Executive Vice President and President of Global Networks and Technology at Verizon sells 9,579 shares in insider sale

Joseph J. Russo, the Executive Vice President and President of Global Networks and Technology at the telecommunications company $VZ, recently sold 9,579 shares of the company on February 2, 2026. The estimated value of this sale was $429,905, representing about 17.9% of his shares of this class of stock. Following this transaction, Russo now holds 44,045 shares of $VZ stock in this class.

Over the past six months, $VZ insiders have engaged in trading the company’s stock on the open market once, with this sale being the only transaction during this period. No purchases were made by insiders; all activities involved selling shares. In addition to Russo’s recent sale, no other insider trading activities were reported.

Institutional investors have shown varying levels of interest in $VZ stock. In the most recent quarter, 1,384 institutional investors added shares of $VZ to their portfolios, while 1,519 decreased their positions. Some notable institutional moves include UBS AM adding 26,361,034 shares, BlackRock, Inc. adding 7,479,266 shares, and State Street Corp adding 7,276,809 shares, among others. On the other hand, UBS Group AG removed 4,400,100 shares from their portfolio.

Regarding financial performance, $VZ reported revenues of $36.4 billion in the fourth quarter of 2025, marking a 1.96% increase from the same period in the previous year. This growth in revenue indicates a positive trend for the company, attracting the interest of both insiders and institutional investors.

Members of Congress have also been active in trading $VZ stock, with 12 reported transactions in the past six months. These trades consisted of six purchases and six sales by various representatives and senators. The trading activities ranged in value, with some representatives making multiple transactions.

Analysts and industry experts have released reports and ratings for $VZ stock in recent months. Among these reports, two firms issued buy ratings for the stock, signaling confidence in the company’s performance and potential growth. Analysts have also provided price targets for $VZ, with a median target of $49.0. This indicates positive projections for the stock’s performance in the foreseeable future.

In conclusion, the recent insider trading, hedge fund activity, financial performance, congressional stock trading, analyst ratings, and price targets all contribute to the broader market sentiment surrounding $VZ stock. Investors and stakeholders closely monitor these activities and reports to make informed decisions regarding their positions in $VZ and the telecommunications sector as a whole.