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Added to YB: 2024-09-05

Pitch date: 2024-06-30

VRSN [bullish]

VeriSign, Inc.

+37.4%

current return

Author Info

No bio for this author

Company Info

VeriSign, Inc., together with its subsidiaries, provides internet infrastructure and domain name registry services that enables internet navigation for various recognized domain names worldwide.

Market Cap

$23.3B

Pitch Price

$176.13

Price Target

N/A

Dividend

1.23%

EV/EBITDA

21.56

P/E

29.26

EV/Sales

15.02

Sector

IT Services

Category

value

Show full summary:
Diamond Hill Mid Cap Fund New Position: VeriSign, Inc.

VRSN: Mission-critical DNS registry for .com/.net domains. Unique position with high switching costs & proprietary tech. Market focused on short-term post-COVID normalization concerns, allowing attractive entry. Initiated position based on competitive advantages & valuation.

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