In a filing, Verisign Inc revealed its SVP, Cont., Chief Acct Officer CALYS JOHN unloaded Company’s shares for reported $0.1 million on Feb 24 ’25. In the deal valued at $231.75 per share,447 shares were sold. As a result of this transaction, CALYS JOHN now holds 23,735 shares worth roughly $5.66 million.
Then, CALYS JOHN bought 447 shares, generating $103,590 in total proceeds.
Before that, COTE KATHLEEN A sold 3,000 shares. Verisign Inc shares valued at $690,000 were divested by the Director at a price of $230.00 per share. As a result of the transaction, COTE KATHLEEN A now holds 27,346 shares, worth roughly $6.52 million.
Robert W. Baird upgraded its Verisign Inc [VRSN] rating to an Outperform from a a Neutral in a research note published on December 09, 2024; the price target was increased to $250 from $200. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who decreased its forecast for the stock in mid July from “an Outperform” to “a Neutral”. Robert W. Baird also remained covering VRSN and has increased its forecast on December 15, 2022 with a “an Outperform” recommendation from previously “Neutral” rating. Citigroup started covering the stock on December 13, 2022. It rated VRSN as “a Buy”.
Price Performance Review of VRSN
On Friday, Verisign Inc [NASDAQ:VRSN] saw its stock jump 2.05% to $238.35. Over the last five days, the stock has lost -0.88%. Verisign Inc shares have risen nearly 15.17% since the year began. Nevertheless, the stocks have risen 24.15% over the past one year. While a 52-week high of $242.23 was reached on 03/03/25, a 52-week low of $167.04 was recorded on 01/03/25. SMA at 50 days reached $222.67, while 200 days put it at $193.09.
Levels Of Support And Resistance For VRSN Stock
The 24-hour chart illustrates a support level at 235.65, which if violated will result in even more drops to 232.94. On the upside, there is a resistance level at 240.03. A further resistance level may holdings at 241.70. The Relative Strength Index (RSI) on the 14-day chart is 61.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.54%. Stochastics %K at 40.02% indicates the stock is a holding.
How much short interest is there in Verisign Inc?
A steep rise in short interest was recorded in Verisign Inc stocks on 2025-02-28, growing by 0.22 million shares to a total of 1.82 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.6 million shares. There was a rise of 12.1%, which implies that there is a positive sentiment for the stock.
