Berkshire Hathaway's Verisign Stake
Warren Buffett acquired 13.3 Million Verisign shares worth $3.82 Billion. That's 1.44% of their equity portfolio (11th largest holding). The investor owns 14.21% of the outstanding Verisign stock. The first Verisign trade was made in Q4 2012. Since then Warren Buffett bought shares eleven more times and sold shares on three occasions. The stake costed the investor $674 Million, netting the investor a gain of 467% so far.
News about Verisign Inc. and Warren Buffett
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Warren Buffett Technology Guru? See The 4 Tech Stocks Where He Owns Millions of Shares
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
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Berkshire Hathaway (NYSE: BRK.B) is one of the last great conglomerates remaining in America.