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Kyle Malady, the Executive Vice President and Group CEO of Verizon Business, recently sold 8,000 shares of Verizon Communications Inc. (NYSE:VZ) common stock. The shares were sold at an average price of $39.885, totaling approximately $319,080. The transaction comes as Verizon, currently valued at $168.6 billion, trades near its 52-week low. According to InvestingPro analysis, the stock appears slightly undervalued based on its Fair Value assessment. Following this transaction, Malady holds 6,590 shares directly. Additionally, he maintains indirect ownership of 18,415 shares through a 401(k) plan. This transaction was reported in a recent SEC filing dated February 5, 2025. Notably, Verizon maintains a strong dividend profile with a 6.81% yield and has maintained dividend payments for 42 consecutive years. InvestingPro subscribers can access 10+ additional insights about Verizon’s financial health and market position, along with a comprehensive Pro Research Report available for this telecom giant.
In other recent news, Verizon Communications has been the subject of various analyst ratings and adjustments. Tigress Financial Partners maintained a Buy rating and a $55.00 price target on the company’s shares, citing growth in mobile and broadband subscribers, and potential for AI to enhance mobile edge computing capabilities. Verizon’s fourth quarter operating revenue rose by 1.6% year-over-year to $35.7 billion, with wireless service revenue growing by 3.1% to $20.0 billion.
Meanwhile, Raymond (NSE:RYMD) James adjusted its price target for Verizon stock to $45, maintaining an Outperform rating. The firm highlighted Verizon’s solid performance in the fourth quarter and its consistent long-term fundamentals. The telecom giant is set to expand its fixed wireless access (FWA) offerings and fiber expansion plans.
Scotiabank (TSX:BNS) updated the price target for Verizon stock to $47.50, reiterating a Sector Perform rating. The analyst expects Verizon to continue showing steady improvements in wireless subscriber numbers throughout 2025. Despite the forecast for underlying wireless service revenue growth around 4%, promotional amortization is predicted to impact reported revenues negatively.
Bernstein analysts maintained a Market Perform rating but reduced the price target to $46.00. The revision reflects adjustments to equipment margins as Verizon aims for higher subscriber growth. Verizon’s investments in AI/MEP (Mobile Edge Compute) opportunities were acknowledged as intriguing by the analysts.
Lastly, KeyBanc Capital Markets maintained a Sector Weight rating on Verizon stock. The firm’s analyst raised the adjusted EBITDA growth projection for Verizon by 70 basis points to 2.3% year-over-year for 2025. Despite this adjustment, KeyBanc’s stance on the stock remains unchanged due to several concerns regarding Verizon’s market position and financial health.
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