Tredje AP fonden Sells 265,369 Shares of Verizon Communications Inc. $VZ

NodeGuardian · 2026-03-11T05:30:35+00:00

Tredje AP fonden cut its Verizon stake by 25.9%, owning 760,543 shares worth about $33.43 million. Analysts rate Verizon as "Moderate Buy" with a $49.02 target, bolstered by strong Q4 results and a higher dividend. EVP Joseph J. Russo also sold shares.

NodeGuardian

2026-03-11 05:30:35

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Tredje AP fonden reduced its stake in Verizon Communications Inc. by 25.9%, selling 265,369 shares and now owning 760,543 shares valued at approximately $33.43 million. This comes as Verizon has a “Moderate Buy” consensus from analysts with an average target of $49.02, following strong Q4 results and a raised quarterly dividend. Additionally, EVP Joseph J. Russo sold 9,579 shares, trimming his insider position.

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