Verizon Communications (VZ) CEO Malady Kyle Sells $47K of Stock

Kyle Malady, the EVP and Group CEO of Verizon Business, sold 1,100 shares of Verizon Communications Inc. (NYSE: VZ) on October 13, 2026. The shares were sold at a price of $42.93 each, bringing in a total of $47,223. This transaction was planned in advance, as indicated by the transaction code.

Inside Kyle Malady's Trade

Kyle Malady's sale of 1,100 shares reduces his holdings in the company, reflecting a shift in his investment strategy. With the stock closing at $44.78 on the day of the sale, it marked a slight dip from its previous close of $44.42, suggesting a potential adjustment in market perception.

Other Institutional Activity in Verizon

Blackrock Inc. grew its holdings by 30,179,042 shares, ending with 398,216,158 shares worth about $17.83 billion. Charles Schwab Investment Management, Inc. added 14,839,678 shares, bringing its total to 127,774,822 shares valued at approximately $5.72 billion. Meanwhile, Vanguard Capital Management LLC reduced its position by 1,196,888 shares, now holding 258,996,106 shares worth about $11.60 billion. State Street Corporation also cut back, decreasing its shares by 5,177,988 to 209,676,274 shares valued at around $9.39 billion.

Verizon Communications Inc. Stock Up 0.8%

Verizon shares are currently trading at $44.78, which is near the middle of the 52-week range of $38.39 to $51.68. This current price is above the 200-day moving average of $46.60, suggesting a solid support level in the stock's performance.

Recent Earnings

Verizon reported revenue of approximately $138.9 billion, but experienced a slight revenue decline. The earnings per share (EPS) stood at $3.84, with a net margin of 11.64% and a return on equity (ROE) of 15.84%. The next earnings announcement is scheduled for October 26, 2026.

Insider Buying and Selling at Verizon Communications Inc.

In addition to Malady's sale, insider Joseph Russo, EVP and President of Global Networks and Technology, purchased 84 shares at an average price of $13.08 on June 17, 2026. Similarly, Alfonso Villanueva Rodriguez and Vandana Venkatesh, both EVPs, also made small purchases on the same day.

Analysts Set New Price Targets

On October 9, 2026, Scotiabank maintained a "Sector Outperform" rating for Verizon with a price target of $50. Previously, they had a target of $51.5. The average price target among analysts is $51.24, with 22 opinions suggesting a consensus recommendation of "buy."

About Verizon Communications Inc.

Verizon Communications Inc. provides a range of communication services and technologies for consumers, businesses, and governments. It operates mainly through its Consumer and Business segments, focusing on both wireless and wireline services. The company's recent activities reflect a strategic adjustment as it navigates the evolving telecom landscape.

Bottom Line

Investors will want to keep an eye on Verizon's upcoming earnings report on October 26, 2026, as well as any further insider activities and 13F filings for insights into the company's direction. Kyle Malady's planned sale fits into a broader pattern of insider trading at Verizon, with several executives making trades around the same time.