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Warren Buffett‘s Berkshire Hathaway has made a significant investment in VeriSign Inc. VRSN, purchasing $74 million worth of shares. What Happened: The conglomerate acquired approximately ...
China’s official Manufacturing Purchasing Managers' Index (PMI) eased to 50.1 in December, compared to 50.3 in the previous reading. The reading came in below the market consensus of 50.3 in the ...
A December 26 filing with the U.S. Securities and Exchange Commission revealed Berkshire Hathaway's buying approximately 143,424 VeriSign shares with prices ranging $194.98 and $201.67.
Why the confidence? Let's talk margins. VeriSign is a financial fortress, with an 88% gross margin (11th best in the S&P 500), a 71% operating margin, and a 52% net-income margin. And here's the ...
Berkshire Hathaway now owns 13.27 million VeriSign shares, making it the largest shareholder. VeriSign has struggled with flat stock performance over 2023 and 2024, underperforming the S&P 500.
In a Form 4 filing with the Securities and Exchange Commission late Thursday, Buffett and Berkshire disclosed that Berkshire had spent $28.55 million to buy a total of 143,424 shares of VeriSign ...