Insider Selling: Verizon Communications (NYSE:VZ) CEO Sells 1,100 Shares of Company Stock

Verizon Communications Inc. (NYSE:VZ) CEO Kyle Malady sold 1,100 shares of the stock in a transaction that occurred on Tuesday, September 29th. The stock was sold at an average price of $46.40, for a total value of $51,040.00. Following the completion of the transaction, the chief executive officer directly owned 103,266 shares in the company, valued at approximately $4,791,542.40. This trade represents a 1.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kyle Malady also recently made the following trade(s):

• On Tuesday, September 22nd, Kyle Malady sold 1,100 shares of Verizon Communications stock. The shares were sold at an average price of $47.65, for a total transaction of $52,415.00.
• On Tuesday, September 8th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The stock was sold at an average price of $49.98, for a total value of $54,978.00.
• On Tuesday, September 1st, Kyle Malady sold 1,100 shares of Verizon Communications stock. The stock was sold at an average price of $50.50, for a total transaction of $55,550.00.
• On Tuesday, August 25th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The stock was sold at an average price of $50.06, for a total transaction of $55,066.00.
• On Tuesday, August 18th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The stock was sold at an average price of $48.68, for a total value of $53,548.00.

Verizon Communications Stock Performance

Verizon Communications stock traded up $0.07 during mid-day trading on Wednesday, hitting $46.05. The company had a trading volume of 8,792,845 shares, compared to its average volume of 27,087,861. The company has a market capitalization of $191.35 billion, a price-to-earnings ratio of 12.00, a P/E/G ratio of 1.58 and a beta of 0.26. Verizon Communications Inc. has a 12-month low of $38.39 and a 12-month high of $51.68. The company’s fifty day moving average is $48.32 and its 200-day moving average is $47.32. The company has a current ratio of 0.60, a quick ratio of 0.57 and a debt-to-equity ratio of 1.36.

Verizon Communications (NYSE:VZ) last released its quarterly earnings data on Friday, July 24th. The cell phone carrier reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $1.27 by $0.03. The company had revenue of $34.25 billion during the quarter, compared to analysts’ expectations of $35.16 billion. Verizon Communications had a net margin of 11.64% and a return on equity of 19.48%. The firm’s revenue for the quarter was down .7% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.22 earnings per share. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. Equities research analysts predict that Verizon Communications Inc. will post 5.03 EPS for the current year.

Verizon Communications Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Friday, October 9th will be given a dividend of $0.7075 per share. The ex-dividend date is Friday, October 9th. This represents a $2.83 dividend on an annualized basis and a yield of 6.1%. Verizon Communications’s dividend payout ratio is currently 73.70%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on VZ. TD Cowen increased their target price on Verizon Communications from $54.00 to $56.00 and gave the company a “buy” rating in a research report on Monday, July 27th. Royal Bank Of Canada raised their price target on shares of Verizon Communications from $46.00 to $47.00 and gave the company a “sector perform” rating in a research note on Monday, July 27th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Verizon Communications in a research note on Wednesday, August 26th. Moffett Nathanson decreased their price objective on Verizon Communications from $56.00 to $49.00 and set a “neutral” rating on the stock in a report on Monday, July 20th. Finally, Morgan Stanley raised their target price on Verizon Communications from $50.00 to $52.00 and gave the company an “equal weight” rating in a report on Monday, July 27th. Eight equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat, Verizon Communications currently has a consensus rating of “Hold” and a consensus target price of $50.97.

Trending Headlines about Verizon Communications

Here are the key news stories impacting Verizon Communications this week:

• Positive Sentiment: Verizon elected Charles Phillips, co-founder and managing partner of Recognize Partners, to its board effective September 29. Management highlighted his technology, financial and regulatory experience, which could strengthen Verizon’s strategic oversight and support its transformation efforts. Verizon Elects Charles Phillips to its Board of Directors
• Positive Sentiment: Recent commentary continues to point to Verizon’s strong cash generation and subscriber momentum. Those trends support its high-yield dividend—near 6%—and may reinforce the stock’s appeal to income-oriented investors, although the sustainability of both trends remains a key question. Verizon Has Strong Cash Flow and Subscriber Momentum
• Neutral Sentiment: Verizon will release third-quarter 2026 results on October 26 before the market opens, giving investors a near-term catalyst to assess subscriber growth, wireless competition, cash flow and progress toward full-year earnings guidance. Verizon to Report Third-Quarter Earnings October 26
• Neutral Sentiment: Elevated investor searches for VZ indicate increased market attention, but the report does not identify a new fundamental development or change to analyst expectations. Investors Heavily Search Verizon

Institutional Investors Weigh In On Verizon Communications

Several hedge funds have recently made changes to their positions in the business. State Street Corp boosted its position in shares of Verizon Communications by 3.5% in the fourth quarter. State Street Corp now owns 222,951,399 shares of the cell phone carrier’s stock worth $9,080,810,000 after acquiring an additional 7,461,335 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Verizon Communications by 15.4% in the 1st quarter. Bank of America Corp DE now owns 62,101,021 shares of the cell phone carrier’s stock worth $3,117,471,000 after purchasing an additional 8,289,877 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Verizon Communications by 14.1% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 41,173,226 shares of the cell phone carrier’s stock worth $1,743,274,000 after purchasing an additional 5,075,794 shares in the last quarter. Bank of New York Mellon Corp grew its stake in Verizon Communications by 20.8% during the first quarter. Bank of New York Mellon Corp now owns 38,164,982 shares of the cell phone carrier’s stock worth $1,915,882,000 after buying an additional 6,580,820 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Verizon Communications by 6.4% during the first quarter. Dimensional Fund Advisors LP now owns 32,734,998 shares of the cell phone carrier’s stock worth $1,643,339,000 after purchasing an additional 1,972,634 shares in the last quarter. Institutional investors and hedge funds own 62.06% of the company’s stock.

Verizon Communications Company Profile

Verizon Communications Inc is a telecommunications company headquartered in New York City and listed on the New York Stock Exchange under the symbol VZ. The company was formed in 2000 through the merger of Bell Atlantic and GTE and has developed into one of the largest communications providers in the United States.

Verizon’s consumer business provides wireless voice and data services, smartphones and other connected devices, home internet, broadband, and related communications products.