Verizon Communications Inc. (NYSE:VZ – Get Free Report) CEO Kyle Malady sold 1,100 shares of Verizon Communications stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $49.98, for a total value of $54,978.00. Following the transaction, the chief executive officer owned 106,566 shares of the company’s stock, valued at $5,326,168.68. The trade was a 1.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, 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 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 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 stock was 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 $0.69 during mid-day trading on Wednesday, hitting $49.72. 13,910,356 shares of the company’s stock traded hands, compared to its average volume of 27,524,432. 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 firm has a 50 day simple moving average of $46.61 and a two-hundred day simple moving average of $47.50. 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 market cap of $206.55 billion, a price-to-earnings ratio of 12.95, a P/E/G ratio of 1.70 and a beta of 0.26.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on VZ shares. Royal Bank Of Canada increased their target price on Verizon Communications from $46.00 to $47.00 and gave the stock a “sector perform” rating in a research note on Monday, July 27th. Moffett Nathanson reduced their price target on Verizon Communications from $56.00 to $49.00 and set a “neutral” rating for the company in a research note on Monday, July 20th. Wells Fargo & Company upped their price objective on Verizon Communications from $43.00 to $47.00 and gave the company an “equal weight” rating in a report on Monday, July 27th. BNP Paribas Exane dropped their target price on Verizon Communications from $46.00 to $44.00 and set a “neutral” rating for the company in a report on Tuesday, July 14th. Finally, Scotiabank boosted their target price on shares of Verizon Communications from $51.50 to $52.50 and gave the company a “sector outperform” rating in a research report on Monday, July 27th. Eight research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat, Verizon Communications presently has an average rating of “Hold” and a consensus target price of $50.97.
View Our Latest Stock Report on VZ
Institutional Investors Weigh In On Verizon Communications
Large investors have recently added to or reduced their stakes in the stock. Robinswood Financial LLC acquired a new position in Verizon Communications in the 1st quarter valued at $27,000. Lam Group Inc. acquired a new stake in shares of Verizon Communications during the 1st quarter worth $28,000. Gill Capital Partners LLC grew its holdings in shares of Verizon Communications by 74.6% during the 2nd quarter. Gill Capital Partners LLC now owns 620 shares of the cell phone carrier’s stock worth $26,000 after purchasing an additional 265 shares in the last quarter. Sarver Vrooman Wealth Advisors increased its position in shares of Verizon Communications by 173.0% in the fourth quarter. Sarver Vrooman Wealth Advisors now owns 707 shares of the cell phone carrier’s stock worth $29,000 after purchasing an additional 448 shares during the period. Finally, Quattro Advisors LLC acquired a new position in Verizon Communications in the fourth quarter valued at about $30,000. Institutional investors and hedge funds own 62.06% of the company’s stock.
Verizon Communications News Summary
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Verizon signed a supply agreement with Corning covering approximately 80 million miles of high-density optical fiber through 2032. The deal is intended to expand broadband access and strengthen infrastructure for rising AI-related data traffic, potentially supporting Verizon’s long-term connectivity growth. Verizon signs optical fiber deal with Corning to expand broadband, support AI growth
- Positive Sentiment: The agreement could help Verizon bring internet service to more homes and businesses while benefiting from demand for converged broadband services and AI network capacity. The strategic relevance of the deal has also highlighted Verizon’s role in the broader AI infrastructure buildout. Verizon, Corning Reach Multi-Billion Dollar Agreement for Broadband Expansion
- Neutral Sentiment: Verizon declared a quarterly dividend of $0.7075 per share, unchanged from the prior quarter. The dividend is payable November 2 to shareholders of record October 9, reinforcing the stock’s income appeal but providing no new payout increase. Verizon declares quarterly dividend on September 9, 2026
- Negative Sentiment: Investors appear to be viewing the fiber agreement less favorably for Verizon than for Corning. Although the deal creates future network capacity, its multibillion-dollar scale implies substantial long-term investment and execution commitments, which may weigh on near-term returns and free cash flow. Verizon and Corning Just Signed an 80 Million Mile Fiber Deal to Wire the AI Boom
- Negative Sentiment: Commentary also notes that Verizon is trading near a 52-week high following a strong comeback, leaving investors questioning whether much of the recovery is already reflected in the valuation. A shift away from defensive telecom and income-oriented stocks may add further pressure. Verizon Stock Is Near a 52-Week High
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.
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