Before you dig into this report it is important to remember that "Insider Buying" is the purchase of shares in a corporation by a director, officer, or executive within the company. Insider buying is not the same as insider trading, which refers to corporate insiders making illegal stock purchases based on non-public information.
"Insider Buying" is not a crime when the buying is based on public information.
Additionally, since insiders have unique insights into their own companies, they often gobble up shares when they believe the stock is undervalued or dump stock when it’s time to sell. That's why people pay attention to insider buying.
- Erwin Tami A. - EVP and Group CEO-VZ Business, Sold $1,176,911 worth of shares on 3 weeks ago
- Craig Silliman - EVP&ChiefAdminLegal&PubPolOff, $77,900 worth of shares on 18 hours ago
- Craig Silliman - EVP&ChiefAdminLegal&PubPolOff, $81,016 worth of shares on 1 month ago
- Craig Silliman - EVP&ChiefAdminLegal&PubPolOff, $84,880 worth of shares on 2 months ago
In addition, TradingView issued a Neutral rating for VZ over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bullish short-term outlook.
Summary: Verizon Communications Inc. offers communication services in the form of local phone service, long distance, wireless and data services. In Jan 2006, Verizon completed its merger with MCI Corporation, a leader in long distance and data networking. With the acquisition of Alltel Wireless Corp. in early 2009, Verizon has surpassed AT&T Inc. as the largest wireless carrier in the North America, serving millions of customers nationwide.Verizon has teamed up with Amazon Web Services to create and deploy low latency applications to mobile devices using 5G and became the first telecom carrier in the world to offer such service. The company has launched a free consumer search engine dubbed OneSearch with enhanced privacy options to add a new dimension to the search ecosystem. It has also announced a pricing breakthrough in the cable industry with the launch of Mix & Match on its FiOS platform, enabling viewers to combine TV with Internet plans effectively without any hidden charges and annual contracts.
- Last Price: $50.8
- Price Change: $0.12, 0.2368%
- Yearly Gain: -5.94%
- Market Cap: $213.34B
- P/E Ratio: 9.855
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