Verizon Communications Inc. (NYSE:VZ – Get Free Report) CEO Kyle Malady sold 1,100 shares of Verizon Communications stock in a transaction that occurred on Tuesday, October 27th. The shares were sold at an average price of $43.00, for a total transaction of $47,300.00. Following the transaction, the chief executive officer directly owned 98,866 shares in the company, valued at approximately $4,251,238. This trade represents a 1.10% decrease in their ownership of the stock. 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, October 20th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The shares were sold at an average price of $44.48, for a total transaction of $48,928.00.
- On Tuesday, October 13th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The stock was sold at an average price of $42.93, for a total transaction of $47,223.00.
- On Tuesday, October 6th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The shares were sold at an average price of $45.75, for a total transaction of $50,325.00.
- 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 transaction of $51,040.00.
- 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 shares were 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 value 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 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 Performance
Verizon Communications stock traded down $0.27 during mid-day trading on Wednesday, hitting $43.66. 7,340,047 shares of the company’s stock traded hands, compared to its average volume of 27,360,488. 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 one year low of $38.68 and a one year high of $51.68. The firm has a 50 day moving average price of $47.35 and a 200 day moving average price of $46.68. The company has a market cap of $181.41 billion, a PE ratio of 11.13, a price-to-earnings-growth ratio of 1.70 and a beta of 0.26.
Verizon Communications Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Friday, October 9th will be issued a $0.7075 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $2.83 annualized dividend and a yield of 6.5%. Verizon Communications’s dividend payout ratio is presently 73.70%.
Key Stories Impacting Verizon Communications
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Verizon reported adjusted third-quarter EPS of $1.31, above the $1.27 consensus estimate, while adjusted EBITDA margins improved to approximately 40.2%. The company also raised its 2026 outlook for postpaid net additions, adjusted EPS and free cash flow, marking another increase to its guidance. Verizon Q3: Mr. Market Is Giving Away Over 6% Yield After Another Record Quarter
- Positive Sentiment: Wireless demand remained encouraging, with 406,000 postpaid phone net additions—the company’s strongest third-quarter result in five years. Broadband growth and record broadband revenue further support Verizon’s customer-focused turnaround. Verizon: 3 Key Takeaways for Long-Term Investors
- Positive Sentiment: Verizon signed major fiber and AI-infrastructure agreements, including a more than $2 billion dark-fiber contract with Amazon Web Services and additional contracts with large technology companies. These deals could create longer-term, higher-margin growth opportunities. Verizon Q3 Earnings Call Highlights Growth and AI Expansion
- Neutral Sentiment: CEO Dan Schulman said Verizon is open to working with satellite providers such as Starlink where connectivity is complementary, but does not see value in allowing SpaceX to use Verizon’s network to compete directly for wireless customers. He also argued that SpaceX could be years and hundreds of billions of dollars away from becoming a full-scale rival. Verizon CEO Open to Working With Elon Musk’s Starlink
- Negative Sentiment: Revenue of $34.31 billion increased 1.5% year over year but missed the $34.77 billion analyst estimate. The top-line miss overshadowed the EPS beat and subscriber gains, reinforcing concerns about Verizon’s limited growth rate. Why Verizon Stock Is Down Today
- Negative Sentiment: Several analysts lowered their price targets following the mixed earnings release, including Goldman Sachs, Barclays, Morgan Stanley, Citigroup and Daiwa. Although most targets remain above the current trading level, the revisions signal more cautious expectations for near-term upside. Verizon Analysts Cut Their Forecasts Following Q3 Earnings
Analyst Ratings Changes
Several equities analysts have commented on the stock. Barclays lowered their target price on shares of Verizon Communications from $46.00 to $44.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Morgan Stanley reduced their price target on shares of Verizon Communications from $52.00 to $50.00 and set an “equal weight” rating for the company in a research note on Tuesday. BNP Paribas Exane decreased their price objective on shares of Verizon Communications from $46.00 to $45.00 in a report on Tuesday. Weiss Ratings reiterated a “buy (b)” rating on shares of Verizon Communications in a research note on Wednesday, August 26th. Finally, Sanford C. Bernstein dropped their target price on Verizon Communications from $47.00 to $45.00 in a report on Tuesday, October 13th. Twelve investment analysts have rated the stock with a Buy rating and seventeen have issued a Hold rating to the company. Based on data from MarketBeat.com, Verizon Communications currently has an average rating of “Hold” and a consensus target price of $50.58.
View Our Latest Research Report on Verizon Communications
Institutional Investors Weigh In On Verizon Communications
Institutional investors and hedge funds have recently bought and sold shares of the business. USS Investment Management Ltd boosted its position in Verizon Communications by 4.6% during the 1st quarter. USS Investment Management Ltd now owns 713,156 shares of the cell phone carrier’s stock valued at $35,790,000 after acquiring an additional 31,354 shares in the last quarter. Cornerstone Capital Inc. raised its position in shares of Verizon Communications by 8.6% in the 2nd quarter. Cornerstone Capital Inc. now owns 317,284 shares of the cell phone carrier’s stock worth $13,434,000 after acquiring an additional 25,156 shares in the last quarter. University of Texas Texas AM Investment Management Co. raised its position in shares of Verizon Communications by 127.0% in the 2nd quarter. University of Texas Texas AM Investment Management Co. now owns 184,170 shares of the cell phone carrier’s stock worth $7,798,000 after acquiring an additional 103,046 shares in the last quarter. Lansforsakringar Fondforvaltning AB publ raised its position in shares of Verizon Communications by 3.1% in the 1st quarter. Lansforsakringar Fondforvaltning AB publ now owns 2,450,129 shares of the cell phone carrier’s stock worth $122,996,000 after acquiring an additional 73,159 shares in the last quarter. Finally, Sei Investments Co. lifted its stake in shares of Verizon Communications by 30.6% during the 1st quarter. Sei Investments Co. now owns 5,718,859 shares of the cell phone carrier’s stock worth $287,081,000 after purchasing an additional 1,339,580 shares during the last quarter. 62.06% of the stock is owned by institutional investors and hedge funds.
About Verizon Communications
Verizon Communications Inc is a telecommunications company that provides wireless communications, broadband, and digital connectivity services. Through its consumer business, Verizon offers mobile voice and data plans, smartphones and other connected devices, home internet, fixed wireless access, and fiber-optic broadband services under the Fios brand.
Verizon also serves businesses, government agencies, and other organizations with wireless connectivity, private networks, internet and data services, managed communications, cloud and security solutions, and Internet of Things services.
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