Rep. James Comer Sells VeriSign, Inc. (NASDAQ:VRSN) Shares

Posted by Editorial Team on Aug 14th, 2025

Representative James Comer (R-Kentucky) recently sold shares of VeriSign, Inc. (NASDAQ:VRSN). In a filing disclosed on August 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in VeriSign stock on July 3rd.

Representative James Comer also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 7/3/2025.
Sold $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 7/3/2025.
Sold $1,001 – $15,000 in shares of Churchill Downs (NASDAQ:CHDN) on 7/3/2025.
Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 7/3/2025.
Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 7/3/2025.
Sold $1,001 – $15,000 in shares of AT&T (NYSE:T) on 7/3/2025.
Sold $1,001 – $15,000 in shares of PayPal (NASDAQ:PYPL) on 7/3/2025.
Sold $1,001 – $15,000 in shares of Marvell Technology (NASDAQ:MRVL) on 7/3/2025.
Sold $1,001 – $15,000 in shares of Dover (NYSE:DOV) on 7/3/2025.

VeriSign Stock Performance

Shares of VRSN opened at $267.50 on Thursday. The stock has a fifty day moving average price of $281.01 and a two-hundred day moving average price of $260.56. VeriSign, Inc. has a 52-week low of $172.49 and a 52-week high of $310.60. The company has a market cap of $24.99 billion, a price-to-earnings ratio of 31.92 and a beta of 0.78.

VeriSign (NASDAQ:VRSN – Get Free Report) last released its earnings results on Thursday, July 24th. The information services provider reported $2.21 earnings per share for the quarter, topping analysts’ consensus estimates of $2.20 by $0.01. The company had revenue of $409.90 million during the quarter, compared to the consensus estimate of $410.35 million. VeriSign had a negative return on equity of 40.87% and a net margin of 50.05%. The firm’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.01 earnings per share.

VeriSign declared that its Board of Directors has initiated a stock buyback plan on Thursday, July 24th that allows the company to repurchase $1.11 billion in shares. This repurchase authorization allows the information services provider to buy up to 4.1% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

VeriSign Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 27th. Investors of record on Tuesday, August 19th will be paid a $0.77 dividend. The ex-dividend date of this dividend is Tuesday, August 19th. This represents a $3.08 annualized dividend and a yield of 1.2%. VeriSign’s payout ratio is currently 36.75%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on VRSN. Robert W. Baird lifted their price objective on VeriSign from $285.00 to $305.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 1st. Citigroup reissued a “buy” rating on shares of VeriSign in a research note on Tuesday, July 8th.

Get Our Latest Report on VRSN

Insider Activity at VeriSign

In other news, EVP Thomas C. Indelicarto sold 501 shares of the stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $264.50, for a total transaction of $132,514.50. Following the transaction, the executive vice president owned 36,767 shares in the company, valued at approximately $9,724,871.50. This trade represents a 1.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO D James Bidzos sold 2,000 shares of the stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $281.35, for a total value of $562,700.00. Following the transaction, the chief executive officer owned 515,772 shares in the company, valued at approximately $145,112,452.20. This trade represents a 0.39% decrease in their position. The disclosure for this sale can be found here. Insiders sold 40,006 shares of company stock worth $11,263,064 in the last 90 days. Corporate insiders own 0.84% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of VRSN. Livelsberger Financial Advisory acquired a new position in VeriSign during the second quarter valued at approximately $27,000. Bruce G. Allen Investments LLC boosted its position in VeriSign by 56.5% during the second quarter. Bruce G. Allen Investments LLC now owns 97 shares of the information services provider’s stock valued at $28,000 after purchasing an additional 35 shares during the last quarter. Bayforest Capital Ltd acquired a new position in VeriSign during the second quarter valued at approximately $34,000. Ameritas Advisory Services LLC acquired a new position in VeriSign during the second quarter valued at approximately $34,000. Finally, Rakuten Securities Inc. raised its stake in VeriSign by 13,000.0% in the first quarter. Rakuten Securities Inc. now owns 131 shares of the information services provider’s stock valued at $33,000 after buying an additional 130 shares during the period. 92.90% of the stock is owned by institutional investors and hedge funds.

About Representative Comer

James Comer Jr. (Republican Party) is a member of the U.S. House, representing Kentucky’s 1st Congressional District. He assumed office on November 14, 2016. His current term ends on January 3, 2027.

Comer (Republican Party) is running for re-election to the U.S. House to represent Kentucky’s 1st Congressional District. He declared candidacy for the 2026 election.

Comer is from Tompkinsville, Ky. He acted as the director of South Central Bank for 12 years and has been the co-owner of the Comer Land and Cattle Company. He previously served as president of CFB Foods Incorporated from 2001 to 2003 and president of Comer and Polston Insurance Incorporated from 1993 to 1995.

VeriSign Company Profile

(Get Free Report)

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.