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VeriSign revenue growth percentage for Q1 2025 vs Q1 2024?
3
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VeriSign's quarterly financial reports
Story
Warren Buffett Raises VeriSign Stake to 13.7%, Now Worth $2.67 Billion
Dec 31, 2024, 02:23 AM
Warren Buffett, through Berkshire Hathaway, has significantly increased his stake in VeriSign Inc., a leading internet domain registry company. On December 30, 2024, Berkshire acquired 76,487 shares of VeriSign at $203.62 per share, contributing to a total purchase of 377,736 shares over six trading sessions ending December 24, 2024, for $73.95 million at an average price of $195.78 per share. This purchase raised Berkshire’s total holdings in VeriSign to 13.7% of the company’s outstanding shares, valued at approximately $2.67 billion as of December 28. VeriSign, known for managing top-level domains like .com and .net, has been a key player in internet infrastructure. The company's shares have recently performed well, reaching an 11-month high, and analysts project steady growth in its earnings and revenue for 2024 and 2025. This move, which represents 1.01% of Berkshire's portfolio, underscores Buffett's confidence in VeriSign's long-term potential and aligns with his value-investing strategy.
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