Opinicus Capital Inc. decreased its holdings in Verizon Communications Inc. (NYSE:VZ – Free Report) by 54.8% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 14,152 shares of the cell phone carrier’s stock after selling 17,153 shares during the period. Opinicus Capital Inc.’s holdings in Verizon Communications were worth $576,000 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of VZ. Foster Dykema Cabot & Partners LLC purchased a new stake in shares of Verizon Communications during the third quarter valued at approximately $29,000. Strengthening Families & Communities LLC raised its stake in shares of Verizon Communications by 490.0% during the fourth quarter. Strengthening Families & Communities LLC now owns 649 shares of the cell phone carrier’s stock valued at $26,000 after purchasing an additional 539 shares during the period. Holos Integrated Wealth LLC purchased a new stake in shares of Verizon Communications during the fourth quarter valued at approximately $28,000. EQ Wealth Advisors LLC purchased a new stake in shares of Verizon Communications during the fourth quarter valued at approximately $29,000. Finally, Richardson Capital Management LLC purchased a new stake in shares of Verizon Communications during the third quarter valued at approximately $35,000. Hedge funds and other institutional investors own 62.06% of the company’s stock.
Insider Buying and Selling at Verizon Communications
In other news, Director Hans Erik Vestberg sold 200,000 shares of the business’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $49.61, for a total transaction of $9,922,000.00. Following the completion of the transaction, the director owned 145,069 shares of the company’s stock, valued at approximately $7,196,873.09. The trade was a 57.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Mary-Lee Stillwell sold 8,569 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $50.00, for a total transaction of $428,450.00. Following the transaction, the senior vice president directly owned 43,782 shares of the company’s stock, valued at approximately $2,189,100. This trade represents a 16.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.03% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Research Report on VZ
Verizon Communications Stock Performance
Shares of VZ opened at $47.98 on Wednesday. Verizon Communications Inc. has a 1 year low of $38.39 and a 1 year high of $51.68. The company has a market cap of $200.35 billion, a price-to-earnings ratio of 11.70, a price-to-earnings-growth ratio of 0.99 and a beta of 0.24. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.64. The firm has a fifty day moving average of $48.69 and a 200-day moving average of $44.35.
Verizon Communications (NYSE:VZ – Get Free Report) last announced its quarterly earnings results on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.07. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The company had revenue of $34.44 billion during the quarter, compared to the consensus estimate of $34.82 billion. During the same quarter in the previous year, the company posted $1.19 earnings per share. The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. As a group, equities analysts anticipate that Verizon Communications Inc. will post 4.96 earnings per share for the current year.
Key Headlines Impacting Verizon Communications
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Verizon announced tender offers, exchange offers, and consent solicitations for multiple series of notes, a move that could help streamline debt, reduce financing complexity, and support long-term balance sheet management. Article Title
- Positive Sentiment: Zacks highlighted Verizon as a top-ranked growth stock and noted that the company continues to draw investor attention, which can reinforce the view that the stock remains attractive on valuation and fundamentals. Article Title
- Neutral Sentiment: Several recent articles focus on Verizon’s status as a watched name and on broader commentary about its investment story, suggesting steady market interest rather than a clear new catalyst. Article Title
- Neutral Sentiment: Verizon’s ongoing layoffs and AI-related restructuring may improve efficiency over time, but they also signal that management is still working through a major cost-reset and transition period. Article Title
- Negative Sentiment: Market commentary flagged Verizon as one of the communication-services names most exposed to rising rates, since its dividend becomes less competitive versus Treasuries and investors may rotate away from telecom income stocks. Article Title
Verizon Communications Profile
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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