Vandana Venkatesh Purchases Shares of Verizon Communications

Vandana Venkatesh, the Executive Vice President and Chief Legal Officer of Verizon Communications Inc. (NYSE:VZ), recently purchased 98 shares of the company. This transaction, which took place on June 17, 2026, was valued at $1,281.84, with each share acquired at an average price of $13.08. This move was not part of a pre-planned trading program.

Other Institutional Activity in Verizon

In recent activity, BlackRock, Inc. trimmed its holdings in Verizon by 1,029,093 shares, leaving it with 368,027,599 shares valued at approximately $18.47 billion. Vanguard Capital Management LLC maintained its position with 260,184,535 shares worth about $13.06 billion. State Street Corp reduced its stake by 8,097,671 shares, now holding 214,853,728 shares valued at $10.79 billion. Meanwhile, Geode Capital Management, LLC added 3,575,858 shares, bringing its total to 106,208,367 shares valued at $5.31 billion.

Verizon Communications Inc. Stock Down 9.4%

Shares of Verizon Communications are trading around $45.84. The company boasts a market capitalization of approximately $191.4 billion and has a P/E ratio of 11.18. The stock has experienced a 52-week range between $38.39 and $51.68. Verizon's 50-day moving average stands at $47.00, while its 200-day moving average is $44.43. The company has a beta of 0.22, indicating lower volatility compared to the market.

Recent Earnings

Verizon reported revenue of $139.15 billion, reflecting a growth rate of 2.9%. The company achieved a net margin of 12.46% and a return on equity of 17.20%. Verizon's next earnings report is scheduled for 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 an attractive option for income-focused investors.

Insider Buying and Selling at Verizon Communications Inc.

On June 17, 2026, several Verizon executives, including EVP and CFO Anthony Skiadas and CEO Daniel Schulman, also purchased shares. Skiadas bought 133 shares, while Schulman acquired 203 shares, both at the same average price of $13.08.

Analysts Set New Price Targets

Analysts have been active in evaluating Verizon's prospects. On June 12, 2026, Freedom Broker initiated coverage with a 'hold' rating and a $53 price target. Citigroup maintains a 'buy' rating with a $55 target, while Scotiabank recently upgraded to 'buy' with a $54.50 target. The consensus among 23 analysts is a 'buy' recommendation, with a mean target price of $51.90.

About Verizon Communications

Verizon Communications Inc. is a leading provider of communication services, offering a range of products from wireless and wireline services to streaming and technology solutions. Headquartered in New York, the company operates through its Verizon Consumer Group and Verizon Business Group, serving customers worldwide. Under the leadership of CEO Daniel H. Schulman, Verizon employs nearly 100,000 people.

Bottom Line

Vandana Venkatesh's purchase of Verizon shares is a notable insider activity, reflecting confidence in the company. Verizon continues to be a significant player in the telecom industry, with a stable market presence and attractive dividends. Investors and analysts closely watch insider transactions and institutional activity as indicators of potential stock performance.