Verisign Inc.’s filing revealed that its EVP, Gen Counsel & Secretary Indelicarto Thomas C unloaded Company’s shares for reported $0.23 million on Oct 15 ’24. In the deal valued at $190.00 per share,1,228 shares were sold. As a result of this transaction, Indelicarto Thomas C now holds 33,593 shares worth roughly $6.09 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, THOMAS C INDELICARTO bought 1,228 shares, generating $233,320 in total proceeds.
Before that, Indelicarto Thomas C sold 2,456 shares. Verisign Inc. shares valued at $466,640 were divested by the EVP, Gen Counsel & Secretary at a price of $190.00 per share. As a result of the transaction, Indelicarto Thomas C now holds 34,821 shares, worth roughly $6.31 million.
Robert W. Baird downgraded its Verisign Inc. [VRSN] rating to a Neutral from a an Outperform in a research note published on July 11, 2023; the price target was decreased to $245 from $265. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who increased its forecast for the stock in mid December from “a Neutral” to “an Outperform”. Citigroup began covering VRSN with “Buy” recommendation on December 13, 2022. Robert W. Baird revised its rating on April 29, 2022. It rated VRSN as “a Neutral” which previously was an “an Outperform”.
Price Performance Review of VRSN
On Friday, Verisign Inc. [NASDAQ:VRSN] saw its stock fall -2.09% to $181.26. Over the last five days, the stock has lost -3.44%. Verisign Inc. shares have fallen nearly -11.99% since the year began. Nevertheless, the stocks have fallen -12.21% over the past one year. While a 52-week high of $220.91 was reached on 01/24/24, a 52-week low of $167.04 was recorded on 05/02/24. SMA at 50 days reached $184.02, while 200 days put it at $184.49.
Levels Of Support And Resistance For VRSN Stock
The 24-hour chart illustrates a support level at 177.30, which if violated will result in even more drops to 173.33. On the upside, there is a resistance level at 188.51. A further resistance level may holdings at 195.75. The Relative Strength Index (RSI) on the 14-day chart is 38.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.93%. Stochastics %K at 16.49% indicates the stock is a buying.
How much short interest is there in Verisign Inc.?
A steep rise in short interest was recorded in Verisign Inc. stocks on 2024-10-15, dropping by 24512.0 shares to a total of 2.1 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 2.12 million shares. There was a decline of -1.17%, which implies that there is a negative sentiment for the stock.
