Verizon EVP and CFO Anthony Skiadas Buys Company Shares

On June 17, 2026, Anthony Skiadas, the Executive Vice President and Chief Financial Officer of Verizon Communications Inc. (NYSE: VZ), purchased 133 shares of the company at an average price of $13.08 per share. This transaction totaled approximately $1,739.64 and was not part of a pre-planned trading program.

Insider Buying and Selling at Verizon Communications Inc.

Several Verizon insiders made stock purchases on June 17, 2026. Alongside Anthony Skiadas, Samantha Hammock, EVP & Chief HR Officer, bought 76 shares, while CEO Daniel Schulman acquired 203 shares. Mary-Lee Stillwell, SVP and Controller, purchased 45 shares, and Kyle Malady, EVP and Group CEO-VZ Business, bought 133 shares. Vandana Venkatesh, EVP and Chief Legal Officer, also bought 98 shares. Each transaction was executed at the same price of $13.08 per share.

Other Institutional Activity in Verizon Communications

Among Verizon's institutional investors, several made notable changes to their holdings. BlackRock, Inc. reduced its stake by about 1,029,093 shares, ending with 368,027,599 shares valued at approximately $18.47 billion. Vanguard Capital Management LLC significantly increased its holdings to 260,184,535 shares, worth around $13.06 billion. State Street Corp decreased its position by 8,097,671 shares to 214,853,728 shares, valued at about $10.79 billion. Meanwhile, Geode Capital Management, LLC increased its stake by 3,575,858 shares, totaling 106,208,367 shares worth approximately $5.31 billion.

Verizon Communications Inc. Stock Down 9.4%

Shares of Verizon Communications Inc. (NYSE: VZ) recently traded around $45.84. The company boasts a market capitalization of approximately $191.4 billion, with a P/E ratio of 11.18 and a forward P/E of 8.71. Verizon's stock has seen a 52-week low of $38.39 and a high of $51.68. The 50-day moving average is $47.00, while the 200-day moving average is $44.43. The company's beta is 0.22, indicating lower volatility compared to the market.

Recent Earnings

Verizon reported revenues of $139.15 billion, with a modest growth of 2.9%. The company's net margin stands at 12.46%, and its return on equity is 17.20%. Earnings per share were $4.10. The next earnings report is scheduled for July 24, 2026.

Dividend

Verizon offers an attractive dividend, with an annual rate of $2.83, yielding 6.06%. The dividend payout ratio is approximately 67.44%.

Analysts Set New Price Targets

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

About Verizon Communications

Verizon Communications Inc., headquartered in New York, NY, is a major player in the telecom services industry, operating under the Communication Services sector. The company provides a wide range of communications, technology, and information services and products to consumers, businesses, and government entities globally. It operates through its Verizon Consumer Group and Verizon Business Group, offering wireless services, broadband, and various other communication solutions. Verizon employs approximately 99,600 people and is led by CEO Daniel H. Schulman.

Bottom Line

This insider buying activity by Anthony Skiadas and other executives at Verizon is a notable event for investors tracking insider sentiment. While these transactions may provide insight into management's confidence in the company, they are not necessarily indicative of future stock performance. Investors should consider the broader context, including Verizon's financial health and market conditions, when evaluating these moves.