VeriSign CEO James Bidsos Sells 5,540 Shares Amid Market Volatility.

Thursday, Jul 10, 2025 5:28 pm ET2min read

VeriSign Inc. (VRSN) announced that Director, Executive Chairman, President, and Chief Executive Officer James B. Bidzos sold 4,900 shares of the company's stock on July 8 and 9, 2025, at various prices ranging from $281.91 to $291.48 per share. Bidzos sold a total of 1295 shares at $283.71 per share on July 8, 600 shares at $281.91 per share on July 8, 756 shares at $284.52 per share on July 8, and 1300 shares at $285.91 per share on July 8. Additionally, Bidzos sold 100 shares at $285.35 per share on July 9, 200 shares at $287.06 per share on July 9, 600 shares at $288.81 per share on July 9, 500 shares at $289.69 per share on July 9, 500 shares at $290.69 per share on July 9, and 100 shares at $291.48 per share on July 9. On July 10, Bidzos sold 400 shares at $284.92 per share, 700 shares at $286.35 per share, 500 shares at $287.13 per share, and 400 shares at $288.48 per share.

VeriSign Inc. (VRSN) announced that Director, Executive Chairman, President, and Chief Executive Officer James B. Bidzos sold a total of 4,900 shares of the company's stock between July 8 and 9, 2025. The sales were conducted at various prices, ranging from $281.91 to $291.48 per share. The transactions include 1295 shares sold at $283.71 per share, 600 shares sold at $281.91 per share, 756 shares sold at $284.52 per share, and 1300 shares sold at $285.91 per share on July 8. On July 9, Bidzos sold 100 shares at $285.35 per share, 200 shares at $287.06 per share, 600 shares at $288.81 per share, 500 shares at $289.69 per share, 500 shares at $290.69 per share, and 100 shares at $291.48 per share. Additionally, on July 10, Bidzos sold 400 shares at $284.92 per share, 700 shares at $286.35 per share, 500 shares at $287.13 per share, and 400 shares at $288.48 per share [1].

These sales, totaling 4,900 shares, represent a significant portion of Bidzos's position in VeriSign. The transactions were disclosed in compliance with Rule 144 under the Securities Act of 1933, which requires insiders to report their trades [1]. The sales were executed through Morgan Stanley Smith Barney LLC, with the total aggregate market value of the sold shares amounting to approximately $1,395,987.95 [1].

VeriSign Inc. provides domain name registry services and internet infrastructure, enabling internet navigation for various recognized domain names worldwide. The company's stock has shown resilience, with a 1-year low of $172.49 and a 1-year high of $290.38. The stock has a market cap of $26.94 billion, a P/E ratio of 35.07, and a beta of 0.78 [2]. The stock has a 50-day simple moving average of $280.88 and a 200-day simple moving average of $247.94.

The recent insider selling does not necessarily indicate a negative outlook on the company's future prospects. Insider trading can be influenced by various factors, including personal financial needs, diversification, or tax considerations. Investors should consider the broader market trends and the company's fundamentals when evaluating the impact of these transactions on VeriSign's stock price.

References:
[1] https://www.streetinsider.com/news.php?classic=1&id=25029236
[2] https://www.marketbeat.com/instant-alerts/filing-bank-of-new-york-mellon-corp-cuts-position-in-verisign-inc-nasdaqvrsn-2025-07-09/

VeriSign CEO James Bidsos Sells 5,540 Shares Amid Market Volatility.

Comments



Add a public comment...
No comments

No comments yet