Rep. Gilbert Ray Cisneros, Jr. Buys Shares of Verizon Communications Inc. (NYSE:VZ)

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 Price Performance

VZ stock opened at $43.49 on Wednesday. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.60 and a quick ratio of 0.57. The business has a 50 day simple moving average of $48.02 and a 200-day simple moving average of $46.94. The firm has a market capitalization 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. Verizon Communications Inc. has a 1 year low of $38.39 and a 1 year high of $51.68.

Verizon Communications (NYSE:VZ) last announced its quarterly earnings data on Friday, July 24th. The cell phone carrier reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.03. The firm had revenue of $34.25 billion for the quarter, compared to the consensus estimate of $35.16 billion. Verizon Communications had a return on equity of 19.48% and a net margin of 11.64%. The firm’s revenue was down .7% compared to the same quarter last year. During the same quarter last year, the business posted $1.22 earnings per share. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. Equities research analysts anticipate that Verizon Communications Inc. will post 5.04 earnings per share for the current fiscal year.

Verizon Communications Dividend Announcement

The business also recently declared 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. The ex-dividend date is Friday, October 9th. This represents a $2.83 dividend on an annualized basis and a dividend yield of 6.5%. Verizon Communications’s dividend payout ratio is 73.70%.

Institutional Investors Weigh In On Verizon Communications

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Robinswood Financial LLC acquired a new position in shares of Verizon Communications in the first quarter worth about $27,000. Lam Group Inc. acquired a new stake in Verizon Communications during the 1st quarter valued at approximately $28,000. Gill Capital Partners LLC grew its stake in Verizon Communications by 74.6% during the 2nd 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. Bare Financial Services Inc increased its holdings in Verizon Communications by 37.4% during the 2nd quarter. Bare Financial Services Inc now owns 841 shares of the cell phone carrier’s stock worth $36,000 after purchasing an additional 229 shares during the last quarter. Finally, Frazier Financial Advisors LLC increased its holdings in Verizon Communications by 32.7% during the 1st quarter. Frazier Financial Advisors LLC now owns 888 shares of the cell phone carrier’s stock worth $45,000 after purchasing an additional 219 shares during the last quarter. Hedge funds and other institutional investors own 62.06% of the company’s stock.

Insider Activity

In other news, CEO Kyle Malady sold 1,100 shares of the stock in a transaction that occurred 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 completion of the transaction, the chief executive officer directly owned 102,166 shares in the company, valued at approximately $4,674,094.50. This represents a 1.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 7,700 shares of company stock valued at $372,922. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

VZ has been the subject of a number of recent research reports. Morgan Stanley raised their target price on Verizon Communications from $50.00 to $52.00 and gave the stock an “equal weight” 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. Moffett Nathanson dropped their price objective on shares of Verizon Communications from $56.00 to $49.00 and set a “neutral” rating for the company in a report on Monday, July 20th. TD Cowen raised their price objective on shares of Verizon Communications from $54.00 to $56.00 and gave the stock a “buy” rating in a research report on Monday, July 27th. Finally, Royal Bank Of Canada raised their price objective on shares of Verizon Communications from $46.00 to $47.00 and gave the stock a “sector perform” rating in a research report on Monday, July 27th. Eight research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $50.80.

Key Verizon Communications News

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

• Positive Sentiment: Verizon’s valuation is attracting income investors: the stock trades at roughly 11 times earnings and offers a dividend yield near 6.4%. An analyst argues that concerns about SpaceX’s near-term competitive threat are exaggerated because satellite networks face capacity and coverage limitations versus Verizon’s dense terrestrial 5G infrastructure. The company also has a planned $25 billion buyback and reported double-digit free-cash-flow growth. Verizon: Rarely Is Income This Cheap; We Added $1420 Of Income
• Positive Sentiment: Verizon expanded its business 5G fixed-wireless distribution through a reseller agreement with SKYBOXE, providing another sales channel to small businesses and remote operations seeking alternatives to wired broadband. Verizon Adds A New Reseller For Business 5G Fixed Wireless
• Neutral Sentiment: Verizon, AT&T and T-Mobile are pursuing satellite-supported coverage for underserved areas, which could help the carriers defend against Starlink while expanding rural connectivity. The strategy also suggests satellite services may complement, rather than replace, conventional cellular networks. Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
• Negative Sentiment: Bernstein lowered price targets for Verizon and other telecom companies, citing the potential impact of Starlink Mobile, carrier pricing actions and normal fourth-quarter seasonality. The revisions reinforce concerns about future pricing pressure and subscriber retention. SpaceX Starlink Mobile Push Prompts Bernstein To Cut Price Targets
• Negative Sentiment: Customer backlash over Verizon’s planned retirement of a legacy landline service adds reputational and execution risk, although the company is clarifying how customers in affected states will be handled. Verizon Responds to Customer Backlash

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.