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

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 Inc. has been busy over the past week buying stock in an internet domain-name registry company, to extend its stature as the company’s largest shareholder.

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.

Buffett has been a net seller of stocks by a wide margin in 2024, reducing equity exposure by over $100 billion. Buffett is finding it hard to find good value in the stock market as prices rise faster than underlying earnings.

Warren Buffett has been trimming stakes lately. So it was a surprise to see three huge insider purchases from Berkshire Hathaway last week.

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

After the Federal Reserve announced its latest interest-rate decision, financial markets sold off as the pace of future rate cuts appears that it will be slower than most had expected. During the sell-off, Warren Buffett-led Berkshire Hathaway bought shares of three stocks:

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