Verisign’s 0.28% Rally Closes 451st in $260M Volume as Berkshire Unloads 4.3M Shares

On August 7, 2025, Verisign (VRSN) closed with a 0.28% gain, trading at a volume of $0.26 billion, ranking 451st in market activity. The stock's recent performance has been shaped by a mix of corporate actions and broader market dynamics.

Verisign announced a 5.9% year-over-year revenue increase in Q2 2025, driven by steady demand for domain name registrations and a growing global domain base. The company also expanded its share repurchase program and reaffirmed a cash dividend. However, these positive fundamentals were offset by a significant shareholder action: Berkshire Hathaway sold 4.3 million shares in a secondary offering, reducing its stake below 10% to avoid regulatory reporting requirements. The sale, valued at $1.23 billion, triggered an 8.5% intraday decline in Verisign’s stock shortly after the announcement.

Despite the sell-off, Verisign’s earnings report in late July outperformed expectations, with GAAP earnings of $2.21 per share and revenue growth outpacing the broader market. The company’s role as the authoritative registry for .com and .net domains, which account for the majority of global registrations, remains a key structural advantage. Domain name registrations reached 371.7 million as of Q2 2025, reflecting a 0.9% quarterly increase.

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