Verizon Communications Inc’s recently made public that its EVP and Group CEO-VZ Business Malady Kyle unloaded Company’s shares for reported $0.44 million on May 08 ’25. In the deal valued at $43.81 per share,10,000 shares were sold. As a result of this transaction, Malady Kyle now holds 8 shares worth roughly $351.92.
Then, Malady Kyle sold 9,000 shares, generating $396,900 in total proceeds. Upon selling the shares at $44.10, the EVP and Group CEO-VZ Business now owns 10,008 shares.
Before that, Malady Kyle bought 10,000 shares. Verizon Communications Inc shares valued at $438,102 were divested by the Officer at a price of $43.81 per share.
Evercore ISI upgraded its Verizon Communications Inc [VZ] rating to an Outperform from a an In-line in a research note published recently. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who decreased its forecast for the stock in mid March from “an Outperform” to “a Peer perform”. DZ Bank also remained covering VZ and has increased its forecast on January 29, 2025 with a “Buy” recommendation from previously “Hold” rating. Bernstein started covering the stock on December 10, 2024. It rated VZ as “a Mkt perform”.
Price Performance Review of VZ
On Friday, Verizon Communications Inc [NYSE:VZ] saw its stock jump 1.17% to $43.99. Over the last five days, the stock has gained 0.87%. Verizon Communications Inc shares have risen nearly 10.00% since the year began. Nevertheless, the stocks have risen 8.64% over the past one year. While a 52-week high of $47.35 was reached on 03/10/25, a 52-week low of $37.58 was recorded on 01/10/25. SMA at 50 days reached $43.71, while 200 days put it at $42.22.
Levels Of Support And Resistance For VZ Stock
The 24-hour chart illustrates a support level at 43.57, which if violated will result in even more drops to 43.15. On the upside, there is a resistance level at 44.20. A further resistance level may holdings at 44.41. The Relative Strength Index (RSI) on the 14-day chart is 54.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 17.37%. Stochastics %K at 60.29% indicates the stock is a holding.
