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Verisign CEO D. James Bidzos sells $999k in company stock

Verisign CEO D. James Bidzos sells $999k in company stock

D. James Bidzos, the Executive Chairman, President, and CEO of VeriSign Inc., sold shares of the company's common stock amounting to $999,403 on October 13, 2026. The sales were spread across multiple transactions, with differing numbers of shares sold at various price points. Bidzos sold 700 shares at an average price of $300.56, 500 shares at $302.08, 1,500 shares at $303.08, 500 shares at $305.39, and concluded with the sale of 100 shares at $306.55.

This selling pattern occurred as VeriSign's stock price hovered near its 52-week high of $312.48, with the stock price increasing by 25% year-to-date. According to InvestingPro's analysis, VeriSign's stock appears to be overvalued relative to its Fair Value, making it part of the Most Overvalued list. After these transactions, Bidzos remained a significant shareholder, owning 375,127.4109 shares directly.

InvestingPro provides further analysis and insights into VeriSign’s valuation and performance metrics, offering over 10 ProTips and a detailed financial overview. Additionally, VeriSign reported mixed financial results for the second quarter of 2026, with earnings per share falling below analysts' expectations but revenue slightly exceeding projections, driven by ongoing demand for domain names.

The company has also raised its full-year guidance, reflecting confidence in its future prospects. Despite these updates, VeriSign's stock showed minimal movement in after-hours trading.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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