646jili com
Algert Global LLC boosted its position in VeriSign, Inc. ( NASDAQ:VRSN – Free Report ) by 18.5% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 3,655 shares of the information services provider’s stock after acquiring an additional 570 shares during the period. Algert Global LLC’s holdings in VeriSign were worth $694,000 as of its most recent SEC filing. Several other institutional investors have also added to or reduced their stakes in VRSN. Blue Trust Inc. raised its position in shares of VeriSign by 291.1% in the second quarter. Blue Trust Inc. now owns 176 shares of the information services provider’s stock valued at $33,000 after purchasing an additional 131 shares during the period. UMB Bank n.a. grew its stake in VeriSign by 117.2% in the 2nd quarter. UMB Bank n.a. now owns 202 shares of the information services provider’s stock valued at $36,000 after buying an additional 109 shares in the last quarter. Rothschild Investment LLC bought a new stake in VeriSign during the 2nd quarter valued at $38,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of VeriSign during the second quarter worth $39,000. Finally, Concord Wealth Partners boosted its holdings in shares of VeriSign by 93.2% in the third quarter. Concord Wealth Partners now owns 226 shares of the information services provider’s stock worth $43,000 after acquiring an additional 109 shares during the period. 92.90% of the stock is owned by hedge funds and other institutional investors. Insider Buying and Selling In other news, EVP Thomas C. Indelicarto sold 1,228 shares of the company’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $190.00, for a total value of $233,320.00. Following the transaction, the executive vice president now owns 33,593 shares of the company’s stock, valued at approximately $6,382,670. This represents a 3.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website . 0.84% of the stock is currently owned by insiders. VeriSign Stock Performance VeriSign ( NASDAQ:VRSN – Get Free Report ) last announced its quarterly earnings results on Thursday, October 24th. The information services provider reported $2.07 earnings per share for the quarter, beating the consensus estimate of $2.01 by $0.06. VeriSign had a negative return on equity of 45.59% and a net margin of 55.74%. The firm had revenue of $390.60 million for the quarter, compared to analysts’ expectations of $390.19 million. During the same period in the prior year, the business posted $1.83 earnings per share. The company’s revenue was up 3.8% on a year-over-year basis. About VeriSign ( Free Report ) VeriSign, Inc, together with its subsidiaries, provides domain name registry services and internet infrastructure that enables internet navigation for various recognized domain names worldwide. The company enables the security, stability, and resiliency of internet infrastructure and services, including providing root zone maintainer services, operating two of thirteen internet root servers; and offering registration services and authoritative resolution for the .com and .net domains, which supports global e-commerce. Featured Articles Want to see what other hedge funds are holding VRSN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VeriSign, Inc. ( NASDAQ:VRSN – Free Report ). Receive News & Ratings for VeriSign Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VeriSign and related companies with MarketBeat.com's FREE daily email newsletter .
How major US stock indexes fared Thursday, 12/5/2024Lions CBs Terrion Arnold, Ennis Rakestraw Jr. out vs. Colts
Parcion Private Wealth LLC Sells 331 Shares of Amazon.com, Inc. (NASDAQ:AMZN)Bank of South Carolina Co. (BKSC) to Issue Quarterly Dividend of $0.19 on January 31stFrench government falls in historic no-confidence vote
Charles Schwab Investment Management Inc. Buys 19,015 Shares of AutoNation, Inc. (NYSE:AN)
Chance of direct attack by Russia ‘remote’, says UK armed forces chiefConor McGregor has launched a furious rant after announcing that he will appeal the decision to award a woman more than £200,000 after the UFC star was found by a jury to have assaulted her in a hotel. Nikita Hand, won her claim against him for damages in a High Court civil case , after accusing the fighter of raping her in a Dublin hotel in December 2018. A jury of eight women and four men spent six hours and 10 minutes deliberating before returning its verdict after days of listening to evidence and closing speeches. She had also taken a case against another man, James Lawrence, alleging that he assaulted her by having sex with her without her consent in the Beacon Hotel. The jury found that he did not assault her. McGregor shook his head after the jury read out that Ms Hand had won her case against him before declining to comment as he left court. Now, McGregor has launched a furious tirade on social media. "Two men falsely accused. One vindicated, the other soon to be!" he said. "Congrats James Lawrence on absolute exoneration! Twice this heinous accusation was put to you and twice it was shown as FALSE! LIES! It is absolutely disgraceful what they put you through here. Disgraceful! "I look forward to seeing you further vindicate yourself and lambast those responsible in