Insider Trading Alert - VRSN, TUP And CYBX Traded By Insiders

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Yesterday, March 6, 2014, 101 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $393.74 to $268,715,620.68.

Highlighted Stocks Traded by Insiders:

VeriSign (VRSN) - FREE Research Report

Goshorn Richard H who is SVP, GC and Secretary at VeriSign sold 7,832 shares at $56.01 on March 6, 2014. Following this transaction, the SVP, GC and Secretary owned 85,528 shares meaning that the stake was reduced by 8.39% with the 7,832-share transaction.

The shares most recently traded at $56.18, up $0.17, or 0.3% since the insider transaction. Historical insider transactions for VeriSign go as follows:

  • 4-Week # shares sold: 333
  • 12-Week # shares sold: 999
  • 24-Week # shares sold: 999

The average volume for VeriSign has been 1.9 million shares per day over the past 30 days. VeriSign has a market cap of $7.5 billion and is part of the technology sector and internet industry. Shares are down 5.96% year-to-date as of the close of trading on Thursday.

VeriSign, Inc. provides Internet infrastructure services to various networks worldwide. The company offers domain name registry services that operate the authoritative directory of .com, .net, .cc, .tv, and .name domains, as well as the back-end systems for, .jobs, and .edu domains. The company has a P/E ratio of 16.1. Currently there are 2 analysts that rate VeriSign a buy, no analysts rate it a sell, and 4 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on VRSN - FREE

TheStreet Quant Ratings rates VeriSign as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, compelling growth in net income, revenue growth, expanding profit margins and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full VeriSign Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you liked this article you might like

4 Safe Cybersecurity Stocks: VRSN, NICE, QLYS, MIME

Cybersecurity Stocks: 4 Safe Picks

Five Stocks Breaking Out of Weekly Technical Chart Patterns

Market Recon: This Barbarous Relic Has Been Seriously Hot Lately

VeriSign (VRSN) Stock Sharply Higher in After-Hours Trade on Q3 Beat