Oklo stock tumbles as Financial Times scrutinizes valuation
Verisign (NASDAQ:VRSN), the $26.9 billion market cap internet infrastructure company with impressive 88% gross profit margins, saw its Executive Chairman, President, and CEO D. James Bidzos sell 7,000 shares of common stock on September 16th and 17th, 2025, for a total value of $2,013,680. According to InvestingPro analysis, the stock is currently trading above its Fair Value.
The sales occurred in multiple transactions with prices ranging from $286.16 to $290.59. Specifically, on September 16th, Bidzos sold 1,000 shares at a weighted average price of $286.591, and 4,000 shares at a weighted average price of $287.5316. On September 17th, he sold 1,086 shares at a weighted average price of $287.7086, 514 shares at a weighted average price of $288.9073, and 400 shares at a weighted average price of $290.0325. The stock has shown strong momentum, delivering a 58% return over the past year.
Following these transactions, Bidzos directly owns 478,438.7009 shares of Verisign stock. Discover more insights about VRSN’s valuation, financial health, and growth potential in the comprehensive Pro Research Report, available exclusively on InvestingPro.
In other recent news, VeriSign, Inc. has announced a significant transaction involving Berkshire Hathaway. Affiliates of Berkshire Hathaway are set to sell 4.3 million shares of VeriSign common stock at a price of $285 per share. This secondary offering, managed by J.P. Morgan Securities LLC, is structured so that all proceeds will go to the selling stockholders, with VeriSign not selling any shares or receiving any proceeds. The sale aims to reduce Berkshire Hathaway’s ownership of VeriSign below the 10% threshold, which would otherwise trigger additional regulatory obligations. Berkshire Hathaway has been a stockholder in VeriSign since 2012. The transaction is expected to close shortly, and the offering price represents a notable discount to VeriSign’s previous closing price of $305.98. This move by Berkshire Hathaway has been widely reported and has impacted investor sentiment.
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