Rep. Gilbert Ray Cisneros, Jr. Buys VeriSign, Inc. (NASDAQ:VRSN) Stock

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of VeriSign, Inc. (NASDAQ:VRSN). In a filing disclosed on March 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in VeriSign stock on February 10th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Thermon Group (NYSE:THR) on 3/2/2026.
• Purchased $1,001 – $15,000 in shares of Federal Signal (NYSE:FSS) on 3/2/2026.
• Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Uber Technologies (NYSE:UBER) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 2/24/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Oracle (NYSE:ORCL) on 2/24/2026.
• Purchased $1,001 – $15,000 in shares of Champion Homes (NYSE:SKY) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/20/2026.

VeriSign Stock Down 0.2%

VRSN traded down $0.58 on Thursday, hitting $235.15. The company had a trading volume of 787,942 shares, compared to its average volume of 738,053. The business’s fifty day simple moving average is $236.30 and its 200 day simple moving average is $251.47. VeriSign, Inc. has a 12-month low of $208.86 and a 12-month high of $310.60. The company has a market cap of $21.56 billion, a PE ratio of 26.69 and a beta of 0.76.

VeriSign (NASDAQ:VRSN) last issued its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.29 by ($0.06). The company had revenue of $425.30 million for the quarter, compared to analysts’ expectations of $424.04 million. VeriSign had a net margin of 49.84% and a negative return on equity of 40.40%. The company’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter last year, the company earned $2.00 earnings per share.

VeriSign Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 19th were issued a $0.81 dividend. This represents a $3.24 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Thursday, February 19th. This is a positive change from VeriSign’s previous quarterly dividend of $0.77. VeriSign’s payout ratio is 36.78%.

Insider Transactions at VeriSign

In other VeriSign news, EVP Thomas C. Indelicarto sold 332 shares of the business’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $240.62, for a total value of $79,885.84. Following the completion of the sale, the executive vice president directly owned 39,696 shares of the company’s stock, valued at $9,551,651.52. The trade was a 0.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO D James Bidzos sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $248.28, for a total transaction of $496,560.00. Following the transaction, the chief executive officer directly owned 414,099 shares in the company, valued at approximately $102,812,499.72. This trade represents a 0.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 16,490 shares of company stock valued at $4,036,071 in the last quarter. 0.84% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On VeriSign

Hedge funds and other institutional investors have recently modified their holdings of the business. Zions Bancorporation National Association UT increased its stake in VeriSign by 20.2% in the second quarter. Zions Bancorporation National Association UT now owns 226 shares of the information services provider’s stock worth $65,000 after purchasing an additional 38 shares during the period. Advisors Asset Management Inc. boosted its stake in shares of VeriSign by 25.3% during the first quarter. Advisors Asset Management Inc. now owns 198 shares of the information services provider’s stock valued at $50,000 after purchasing an additional 40 shares during the period. Tranquilli Financial Advisor LLC boosted its stake in shares of VeriSign by 5.1% during the fourth quarter. Tranquilli Financial Advisor LLC now owns 872 shares of the information services provider’s stock valued at $212,000 after purchasing an additional 42 shares during the period. Accretive Wealth Partners LLC grew its holdings in shares of VeriSign by 0.8% in the third quarter. Accretive Wealth Partners LLC now owns 5,779 shares of the information services provider’s stock worth $1,616,000 after purchasing an additional 44 shares during the last quarter. Finally, One Wealth Advisors LLC increased its stake in VeriSign by 3.8% in the 4th quarter. One Wealth Advisors LLC now owns 1,215 shares of the information services provider’s stock worth $295,000 after buying an additional 44 shares during the period. 92.90% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Citigroup decreased their price target on VeriSign from $337.00 to $280.00 and set a “buy” rating on the stock in a report on Monday, February 9th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of VeriSign in a research note on Monday, December 29th. Zacks Research upgraded shares of VeriSign from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Finally, JPMorgan Chase & Co. increased their target price on shares of VeriSign from $270.00 to $271.00 and gave the company a “neutral” rating in a research note on Tuesday, January 6th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, VeriSign currently has a consensus rating of “Hold” and an average target price of $292.00.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

VeriSign Company Profile

VeriSign, Inc (NASDAQ: VRSN) is an internet infrastructure company that operates critical components of the global Domain Name System (DNS) and provides cybersecurity-related services. The company is best known as the authoritative registry operator for the .com and .net top-level domains, maintaining the central databases and zone files that enable domain name resolution for millions of websites. VeriSign’s registry role is performed under contractual agreements with Internet Corporation for Assigned Names and Numbers (ICANN) and involves high-availability, highly secure operations to support continuous internet connectivity.

In addition to its registry business, VeriSign offers a suite of services designed to protect and accelerate DNS and internet traffic for enterprises and service providers.