BNP PARIBAS ASSET MANAGEMENT Holding S.A. Acquires 10,206 Shares of VeriSign, Inc. (NASDAQ:VRSN)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its holdings in shares of VeriSign, Inc. (NASDAQ:VRSN) by 2.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 365,532 shares of the information services provider’s stock after buying an additional 10,206 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned 0.38% of VeriSign worth $69,436,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of VeriSign during the first quarter valued at about $147,000. Epoch Investment Partners Inc. boosted its position in VeriSign by 245.4% during the 1st quarter. Epoch Investment Partners Inc. now owns 334,652 shares of the information services provider’s stock worth $63,420,000 after buying an additional 237,770 shares during the period. Lazard Asset Management LLC grew its holdings in VeriSign by 6.7% during the 1st quarter. Lazard Asset Management LLC now owns 793,507 shares of the information services provider’s stock worth $150,376,000 after acquiring an additional 49,967 shares during the last quarter. BOKF NA grew its holdings in VeriSign by 1.7% during the 1st quarter. BOKF NA now owns 23,746 shares of the information services provider’s stock worth $4,496,000 after acquiring an additional 395 shares during the last quarter. Finally, Public Employees Retirement Association of Colorado increased its position in VeriSign by 96.5% in the 1st quarter. Public Employees Retirement Association of Colorado now owns 18,430 shares of the information services provider’s stock valued at $3,493,000 after acquiring an additional 9,051 shares during the period. 92.90% of the stock is owned by institutional investors and hedge funds.

VeriSign Stock Performance

Shares of NASDAQ:VRSN opened at $184.91 on Friday. VeriSign, Inc. has a 52 week low of $167.04 and a 52 week high of $220.91. The firm has a market cap of $17.77 billion, a PE ratio of 21.50 and a beta of 0.91. The firm’s fifty day moving average is $183.88 and its 200-day moving average is $179.85.

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

Insider Buying and Selling

In related news, EVP Thomas C. Indelicarto sold 1,228 shares of VeriSign stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $190.00, for a total transaction of $233,320.00. Following the completion of the transaction, the executive vice president now owns 33,593 shares of the company’s stock, valued at $6,382,670. This trade represents a 3.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.84% of the stock is owned by insiders.

VeriSign Company Profile

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.