for a total value of $488,500.00. Following the sale, the chief executive officer owned 423,099 shares of the company’s stock, valued at approximately $103,341,930.75. The trade was a 0.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Thomas C. Indelicarto sold 498 shares of the company’s stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $248.71, for a total transaction of $123,857.58. Following the transaction, the executive vice president owned 30,613 shares in the company, valued at $7,613,759.23. The trade was a 1.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 40,833 shares of company stock valued at $10,164,318 over the last ninety days. 0.84% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on VRSN shares. Citigroup restated a “buy” rating on shares of VeriSign in a research note on Friday, October 24th. Zacks Research downgraded VeriSign from a “hold” rating to a “strong sell” rating in a research report on Tuesday, December 30th. JPMorgan Chase & Co. raised their price objective on VeriSign from $270.00 to $271.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 6th. Weiss Ratings restated a “hold (c+)” rating on shares of VeriSign in a research note on Monday, December 29th. Finally, Robert W. Baird set a $325.00 price objective on shares of VeriSign in a research report on Friday, October 24th. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $282.00.

Institutional Trading of VeriSign

Hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in VeriSign by 8.1% during the 3rd quarter. Vanguard Group Inc. now owns 11,443,710 shares of the information services provider’s stock worth $3,199,318,000 after acquiring an additional 861,065 shares in the last quarter. State Street Corp boosted its position in shares of VeriSign by 8.2% during the 3rd quarter. State Street Corp now owns 4,253,980 shares of the information services provider’s stock worth $1,189,285,000 after acquiring an additional 321,737 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of VeriSign by 13.8% in the 3rd quarter. AQR Capital Management LLC now owns 3,523,495 shares of the information services provider’s stock valued at $985,063,000 after acquiring an additional 426,492 shares during the last quarter. Geode Capital Management LLC raised its stake in VeriSign by 2.0% during the 2nd quarter. Geode Capital Management LLC now owns 2,326,799 shares of the information services provider’s stock worth $670,685,000 after acquiring an additional 44,751 shares in the last quarter. Finally, Northern Trust Corp increased its position in VeriSign by 4.5% during the third quarter. Northern Trust Corp now owns 1,049,235 shares of the information services provider’s stock worth $293,335,000 after buying an additional 44,743 shares during the period. 92.90% of the stock is currently owned by institutional investors and hedge funds.

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.

VeriSign Company Profile

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.