7,600 Shares in VeriSign, Inc. (NASDAQ:VRSN) Bought by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of VeriSign, Inc. (NASDAQ:VRSN) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 7,600 shares of the information services provider’s stock, valued at approximately $1,444,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Blue Trust Inc. boosted its holdings in VeriSign by 291.1% during the 2nd quarter. Blue Trust Inc. now owns 176 shares of the information services provider’s stock valued at $33,000 after acquiring an additional 131 shares during the period. UMB Bank n.a. increased its stake in VeriSign by 117.2% in the 2nd quarter. UMB Bank n.a. now owns 202 shares of the information services provider’s stock worth $36,000 after purchasing an additional 109 shares during the period. Rothschild Investment LLC bought a new stake in VeriSign in the second quarter valued at approximately $38,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of VeriSign during the second quarter valued at approximately $39,000. Finally, Concord Wealth Partners grew its holdings in shares of VeriSign by 93.2% in the third quarter. Concord Wealth Partners now owns 226 shares of the information services provider’s stock worth $43,000 after purchasing an additional 109 shares during the last quarter. 92.90% of the stock is owned by institutional investors.

Insider Activity at VeriSign

In other VeriSign news, EVP Thomas C. Indelicarto sold 2,456 shares of the firm’s stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of $190.00, for a total transaction of $466,640.00. Following the completion of the transaction, the executive vice president now owns 34,821 shares of the company’s stock, valued at approximately $6,615,990. This trade represents a 6.59 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.84% of the stock is owned by corporate insiders.

VeriSign Stock Down 2.3 %

Shares of NASDAQ VRSN opened at $187.18 on Monday. The firm’s fifty day moving average is $184.42 and its 200 day moving average is $180.70. VeriSign, Inc. has a 52 week low of $167.04 and a 52 week high of $220.91. The company has a market cap of $17.99 billion, a price-to-earnings ratio of 21.77 and a beta of 0.91.

VeriSign (NASDAQ:VRSN) last released its quarterly earnings data on Thursday, October 24th. The information services provider reported $2.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.01 by $0.06. VeriSign had a net margin of 55.74% and a negative return on equity of 45.59%. The firm had revenue of $390.60 million for the quarter, compared to analysts’ expectations of $390.19 million. During the same quarter in the previous year, the company earned $1.83 earnings per share. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year.

About VeriSign

VeriSign, Inc, together with its subsidiaries, provides domain name registry services and internet infrastructure that enables internet navigation for various recognized domain names worldwide. The company enables the security, stability, and resiliency of internet infrastructure and services, including providing root zone maintainer services, operating two of thirteen internet root servers; and offering registration services and authoritative resolution for the .com and .net domains, which supports global e-commerce.