Company profile

Ticker
VRSN
Exchange
CEO
D. James Bidzos
Employees
Incorporated
Location
Fiscal year end
SEC CIK
IRS number
943221585

VRSN stock data

(
)

Calendar

22 Oct 20
27 Jan 21
31 Dec 21

News

Quarter (USD) Sep 20 Jun 20 Mar 20 Sep 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Verisign earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 155.11M 155.11M 155.11M 155.11M 155.11M 155.11M
Cash burn (monthly) 53.67M 50.49M (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) 210.73M 198.25M n/a n/a n/a n/a
Cash remaining -55.62M -43.14M n/a n/a n/a n/a
Runway (months of cash) -1.0 -0.9 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
20 Jan 21 Bidzos D James Common Stock Sell Dispose S Yes 200.2833 6,000 1.2M 832,356
20 Jan 21 Indelicarto Thomas C Common Stock Sell Dispose S Yes 200 613 122.6K 55,202
13 Jan 21 Bidzos D James Common Stock Sell Dispose S Yes 200 6,000 1.2M 838,356
13 Jan 21 Indelicarto Thomas C Common Stock Sell Dispose S Yes 200 613 122.6K 55,815
23 Dec 20 Bidzos D James Common Stock Sell Dispose S Yes 216.4947 1,847 399.87K 844,356
23 Dec 20 Bidzos D James Common Stock Sell Dispose S Yes 215.6095 2,468 532.12K 846,203
23 Dec 20 Bidzos D James Common Stock Sell Dispose S Yes 214.6788 1,685 361.73K 848,671
88.5% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 544 536 +1.5%
Opened positions 57 74 -23.0%
Closed positions 49 60 -18.3%
Increased positions 186 174 +6.9%
Reduced positions 217 223 -2.7%
13F shares
Current Prev Q Change
Total value 20.9B 21.37B -2.2%
Total shares 100.93M 103.38M -2.4%
Total puts 254.65K 311.1K -18.1%
Total calls 211K 299.61K -29.6%
Total put/call ratio 1.2 1.0 +16.2%
Largest owners
Shares Value Change
BRK.A Berkshire Hathaway 12.82M $2.63B 0.0%
Vanguard 10.89M $2.23B -6.5%
BLK Blackrock 8.8M $1.8B -0.7%
Renaissance Technologies 6.57M $1.35B -10.1%
STT State Street 4.16M $852.53M -2.6%
Capital International Investors 3.9M $798.1M +4.0%
Ninety One UK 2.89M $592.7M +1.4%
D. E. Shaw & Co. 2.57M $525.97M -2.2%
PFG Principal Financial Group Inc - Registered Shares 2.53M $518.63M -2.2%
Geode Capital Management 2.02M $413.9M +4.7%
Largest transactions
Shares Bought/sold Change
FMR 718.62K -1.12M -60.9%
Palestra Capital Management 0 -792.38K EXIT
TROW T. Rowe Price 1.79M +775.96K +76.4%
Vanguard 10.89M -752.58K -6.5%
Renaissance Technologies 6.57M -737.5K -10.1%
Viking Global Investors 653.1K +653.1K NEW
Stockbridge Partners 1.29M +505.45K +64.3%
Ajo 117.26K -473.47K -80.2%
Loomis Sayles & Co L P 844.4K +463.28K +121.6%
Fred Alger Management 44.29K -429.32K -90.6%

Financial report summary

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Management Discussion
  • ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
  • You should read the following discussion in conjunction with the 2019 Form 10-K and the interim unaudited Condensed Consolidated Financial Statements and related notes included in Part I, Item I of this Quarterly Report on Form 10-Q.
  • This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These forward-looking statements are based on current expectations and assumptions and involve risks and uncertainties, including, among other things, statements regarding our expectations about (i) the impact from the effects of the COVID-19 pandemic, (ii) the rate of growth in revenues for the remainder of 2020, (iii) Cost of revenues, Sales and marketing expenses, Research and development expenses, General and administrative expenses, Interest expense, and Non-operating income, net, for the remainder of 2020, (iv) the impact of new legislation and IRS guidance issued in response to the COVID-19 pandemic, and (v) our annual effective tax rate for 2020. Forward-looking statements include, among others, those statements including the words “expects,” “anticipates,” “intends,” “believes” and similar language. Our actual results may differ significantly from those projected in the forward-looking statements. Factors that might cause or contribute to such differences include, but are not limited to, those discussed in the section titled “Risk Factors” in Part II, Item 1A of this Quarterly Report on Form 10-Q. You should also carefully review the risks described in other documents we file from time to time with the Securities and Exchange Commission, including the Quarterly Reports on Form 10-Q or Current Reports on Form 8-K that we file in 2020 and the 2019 Form 10-K, which discuss our business in greater detail. You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this Quarterly Report on Form 10-Q. We undertake no obligation to update publicly or revise such statements, whether as a result of new information, future events, or otherwise, except as required by law.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: Chinese, diverted, Escalating, morale

Patents

GRANT
Utility
Systems, devices, and methods for generating a domain name using a user interface
26 Jan 21
Embodiments relate to systems, devices, computer-readable media, and computer-implemented methods for generating domain name suggestions by receiving an input string via a user interface, determining an alternative of the input string, determining affixes of the input string, determining top level domains associated with the input string, determining registration availability of domain names including one-step string sequences from the input string based on the alternative input string, the affixes of the input string, and the top level domains associated with the input string, and generating a display for the user interface, where the display includes: the input string, the alternative of the input string, the affixes of the input string, and the top level domains associated with the input string; and indications of the registration availability of the domains names including the one-step string sequences.
GRANT
Utility
Domain name suggestion and registration via chatbot
26 Jan 21
Techniques for providing domain name suggestions to a user that is a prospective registrant via chatbot are disclosed.
GRANT
Utility
Techniques for impeding and detecting network threats
26 Jan 21
In various embodiments, a name server transmits a canonical name as resolution to another canonical name.
APP
Utility
Authenticated Name Resolution
21 Jan 21
A method, system, and computer-readable memory containing instructions include receiving a DNS request containing authentication information, validating the authentication information, determining an appropriate action to take based on the validating status, and taking the appropriate action.
APP
Utility
GTLD Domain Name Registries Rdap Architecture
21 Jan 21
Provided is a method for providing Registration Data Access Protocol (“RDAP”) responses.