Verisign exec. chairman, pres, & ceo Bidzos sells $964k in stock

D. James Bidzos, the Executive Chairman, President, and CEO of Verisign Inc., sold approximately $964,690 worth of common stock on October 6, 2026. The transactions involved the sale of 3,300 shares, with prices fluctuating between $291.6327 and $294.0925 per share. Given that the stock is trading close to its 52-week high of $312.48 and has increased by 26% year-to-date, Bidzos' actions stand out.

Post-transaction, Bidzos holds 378,427.4109 shares of Verisign common stock, still serving as a Director and Officer of the company. According to InvestingPro analysis, Verisign appears overvalued at its current valuation. The company reported mixed results for Q2 2026, with earnings per share at $2.38, slightly below the expected $2.45, but revenue reached $434.6 million, exceeding the forecasted $433.83 million, marking a 6% year-over-year growth.

This growth was fueled by persistent demand for domain names. Despite the earnings shortfall, Verisign has raised its full-year guidance, signaling optimism for the rest of the year. Following the news, Verisign's stock experienced minimal fluctuation in after-hours trading. This report, supported by AI, was reviewed by an editor.