Verizon Communications Inc. (NYSE:VZ – Get Free Report) CEO Kyle Malady sold 1,100 shares of the stock in a transaction dated Tuesday, September 29th. The stock was sold at an average price of $46.40, for a total transaction of $51,040.00. Following the sale, the chief executive officer 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 stock was sold at an average price of $47.65, for a total value 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 value of $55,066.00.
- On Tuesday, August 18th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The shares were sold at an average price of $48.68, for a total value of $53,548.00.
Verizon Communications Stock Up 0.2%
Shares of NYSE:VZ traded up $0.07 on Wednesday, reaching $46.05. The company had a trading volume of 8,792,845 shares, compared to its average volume of 27,087,861. The stock has a market capitalization of $191.35 billion, a P/E ratio of 12.00, a P/E/G ratio of 1.58 and a beta of 0.26. The company has a quick ratio of 0.57, a current ratio of 0.60 and a debt-to-equity ratio of 1.36. Verizon Communications Inc. has a twelve month low of $38.39 and a twelve month high of $51.68. The stock has a 50-day moving average price of $48.32 and a 200 day moving average price of $47.32.
Verizon Communications Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Friday, October 9th will be issued a dividend of $0.7075 per share. This represents a $2.83 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend is Friday, October 9th. Verizon Communications’s payout ratio is currently 73.70%.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the company. Robinswood Financial LLC bought a new stake in Verizon Communications during the 1st quarter valued at approximately $27,000. Lam Group Inc. purchased a new stake in Verizon Communications in the 1st quarter worth $28,000. Gill Capital Partners LLC grew its position in shares of Verizon Communications by 74.6% during the second quarter. Gill Capital Partners LLC now owns 620 shares of the cell phone carrier’s stock valued at $26,000 after purchasing an additional 265 shares in the last quarter. Sarver Vrooman Wealth Advisors grew its holdings in Verizon Communications by 173.0% during the 4th quarter. Sarver Vrooman Wealth Advisors now owns 707 shares of the cell phone carrier’s stock valued at $29,000 after buying an additional 448 shares in the last quarter. Finally, Bare Financial Services Inc increased its stake in Verizon Communications by 37.4% in the 2nd quarter. Bare Financial Services Inc now owns 841 shares of the cell phone carrier’s stock worth $36,000 after acquiring an additional 229 shares during the last quarter. Institutional investors 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: 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
Analysts Set New Price Targets
Several analysts have issued reports on VZ shares. Freedom Capital upgraded Verizon Communications to a “hold” rating in a research note on Friday, June 12th. Barclays upped their target price on Verizon Communications from $45.00 to $46.00 and gave the company an “equal weight” rating in a research report on Monday, July 27th. Moffett Nathanson lowered their price objective on Verizon Communications from $56.00 to $49.00 and set a “neutral” rating on the stock in a research report on Monday, July 20th. Wells Fargo & Company boosted their price objective on shares of Verizon Communications from $43.00 to $47.00 and gave the company an “equal weight” rating in a report on Monday, July 27th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Verizon Communications in a research report on Wednesday, August 26th. Eight research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $50.97.
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.
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