Healthcare of Ontario Pension Plan Trust Fund raised its stake in shares of VeriSign, Inc. (NASDAQ:VRSN) by 245.5% in the 2nd quarter, Holdings Channel reports. The firm owned 4,934 shares of the information services provider’s stock after purchasing an additional 3,506 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in VeriSign were worth $1,123,000 at the end of the most recent quarter.
A number of other large investors also recently made changes to their positions in the stock. Eagle Bay Advisors LLC acquired a new stake in shares of VeriSign in the 2nd quarter valued at about $26,000. Arkadios Wealth Advisors boosted its stake in VeriSign by 108.6% during the 2nd quarter. Arkadios Wealth Advisors now owns 121 shares of the information services provider’s stock valued at $27,000 after purchasing an additional 63 shares during the last quarter. Advisory Services Network LLC acquired a new position in VeriSign during the 2nd quarter valued at about $29,000. Founders Financial Alliance LLC acquired a new position in VeriSign during the 1st quarter valued at about $36,000. Finally, Alpha Paradigm Partners LLC acquired a new position in VeriSign during the 1st quarter valued at about $40,000. 88.46% of the stock is owned by institutional investors and hedge funds.
VeriSign stock opened at $209.97 on Thursday. VeriSign, Inc. has a 52 week low of $184.60 and a 52 week high of $234.56. The company’s 50 day moving average price is $213.83 and its two-hundred day moving average price is $217.32. The stock has a market cap of $23.49 billion, a P/E ratio of 38.11 and a beta of 0.79.
In other news, Director Timothy Tomlinson sold 600 shares of the business’s stock in a transaction on Monday, July 26th. The shares were sold at an average price of $223.56, for a total transaction of $134,136.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Thomas C. Indelicarto sold 613 shares of the company’s stock in a transaction on Wednesday, July 21st. The stock was sold at an average price of $229.21, for a total transaction of $140,505.73. Following the completion of the transaction, the executive vice president now owns 54,873 shares of the company’s stock, valued at $12,577,440.33. The disclosure for this sale can be found here. In the last three months, insiders have sold 20,665 shares of company stock worth $4,447,068. Insiders own 1.27% of the company’s stock.
VeriSign, Inc provides domain name registry services and Internet infrastructure, which enables Internet navigation for many of the world’s most recognized domain names. It enables the security, stability, and resiliency of key Internet infrastructure and services, including providing root zone maintainer services.
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