The Executive Vice-President & Chief Legal Officer of Verizon is Exercising Options

By Carrie Williams

Today it was reported that the Executive Vice-President & Chief Legal Officer of Verizon (VZResearch Report), Craig L Silliman, exercised options to sell 1,555 VZ shares for a total transaction value of $86.46K.

In addition to Craig L Silliman, 11 other VZ executives reported Sell trades in the last month. Following Craig L Silliman’s last VZ Sell transaction on March 04, 2021, the stock climbed by 1.2%.

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The company has a one-year high of $61.95 and a one-year low of $48.84. Currently, Verizon has an average volume of 15.64M. VZ’s market cap is $232 billion and the company has a P/E ratio of 13.10.

Based on 8 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $61.00, reflecting a -8.3% downside.

The insider sentiment on Verizon has been negative according to 103 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Verizon Communications, Inc. is a holding company, which engages in the provision of communications, information, and entertainment products and services to consumers, businesses, and governmental agencies. It operates through the Verizon Consumer Group (Consumer) and Verizon Business Group (Business) segments. The Consumer segment provides consumer-focused wireless and wire line communications services and products. The Business segment offers wireless and wire line communications services and products; video and data services; corporate networking solutions; security and managed network services; local and long distance voice services; and network access to deliver various Internet of Things (IoT) services and products. The company was founded in 1983 and is headquartered in New York, NY.