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Generali Investments Management Co LLC Sells 3,931 Shares of VeriSign, Inc. $VRSN
Generali Investments Management Co LLC reduced its stake in VeriSign, Inc. by 76.2%, selling 3,931 shares. Despite VeriSign beating Q1 earnings and revenue estimates and raising FY2026 guidance, shares pulled back due to concerns about future renewal comparisons and mixed institutional investor sentiment, including insider sales. Analysts have, however, lifted price targets for the company, maintaining a “Moderate Buy” consensus.