Verizon Communications (NYSE:VZ) Stock Purchase Reported by Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Verizon Communications Inc. (NYSE:VZ). In a filing disclosed on October 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Verizon Communications stock on September 18th. 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 $15,001 – $50,000 in shares of Benchmark Electronics (NYSE:BHE) on 10/1/2026.
• Sold $1,001 – $15,000 in shares of Oxford Industries (NYSE:OXM) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 9/29/2026.
• Sold $15,001 – $50,000 in shares of ITT (NYSE:ITT) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Tandem Diabetes Care (NASDAQ:TNDM) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Ultragenyx Pharmaceutical (NASDAQ:RARE) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of YETI (NYSE:YETI) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of AtriCure (NASDAQ:ATRC) on 9/29/2026.

Verizon Communications Stock Performance

Shares of VZ opened at $43.49 on Wednesday. The company has a market cap of $180.71 billion, a PE ratio of 11.33, a price-to-earnings-growth ratio of 1.45 and a beta of 0.26. The firm has a 50-day moving average of $48.02 and a 200-day moving average of $46.94. Verizon Communications Inc. has a one year low of $38.39 and a one year high of $51.68. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.60 and a quick ratio of 0.57.

Verizon Communications (NYSE:VZ) last issued its earnings results on Friday, July 24th. The cell phone carrier reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.27 by $0.03. Verizon Communications had a net margin of 11.64% and a return on equity of 19.48%. The company had revenue of $34.25 billion for the quarter, compared to analysts’ expectations of $35.16 billion. During the same period in the prior year, the firm earned $1.22 EPS. Verizon Communications’s quarterly revenue was down .7% compared to the same quarter last year. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. As a group, equities analysts forecast that Verizon Communications Inc. will post 5.04 earnings per share for the current year.

Verizon Communications Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Friday, October 9th will be given a $0.7075 dividend. This represents a $2.83 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend is Friday, October 9th. Verizon Communications’s dividend payout ratio (DPR) is 73.70%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Cornerstone Financial Management LLC increased its stake in shares of Verizon Communications by 6.2% in the 2nd quarter. Cornerstone Financial Management LLC now owns 3,568 shares of the cell phone carrier’s stock valued at $151,000 after acquiring an additional 207 shares during the last quarter. RKL Wealth Management LLC boosted its position in shares of Verizon Communications by 4.3% during the first quarter. RKL Wealth Management LLC now owns 5,338 shares of the cell phone carrier’s stock worth $268,000 after purchasing an additional 218 shares in the last quarter. Manchester Financial Inc. grew its holdings in shares of Verizon Communications by 0.6% in the 2nd quarter. Manchester Financial Inc. now owns 34,924 shares of the cell phone carrier’s stock valued at $1,479,000 after buying an additional 218 shares during the period. Strategic Investment Solutions Inc. IL grew its holdings in shares of Verizon Communications by 8.6% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 2,765 shares of the cell phone carrier’s stock valued at $113,000 after buying an additional 219 shares during the period. Finally, Frazier Financial Advisors LLC increased its position in shares of Verizon Communications by 32.7% in the 1st quarter. Frazier Financial Advisors LLC now owns 888 shares of the cell phone carrier’s stock valued at $45,000 after buying an additional 219 shares in the last quarter. Institutional investors and hedge funds own 62.06% of the company’s stock.

Verizon Communications News Roundup

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

• Positive Sentiment: Valuation and dividend support: Verizon’s roughly 6%–6.2% dividend yield and low forward valuation are attracting income-oriented investors after the telecom-sector selloff. Analysts and financial commentators argue that the market may have overreacted to the SpaceX announcement, creating potential recovery upside if satellite competition develops slowly. Verizon’s Had a Difficult Six Months
• Positive Sentiment: New business 5G distribution channel: Verizon Business partnered with SKYBOXE to resell its 5G fixed-wireless data plans to U.S. small businesses and remote operations. The agreement gives Verizon another route to grow commercial connectivity and compete with wired broadband providers. Verizon Adds a New Reseller for Business 5G Fixed Wireless
• Positive Sentiment: Terrestrial networks remain strategically important: Coverage of the satellite selloff notes that Starlink is likely to be more useful in rural, maritime and remote areas than in dense urban markets, where terrestrial 5G networks offer significantly greater capacity. Verizon’s participation in a planned AT&T and T-Mobile satellite-coverage initiative could also help address dead zones without requiring a costly standalone space investment. Verizon: SpaceX Just Created a Swing-Trade Opportunity
• Neutral Sentiment: Investor attention is elevated: Verizon is among the most-watched stocks on Zacks, while comparisons with AT&T focus on Verizon’s stronger free-cash-flow potential but higher leverage from acquisitions. The attention may increase trading activity without establishing a clear fundamental catalyst. Verizon Is a Trending Stock
• Negative Sentiment: SpaceX competition remains the main overhang: Bernstein cut price targets for Verizon and other incumbent telecom companies, citing Starlink’s spectrum expansion, carrier pricing pressure and seasonal fourth-quarter weakness. The deal gives SpaceX additional low-band spectrum and reinforces fears that satellite services could eventually compete for wireless customers. SpaceX Starlink Mobile Push Prompts Bernstein to Cut Price Targets
• Negative Sentiment: Legacy-service retirement creates customer-relations risk: Verizon is clarifying plans to discontinue a legacy landline service in several states after customer backlash. Although the change may reduce maintenance costs over time, regulatory scrutiny and reputational concerns could weigh on sentiment. Verizon Responds to Customer Backlash

Analyst Upgrades and Downgrades

VZ has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Verizon Communications in a research report on Wednesday, August 26th. TD Cowen lifted their target price on Verizon Communications from $54.00 to $56.00 and gave the stock a “buy” rating in a research note on Monday, July 27th. Royal Bank Of Canada boosted their target price on Verizon Communications from $46.00 to $47.00 and gave the stock a “sector perform” rating in a report on Monday, July 27th. Scotiabank decreased their target price on Verizon Communications from $51.50 to $50.00 and set a “sector outperform” rating on the stock in a report on Friday, October 9th. Finally, Barclays increased their price target on Verizon Communications from $45.00 to $46.00 and gave the company an “equal weight” rating in a research note on Monday, July 27th. Eight investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat, Verizon Communications has an average rating of “Hold” and an average target price of $50.80.

Insider Buying and Selling

In related news, CEO Kyle Malady sold 1,100 shares of the firm’s stock in a transaction on Tuesday, October 6th. The stock was sold at an average price of $45.75, for a total transaction of $50,325.00. Following the sale, the chief executive officer owned 102,166 shares of the company’s stock, valued at approximately $4,674,094.50. This trade represents a 1.07% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 7,700 shares of company stock worth $372,922. Company insiders own 0.03% of the company’s stock.

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 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.