BlackRock Amends VeriSign Stake, Signals Continued Institutional Interest

TL;DR

**BlackRock updated its VeriSign ownership, still a big holder.**

AI Summary

BlackRock Inc. filed an amended SC 13G/A on January 24, 2024, indicating a change in its ownership of VERISIGN INC/CA's Common Stock as of December 31, 2023. This is the 13th amendment to their filing, showing BlackRock continues to be a significant institutional holder. For investors, this matters because large institutional ownership can signal confidence in the company's long-term prospects, but changes in these holdings can also influence stock price and liquidity.

Why It Matters

This filing shows BlackRock, a major institutional investor, is still a significant holder of VeriSign stock, which can be a positive signal for other investors. Any future changes in their stake could impact market sentiment and the stock's performance.

Risk Assessment

Risk Level: low — This is a routine amendment from a large institutional investor and does not indicate any immediate significant risk or opportunity.

Analyst Insight

Investors should note BlackRock's continued presence as a significant holder, but without specific share count changes, this filing primarily confirms ongoing institutional interest rather than signaling a new buying or selling trend.

Key Players & Entities

• BlackRock Inc. (company) — the reporting person filing the SC 13G/A
• VERISIGN INC/CA (company) — the subject company whose securities are being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• January 24, 2024 (date) — the filing date of the SC 13G/A
• 92343E102 (number) — the CUSIP number for VeriSign's Common Stock

FAQ

From the Filing

0001086364-24-002026.txt : 20240124 0001086364-24-002026.hdr.sgml : 20240124 20240124094640 ACCESSION NUMBER: 0001086364-24-002026 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240124 DATE AS OF CHANGE: 20240124 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VERISIGN INC/CA CENTRAL INDEX KEY: 0001014473 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] ORGANIZATION NAME: 06 Technology IRS NUMBER: 943221585 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-54923 FILM NUMBER: 24554592 BUSINESS ADDRESS: STREET 1: 12061 BLUEMONT WAY STREET 2: ATTN: GENERAL COUNSEL CITY: RESTON STATE: VA ZIP: 20190 BUSINESS PHONE: 7039483200 MAIL ADDRESS: STREET 1: 12061 BLUEMONT WAY STREET 2: ATTN: GENERAL COUNSEL CITY: RESTON STATE: VA ZIP: 20190 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us92343e1029_012324.txt us92343e1029_012324.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 13) VERISIGN INC -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 92343E102 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 92343E102 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 10002802 (6) Shared voting power 0 (7) Sole dispositive power 10818159 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 10818159 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 10.6% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- VERISIGN INC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 12061 BLUEMONT WAY ATTN: GENERAL COUNSEL RESTON VA 20190 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or principal business office