The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Verisign Inc shares valued at $141,282 were sold by Indelicarto Thomas C on May 27 ’25. At $282.00 per share, Indelicarto Thomas C sold 501 shares. The insider’s holdings dropped to 39,719 shares worth approximately $10.69 million following the completion of this transaction.
Also, THOMAS C INDELICARTO purchased 501 shares, netting a total of over 141,282 in proceeds.
Before that, Roger Moore had added 25,000 shares to its account. In a trade valued at $7,012,500, the Board Member bought Verisign Inc shares for $280.50 each.
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 drop of approximately -4.17%. Over the course of the year, Verisign Inc shares have jumped approximately 30.04%. 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 267.65, which, if violated, would cause prices to drop to 266.16. In the upper region, resistance lies at 271.47. The next price resistance is at 273.80. RSI (Relative Strength Index) is 45.13 on the 14-day chart, showing neutral technical sentiment.
