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

Verizon Communications Inc. (NYSE:VZ) 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 value of $50,325.00. Following the sale, the chief executive officer directly owned 102,166 shares in the company, valued at $4,674,094.50. The trade was a 1.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed 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 29th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The stock was sold at an average price of $46.40, for a total value of $51,040.00.
• 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 transaction of $54,978.00.
• On Tuesday, September 1st, Kyle Malady sold 1,100 shares of Verizon Communications stock. The shares were 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 shares were 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 0.1%

Shares of NYSE:VZ traded up $0.04 during midday trading on Wednesday, reaching $46.02. 7,973,131 shares of the company were exchanged, compared to its average volume of 26,931,773. The firm has a market cap of $191.21 billion, a PE ratio of 11.98, a P/E/G ratio of 1.56 and a beta of 0.26. Verizon Communications Inc. has a fifty-two week low of $38.39 and a fifty-two week high of $51.68. The stock has a fifty day simple moving average of $48.31 and a two-hundred day simple moving average of $47.16. 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 (NYSE:VZ) last issued its quarterly 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. The company had revenue of $34.25 billion for the quarter, compared to analyst estimates of $35.16 billion. Verizon Communications had a return on equity of 19.48% and a net margin of 11.64%.The company’s quarterly revenue was down .7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.22 earnings per share. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. As a group, sell-side analysts forecast that Verizon Communications Inc. will post 5.03 earnings per share for the current year.

Verizon Communications Dividend Announcement

The business 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 of this dividend is Friday, October 9th. This represents a $2.83 annualized dividend and a dividend yield of 6.1%. Verizon Communications’s payout ratio is 73.70%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. TD Cowen raised their target price on shares of Verizon Communications from $54.00 to $56.00 and gave the company a “buy” rating in a research note on Monday, July 27th. Weiss Ratings reissued a “buy (b)” rating on shares of Verizon Communications in a research report on Wednesday, August 26th. Scotiabank lowered their price objective on shares of Verizon Communications from $52.50 to $51.50 and set a “sector outperform” rating on the stock in a research note on Friday, October 2nd. Barclays upped their target price on shares of Verizon Communications from $45.00 to $46.00 and gave the company an “equal weight” rating in a report on Monday, July 27th. Finally, BNP Paribas Exane cut their target price on shares of Verizon Communications from $46.00 to $44.00 and set a “neutral” rating for the company in a research note on Tuesday, July 14th. Eight equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $50.90.

Hedge Funds Weigh In On Verizon Communications

Institutional investors and hedge funds have recently modified their holdings of the stock. Cornerstone Financial Management LLC boosted 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 purchasing an additional 207 shares in the last quarter. RKL Wealth Management LLC increased its position in Verizon Communications by 4.3% during the 1st 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. lifted its stake in 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 purchasing an additional 218 shares during the last quarter. Strategic Investment Solutions Inc. IL boosted its position in Verizon Communications by 8.6% in the fourth 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 in the last quarter. Finally, Frazier Financial Advisors LLC boosted its position in Verizon Communications by 32.7% in the first 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. 62.06% of the stock is currently owned by institutional investors and hedge funds.

Verizon Communications News Summary

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

• Positive Sentiment: Verizon, AT&T and T-Mobile formed a joint venture to expand wireless coverage in underserved rural areas and remote travel corridors. The initiative could strengthen Verizon’s network position, improve emergency connectivity and create additional opportunities in satellite and direct-to-device services. Verizon Communications Joins Wireless Venture To Close U.S. Coverage Gaps
• Positive Sentiment: A reseller agreement with SKYBOXE will make Verizon Business data plans available to more qualified U.S. business customers. The deal may modestly expand enterprise distribution and support Verizon’s fixed-wireless growth. SKYBOXE Enters Reseller Partnership to Offer Verizon Business Data Plans
• Positive Sentiment: Recent commentary points to improving customer trends, broadband growth and a potential long-term opportunity from AI infrastructure demand. Verizon’s relatively high dividend yield also continues to attract income-focused investors, although its appeal is being evaluated against AT&T and safer government-backed yields. VZ Shares Fall 6.5% in Six Months
• Neutral Sentiment: Investors are focused on Verizon’s next earnings release, expected Oct. 26. Results will be important for assessing wireless subscriber momentum, broadband expansion, cash flow and whether the company can support its dividend and full-year outlook. Should You Buy Verizon Communications Stock Before Oct. 26?
• Negative Sentiment: Analysts continue to highlight Verizon’s sizable debt burden and fierce competition, which could limit growth and pressure margins. Its shares have declined over the past six months, underscoring investor concerns despite the dividend and operational improvements. Verizon or AT&T: Which Dividend Is More Reliable?

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.