Rep. Gilbert Ray Cisneros, Jr. Buys VeriSign, Inc. (NASDAQ:VRSN) Shares

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of VeriSign, Inc. (NASDAQ:VRSN). In a filing disclosed on January 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in VeriSign stock on December 19th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Schneider Electric S.E. (OTCMKTS:SBGSF) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 12/30/2025.
• Purchased $50,001 – $100,000 in shares of Campbell’s (NASDAQ:CPB) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 12/26/2025.
• Sold $1,001 – $15,000 in shares of Bloom Energy (NYSE:BE) on 12/24/2025.
• Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 12/24/2025.
• Sold $1,001 – $15,000 in shares of Coinbase Global (NASDAQ:COIN) on 12/24/2025.
• Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 12/24/2025.

VeriSign Trading Up 1.2%

VeriSign stock opened at $249.31 on Thursday. VeriSign, Inc. has a 1-year low of $205.37 and a 1-year high of $310.60. The firm has a market capitalization of $23.11 billion, a PE ratio of 29.06 and a beta of 0.77. The firm’s 50 day simple moving average is $246.94 and its 200 day simple moving average is $264.00.

VeriSign (NASDAQ:VRSN) last announced its earnings results on Thursday, October 23rd. The information services provider reported $2.27 earnings per share for the quarter, topping analysts’ consensus estimates of $2.25 by $0.02. VeriSign had a negative return on equity of 40.66% and a net margin of 49.86%.The business had revenue of $419.10 million for the quarter, compared to analyst estimates of $416.71 million. During the same period in the prior year, the company earned $2.07 EPS. The company’s quarterly revenue was up 7.3% compared to the same quarter last year.

VeriSign Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 25th. Investors of record on Tuesday, November 18th were issued a dividend of $0.77 per share. This represents a $3.08 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Tuesday, November 18th. VeriSign’s dividend payout ratio is 35.90%.

Analyst Ratings Changes

Several research analysts recently weighed in on VRSN shares. Zacks Research cut shares of VeriSign from a “hold” rating to a “strong sell” rating in a research report on Tuesday, December 30th. Citigroup reissued a “buy” rating on shares of VeriSign in a research note on Friday, October 24th. JPMorgan Chase & Co. increased their price target on shares of VeriSign from $270.00 to $271.00 and gave the stock a “neutral” rating in a report on Tuesday, January 6th. Weiss Ratings restated a “hold (c+)” rating on shares of VeriSign in a research report on Monday, December 29th. Finally, Robert W. Baird set a $325.00 target price on shares of VeriSign in a research report on Friday, October 24th. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, VeriSign has a consensus rating of “Hold” and an average target price of $282.00.

Insider Activity

In other news, CEO D James Bidzos sold 2,000 shares of the stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $244.25, for a total transaction of $488,500.00. Following the completion of the sale, the chief executive officer owned 423,099 shares of the company’s stock, valued at approximately $103,341,930.75. This represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Thomas C. Indelicarto sold 498 shares of the firm’s stock in a transaction that occurred on Tuesday, January 13th. The stock was sold at an average price of $248.71, for a total transaction of $123,857.58. Following the completion of the transaction, the executive vice president owned 30,613 shares in the company, valued at $7,613,759.23. This represents a 1.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 40,833 shares of company stock valued at $10,164,318 over the last 90 days. 0.84% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On VeriSign

A number of institutional investors have recently made changes to their positions in VRSN. Bruce G. Allen Investments LLC raised its position in VeriSign by 56.5% in the 2nd quarter. Bruce G. Allen Investments LLC now owns 97 shares of the information services provider’s stock worth $28,000 after purchasing an additional 35 shares during the period. Zions Bancorporation National Association UT boosted its position in VeriSign by 20.2% during the second quarter. Zions Bancorporation National Association UT now owns 226 shares of the information services provider’s stock valued at $65,000 after buying an additional 38 shares during the period. Advisors Asset Management Inc. grew its stake in shares of VeriSign by 25.3% during the first quarter. Advisors Asset Management Inc. now owns 198 shares of the information services provider’s stock valued at $50,000 after buying an additional 40 shares during the last quarter. Accretive Wealth Partners LLC increased its holdings in shares of VeriSign by 0.8% in the third quarter. Accretive Wealth Partners LLC now owns 5,779 shares of the information services provider’s stock worth $1,616,000 after buying an additional 44 shares during the period. Finally, Gries Financial LLC increased its holdings in shares of VeriSign by 2.8% in the second quarter. Gries Financial LLC now owns 1,745 shares of the information services provider’s stock worth $504,000 after buying an additional 47 shares during the period. Hedge funds and other institutional investors own 92.90% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About VeriSign

VeriSign, Inc (NASDAQ: VRSN) is an internet infrastructure company that operates critical components of the global Domain Name System (DNS) and provides cybersecurity-related services. The company is best known as the authoritative registry operator for the .com and .net top-level domains, maintaining the central databases and zone files that enable domain name resolution for millions of websites. VeriSign’s registry role is performed under contractual agreements with Internet Corporation for Assigned Names and Numbers (ICANN) and involves high-availability, highly secure operations to support continuous internet connectivity.

In addition to its registry business, VeriSign offers a suite of services designed to protect and accelerate DNS and internet traffic for enterprises and service providers.