Company profile

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

VRSN stock data

(
)

Calendar

23 Apr 20
5 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 312.52M 310.54M 308.42M 306.29M
Net income 334.12M 153.91M 147.53M
Net profit margin 107% 49.90% 48.17%
Operating income 206.26M 198.57M 205.62M 201.69M
Net change in cash -9.5M 398.91M -642.29M -28.05M
Cash on hand 498.69M 508.2M 109.29M 751.58M
Cost of revenue 45.57M 46.45M 44.44M 44.07M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 1.23B 1.21B 1.17B 1.14B
Diluted EPS 5.15 4.75 3.68 3.42
Operating income 806.13M 767.39M 707.72M 686.57M
Net change in cash 150.78M -108.44M 233.91M 3.29M
Cash on hand 508.2M 357.42M 465.85M 231.95M
Cost of revenue 180.47M 192.13M 193.33M 198.24M

Financial data from VeriSign earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
15 May 20 Bidzos D James Common Stock Payment of exercise Dispose F No 217.25 2,130 462.74K 916,215
15 May 20 Strubbe Todd B Common Stock Payment of exercise Dispose F No 217.25 1,049 227.9K 120,292
15 May 20 Kilguss George E III Common Stock Payment of exercise Dispose F No 217.25 827 179.67K 198,108
15 May 20 Indelicarto Thomas C Common Stock Payment of exercise Dispose F No 217.25 531 115.36K 61,168
4 May 20 Strubbe Todd B Common Stock Gift Dispose G No 0 2,800 0 121,341
4 May 20 Strubbe Todd B Common Stock Sell Dispose S No 208.05 6,300 1.31M 124,141
1 May 20 Strubbe Todd B Common Stock Gift Dispose G No 0 4,300 0 130,441
29 Apr 20 Bidzos D James Common Stock Gift Dispose G No 0 2,000 0 918,345
91.2% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 521 544 -4.2%
Opened positions 67 87 -23.0%
Closed positions 90 59 +52.5%
Increased positions 166 159 +4.4%
Reduced positions 201 212 -5.2%
13F shares
Current Prev Q Change
Total value 19B 20.49B -7.2%
Total shares 105.38M 106.5M -1.1%
Total puts 353.6K 273.2K +29.4%
Total calls 396K 293.8K +34.8%
Total put/call ratio 0.9 0.9 -4.0%
Largest owners
Shares Value Change
BRK.A Berkshire Hathaway 12.82M $2.31B -1.1%
Vanguard 11.99M $2.16B +2.3%
BLK BlackRock 9.07M $1.63B -0.9%
Renaissance Technologies 8.11M $1.46B -2.0%
STT State Street 4.38M $788.8M -1.0%
Capital International Investors 3.2M $576.54M -0.0%
Ninety One UK 3.06M $550.35M -0.7%
D. E. Shaw & Co. 2.89M $520.5M -14.4%
PFG Principal Financial 2.63M $473.55M +10.7%
AMP Ameriprise Financial 2.03M $364.94M -3.1%
Largest transactions
Shares Bought/sold Change
Norges Bank 0 -1.08M EXIT
APG Asset Management 189.32K -705.93K -78.9%
Stockbridge Partners 686.76K +686.76K NEW
Wellington Management 1.44M -678.3K -32.0%
D. E. Shaw & Co. 2.89M -487.19K -14.4%
JHG Janus Henderson 63.46K -461.35K -87.9%
GS The Goldman Sachs Group, Inc. 1.43M -430.1K -23.1%
Echo Street Capital Management 423.83K +423.83K NEW
BNS The Bank of Nova Scotia 362.9K +333.66K +1140.9%
Artisan Partners Limited Partnership 328.51K +328.51K NEW

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.
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