{
  "id": 13582364,
  "title": "Verisign exec. chairman, pres, & ceo Bidzos sells $964k in stock",
  "url": "https://urgent.news/2026/10/10/verisign-exec-chairman-pres-ceo-bidzos-sells-964k-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-10T23:46:18.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/verisign-exec-chairman-pres--ceo-bidzos-sells-964k-in-stock-93CH-4942328"
  },
  "original_language": "en",
  "account": "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.",
  "summary": null,
  "key_points": [
    "D. James Bidzos, Verisign CEO, sold $964k in stock on Oct 6, 2026",
    "Bidzos sold 3,300 shares at $291.63-$294.09 per share",
    "Post-sale, Bidzos retains 378,427 shares, still Director & Officer"
  ],
  "editors_take": "Bidzos' sale of nearly $1 million worth of Verisign stock, despite the company's strong revenue growth and raised full-year guidance, may suggest a loss of confidence in the stock's near-term prospects.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}