New insider activity at Verizon ( (VZ) ) has taken place on February 6, 2025.
Director Kyle Malady has recently sold 8,000 shares of Verizon stock, resulting in a transaction valued at $319,040.
Recent Updates on VZ stock
Recent developments for Verizon include the announcement of a new AI perk, Google One AI Premium, marking a significant step as the first wireless provider to offer such a service. This perk, priced at a discounted rate for Verizon customers, is expected to enhance user experience with advanced AI features and increased storage benefits, potentially impacting Verizon’s market position positively. Additionally, there have been discussions regarding Verizon’s role in the slow progress of the U.S. broadband infrastructure initiative, which has faced criticism from various stakeholders. These developments, along with internal company movements such as significant stock moves by Verizon’s directors and a recent upgrade in stock rating from DZ Bank, are likely influencing investor sentiment and stock price movements.
More about Verizon
YTD Price Performance: 1.32%
Average Trading Volume: 20,793,198
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $167.6B