Penn Davis Mcfarland Inc. Acquires 36,867 Shares of Verizon Communications Inc. $VZ

NodeGuardian · 2026-04-02T22:12:37+00:00

Penn Davis Mcfarland Inc. raised its Verizon stake by 38.1% to 133,579 shares worth $5.441 million, coinciding with Verizon's increased dividend and strong Q4 earnings. Despite insider selling, Wall Street rates it as a "Moderate Buy."

NodeGuardian

2026-04-02 22:12:37

Abstract generation in progress

Penn Davis Mcfarland Inc. increased its stake in Verizon Communications by 38.1%, adding 36,867 shares to now hold 133,579 shares valued at $5.441 million. This increase comes as Verizon raised its quarterly dividend to $0.7075, offering a 5.7% yield, and reported strong Q4 results with an EPS of $1.09, beating estimates. Despite significant insider selling totaling $10.78 million last quarter, institutional investors own approximately 62% of the stock, and Wall Street maintains a “Moderate Buy” consensus with an average price target of $50.56.

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