Berkshire has Bought $VRSN Stock on 12 Consecutive Trading Days

Berkshire Hathaway $Berkshire Hathaway(BRK.B)$ $Berkshire Hathaway(BRK.A)$ is back at it — purchasing 20,044 more shares of $VeriSign(VRSN)$ for $4.1 million over the past three days.

Berkshire Hathaway disclosed that from Dec 20 2024 through Jan 3 2025, All in all, Berkshire has now bought $VRSN stock on 12 consecutive trading days.

Source: SEC.GOV

Berkshire purchased $VeriSign(VRSN)$ at an average price of $204.71, Warren Buffett now owns 13% of Verisign!

Below are the current stock trend of $VeriSign(VRSN)$.

$VeriSign(VRSN)$ owns the .com & .net domain name base (169m total) , it is a software stock with a net profit margin high around 56%, it has wide moat, low capex 50% , net income margin 7%, EPS growth 23x earnings.

As of the third quarter, VeriSign's profit margin was about 56%, ranking 5th among the most profitable companies in the $.SPX(.SPX)$ , tied with $NVIDIA(NVDA)$ .

VeriSign ranked third in operating profit margin and 13th in gross profit margin.

$VeriSign(VRSN)$ stock price has fallen about 2% this year, while the $.SPX(.SPX)$ has risen 27% during the same period.

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Besides $VeriSign(VRSN)$
- Warren Buffet added 8.9M shares of $Occidental(OXY)$ worth $409.2M adn added 5M shares of $Sirius XM(SIRI)$ worth $107.2M