Verisign CEO D. James Bidzos sells $1.01 million in company stock
On October 20, 2026, VeriSign Inc.'s CEO, D. James Bidzos, offloaded 3,300 shares of the company's stock, totaling around $1.01 million. The shares were sold at prices ranging from $304.32 to $307.41, in four separate transactions. Bidzos retained 371,827.41 shares following the sales. VeriSign's stock, trading at $307.20 near its 52-week high of $312.48, is currently considered overvalued by analysts.
Despite this, VeriSign reported second-quarter earnings per share of $2.38, slightly below expectations, while revenue reached $434.6 million, a 6% increase over the previous year, as the company continues to benefit from high demand for domain names. The company also raised its full-year earnings guidance, signaling a positive outlook for the rest of the year, though VeriSign's stock showed little movement following the announcement.
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