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

Key Points

• Verizon CEO Kyle Malady sold 1,100 shares at $43.00 each for $47,300 under a pre-arranged Rule 10b5-1 plan, reducing his direct ownership by 1.1% to 98,866 shares.
• The sale follows a series of similar weekly transactions, with Malady selling 1,100 shares on multiple dates since August.
• Verizon recently beat quarterly EPS estimates ($1.31 versus $1.27), though revenue of $34.31 billion fell short of expectations. The company declared a $0.7075 quarterly dividend, equivalent to a 6.5% annualized yield.

Verizon Communications Inc. (NYSE:VZ - Get Free Report) CEO Kyle Malady sold 1,100 shares of the business's stock in a transaction that occurred on Tuesday, October 27th. The shares were sold at an average price of $43.00, for a total transaction of $47,300.00. Following the completion of the sale, the chief executive officer directly owned 98,866 shares in the company, valued at $4,251,238. This trade represents a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, October 20th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The stock was sold at an average price of $44.48, for a total transaction of $48,928.00.
• On Tuesday, October 13th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The stock was sold at an average price of $42.93, for a total transaction of $47,223.00.
• On Tuesday, October 6th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The shares were sold at an average price of $45.75, for a total transaction of $50,325.00.
• On Tuesday, September 29th, Kyle Malady sold 1,100 shares of Verizon Communications stock. The shares were sold at an average price of $46.40, for a total value of $51,040.00.
• On Tuesday, September 22nd, Kyle Malady sold 1,100 shares of Verizon Communications stock. The stock was sold at an average price of $47.65, for a total value 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 value of $54,978.00.
• On Tuesday, September 1st, Kyle Malady sold 1,100 shares of Verizon Communications stock. The shares were 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 value 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 value of $53,548.00.

Verizon Communications Trading Down 0.6%

NYSE VZ traded down $0.27 during trading on Wednesday, hitting $43.66. The stock had a trading volume of 7,340,047 shares, compared to its average volume of 27,360,488. The company has a quick ratio of 0.57, a current ratio of 0.60 and a debt-to-equity ratio of 1.36. The company has a market capitalization of $181.41 billion, a PE ratio of 11.13, a PEG ratio of 1.70 and a beta of 0.26. The firm has a 50 day moving average price of $47.35 and a 200 day moving average price of $46.68. Verizon Communications Inc. has a twelve month low of $38.68 and a twelve month high of $51.68.

Verizon Communications (NYSE:VZ - Get Free Report) last announced its quarterly earnings data on Monday, October 26th. The cell phone carrier reported $1.31 earnings per share for the quarter, beating analysts' consensus estimates of $1.27 by $0.04. Verizon Communications had a net margin of 11.64% and a return on equity of 19.48%. The firm had revenue of $34.31 billion during the quarter, compared to analysts' expectations of $34.77 billion. During the same quarter in the previous year, the business posted $1.21 earnings per share. The business's quarterly revenue was up 1.5% compared to the same quarter last year. As a group, equities research analysts forecast that Verizon Communications Inc. will post 5.04 earnings per share for the current year.

Verizon Communications Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Friday, October 9th will be paid a $0.7075 dividend. The ex-dividend date is Friday, October 9th. This represents a $2.83 annualized dividend and a dividend yield of 6.5%. Verizon Communications's payout ratio is 73.70%.

Institutional Trading of Verizon Communications

A number of hedge funds have recently added to or reduced their stakes in the business. Robinswood Financial LLC acquired a new position in shares of Verizon Communications in the 1st quarter valued at $27,000. Gill Capital Partners LLC raised its position in shares of Verizon Communications by 74.6% in the 2nd quarter. Gill Capital Partners LLC now owns 620 shares of the cell phone carrier's stock worth $26,000 after buying an additional 265 shares during the period. Balance Wealth Partners LLC acquired a new position in Verizon Communications in the third quarter valued at $37,000. Bare Financial Services Inc boosted its holdings in Verizon Communications by 37.4% in the second quarter. Bare Financial Services Inc now owns 841 shares of the cell phone carrier's stock valued at $36,000 after acquiring an additional 229 shares during the last quarter. Finally, Frazier Financial Advisors LLC boosted its holdings in Verizon Communications by 32.7% in the first quarter. Frazier Financial Advisors LLC now owns 888 shares of the cell phone carrier's stock valued at $45,000 after acquiring an additional 219 shares during the last quarter. 62.06% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Verizon Communications

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

• Positive Sentiment: Verizon reported adjusted third-quarter EPS of $1.31, above the $1.27 consensus estimate, while adjusted EBITDA margins improved to approximately 40.2%. The company also raised its 2026 outlook for postpaid net additions, adjusted EPS and free cash flow, marking another increase to its guidance. Verizon Q3: Mr. Market Is Giving Away Over 6% Yield After Another Record Quarter
• Positive Sentiment: Wireless demand remained encouraging, with 406,000 postpaid phone net additions—the company’s strongest third-quarter result in five years. Broadband growth and record broadband revenue further support Verizon’s customer-focused turnaround. Verizon: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Verizon signed major fiber and AI-infrastructure agreements, including a more than $2 billion dark-fiber contract with Amazon Web Services and additional contracts with large technology companies. These deals could create longer-term, higher-margin growth opportunities. Verizon Q3 Earnings Call Highlights Growth and AI Expansion
• Neutral Sentiment: CEO Dan Schulman said Verizon is open to working with satellite providers such as Starlink where connectivity is complementary, but does not see value in allowing SpaceX to use Verizon’s network to compete directly for wireless customers. He also argued that SpaceX could be years and hundreds of billions of dollars away from becoming a full-scale rival. Verizon CEO Open to Working With Elon Musk's Starlink
• Negative Sentiment: Revenue of $34.31 billion increased 1.5% year over year but missed the $34.77 billion analyst estimate. The top-line miss overshadowed the EPS beat and subscriber gains, reinforcing concerns about Verizon’s limited growth rate. Why Verizon Stock Is Down Today
• Negative Sentiment: Several analysts lowered their price targets following the mixed earnings release, including Goldman Sachs, Barclays, Morgan Stanley, Citigroup and Daiwa. Although most targets remain above the current trading level, the revisions signal more cautious expectations for near-term upside. Verizon Analysts Cut Their Forecasts Following Q3 Earnings

Wall Street Analyst Weigh In

VZ has been the topic of a number of analyst reports. TD Cowen reduced their price target on Verizon Communications from $56.00 to $55.00 and set a "buy" rating on the stock in a research report on Tuesday. Moffett Nathanson boosted their target price on Verizon Communications from $49.00 to $50.00 and gave the company a "neutral" rating in a report on Tuesday, September 22nd. Scotiabank decreased their price target on Verizon Communications from $51.50 to $50.00 and set a "sector outperform" rating on the stock in a research note on Friday, October 9th. The Goldman Sachs Group dropped their price objective on Verizon Communications from $51.00 to $47.00 in a research note on Tuesday. Finally, BNP Paribas Exane cut their price objective on Verizon Communications from $46.00 to $45.00 in a research report on Tuesday. Twelve equities research analysts have rated the stock with a Buy rating and seventeen have given a Hold rating to the company's stock. According to MarketBeat, Verizon Communications presently has an average rating of "Hold" and a consensus target price of $50.58.

About Verizon Communications

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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