Yet, Buffett’s Berkshire Hathaway is doubling down on the company, which it first invested in more than a decade ago. The conglomerate bought up about 377,736 shares totaling ar

VeriSign is ranked 5th in the S&P 500 for the highest profit margin, at about 56%, tied with Nvidia, according to third-quarter financial data.

Warren Buffett‘s Berkshire Hathaway has made a significant investment in VeriSign Inc. (NASDAQ:VRSN), purchasing $74 million worth of shares. What Happened: The conglomerate acquired approximately 377,

Geico, and pension plans of other Berkshire Hathaway units bought nearly $30 million of shares of domain-name registry firm VeriSign.

Warren Buffett has invested more than $74 million in a Reston company best known for controlling internet domains for organizations across the globe.

Warren Buffett’s Berkshire Hathaway did what it does best in 2024—beat the market. While the S&P 500 had a historic 24% gain, Berkshire came out on top again, sticking to its decades-old strategy of value investing.

Warren Buffett, the renowned investor and CEO of Berkshire Hathaway, has been a net seller of stocks for the past two years. From October 1, 2022, to September 30, 2024, Buffett sold more stock than he purchased for eight consecutive quarters.