Verizon CEO Daniel Schulman Buys Shares in the Company

On June 17, 2026, Daniel Schulman, the CEO of Verizon Communications Inc. (NYSE:VZ), purchased 203 shares of the company at an average price of $13.08 per share. This transaction was valued at $2,655.24.

Insider Buying and Selling at Verizon Communications Inc.

Daniel Schulman wasn't the only insider buying Verizon shares. On the same day, other executives, including EVP and CFO Anthony Skiadas and EVP & Chief HR Officer Samantha Hammock, also purchased shares at the same price. None of these transactions were part of a pre-arranged trading plan.

Other Institutional Activity in Verizon Communications

Among institutional investors, BlackRock, Inc. reduced its holdings by 1,029,093 shares, leaving it with 368,027,599 shares valued at approximately $18.47 billion. Vanguard Capital Management LLC added a substantial 260,184,535 shares, bringing its total to the same number with a value of about $13.06 billion. State Street Corp reduced its position by 8,097,671 shares, holding 214,853,728 shares worth $10.79 billion. Meanwhile, Geode Capital Management, LLC increased its holdings by 3,575,858 shares, ending with 106,208,367 shares valued at $5.31 billion.

Verizon Communications Inc. Stock Down 9.4%

Shares of Verizon Communications Inc. traded around $45.84, with a market capitalization of about $191.4 billion. The company has a price-to-earnings ratio of 11.18 and a forward P/E of 8.71, suggesting a relatively low valuation compared to its earnings. Verizon's stock has experienced a 52-week range between $38.39 and $51.68. The company's current ratio is 0.64, indicating its ability to cover short-term liabilities, and it has a debt-to-equity ratio of 192.05.

Recent Earnings

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

Dividend

Verizon offers an annual dividend rate of $2.83, yielding 6.06% with a payout ratio of 67.44%. This makes it attractive for income-focused investors.

Analysts Set New Price Targets

On June 12, 2026, Freedom Broker initiated coverage of Verizon with a 'hold' rating and a price target of $53. JP Morgan maintained its 'hold' rating with a target of $52 on April 30, 2026. Citigroup, however, has a 'buy' rating with a price target of $55, as of March 20, 2026. The consensus among 23 analysts is a 'buy' with an average price target of $51.90.

About Verizon Communications

Verizon Communications Inc. provides a range of communication services and products, including wireless and wireline services, to consumers, businesses, and governmental entities worldwide. The company operates in the Verizon Consumer Group and Verizon Business Group segments. Headquartered in New York, NY, and led by CEO Daniel Schulman, Verizon employs around 99,600 people.

Bottom Line

With insider buying activity, including CEO Daniel Schulman's recent purchase, investors are keeping a close eye on Verizon Communications Inc. The company remains a significant player in the telecom sector with a stable market presence. Remember, insider transactions like these are disclosed after the fact and may not always indicate future stock performance.