Verisign Inc’s recent filing unveils that its Director Buchalter Yehuda Ari unloaded Company’s shares for reported $0.17 million on May 06 ’25. In the deal valued at $283.79 per share,600 shares were sold. As a result of this transaction, Buchalter Yehuda Ari now holds 3,735 shares worth roughly $1.04 million.
Then, CALYS JOHN sold 400 shares, generating $112,788 in total proceeds. Upon selling the shares at $281.97, the SVP, Cont., Chief Acct Officer now owns 23,335 shares.
Before that, Buchalter Yehuda Ari bought 600 shares. Verisign Inc shares valued at $171,300 were divested by the Director at a price of $285.50 per share.
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 Monday, Verisign Inc [NASDAQ:VRSN] saw its stock fall -0.65% to $279.59. Over the last five days, the stock has lost -1.74%. Verisign Inc shares have risen nearly 35.09% since the year began. Nevertheless, the stocks have risen 65.87% over the past one year. While a 52-week high of $288.95 was reached on 05/07/25, a 52-week low of $168.51 was recorded on 01/03/25. SMA at 50 days reached $253.13, while 200 days put it at $208.98.
Levels Of Support And Resistance For VRSN Stock
The 24-hour chart illustrates a support level at 274.36, which if violated will result in even more drops to 269.13. On the upside, there is a resistance level at 284.91. A further resistance level may holdings at 290.23. The Relative Strength Index (RSI) on the 14-day chart is 64.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.03, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 23.23%. Stochastics %K at 84.37% indicates the stock is a selling.
