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 $137,995 were sold by Indelicarto Thomas C on Jun 03 ’25. At $275.44 per share, Indelicarto Thomas C sold 501 shares. The insider’s holdings dropped to 39,272 shares worth approximately $10.78 million following the completion of this transaction.
Also, THOMAS C INDELICARTO purchased 501 shares, netting a total of over 137,995 in proceeds.
Before that, Armstrong Courtney D had added 15 shares to its account. In a trade valued at $3,969, the Director bought Verisign Inc shares for $268.61 each. Upon closing the transaction, the insider’s holdings increased to 15 shares, worth approximately $1.42 million.
As published in a research note from Robert W. Baird on December 09, 2024, Verisign Inc [VRSN] has been rated up from a Neutral to an Outperform and the price target has been revised to $250 from $200. Analysts at Robert W. Baird downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in mid July. As of December 15, 2022, Robert W. Baird has increased its “Neutral” rating to a “an Outperform” for VRSN. Earlier on December 13, 2022, Citigroup initiated its rating. Their recommendation was “a Buy” for VRSN stock.
Analyzing VRSN Stock Performance
During the last five days, there has been a surge of approximately 1.99%. Over the course of the year, Verisign Inc shares have jumped approximately 32.63%. Shares of the company reached a 52-week high of $288.95 on 05/07/25 and a 52-week low of $203.66 on 01/03/25.
Support And Resistance Levels for Verisign Inc (VRSN)
According to the 24-hour chart, there is a support level at 273.48, which, if violated, would cause prices to drop to 272.47. In the upper region, resistance lies at 275.89. The next price resistance is at 277.29. RSI (Relative Strength Index) is 52.07 on the 14-day chart, showing neutral technical sentiment.
