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Home/News Feed/NorthCrest Asset Management boosts VeriSign stake by 41% in Q4, holding 10,138 shares worth $2.43M.
VRSN
$270.77
+$1.92 +0.71%

NorthCrest Asset Management boosts VeriSign stake by 41% in Q4, holding 10,138 shares worth $2.43M.

Market News
23 Mar 2026
Defense World
View Source
Neutral
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NorthCrest Asset Management increased its holdings in VeriSign, Inc. by 41% in the fourth quarter, acquiring an additional 2,948 shares for a total of 10,138 shares valued at approximately $2.43 million. VeriSign, known for managing critical internet infrastructure like the .com and .net domains, reported quarterly earnings slightly below estimates but raised its dividend to $0.81 per share. The company’s stock has mixed analyst ratings, with a consensus target price of $292. Institutional investors hold nearly 93% of the stock, and insiders have recently sold shares. This stake increase signals confidence in VeriSign’s long-term internet infrastructure business despite recent earnings misses.

More News (VRSN)

Verisign trades at 20% premium with stable growth but limited upside; Hold rating advised below $200.

Verisign trades at 20% premium with stable growth but limited upside; Hold rating advised below $200.

Verisign, a dominant player in .com and .net domains, maintains steady revenue and earnings growth mainly through scheduled price increases. The stock currently trades at a 20% premium to its intrinsic value of $217 per share, reflecting its low-risk...

Company Fundamentals
Neutral
1 day ago
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