A number of (NASDAQ:VRSN) insiders have sold shares in the last year, which may be of interest to company shareholders. When assessing insider trading, determining whether insiders are buying is generally more advantageous than determining whether insiders are selling, as the latter is open to multiple interpretations. However, if multiple insiders are selling shares during a particular period, this could be a red flag and shareholders should pay attention.
Although insider trading is not the most important thing when it comes to long-term investing, I think it would be foolish to completely ignore insider trading.
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VeriSign insider transactions over the past year
We can see that the biggest insider sale in the last year was when Chairman D. Bizos sold $3.2m worth of stock at around $220 per share. We generally don’t like insider selling, but the lower the selling price, the more concerned we are. One good thing is that this sale took place above the recent price ($181). So it’s difficult to draw any conclusions.
VeriSign insiders have not purchased any shares of the company in the last year. The chart below shows insider transactions (by companies and individuals) over the last year. Click on the chart to see all individual transactions, including stock price, individual, and date!
NASDAQGS:VRSN Insider Trading Volume as of October 27, 2024
I think VeriSign will get better if we see some large insider purchases. While we wait, undervalued small-cap stocks have seen significant insider buying recently. free Check out the list.
VeriSign Insiders Buy Stock
There has been notable insider selling in VeriSign over the last three months. During that period, insiders sold a total of US$1.7m worth of shares, and we didn’t record any purchases. Overall, the situation is cautious, but that is not the whole story.
Insider Ownership of VeriSign
Many investors like to see how much of a company insiders own. When insider ownership is high, company management often has shareholders’ interests more in mind. It’s great to see that VeriSign insiders own 0.9% of the company, worth about US$157m. Most shareholders would be glad to see this type of insider ownership because it suggests management’s incentives are well aligned with other shareholders.
So what does VeriSign insider trading mean?
Insiders have recently sold, but not purchased, VeriSign stock. And even if you look at last year, there were no purchases. But I’m not too worried because VeriSign is profitable and growing. Although insiders own a lot of the company’s stock (which is good), analyzing their transactions makes us less confident about the company. In addition to knowing about insider trading, it’s helpful to know the risks facing VeriSign. At Simply Wall St, there are a few things you need to keep in mind before proceeding further with your analysis. 3 warning signs (One potentially serious one!) I found was in VeriSign.
of course VeriSign may not be the best stock to buy. Therefore this free blue chip Please refer to our company collection.
For the purposes of this article, insiders are individuals who report their transactions to the relevant regulatory body. Currently, we only consider open market transactions and private dispositions of direct interests and do not consider derivative transactions or indirect dispositions.
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This article from Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts using unbiased methodologies and are not intended as financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take into account your objectives, or your financial situation. We aim to provide long-term analysis based on fundamental data. Our analysis may not take into account the latest price-sensitive company announcements or qualitative data. Simply Wall St has no position in any of the stocks mentioned.
