Warren Buffett’s Berkshire Hathaway has dumped nearly $1.23 billion worth of shares in the domain name giant Verisign.
Verisign, an internet infrastructure provider, announced Berkshire’s sale on Monday, noting the Omaha-based investment giant would sell 4,300,000 shares of the company’s common stock to the public for $285 per share.
Verisign’s stock, VRSN, is down 3.78% in the past 24 hours and 7.61% in the past five days. The stock is still up 29% in 2025, however.
The sell-off materialized after Buffett’s firm acquired multiple new stocks in the first quarter of 2025.
Filings with the U.S. Securities and Exchange Commission (SEC) earlier this year indicated Berkshire added 865,311 shares of the swimming pool supply giant POOLCORP (POOL) for nearly $262 million in Q1.
The firm purchased an additional 6,384,676 shares of the alcohol producer Constellation Brands (STZ) for nearly $961 million, and it acquired 238,613 new shares of Domino’s Pizza (DPZ) worth approximately $204 million.
The Omaha-based holding company also bought 112,401 new shares of Heico Corporation (HEI), an aerospace and electronics firm. Those new shares were worth nearly $50 million in Q1.
The performance of Berkshire’s new investments has been mixed in 2025 so far: POOL is down 8.42% on the year and STZ is down 22.42%, while DPZ is up 13.25% year-to-date and HEI is up 36.8%.
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