VeriSign, Inc. (NASDAQ:VRSN) Shares Acquired by Swedbank AB

Market Beat
2025.02.01 09:37
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Swedbank AB increased its stake in VeriSign, Inc. (NASDAQ:VRSN) by 38.5% in Q4, owning 62,988 shares valued at approximately $13 million. Other institutional investors also raised their stakes significantly. Analysts have set new price targets for VeriSign, with Citigroup raising it to $238 and Robert W. Baird to $250. Insider activity included EVP Danny R. Mcpherson selling 2,092 shares. VeriSign's stock opened at $215, with a market cap of $20.66 billion and a PE ratio of 25.00.