Buffett's Berkshire Hathaway increased its stake in VeriSign (VRSN.US) to over 5.27 million shares.

Warren Buffett's Berkshire Hathaway (BRK.A.US, BRK.B.US) has recently increased its stake in internet domain registration service provider VeriSign (VRSN.US). According to filings with the Securities and Exchange Commission (SEC), Berkshire Hathaway's insurance subsidiary Geico and other business pension plans purchased a total of 143,424 shares of VeriSign stock between December 20 and this Tuesday, totaling $28.5 million at an average price of $199.05 per share. Geico added 14,921 shares, increasing its holdings to 7,920,402 shares, while the pension plans purchased 128,503 shares, bringing their total holdings to 5,272,947 shares. Currently, Berkshire Hathaway holds a total of 13,193,349 shares of VeriSign stock, maintaining its position as the largest shareholder. Berkshire Hathaway has not yet responded to requests for comment on this stock increase. As of 2024, VeriSign stock has performed flat, while the S&P 500 index has risen 25% during the same period. In recent years, VeriSign's stock performance has significantly lagged behind the market. Since the end of 2019, VeriSign's stock price has only increased by 6.6%, while the S&P 500 index has soared 86% during the same period. Earlier this month, Berkshire Hathaway also increased its stake in VeriSign stock, as well as purchasing shares of Occidental Petroleum Corporation (OXY.US) and satellite broadcaster Sirius XM Holdings (SIRI.US).