Free Trial

FSA Advisors Inc. Takes $1.24 Million Position in Verizon Communications Inc. $VZ

Verizon Communications logo with Computer and Technology background
Image from MarketBeat Media, LLC.

Key Points

  • FSA Advisors Inc. purchased a new stake of 30,488 shares (≈ $1.24 million) in Verizon during the fourth quarter, per its SEC filing.
  • Verizon beat Q1 EPS estimates with $1.28 (vs. $1.21 consensus) on $34.44B revenue and set FY2026 guidance of 4.950–4.990 EPS.
  • Director Hans Erik Vestberg sold 200,000 shares (~$9.92 million) in February, and insiders now own only 0.03% of the company’s stock.
  • MarketBeat previews the top five stocks to own by June 1st.

FSA Advisors Inc. purchased a new stake in Verizon Communications Inc. (NYSE:VZ - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 30,488 shares of the cell phone carrier's stock, valued at approximately $1,242,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. SBI Securities Co. Ltd. raised its position in Verizon Communications by 4.3% during the third quarter. SBI Securities Co. Ltd. now owns 335,856 shares of the cell phone carrier's stock valued at $14,761,000 after purchasing an additional 13,787 shares in the last quarter. Avanza Fonder AB raised its position in Verizon Communications by 5.6% during the fourth quarter. Avanza Fonder AB now owns 331,962 shares of the cell phone carrier's stock valued at $13,521,000 after purchasing an additional 17,495 shares in the last quarter. Stratos Wealth Partners LTD. raised its position in Verizon Communications by 14.0% during the third quarter. Stratos Wealth Partners LTD. now owns 379,174 shares of the cell phone carrier's stock valued at $16,665,000 after purchasing an additional 46,699 shares in the last quarter. Econ Financial Services Corp raised its position in Verizon Communications by 23.5% during the fourth quarter. Econ Financial Services Corp now owns 78,172 shares of the cell phone carrier's stock valued at $3,184,000 after purchasing an additional 14,862 shares in the last quarter. Finally, Wedbush Securities Inc. raised its position in Verizon Communications by 18.4% during the third quarter. Wedbush Securities Inc. now owns 140,981 shares of the cell phone carrier's stock valued at $6,196,000 after purchasing an additional 21,915 shares in the last quarter. 62.06% of the stock is currently owned by institutional investors and hedge funds.

Verizon Communications Stock Performance

NYSE VZ opened at $48.17 on Monday. The firm's fifty day moving average price is $48.94 and its two-hundred day moving average price is $44.05. The stock has a market cap of $201.37 billion, a PE ratio of 11.75, a PEG ratio of 1.01 and a beta of 0.24. Verizon Communications Inc. has a fifty-two week low of $38.39 and a fifty-two week high of $51.68. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.64.

Verizon Communications (NYSE:VZ - Get Free Report) last posted its earnings results on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share for the quarter, topping analysts' consensus estimates of $1.21 by $0.07. The firm had revenue of $34.44 billion for the quarter, compared to analysts' expectations of $34.82 billion. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The company's revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.19 earnings per share. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. On average, equities analysts expect that Verizon Communications Inc. will post 4.95 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, 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 value of $428,450.00. Following the sale, the senior vice president owned 43,782 shares of the company's stock, valued at $2,189,100. The trade was a 16.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Hans Erik Vestberg sold 200,000 shares of the business's stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $49.61, for a total transaction of $9,922,000.00. Following the completion of the sale, the director directly owned 145,069 shares in the company, valued at approximately $7,196,873.09. This represents a 57.96% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.03% of the company's stock.

Analyst Ratings Changes

Several research analysts have commented on the stock. William Blair upgraded shares of Verizon Communications to an "outperform" rating in a research report on Monday, February 2nd. KeyCorp restated a "sector weight" rating on shares of Verizon Communications in a research report on Monday, January 26th. Dbs Bank downgraded shares of Verizon Communications from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, April 7th. Royal Bank Of Canada boosted their target price on shares of Verizon Communications from $44.00 to $48.00 and gave the stock a "sector perform" rating in a research note on Tuesday, February 3rd. Finally, Erste Group Bank raised shares of Verizon Communications from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Verizon Communications has a consensus rating of "Moderate Buy" and an average price target of $50.59.

Read Our Latest Research Report on VZ

Verizon Communications News Roundup

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

Verizon Communications Company Profile

(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.

Recommended Stories

Want to see what other hedge funds are holding VZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Verizon Communications Inc. (NYSE:VZ - Free Report).

Institutional Ownership by Quarter for Verizon Communications (NYSE:VZ)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Verizon Communications Right Now?

Before you consider Verizon Communications, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Verizon Communications wasn't on the list.

While Verizon Communications currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Analysts Agree—These Gold Picks Outshine the Rest Cover

Unlock the timeless value of gold with our exclusive 2026 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines