{
  "id": 20188428,
  "title": "Verizon evp Kyle Malady sells $56,309 in company stock",
  "url": "https://urgent.news/2026/11/15/verizon-evp-kyle-malady-sells-56-309-in-company-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-15T14:31:17.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/verizon-evp-kyle-malady-sells-56309-in-company-stock-93CH-5027969"
  },
  "original_language": "en",
  "account": "Executive Vice President and Group CEO-VZ Business of Verizon Communications Inc., Kyle Malady, sold 1,100 shares of the company's common stock for a total of $56,309 on September 15, 2026. The trade was carried out under a Rule 10b5-1 trading plan adopted by Mr. Malady on May 18, 2026. Post the transaction, Mr. Malady personally holds 105,466 shares of Verizon common stock, along with an additional 20,193 shares held indirectly through a 401(k) plan.\n\nDespite Verizon stock trading at $46.36 on the day of the sale, which is lower than the sale price of $51.19, the insider sale did not raise eyebrows. The stock, according to InvestingPro, is deemed undervalued based on its Fair Value assessment. Verizon, a telecommunications giant with a market capitalization of $192 billion, provides investors with a 6.1% dividend yield, having increased its dividend for 22 consecutive years.\n\nIn its latest earnings report, Verizon surpassed Wall Street's earnings expectations with adjusted earnings per share (EPS) of $1.31, exceeding the estimated $1.28. However, the company's revenue fell short, recording $34.31 billion against the expected $34.77 billion. Despite the revenue shortfall, Verizon's earnings and subscriber growth led Freedom Broker to upgrade its stock rating to Buy, with a price target set at $55. TD Cowen also maintained a Buy rating on Verizon, but adjusted its price target slightly downward to $55 due to SPCX concerns.\n\nBoth brokerage firms acknowledged Verizon's strong third-quarter performance, emphasizing increased phone additions and improved guidance. These developments underline Verizon's continuous efforts to enhance profitability and navigate evolving customer trends.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}