Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Verizon Communications Inc. (NYSE:VZ). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Verizon Communications stock on April 14th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
- Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
- Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.
Verizon Communications Price Performance
VZ stock traded up $0.75 during trading on Tuesday, hitting $47.98. 18,125,542 shares of the stock traded hands, compared to its average volume of 23,806,336. Verizon Communications Inc. has a one year low of $38.39 and a one year high of $51.68. The stock has a market cap of $200.35 billion, a price-to-earnings ratio of 11.70, a P/E/G ratio of 0.99 and a beta of 0.24. The company has a 50 day simple moving average of $48.69 and a 200 day simple moving average of $44.35. The company has a current ratio of 0.64, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Strengthening Families & Communities LLC grew its position in shares of Verizon Communications by 490.0% during the 4th quarter. Strengthening Families & Communities LLC now owns 649 shares of the cell phone carrier’s stock worth $26,000 after buying an additional 539 shares during the period. Holos Integrated Wealth LLC acquired a new stake in shares of Verizon Communications in the 4th quarter valued at approximately $28,000. Lam Group Inc. bought a new position in Verizon Communications during the 1st quarter worth approximately $28,000. Foster Dykema Cabot & Partners LLC bought a new position in Verizon Communications during the 3rd quarter worth approximately $29,000. Finally, EQ Wealth Advisors LLC acquired a new position in Verizon Communications during the fourth quarter valued at approximately $29,000. 62.06% of the stock is currently owned by institutional investors.
Insider Activity at Verizon Communications
In other Verizon Communications news, Director Hans Erik Vestberg sold 200,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $49.61, for a total value of $9,922,000.00. Following the completion of the sale, the director owned 145,069 shares of the company’s stock, valued at approximately $7,196,873.09. This represents a 57.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Mary-Lee Stillwell sold 8,569 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $50.00, for a total transaction of $428,450.00. Following the completion of the sale, the senior vice president directly owned 43,782 shares of the company’s stock, valued at $2,189,100. The trade was a 16.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.03% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on VZ shares. Williams Trading set a $54.00 target price on shares of Verizon Communications in a research report on Monday, February 2nd. Evercore increased their price target on shares of Verizon Communications from $48.00 to $50.00 and gave the company an “outperform” rating in a research note on Monday, February 2nd. JPMorgan Chase & Co. increased their price target on shares of Verizon Communications from $49.00 to $52.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Morgan Stanley increased their price target on shares of Verizon Communications from $49.00 to $50.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 28th. Finally, Citigroup increased their price target on shares of Verizon Communications from $50.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, March 20th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $50.59.
Key Verizon Communications News
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Verizon announced tender offers, exchange offers, and consent solicitations for multiple series of notes, a move that could help streamline debt, reduce financing complexity, and support long-term balance sheet management. Article Title
- Positive Sentiment: Zacks highlighted Verizon as a top-ranked growth stock and noted that the company continues to draw investor attention, which can reinforce the view that the stock remains attractive on valuation and fundamentals. Article Title
- Neutral Sentiment: Several recent articles focus on Verizon’s status as a watched name and on broader commentary about its investment story, suggesting steady market interest rather than a clear new catalyst. Article Title
- Neutral Sentiment: Verizon’s ongoing layoffs and AI-related restructuring may improve efficiency over time, but they also signal that management is still working through a major cost-reset and transition period. Article Title
- Negative Sentiment: Market commentary flagged Verizon as one of the communication-services names most exposed to rising rates, since its dividend becomes less competitive versus Treasuries and investors may rotate away from telecom income stocks. Article Title
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
Verizon Communications Company Profile
Verizon Communications Inc (NYSE: VZ) is a major U.S.-based telecommunications company that provides a broad range of communications and information services. Its operations span consumer and business markets, with core offerings that include wireless voice and data services, fixed-line broadband and fiber-optic services, and enterprise networking solutions. Verizon is headquartered in New York City and operates a nationwide wireless network that supports consumer subscribers as well as business and government customers.
The company’s consumer products include mobile phone plans, unlimited data services, and Fios, its branded fiber-optic internet, television and voice service for homes and small businesses.
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