- MGO One Seven LLC increased its stake in Verizon Communications Inc. by 68.8% in the 2nd quarter, purchasing an additional 167,073 shares to hold a total of 410,019 shares valued at $17,360,000.
- Several other large institutional investors also modified their holdings, with institutional investors collectively owning 62.06% of the company's stock.
- Verizon Communications reported quarterly earnings of $1.30 per share with revenue of $34.25 billion, and announced a quarterly dividend of $0.7075 paid on August 3rd.