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

Verizon Communications Inc. (NYSE:VZGet Free Report) CEO Kyle Malady sold 1,100 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $48.68, for a total transaction of $53,548.00. Following the completion of the transaction, the chief executive officer directly owned 109,866 shares of the company’s stock, valued at $5,348,276.88. This trade represents a 0.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Verizon Communications Stock Performance

Shares of Verizon Communications stock opened at $49.28 on Thursday. The company has a market capitalization of $204.76 billion, a PE ratio of 12.83, a PEG ratio of 1.35 and a beta of 0.25. Verizon Communications Inc. has a 12 month low of $38.39 and a 12 month high of $51.68. The company has a current ratio of 0.60, a quick ratio of 0.57 and a debt-to-equity ratio of 1.36. The stock’s fifty day simple moving average is $45.45 and its 200 day simple moving average is $47.24.

Verizon Communications (NYSE:VZGet Free Report) last posted its earnings results on Friday, July 24th. The cell phone carrier reported $1.30 earnings per share for the quarter, topping the consensus estimate 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 analyst estimates of $35.16 billion. During the same period in the previous year, the company posted $1.22 earnings per share. The company’s revenue for the quarter was down .7% on a year-over-year basis. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. On average, research analysts predict that Verizon Communications Inc. will post 5.03 EPS for the current year.

Verizon Communications Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 10th were issued a dividend of $0.7075 per share. This represents a $2.83 annualized dividend and a dividend yield of 5.7%. The ex-dividend date was Friday, July 10th. Verizon Communications’s payout ratio is 73.70%.

Key Verizon Communications News

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

  • Positive Sentiment: Verizon’s fiber strategy is receiving attention following its Frontier acquisition. Greater fiber scale could support broadband growth, improve network economics and strengthen the company’s competitive position. Verizon Communications Leans Into Fiber After the Frontier Close
  • Positive Sentiment: Income-focused coverage continues to highlight Verizon’s roughly 6% dividend yield and 20 consecutive years of dividend increases. Analysts note that the payout appears secure, although limited growth remains a consideration for investors. Verizon’s Dividend Looks Secure But Investors Should Keep an Eye on Growth
  • Positive Sentiment: A post-earnings review presents Verizon as a potential buy-or-hold candidate for income investors. The company recently exceeded quarterly EPS expectations and maintains fiscal 2026 EPS guidance of approximately $4.99 to $5.04. Verizon Buy, Sell, or Hold Post Q2 Earnings?
  • Neutral Sentiment: CEO Kyle Malady sold 1,100 shares under a pre-arranged Rule 10b5-1 trading plan. The small transaction reduces his holdings by less than 1% and is unlikely to materially change the investment outlook.
  • Neutral Sentiment: Articles criticizing Vanguard Dividend Appreciation ETF’s methodology and high-yield “dividend traps” concern other securities and do not directly alter Verizon’s fundamentals.
  • Negative Sentiment: The U.S. Supreme Court rejected Verizon’s final appeal of a $47 million FCC fine tied to customer location-data practices. The ruling ends the recovery effort and reinforces regulatory and privacy-compliance risks for the telecom operator. Supreme Court Rejects Verizon Bid to Recover $47M FCC Fine

Institutional Investors Weigh In On Verizon Communications

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of Verizon Communications by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 379,402,347 shares of the cell phone carrier’s stock valued at $15,453,058,000 after purchasing an additional 5,497,598 shares during the last quarter. State Street Corp boosted its holdings in Verizon Communications by 3.5% during the fourth quarter. State Street Corp now owns 222,951,399 shares of the cell phone carrier’s stock worth $9,080,810,000 after purchasing an additional 7,461,335 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in Verizon Communications by 5.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 116,570,816 shares of the cell phone carrier’s stock valued at $4,747,930,000 after purchasing an additional 5,851,715 shares in the last quarter. Geode Capital Management LLC grew its position in Verizon Communications by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 102,632,509 shares of the cell phone carrier’s stock valued at $4,168,080,000 after purchasing an additional 867,694 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in Verizon Communications by 15.4% in the 1st quarter. Bank of America Corp DE now owns 62,101,021 shares of the cell phone carrier’s stock valued at $3,117,471,000 after buying an additional 8,289,877 shares during the last quarter. Institutional investors and hedge funds own 62.06% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on the stock. Morgan Stanley raised their target price on shares of Verizon Communications from $50.00 to $52.00 and gave the stock an “equal weight” rating in a report on Monday, July 27th. Royal Bank Of Canada upped their price target on shares of Verizon Communications from $46.00 to $47.00 and gave the company a “sector perform” rating in a report on Monday, July 27th. Moffett Nathanson lowered their price objective on shares of Verizon Communications from $56.00 to $49.00 and set a “neutral” rating for the company in a research report on Monday, July 20th. Erste Group Bank restated a “hold” rating on shares of Verizon Communications in a report on Tuesday, May 5th. Finally, TD Cowen boosted their price objective on shares of Verizon Communications from $54.00 to $56.00 and gave the company a “buy” rating in a research report on Monday, July 27th. Nine analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $50.84.

View Our Latest Research Report on Verizon Communications

About Verizon Communications

(Get Free Report)

Verizon Communications Inc (NYSE: VZ) is a major U.S.-based telecommunications company that provides a broad range of communications and information services. Its operations span consumer and business markets, with core offerings that include wireless voice and data services, fixed-line broadband and fiber-optic services, and enterprise networking solutions. Verizon is headquartered in New York City and operates a nationwide wireless network that supports consumer subscribers as well as business and government customers.

The company’s consumer products include mobile phone plans, unlimited data services, and Fios, its branded fiber-optic internet, television and voice service for homes and small businesses.

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