VeriSign (NASDAQ:VRSN) Shares Unloaded Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of VeriSign, Inc. (NASDAQ:VRSN). In a filing disclosed on April 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in VeriSign stock on March 13th. 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 MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
• Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.

VeriSign Price Performance

VeriSign stock traded down $10.42 during midday trading on Friday, hitting $259.47. 338,063 shares of the company were exchanged, compared to its average volume of 798,937. The company’s fifty day moving average price is $237.74 and its 200-day moving average price is $247.59. The company has a market cap of $23.79 billion, a PE ratio of 29.45 and a beta of 0.70. VeriSign, Inc. has a fifty-two week low of $208.86 and a fifty-two week high of $310.60.

VeriSign (NASDAQ:VRSN) last released its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.23 EPS for the quarter, missing the consensus estimate of $2.29 by ($0.06). VeriSign had a negative return on equity of 40.40% and a net margin of 49.84%.The company had revenue of $425.30 million for the quarter, compared to analyst estimates of $424.04 million. During the same period last year, the firm posted $2.00 earnings per share. The business’s revenue was up 7.6% on a year-over-year basis.

VeriSign Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 19th were issued a dividend of $0.81 per share. This represents a $3.24 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, February 19th. This is an increase from VeriSign’s previous quarterly dividend of $0.77. VeriSign’s dividend payout ratio (DPR) is 36.78%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Corient Private Wealth LLC grew its stake in VeriSign by 109.7% during the 4th quarter. Corient Private Wealth LLC now owns 35,351 shares of the information services provider’s stock worth $8,589,000 after buying an additional 18,492 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its stake in VeriSign by 120.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 234 shares of the information services provider’s stock worth $57,000 after buying an additional 128 shares during the last quarter. Wick Capital Partners LLC bought a new position in VeriSign during the 4th quarter worth $408,000. Titan Investment Management LLC bought a new position in VeriSign during the 4th quarter worth $1,455,000. Finally, Vancity Investment Management Ltd bought a new position in VeriSign during the 4th quarter worth $241,000. 92.90% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Weiss Ratings raised VeriSign from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, March 27th. JPMorgan Chase & Co. upped their price target on VeriSign from $270.00 to $271.00 and gave the company a “neutral” rating in a research report on Tuesday, January 6th. Zacks Research raised VeriSign from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Finally, Citigroup upped their price target on VeriSign from $280.00 to $295.00 and gave the company a “buy” rating in a research report on Thursday, April 2nd. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $297.00.

Insiders Place Their Bets

In other news, CEO D James Bidzos sold 5,000 shares of the stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $248.20, for a total value of $1,241,000.00. Following the completion of the transaction, the chief executive officer owned 416,099 shares of the company’s stock, valued at approximately $103,275,771.80. This represents a 1.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Thomas C. Indelicarto sold 498 shares of the stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $249.08, for a total value of $124,041.84. Following the completion of the transaction, the executive vice president directly owned 30,115 shares of the company’s stock, valued at approximately $7,501,044.20. The trade was a 1.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 9,490 shares of company stock valued at $2,353,618. 0.84% of the stock is owned by company insiders.

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.