Amid this thriving environment, VeriSign, Inc. (VRSN) stands out with its exclusive rights to manage .com and .net domain names. As the sole administrator of .com domains, VRSN controls a critical ...
This move comes despite a 2% decline in VeriSign’s stock during a booming year for tech stocks, data from Benzinga Pro revealed. During the same period, the S&P 500 has risen 25% and the tech ...
Berkshire Hathaway purchased more shares of Verisign, and shares of the internet domain provider advanced. Tesla shares continued their losing streak on concerns about the EV maker's delivery ...
Warren Buffett’s Berkshire Hathaway Inc. added to its stake in the internet domain-name-registry company VeriSign Inc. in the final week of the year, according to a regulatory filing.
Shares of network infrastructure company VeriSign Inc. (NASDAQ:VRSN) were up 1.6% at $208.43 at last check, following news that Warren Buffett's Berkshire Hathaway (BRK.A) increased its stake in ...
Why the confidence? Let's talk margins. VeriSign is a financial fortress, with an 88% gross margin (11th best in the S&P 500), a 71% operating margin, and a 52% net-income margin. And here's the ...
A December 26 filing with the U.S. Securities and Exchange Commission revealed Berkshire Hathaway's buying approximately 143,424 VeriSign shares with prices ranging $194.98 and $201.67.
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VeriSign's strong market position, high margins, and pricing power justify a slight premium valuation, expected to stabilize at around 22x P/E ratio. The company dominates the domain name industry ...
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In a Form 4 filing with the Securities and Exchange Commission late Thursday, Buffett and Berkshire disclosed that Berkshire had spent $28.55 million to buy a total of 143,424 shares of VeriSign ...