Verizon Communications (NYSE:VZ) Stock Acquired Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Verizon Communications Inc. (NYSE:VZ). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Verizon Communications stock on April 14th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

Verizon Communications Price Performance

NYSE:VZ traded up $0.75 during mid-day trading on Tuesday, hitting $47.98. 18,125,542 shares of the stock traded hands, compared to its average volume of 29,719,090. The business’s 50-day moving average price is $48.73 and its 200 day moving average price is $44.29. The company has a market cap of $200.35 billion, a PE ratio of 11.70, a price-to-earnings-growth ratio of 0.99 and a beta of 0.24. Verizon Communications Inc. has a 12-month low of $38.39 and a 12-month high of $51.68. The company has a quick ratio of 0.61, a current ratio of 0.64 and a debt-to-equity ratio of 1.38.

Verizon Communications (NYSE:VZ) last issued its quarterly earnings data on Monday, April 27th. The cell phone carrier reported $1.28 EPS for the quarter, beating the consensus estimate of $1.21 by $0.07. The company had revenue of $34.44 billion during the quarter, compared to analysts’ expectations of $34.82 billion. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. Verizon Communications’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.19 earnings per share. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. On average, analysts expect that Verizon Communications Inc. will post 4.96 EPS for the current fiscal year.

Insider Buying and Selling

In other news, SVP Mary-Lee Stillwell sold 8,569 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $50.00, for a total transaction of $428,450.00. Following the completion of the sale, the senior vice president directly owned 43,782 shares in the company, valued at approximately $2,189,100. This represents a 16.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Hans Erik Vestberg sold 200,000 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $49.61, for a total value of $9,922,000.00. Following the completion of the sale, the director directly owned 145,069 shares in the company, valued at $7,196,873.09. The trade was a 57.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on VZ. William Blair raised shares of Verizon Communications to an “outperform” rating in a research note on Monday, February 2nd. Raymond James Financial reaffirmed an “outperform” rating and set a $56.00 price objective on shares of Verizon Communications in a research note on Thursday, March 12th. KeyCorp reiterated a “sector weight” rating on shares of Verizon Communications in a research report on Monday, January 26th. Wells Fargo & Company lifted their target price on shares of Verizon Communications from $44.00 to $46.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 28th. Finally, Erste Group Bank reiterated a “hold” rating on shares of Verizon Communications in a research report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $50.59.

Institutional Investors Weigh In On Verizon Communications

Several hedge funds have recently bought and sold shares of VZ. Vanguard Group Inc. lifted its holdings in shares of Verizon Communications by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 379,402,347 shares of the cell phone carrier’s stock worth $15,453,058,000 after acquiring an additional 5,497,598 shares during the last quarter. State Street Corp lifted its holdings in shares of Verizon Communications by 3.5% in the 4th quarter. State Street Corp now owns 222,951,399 shares of the cell phone carrier’s stock worth $9,080,810,000 after acquiring an additional 7,461,335 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Verizon Communications by 5.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 116,570,816 shares of the cell phone carrier’s stock worth $4,747,930,000 after acquiring an additional 5,851,715 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Verizon Communications by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 102,632,509 shares of the cell phone carrier’s stock worth $4,168,080,000 after acquiring an additional 867,694 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Verizon Communications in the 4th quarter worth approximately $2,357,158,000. 62.06% of the stock is currently owned by institutional investors.

Key Stories Impacting Verizon Communications

Here are the key news stories impacting Verizon Communications this week:

• Positive Sentiment: Verizon announced tender offers, exchange offers, and consent solicitations for multiple series of notes, a move that could help streamline debt, reduce financing complexity, and support long-term balance sheet management. Article Title
• Positive Sentiment: Zacks highlighted Verizon as a top-ranked growth stock and noted that the company continues to draw investor attention, which can reinforce the view that the stock remains attractive on valuation and fundamentals. Article Title
• Neutral Sentiment: Several recent articles focus on Verizon’s status as a watched name and on broader commentary about its investment story, suggesting steady market interest rather than a clear new catalyst. Article Title
• Neutral Sentiment: Verizon’s ongoing layoffs and AI-related restructuring may improve efficiency over time, but they also signal that management is still working through a major cost-reset and transition period. Article Title
• Negative Sentiment: Market commentary flagged Verizon as one of the communication-services names most exposed to rising rates, since its dividend becomes less competitive versus Treasuries and investors may rotate away from telecom income stocks. Article Title

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Verizon Communications Company Profile

Verizon Communications Inc (NYSE: VZ) is a major U.S.-based telecommunications company that provides a broad range of communications and information services. Its operations span consumer and business markets, with core offerings that include wireless voice and data services, fixed-line broadband and fiber-optic services, and enterprise networking solutions. Verizon is headquartered in New York City and operates a nationwide wireless network that supports consumer subscribers as well as business and government customers.

The company’s consumer products include mobile phone plans, unlimited data services, and Fios, its branded fiber-optic internet, television and voice service for homes and small businesses.