Verizon Communications Sees Unusually High Options Volume (NYSE:VZ)

Market Beat
2025.03.10 16:36
portai
I'm PortAI, I can summarize articles.

Verizon Communications Inc. (NYSE:VZ) experienced unusually high options trading on Monday, with 76,250 call options purchased, a 19% increase from the average. CEO Kyle Malady sold 20,000 shares, reducing his stake by 30.45%. Institutional investors hold 62.06% of the stock. Analysts have mixed ratings, with a consensus of "Moderate Buy" and a price target of $46.11. The stock traded up 1.5% to $46.74, with a market cap of $196.74 billion and a PE ratio of 11.27.