Verisign 4: Statement of changes in beneficial ownership of securities

[Verisign-News]

VERISIGN INC/CA

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[Helmuts]

This document is all about the Berkshire Hathaway even further increasing their stake in Verisign.

Part of history: First Wave (Dec 17-19, 2024): Berkshire acquired 148,314 shares at prices ranging from $191.12 to $196.00 per share, bringing their total ownership to over 13 million shares.

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Here we see the 2nd wave (Dec 26-30, 2024): Another 71,471 shares were purchased at prices ranging from $201.12 to $206.11 per share, increasing the Berkshire Hathaway holdings to over 13.26 million shares.

These transactions show Berkshire’s strategic investment approach, focusing on Verisign’s solid fundamentals as a domain registry leader. With the increasing reliance on internet infrastructure and domain management, this move highlights Buffett’s belief in Verisign’s long-term growth potential.

What Does This Mean for Investors?

Verisign’s stable cash flow, strong market position, and demand-driven revenue make it a valuable asset for long-term portfolios. With Buffett backing it, the company could see increased interest from institutional and retail investors alike.

What are your thoughts on this? Is Verisign poised for significant growth, or is it just another steady performer in Berkshire’s diverse portfolio?

Your thoughts?