Stock of the Day

VeriSign (VRSN)

$277.89

+$3.40 (+1.2%)

Market Cap: $26.09B

About VeriSign

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 .c

om and .net domains, which supports global e-commerce. It operates directory for .name and .cc; and back-end systems for .edu, domain names. VeriSign, Inc. was incorporated in 1995 and is headquartered in Reston, Virginia.

VeriSign Bull Case

Here are some ways that investors could benefit from investing in VeriSign, Inc.:

• The current stock price is around $275, reflecting a strong market position and investor interest.
• VeriSign, Inc. has shown consistent revenue growth, with a reported increase of 4.7% year-over-year, indicating a solid demand for its services.
• Analysts have recently upgraded their ratings on VeriSign, with price targets being raised, suggesting positive future performance.
• The company has a high net margin of over 50%, which indicates efficient management and profitability, making it an attractive option for investors.
• With institutional investors holding approximately 92.90% of the stock, there is a strong confidence in the company's long-term prospects.

VeriSign Bear Case

Investors should be bearish about investing in VeriSign, Inc. for these reasons:

• Insider selling has occurred, with executives selling over 8,500 shares recently, which may indicate a lack of confidence in the stock's short-term performance.
• The stock has a relatively high P/E ratio of around 34.45, which could suggest that it is overvalued compared to its earnings.
• VeriSign has a negative return on equity of 43.01%, which may raise concerns about its ability to generate returns for shareholders.
• Market volatility could impact the stock price, as evidenced by fluctuations in trading volume and price movements.
• While the company has a strong market presence, competition in the domain name registry services sector could pose risks to its growth and profitability.

Recent News

• Does VeriSign (VRSN) Have an Attractive Business Model? (insidermonkey.com)
• VeriSign, Inc. (NASDAQ:VRSN) EVP Sells $137,995.44 in Stock (insidertrades.com)
• Insider Sell: Thomas Indelicarto Sells Shares of VeriSign Inc (VRSN) (gurufocus.com)