court! We know what happened that night! Everyone present knows, yet it was ignored. Every single statement of persons present on the night was ignored. And they all disputed Nikita’s LIES! "However James they did believe you but just in certain parts for some strange reason. And they apparently did not believe Danielle Kealy at all. Laughable! Also with the damages (60k and 188k, interesting choice of figures) it seems they didn’t believe Nikita much either. "How could they, her original story was she was gang raped by security and chased from the hotel on foot. Absolute nonsense. How these lies were accepted, I will never know. A court of feeling and opinion, brainwashed in to people via the main stream media. Not of fact! "The reporting in court a laughing stock to everyone present. As clear as day bias. This is not a court of hard evidence and truth. It is a kangaroo court of opinions and feelings. We are not done yet. Not by a long shot. No chance. On we fight! Justice and truth will prevail! Appeal! Appeal! Appeal! As well as other. Congrats James! Onwards and upwards!"In this article LULU Follow your favorite stocks CREATE FREE ACCOUNT A customer exits a Lululemon store in New York on Aug. 22, 2024. Yuki Iwamura | Bloomberg | Getty Images Lululemon 's U.S. growth is continuing to slow, but the athletic apparel retailer is making big gains abroad, leading to a 9% increase in sales year over year. The yoga pants company on Thursday beat Wall Street's expectations on the top and bottom lines and said it's "pleased" with the start to the holiday season. Here's how Lululemon performed in its fiscal third quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG: Earnings per share: $2.87 vs. $2.69 expected Revenue: $2.40 billion vs. $2.36 billion expected Shares climbed about 8% in extended trading Thursday. The company's reported net income for the three-month period that ended Oct. 27 was $352 million, or $2.87 per share, compared with $249 million, or $1.96 per share, a year earlier Sales rose to $2.40 billion, up about 9% from $2.20 billion a year earlier. For the all-important holiday shopping quarter, Lululemon is expecting revenue to be between $3.48 billion and $3.51 billion, representing growth of 8% to 10% from the prior year. Analysts were expecting revenue of $3.50 billion, or growth of 9.1%, which is roughly in line with the midpoint of the guidance, according to LSEG. It's expecting earnings per share to be between $5.56 and $5.64, the high end of which is ahead of the $5.59 analysts had expected, according to LSEG. For the full year, Lululemon tightened its revenue guidance and raised it by just a hair. It now expects fiscal 2024 revenue to come in between $10.45 billion and $10.49 billion, compared to previous guidance of between $10.38 billion and $10.48 billion. The outlook would top the $10.44 billion that Wall Street had expected, according to LSG It's expecting earnings per share to be between $14.08 and $14.16, ahead of the $13.97 that analysts had expected. Lululemon has hit a rough patch over the last year. It's still growing, but at a slower pace than it was previously, and the competitive environment has gotten more intense. Lululemon has always competed with legacy giants like Nike , Gap' s Athleta and Levi 's Beyond Yoga, but newer disrupters such as Vuori and Alo Yoga are also taking share from the Canadian retailer. The company has turned to China for growth, which so far is lifting sales across the overall business. Company-wide comparable sales grew 4% during the quarter, ahead of the 3.2% growth Wall Street was anticipating, according to StreetAccount. Behind that number is a 2% slowdown in comparable sales in the U.S., but a 25% increase internationally. Overall revenue grew 2% in the Americas during the quarter and 33% internationally. Still, the Americas remains Lululemon's largest market, and international is still a fraction of its overall revenue. Lululemon has also had a few self-inflicted challenges . It fumbled a high-profile product launch earlier this year and missed out on sales in the U.S. when it failed to offer the colors and sizes that its core customers desired. When the company reported earnings in August, CEO Calvin McDonald insisted that the brand remains strong in the U.S., but its women's business had slowed because it didn't have enough new styles to entice customers. All of these issues coincided with the departure of Lululemon's longtime chief product office Sun Choe, who resigned in May and joined V.F. Corp . It also came at a time when consumers, reeling from persistent inflation and an economy that feels worse than perhaps it actually is, are choosier than ever and less forgiving when a brand makes a mistake. Amid its rough patch, Lululemon has turned to stock buybacks to keep Wall Street happy. It approved a $1 billion increase to its stock repurchase program this month. As of Thursday, it had approximately $1.8 billion remaining in the program. Lululemon has also focused on boosting profitability amid uncertain demand. During the third quarter, gross margin grew more than expected, increasing by 1.5 percentage points to 58.5%, ahead of the 57.5% that analysts had expected, according to StreetAccount.