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Verizon EVP Kyle Malady sells $52,415 in company stock

Verizon EVP Kyle Malady sells $52,415 in company stock

Verizon executive Kyle Malady sold 1,100 shares of the company's stock on September 22, 2026, for a total of $52,415. The transaction was executed according to a pre-set Rule 10b5-1 trading plan he established on May 18, 2026. Following the sale, Malady retains ownership of 104,366 shares directly and an additional 20,207 shares held in a 401(k) plan.

Meanwhile, Verizon Communications Inc. continues to make headlines with updates from the company and its competitors. Raymond James upgraded Verizon to an Outperform rating, setting a $56.00 price target, while adjusting their financial model to reflect changes in EBITDA due to factors like the FIFA World Cup and increased marketing.

A legal settlement between Verizon and T-Mobile was reached regarding misleading advertisements regarding consumer savings from switching carriers. Meanwhile, key analysts have kept mixed ratings on Verizon, with KeyBanc maintaining a Sector Weight rating despite upgrades to AT&T and T-Mobile, and Citi noting potential risks due to SpaceX's potential mobile network competition.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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