Insider Selling: Verizon Communications (NYSE:VZ) CEO Sells $51,040.00 in Stock

October 1, 2026 by InsiderTrades.com

Key Points

Verizon CEO Kyle Malady sold 1,100 shares for approximately $51,040 under a pre-arranged Rule 10b5-1 trading plan, reducing his ownership by about 1.05% to 103,266 shares.
Verizon reported quarterly EPS of $1.30, above analyst expectations of $1.27, although revenue of $34.25 billion fell short of estimates and declined 0.7% year over year.
The company announced a quarterly dividend of $0.7075 per share, equivalent to an annualized $2.83 dividend and a 6.2% yield; analysts maintain a consensus “Hold” rating with an average price target of $50.97.

Verizon Communications logo Verizon Communications Inc. (NYSE:VZ - Get Free Report) CEO Kyle Malady sold 1,100 shares of the firm's stock in a transaction on Tuesday, September 29th. The stock was sold at an average price of $46.40, for a total value of $51,040.00. Following the transaction, the chief executive officer owned 103,266 shares of the company's stock, valued at approximately $4,791,542.40. This represents a 1.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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Kyle Malady also recently made the following trade(s):

On Tuesday, September 22nd, Kyle Malady sold 1,100 shares of Verizon Communications stock. The shares were sold at an average price of $47.65, for a total transaction of $52,415.00.
On Tuesday, September 8th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The stock was sold at an average price of $49.98, for a total transaction of $54,978.00.
On Tuesday, September 1st, Kyle Malady sold 1,100 shares of Verizon Communications stock. The stock was 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 stock was sold at an average price of $50.06, for a total transaction of $55,066.00.
On Tuesday, August 18th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The shares were sold at an average price of $48.68, for a total transaction of $53,548.00.

Verizon Communications Stock Performance

NYSE:VZ opened at $45.97 on Thursday. Verizon Communications Inc. has a 12 month low of $38.39 and a 12 month high of $51.68. The firm has a market capitalization of $190.99 billion, a PE ratio of 11.97, a price-to-earnings-growth ratio of 1.56 and a beta of 0.26. 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's fifty day moving average price is $48.36 and its 200 day moving average price is $47.29.

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Verizon Communications (NYSE:VZ - Get Free Report) last issued 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. The business had revenue of $34.25 billion for the quarter, compared to analyst estimates of $35.16 billion. Verizon Communications had a return on equity of 19.48% and a net margin of 11.64%.The business's quarterly revenue was down .7% on a year-over-year basis. During the same quarter last year, the company earned $1.22 EPS. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. On average, sell-side analysts anticipate that Verizon Communications Inc. will post 5.03 earnings per share for the current fiscal year.

Verizon Communications Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Friday, October 9th will be given a dividend of $0.7075 per share. The ex-dividend date is Friday, October 9th. This represents a $2.83 dividend on an annualized basis and a dividend yield of 6.2%. Verizon Communications's payout ratio is 73.70%.

Hedge Funds Weigh In On Verizon Communications

Corning Just Locked In a Massive Verizon Fiber Deal as AI Infrastructure Expands

Institutional investors have recently made changes to their positions in the business. USS Investment Management Ltd lifted its position in shares of Verizon Communications by 4.6% in the 1st quarter. USS Investment Management Ltd now owns 713,156 shares of the cell phone carrier's stock worth $35,790,000 after buying an additional 31,354 shares during the last quarter. Cornerstone Capital Inc. increased its position in Verizon Communications by 8.6% in the 2nd quarter. Cornerstone Capital Inc. now owns 317,284 shares of the cell phone carrier's stock valued at $13,434,000 after acquiring an additional 25,156 shares during the period. Cibc World Market Inc. increased its holdings in shares of Verizon Communications by 15.3% during the fourth quarter. Cibc World Market Inc. now owns 2,382,975 shares of the cell phone carrier's stock valued at $97,059,000 after purchasing an additional 316,854 shares during the period. University of Texas Texas AM Investment Management Co. increased its stake in Verizon Communications by 127.0% during the 2nd quarter. University of Texas Texas AM Investment Management Co. now owns 184,170 shares of the cell phone carrier's stock valued at $7,798,000 after buying an additional 103,046 shares during the period. Finally, CPC Advisors LLC raised its holdings in Verizon Communications by 76.4% during the first quarter. CPC Advisors LLC now owns 123,287 shares of the cell phone carrier's stock worth $6,189,000 after purchasing an additional 53,405 shares in the last quarter. 62.06% of the stock is owned by institutional investors and hedge funds.

Verizon Communications News Summary

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

Positive Sentiment: Technology-focused board addition: Verizon elected Charles Phillips, co-founder and managing partner of Recognize Partners, to its board effective Sept. 29. His experience in technology, finance and regulatory matters could support Verizon’s strategic shift toward higher-growth digital infrastructure and improve oversight of network investments. Verizon Elects Charles Phillips to its Board of Directors
Positive Sentiment: Fiber demand remains a long-term opportunity: Verizon is cited as having secured a multibillion-dollar fiber supply agreement with Corning as telecom companies expand capacity for rising data usage, cloud computing and artificial intelligence. The commitment may improve network capabilities, although it also requires substantial capital spending. Corning and Verizon Fiber Deal
Neutral Sentiment: Insider transaction: CEO Kyle Malady sold 1,100 Verizon shares for approximately $51,040 under a pre-arranged Rule 10b5-1 trading plan. The sale reduced his direct ownership by about 1.05%, but the small, scheduled transaction is generally a limited signal about management’s view of VZ’s valuation. Verizon CEO Form 4 Filing
Negative Sentiment: FCC delays copper retirement: The Federal Communications Commission placed a hold on Verizon’s plan to automatically shut down copper-based telephone service in parts of New Jersey. The delay could extend operating costs, complicate Verizon’s transition to newer networks and signal additional regulatory hurdles for legacy infrastructure modernization. Verizon Board Addition and FCC Copper Service Pause

Wall Street Analyst Weigh In

VZ has been the subject of a number of research reports. TD Cowen upped their target price on shares of Verizon Communications from $54.00 to $56.00 and gave the company a "buy" rating in a report on Monday, July 27th. Morgan Stanley raised their target price on Verizon Communications from $50.00 to $52.00 and gave the company an "equal weight" rating in a report on Monday, July 27th. Scotiabank boosted their price target on Verizon Communications from $51.50 to $52.50 and gave the stock a "sector outperform" rating in a research note on Monday, July 27th. Barclays increased their target price on Verizon Communications from $45.00 to $46.00 and gave the company an "equal weight" rating in a report on Monday, July 27th. Finally, Wells Fargo & Company lifted their price target on Verizon Communications from $43.00 to $47.00 and gave the company an "equal weight" rating in a report on Monday, July 27th. Eight analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $50.97.

Read Our Latest Research Report on VZ

Verizon Communications Company Profile

(Get Free Report)

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.