Verizon Communications (NYSE:VZ) Shares Sold by Rep. Pete Sessions

Posted by on Oct 29th, 2026

Representative Pete Sessions (Republican-Texas) recently sold shares of Verizon Communications Inc. (NYSE:VZ). In a filing disclosed on October 27th, the Representative disclosed that they had sold between $15,001 and $50,000 in Verizon Communications stock on October 2nd. The trade occurred in the Representative’s “TRUST ONE” account.

Representative Pete Sessions also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Walt Disney (NYSE:DIS) on 10/28/2026.
  • Sold $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 10/27/2026.
  • Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 10/27/2026.
  • Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 10/22/2026.
  • Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 10/22/2026.
  • Sold $1,001 – $15,000 in shares of Solstice Advanced Mat (NASDAQ:SOLS) on 10/21/2026.
  • Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 10/21/2026.
  • Sold $0 – $1,000 in shares of Resideo Technologies (NYSE:REZI) on 10/21/2026.
  • Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 10/20/2026.
  • Sold $15,001 – $50,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 10/15/2026.

Verizon Communications Price Performance

VZ stock opened at $43.16 on Thursday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.57 and a current ratio of 0.60. Verizon Communications Inc. has a 52 week low of $38.68 and a 52 week high of $51.68. The firm’s fifty day moving average is $47.24 and its 200 day moving average is $46.69. The firm has a market cap of $179.32 billion, a P/E ratio of 11.01, a P/E/G ratio of 1.70 and a beta of 0.26.

Verizon Communications (NYSE:VZ – Get Free Report) last posted its quarterly earnings results on Monday, October 26th. The cell phone carrier reported $1.31 earnings per share for the quarter, topping the consensus estimate of $1.27 by $0.04. The business had revenue of $34.31 billion during the quarter, compared to the consensus estimate of $34.77 billion. Verizon Communications had a net margin of 11.64% and a return on equity of 19.48%. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.21 earnings per share. Research analysts predict that Verizon Communications Inc. will post 5.04 earnings per share for the current year.

Verizon Communications Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Friday, October 9th will be issued a dividend of $0.7075 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $2.83 annualized dividend and a dividend yield of 6.6%. Verizon Communications’s dividend payout ratio (DPR) is currently 73.70%.

Insider Transactions at Verizon Communications

In other Verizon Communications news, CEO Kyle Malady sold 1,100 shares of the firm’s stock in a transaction dated Tuesday, October 27th. The shares were sold at an average price of $43.00, for a total value of $47,300.00. Following the completion of the sale, the chief executive officer owned 98,866 shares of the company’s stock, valued at $4,251,238. This trade represents a 1.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 11,000 shares of company stock valued at $516,373 over the last ninety days. 0.03% of the stock is owned by company insiders.

Analysts Set New Price Targets

VZ has been the topic of several recent research reports. Moffett Nathanson raised their price target on Verizon Communications from $49.00 to $50.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 22nd. Citigroup dropped their price objective on Verizon Communications from $55.00 to $53.00 and set a “buy” rating for the company in a research note on Tuesday. Barclays dropped their price objective on Verizon Communications from $46.00 to $44.00 and set an “equal weight” rating for the company in a research note on Tuesday. The Goldman Sachs Group cut their target price on shares of Verizon Communications from $51.00 to $47.00 in a report on Tuesday. Finally, Freedom Broker raised shares of Verizon Communications from a “hold” rating to a “buy” rating and lifted their target price for the stock from $53.00 to $55.00 in a research note on Wednesday. Thirteen equities research analysts have rated the stock with a Buy rating and seventeen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $50.82.

Get Our Latest Research Report on Verizon Communications

Verizon Communications News Roundup

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

  • Positive Sentiment: Broker upgrade: Freedom Broker upgraded Verizon from “hold” to “buy” and raised its price target from $53 to $55, implying substantial potential upside from recent trading levels. Freedom Broker Verizon rating
  • Positive Sentiment: Operational momentum: Verizon’s third-quarter adjusted EPS exceeded expectations, while postpaid phone additions, broadband growth, lower promotional costs and margin expansion supported a higher full-year outlook. The company also highlighted approximately $4 billion in signed AI-infrastructure contracts with AWS and Alphabet. Verizon Q3 earnings call highlights
  • Positive Sentiment: Potentially manageable satellite threat: CEO Dan Schulman said SpaceX could require four to six years and hundreds of billions of dollars to become a full U.S. wireless competitor. Verizon remains open to partnerships with satellite providers while rejecting arrangements that would allow Starlink to compete directly through Verizon’s network. SpaceX and Verizon competition

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Moss Adams Wealth Advisors LLC boosted its stake in shares of Verizon Communications by 5.1% during the 3rd quarter. Moss Adams Wealth Advisors LLC now owns 11,694 shares of the cell phone carrier’s stock worth $536,000 after purchasing an additional 568 shares during the period. Summit Global Investments grew its holdings in Verizon Communications by 68.0% during the 3rd quarter. Summit Global Investments now owns 31,192 shares of the cell phone carrier’s stock valued at $1,431,000 after purchasing an additional 12,623 shares during the last quarter. Invera Wealth Advisors LLC grew its holdings in Verizon Communications by 19.0% during the 3rd quarter. Invera Wealth Advisors LLC now owns 14,061 shares of the cell phone carrier’s stock valued at $645,000 after purchasing an additional 2,241 shares during the last quarter. Gilliland Jeter Wealth Management LLC grew its holdings in Verizon Communications by 1.4% during the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 25,739 shares of the cell phone carrier’s stock valued at $1,181,000 after purchasing an additional 350 shares during the last quarter. Finally, Americana Partners LLC raised its position in Verizon Communications by 0.8% in the 3rd quarter. Americana Partners LLC now owns 383,619 shares of the cell phone carrier’s stock worth $17,597,000 after purchasing an additional 3,044 shares during the period. Institutional investors own 62.06% of the company’s stock.

About Representative Sessions

Pete Sessions (Republican Party) is a member of the U.S. House, representing Texas’ 17th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Sessions (Republican Party) ran for re-election to the U.S. House to represent Texas’ 17th Congressional District. He won in the general election on November 5, 2024.

On October 20, 2023, Sessions announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. Sessions lost the first round of nomination voting on October 24, 2023.

Pete Sessions was born and lives in Waco, Texas. Sessions earned a B.S. from Southwestern University in 1978. Sessions’ career experience includes working as an executive with AT&T.

Verizon Communications Company Profile

(Get Free Report)

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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