Fundsmith 13F: Cuts VeriSign (VRSN) Stake by $44M

Fundsmith Trims VeriSign Holding

Fundsmith reduced its investment in VeriSign, Inc. (NasdaqGS: VRSN) during the period ended May 15, 2026, according to a Form 13F filing with the SEC. The fund sold 157,167 shares, marking a 58.1% reduction from its previous count of 270,634 shares. After the adjustment, Fundsmith held 113,467 shares with an estimated value of $31.8 million.

VeriSign Stock Trades Above Key Moving Average

VeriSign shares traded near $279.89 on the stock market. The internet infrastructure provider's shares move within a 52-week band defined by a low of $208.86 and a high of $312.48. The current share price rests above the 200-day moving average of $263.99, while tracking just under the 50-day moving average of $286.07.

Recent Insider Transactions at VeriSign

Company insiders have transacted in company shares over recent weeks. On June 16, 2026, CEO and Executive Chairman James Bidzos sold 3,300 shares at a price of $274.22 per share under a pre-arranged trading plan, totaling $904,921.05. Earlier on June 15, 2026, EVP of Technology and CSO Danny Mcpherson sold 82 shares at $272.96 each for a total of $22,382.72, while CFO John Calys sold 290 shares at the same price for $79,158.40.

Analysts Set New Price Targets

Wall Street research firms continue updating their outlooks on the infrastructure software firm. On September 1, 2026, Wedbush maintained its outperform rating and raised its price target to $341.00 from $324.00. Earlier on July 24, 2026, JP Morgan maintained a neutral stance with a $316.00 target, while Wedbush held an outperform rating with a $324.00 target. JP Morgan previously kept a neutral rating on June 18, 2026, setting a target of $308.00. Overall, the company carries a buy consensus recommendation and an average price target of $324.40 based on five analyst opinions.

Domain Registry Operations and Infrastructure

VeriSign provides critical domain name registry services and internet infrastructure. The company operates authoritative resolution and registration services for top-level domains like .com and .net, which support global e-commerce activity. It also runs two of the thirteen internet root servers globally as a root zone maintainer.

What to Watch Next for VeriSign

Because 13F filings are backward-looking documents reflecting a specific past period, they may not show an investor's current positioning today. Observers will monitor subsequent SEC filings and look toward the company's next financial results update scheduled for October 22, 2026.