Kyle Malady Sells 1,100 Shares of Verizon Communications (NYSE:VZ) Stock

Verizon Communications Inc. (NYSE:VZ) CEO Kyle Malady sold 1,100 shares of the stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $49.98, for a total transaction of $54,978.00. Following the completion of the sale, the chief executive officer directly owned 106,566 shares in the company, valued at approximately $5,326,168.68. This represents a 1.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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 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 transaction of $53,548.00.

Verizon Communications Stock Up 0.3%

Shares of NYSE VZ opened at $49.91 on Friday. Verizon Communications Inc. has a 1 year low of $38.39 and a 1 year high of $51.68. The firm has a 50-day simple moving average of $46.91 and a two-hundred day simple moving average of $47.51. The company has a market cap of $207.34 billion, a P/E ratio of 13.00, a PEG ratio of 1.69 and a beta of 0.26. 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 released its earnings results on Friday, July 24th. The cell phone carrier reported $1.30 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.03. Verizon Communications had a return on equity of 19.48% and a net margin of 11.64%.The firm had revenue of $34.25 billion for the quarter, compared to analysts’ expectations of $35.16 billion. During the same quarter in the prior year, the firm posted $1.22 earnings per share. The company’s quarterly revenue was down .7% on a year-over-year basis. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. Research analysts anticipate that Verizon Communications Inc. will post 5.03 earnings per share for the current year.

Verizon Communications Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Friday, October 9th will be given a $0.7075 dividend. This represents a $2.83 annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend is Friday, October 9th. Verizon Communications’s dividend payout ratio is 73.70%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on VZ. Barclays boosted their target price on shares of Verizon Communications from $45.00 to $46.00 and gave the company an “equal weight” rating in a research note on Monday, July 27th. TD Cowen lifted their price objective on shares of Verizon Communications from $54.00 to $56.00 and gave the company a “buy” rating in a report on Monday, July 27th. Freedom Capital raised shares of Verizon Communications to a “hold” rating in a research report on Friday, June 12th. Moffett Nathanson dropped their target price on shares of Verizon Communications from $56.00 to $49.00 and set a “neutral” rating on the stock in a research note on Monday, July 20th. Finally, Wells Fargo & Company raised their target price on shares of Verizon Communications from $43.00 to $47.00 and gave the stock an “equal weight” rating in a research report on Monday, July 27th. Eight investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat.com, Verizon Communications presently has an average rating of “Hold” and a consensus target price of $50.97.

Institutional Trading of Verizon Communications

A number of hedge funds have recently added to or reduced their stakes in the business. Robinswood Financial LLC bought a new stake in shares of Verizon Communications in the 1st quarter valued at about $27,000. Lam Group Inc. bought a new position in shares of Verizon Communications during the first quarter valued at approximately $28,000. Gill Capital Partners LLC boosted its stake 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 increased its holdings in Verizon Communications by 173.0% during the fourth 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 during the period. Finally, Quattro Advisors LLC purchased a new position in Verizon Communications during the fourth quarter valued at approximately $30,000. 62.06% of the stock is owned by hedge funds and other institutional investors.

Verizon Communications News Summary

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

• Positive Sentiment: Verizon agreed to purchase more than 80 million miles of high-density optical fiber from Corning between 2027 and 2032. The supply should support Verizon’s goal of expanding broadband access to 40 million–50 million passings, increase fiber-and-wireless bundling opportunities and build high-capacity connections for AI data centers. Corning Just Locked In a Massive Verizon Fiber Deal as AI Infrastructure Expands
• Positive Sentiment: Verizon management said low-Earth-orbit broadband providers, including Starlink, have had “zero discernible impact” on its broadband growth so far. That comments eases near-term concerns about satellite competition eroding Verizon’s fixed-line business. Verizon Waves Off Starlink, Bets On Cities And Old Phone Buildings
• Positive Sentiment: Investor commentary remains constructive, highlighting Verizon’s roughly 5%–6% dividend yield, recurring cash flow and potential growth from broadband, enterprise connectivity and AI-related infrastructure. Verizon: Buy For The 5%+ Yield, Stay For The Next Phase Of Growth
• Neutral Sentiment: Verizon maintained its quarterly dividend at $0.7075 per share, payable November 2 to shareholders of record October 9. The annualized payout is approximately $2.83 per share, supporting income-oriented demand but offering no increase-related catalyst. Verizon Keeps Quarterly Dividend at $0.7075 a Share
• Neutral Sentiment: CEO Kyle Malady sold 1,100 shares worth $54,978 under a pre-arranged Rule 10b5-1 plan. The small, scheduled transaction has limited signaling value, although repeated sales may prompt modest caution.
• Negative Sentiment: Investors have been shifting away from defensive, high-yield telecommunications stocks in favor of faster-growing sectors. Verizon’s position near its 52-week high may also increase profit-taking pressure, while the fiber agreement is primarily a longer-term opportunity because deliveries begin in 2027. Shift Away from Defensive Plays Hits Verizon Communications

Verizon Communications Company Profile

Verizon Communications Inc is a telecommunications company that provides wireless communications, broadband, and related technology services. Its offerings include mobile voice and data plans, 5G connectivity, fixed wireless access, fiber-optic internet through Verizon Fios, home services, and connected-device solutions.

Through Verizon Business, the company serves enterprises, government agencies, and other organizations with communications networks, managed connectivity, cybersecurity, cloud and edge-computing services, unified communications, and Internet of Things solutions.