AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Verisign EVP, Gen Counsel Thomas C Indelicarto Sells 501 Shares at $270.46/Share.
ByAinvest
Wednesday, Sep 3, 2025 6:33 pm ET1min read
VeriSign Inc. (NASDAQ: VRSN) has announced that EVP, General Counsel & Secretary Thomas C. Indelicarto has executed a transaction involving the sale of 501 shares at a price of $270.46 per share on September 2, 2025.
VeriSign Inc. (NASDAQ: VRSN) has reported that Executive Vice President, General Counsel & Secretary Thomas C. Indelicarto has sold 501 shares of the company's stock on September 2, 2025. The transaction occurred at an average price of $270.46 per share, according to the latest SEC filings [2].The sale, which was disclosed on August 12, 2025, resulted in a 1.34% decrease in Indelicarto's ownership of VeriSign stock. Prior to the sale, Indelicarto owned 36,767 shares, valued at approximately $9,724,871.50. Following the transaction, his direct ownership of the company's stock is now 36,266 shares, valued at approximately $9,635,631.50.
This sale comes amidst a period of significant institutional investment in VeriSign. In the first quarter of 2025, several large investors, including Landscape Capital Management L.L.C., Rakuten Securities Inc., Caitong International Asset Management Co. Ltd., UMB Bank n.a., Cromwell Holdings LLC, and Y.D. More Investments Ltd., increased their stakes in the company. These transactions highlight the ongoing interest in VeriSign's stock, despite the recent sale by Indelicarto [1].
VeriSign has been performing well financially, with a 5.9% year-over-year revenue increase in the last quarter and earnings of $2.21 per share, slightly exceeding analyst expectations. The company has also authorized a stock buyback program, indicating confidence in its stock's undervaluation. Additionally, VeriSign recently paid a quarterly dividend of $0.77 per share, offering an annualized yield of 1.1% [1].
The recent share sale by Indelicarto may not significantly impact VeriSign's overall stock performance, given the positive financial outlook and continued institutional interest. However, investors should monitor the company's earnings reports and other key metrics to assess the potential impact of such transactions on the stock's valuation.
References:
[1] https://www.marketbeat.com/instant-alerts/filing-landscape-capital-management-llc-purchases-shares-of-4650-verisign-inc-vrsn-2025-08-30/
[2] https://www.marketbeat.com/instant-alerts/filing-comerica-bank-sells-1527-shares-of-verisign-inc-vrsn-2025-09-01/
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet