Over the past year, Verizon Communications insiders have sold a significant stake in the company, including Executive VP & CEO Kyle Malady selling $811k worth of shares at $40.54 per share. No insiders have bought shares in the past year. Insiders own 0.03% of the company, worth $52m. Insider selling may suggest potential weakness in the company.
Over the past year, Verizon Communications Inc. (NYSE: VZ) has experienced significant insider selling, with no reported purchases. This trend has raised questions about the company's prospects and the potential signals it may send to investors. Executive Vice President and CEO Kyle Malady, for instance, sold shares worth approximately $811,000 at an average price of $40.54 per share, according to recent filings [1].
The total insider stake in Verizon Communications has decreased to 0.03% of the company's shares, valued at approximately $52 million. This selling activity, coupled with the absence of insider buying, could be interpreted as a sign of potential weakness in the company. However, it is essential to consider other factors before making investment decisions.
Verizon Communications reported strong quarterly earnings in April, with earnings per share (EPS) of $1.19, exceeding the consensus estimate of $1.15. The company also announced a quarterly dividend of $0.6775 per share, paid on May 1st [1]. Despite these positive developments, insider selling has continued, which may indicate that executives are positioning themselves to exit their stakes.
Several analysts have weighed in on Verizon Communications, with a mix of ratings and price targets. While some analysts have upgraded the stock, others have maintained their ratings or downgraded the company. The consensus rating is "Moderate Buy," with an average price target of $47.41 [1].
Investors should closely monitor Verizon Communications' financial performance and insider trading activities. The continued insider selling may suggest that some executives are hedging their bets, but it is crucial to consider the overall market conditions and the company's fundamentals.
References:
[1] https://www.marketbeat.com/instant-alerts/insider-selling-verizon-communications-inc-nysevz-ceo-sells-9000-shares-of-stock-2025-05-08/
[2] https://www.marketbeat.com/instant-alerts/castlekeep-investment-advisors-llc-takes-position-in-verizon-communications-inc-nysevz-2025-05-06/
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