Verizon Executive Samantha Hammock Buys Company Shares

Samantha Hammock, Executive Vice President and Chief Human Resources Officer at Verizon Communications Inc. (NYSE: VZ), recently bought 76 shares of the company. The transaction took place on June 17, 2026, with shares purchased at an average price of $13.08, totaling $994.08. This transaction was not part of a pre-planned trading scheme.

Insider Buying and Selling at Verizon Communications Inc.

In addition to Samantha Hammock's purchase, other Verizon executives also acquired shares on June 17, 2026. Daniel Schulman, the CEO, acquired 203 shares, while Anthony Skiadas, EVP and CFO, bought 133 shares. EVP and Chief Legal Officer Vandana Venkatesh purchased 98 shares, and EVP and Group CEO of Verizon Business, Kyle Malady, also acquired 133 shares. Mary-Lee Stillwell, SVP and Controller, bought 45 shares. Each transaction was conducted at the same price of $13.08 per share.

Other Institutional Activity in Verizon Communications

BlackRock, Inc. reduced its holdings in Verizon by 1,029,093 shares, ending with 368,027,599 shares valued at approximately $18.47 billion. Vanguard Capital Management LLC entered a new position with 260,184,535 shares valued at around $13.06 billion. State Street Corp trimmed its stake by 8,097,671 shares, holding 214,853,728 shares worth about $10.79 billion. Conversely, Geode Capital Management, LLC increased its holdings by 3,575,858 shares, totaling 106,208,367 shares valued at $5.31 billion.

Verizon Communications Inc. Stock Down 9.4%

Shares of Verizon (NYSE: VZ) traded near $45.84. The company has a market capitalization of about $191.4 billion and a P/E ratio of 11.18. It boasts a beta of 0.22, indicating low volatility compared to the broader market. The stock's 52-week range is between $38.39 and $51.68, with a 50-day moving average of $47.00 and a 200-day moving average of $44.43.

Recent Earnings

Verizon reported revenue of $139.15 billion, reflecting a growth rate of 2.9%. The company's net margin is 12.46%, with a return on equity of 17.20%. Earnings per share stand at $4.10. The next earnings report is expected on July 24, 2026.

Dividend

Verizon offers an annual dividend rate of $2.83, yielding 6.06%. The dividend payout ratio is 67.44%, providing a steady income stream for investors.

Analysts Set New Price Targets

On June 12, 2026, Freedom Broker initiated coverage on Verizon with a 'hold' rating and a $53.00 price target. JP Morgan maintained its 'hold' rating with a $52.00 target on April 30, 2026. Citigroup, however, maintained a 'buy' rating with a $55.00 target on March 20, 2026. The consensus among analysts is a 'buy' recommendation, with a target mean price of $51.90 across 23 opinions.

About Verizon Communications

Verizon Communications Inc., headquartered in New York, NY, is a leader in the telecom services industry. The company operates through its Consumer and Business segments, providing wireless and wireline services, including broadband and IoT solutions. With a workforce of approximately 99,600, Verizon serves consumers, businesses, and government entities worldwide under the leadership of CEO Daniel H. Schulman.

Bottom Line

Samantha Hammock's recent purchase of Verizon shares adds to the insider buying activity, reflecting confidence from the company's leadership. Verizon, a major player in the telecom sector, continues to attract attention from institutional investors and analysts. While the insider transactions highlight internal confidence, it's important to remember that these actions are part of regular trading activities and do not necessarily predict future stock performance.