Warren Buffett’s Berkshire Hathaway Has Held VeriSign, Inc. (VRSN) Since 2012
Key takeaways
- Warren Buffett’s Berkshire Hathaway Has Held Veri Sign, Inc.
- (NASDAQ:VRSN) is an internet company that enables domain name registry and provides other services.
- (NASDAQ:VRSN)'s first-quarter earnings report saw the firm post a strong set of results.
Warren Buffett’s Berkshire Hathaway Has Held Veri Sign, Inc. (VRSN) Since 2012 Ramish Cheema Wed, July 1, 2026 at 12:30 AM GMT+7 2 min read VRSN BRK-B Veri Sign, Inc. (NASDAQ:VRSN) is one of the 10 Best Long-Term Stocks to Buy Now According to Warren Buffett.
Veri Sign, Inc. (NASDAQ:VRSN) is an internet company that enables domain name registry and provides other services. Its shares are down by 11.5% over the past year and are up by 6.3% year-to-date. Berkshire first disclosed a stake in the firm in Q2 2012, according to Insider Monkey's data. This stake came courtesy of 3.7 million shares that were worth $143 million. The number of shares gradually grew to 12.9 million in the second quarter of 2014. They remained at this level until Q1 2020, when they experienced a slight increase. Currently, the number of shares has dropped to 8.9 million, and they are worth $2.2 billion.
VeriSign, Inc. (NASDAQ:VRSN)'s first-quarter earnings report saw the firm post a strong set of results. The firm delivered $2.34 in adjusted earnings per share and $429 million in revenue to beat analyst estimates of $2.30 and $402 million. As part of the release, VeriSign, Inc. (NASDAQ:VRSN)'s management increased its full-year guidance for revenue to $1.730 billion and $1.745 billion from an earlier $1.715 billion and $1.735 billion range.