Berkshire Hathaway Has Held VeriSign Since 2012

Earnings
โดย Insider Monkey·Read original
Summary · why it matters

Berkshire Hathaway has held a stake in VeriSign since the second quarter of 2012, when it first disclosed ownership of 3.7 million shares worth $143 million. The position grew to 12.9 million shares by mid-2014 and remained at that level until a slight increase in early 2020, before declining to the current 8.9 million shares valued at $2.2 billion. VeriSign recently reported first-quarter adjusted earnings of $2.34 per share on revenue of $429 million, beating analyst estimates, and raised its full-year revenue guidance to a range of $1.730 billion to $1.745 billion. Diamond Hill Mid Strategy noted that Berkshire reduced its stake earlier in 2025 due to regulatory considerations, not company fundamentals, and that VeriSign continues to benefit from high switching costs, proprietary technology, and disciplined capital allocation.

Impact on stocks 2

Information Technology · 1 stocks
VeriSign Inc
VRSN
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VeriSign reported Q1 earnings and revenue beating estimates, raised full-year revenue guidance, and is noted for strong fundamentals and high switching costs.

Energy Transition & Power Demand · 1 stocks