Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Verisign Inc shares valued at $198,800 were purchased by CALYS JOHN on Nov 07 ’24. At $186.49 per share, CALYS JOHN acquired 1,066 shares.
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
Also, Indelicarto Thomas C sold 1,228 shares, netting a total of over 233,320 in proceeds. Following the sale of shares at $190.00 each, the insider now holds 33,593 shares.
Before that, THOMAS C INDELICARTO had added 1,228 shares to its account. In a trade valued at $233,320, the Officer bought Verisign Inc shares for $190.00 each.
As published in a research note from Robert W. Baird on July 11, 2023, Verisign Inc [VRSN] has been rated down from an Outperform to a Neutral and the price target has been revised to $245 from $265. Analysts at Robert W. Baird upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in mid December. As of December 13, 2022, Citigroup has initiated its “Buy” rating for VRSN. Earlier on April 29, 2022, Robert W. Baird downgraded its rating. Their new recommendation was “a Neutral” for VRSN stock which previously was a “an Outperform”.
Analyzing VRSN Stock Performance
During the last five days, there has been a surge of approximately 5.16%. Over the course of the year, Verisign Inc shares have dropped approximately -9.71%. Shares of the company reached a 52-week high of $208.04 on 01/24/24 and a 52-week low of $167.04 on 05/02/24. A 50-day SMA is recorded $183.87, while a 200-day SMA reached $183.40. Nevertheless, trading volume fell to 0.65 million shares from 1.11 million shares the previous day.
Support And Resistance Levels for Verisign Inc (VRSN)
According to the 24-hour chart, there is a support level at 185.33, which, if violated, would cause prices to drop to 184.70. In the upper region, resistance lies at 187.03. The next price resistance is at 188.10. RSI (Relative Strength Index) is 57.37 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.15, which suggests the price will increase in the coming days. Percent R is at 36.05%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
