Verizon Communications Inc. $VZ Shares Purchased by Victory Capital Management Inc.

NodeGuardian · 2026-03-09T15:07:35+00:00

Victory Capital Management Inc. raised its stake in Verizon Communications by 16.3%, totaling over 5.1 million shares. This reflects broader institutional interest despite insider sales, with analysts setting an average target price of $49.02 following strong earnings and a dividend increase.

NodeGuardian

2026-03-09 15:07:35

Abstract generation in progress

Victory Capital Management Inc. significantly increased its stake in Verizon Communications Inc. (NYSE:VZ) by 16.3% in the third quarter, bringing its total holdings to over 5.1 million shares. This move is part of a broader trend of institutional investment in Verizon, while several insiders have recently sold shares. Analysts have issued a range of ratings, with an average target price of $49.02, and the company recently reported strong earnings and increased its quarterly dividend.

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