Rep. Gilbert Ray Cisneros, Jr. Purchases VeriSign, Inc. (NASDAQ:VRSN) Stock

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 Price Performance

Shares of NASDAQ VRSN traded up $2.97 during midday trading on Wednesday, hitting $249.31. 496,632 shares of the company’s stock were exchanged, compared to its average volume of 572,092. The company has a market cap of $23.11 billion, a PE ratio of 29.06 and a beta of 0.77. VeriSign, Inc. has a twelve month low of $205.37 and a twelve month high of $310.60. The firm’s fifty 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 (EPS) for the quarter, beating analysts’ consensus estimates of $2.25 by $0.02. The firm had revenue of $419.10 million during the quarter, compared to analysts’ expectations of $416.71 million. VeriSign had a negative return on equity of 40.66% and a net margin of 49.86%.The business’s revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the firm earned $2.07 EPS.

VeriSign Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 25th. Investors of record on Tuesday, November 18th were issued a $0.77 dividend. This represents a $3.08 annualized dividend 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%.

Wall Street Analysts Forecast Growth

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

Hedge Funds Weigh In On VeriSign

Several large investors have recently made changes to their positions in VRSN. Northwest Wealth Management LLC lifted its position in shares of VeriSign by 46.0% in the fourth quarter. Northwest Wealth Management LLC now owns 1,678 shares of the information services provider’s stock worth $408,000 after purchasing an additional 529 shares in the last quarter. Beacon Investment Advisory Services Inc. boosted its holdings in shares of VeriSign by 7.4% during the 4th quarter. Beacon Investment Advisory Services Inc. now owns 1,244 shares of the information services provider’s stock worth $302,000 after buying an additional 86 shares during the period. Exchange Traded Concepts LLC boosted its stake in VeriSign by 10.2% during the 4th quarter. Exchange Traded Concepts LLC now owns 1,377 shares of the information services provider’s stock valued at $335,000 after purchasing an additional 128 shares during the period. Amiral Gestion boosted its position in shares of VeriSign by 1,142.3% in the fourth quarter. Amiral Gestion now owns 110,357 shares of the information services provider’s stock valued at $26,811,000 after acquiring an additional 101,474 shares during the period. Finally, Family Wealth Partners LLC acquired a new stake in shares of VeriSign in the fourth quarter worth $222,000. Institutional investors own 92.90% of the company’s stock.

Insider Buying and Selling at VeriSign

In other VeriSign news, CEO D James Bidzos sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $250.05, for a total value of $1,250,250.00. Following the completion of the sale, the chief executive officer owned 442,966 shares in the company, valued at approximately $110,763,648.30. This trade represents a 1.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Danny R. Mcpherson sold 2,500 shares of VeriSign stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $236.87, for a total value of $592,175.00. Following the sale, the executive vice president directly owned 28,577 shares in the company, valued at $6,769,033.99. The trade was a 8.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 40,833 shares of company stock valued at $10,164,318. Corporate insiders own 0.84% 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.