Nvidia among investors in xAI’s $20 bln capital raise- Bloomberg
Verisign (NASDAQ:VRSN) Executive Vice President, General Counsel, and Secretary Thomas C. Indelicarto sold 501 shares of common stock on September 9, 2025, at a price of $282.28, for a total value of $141,422. The sale comes as the $26.5 billion market cap company trades near its 52-week high, having delivered an impressive 58.63% return over the past year. According to InvestingPro analysis, the stock appears to be trading above its Fair Value.
Following the transaction, Indelicarto directly owns 35,191.2718 shares of Verisign. The company maintains robust financial health with an outstanding gross profit margin of 87.88%. For deeper insights into insider trading patterns and access to 10+ additional InvestingPro Tips, including comprehensive valuation metrics, consider exploring Verisign’s Pro Research Report.
In other recent news, VeriSign, Inc. announced that affiliates of Berkshire Hathaway will sell 4.3 million shares of the company’s common stock at $285 per share. This secondary offering, managed by J.P. Morgan Securities LLC, is intended to reduce Berkshire Hathaway’s ownership stake below the 10% regulatory threshold. The sale is structured so that all proceeds will go to the selling stockholders, with VeriSign not selling any shares or receiving any proceeds. Berkshire Hathaway has been a stockholder in VeriSign since 2012. The transaction is expected to generate $1.23 billion for the selling stockholders. The shares were priced at a significant discount compared to VeriSign’s previous closing price. The offering is expected to close soon, and the announcement has led to a notable decline in VeriSign’s stock price in recent trading.
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