Rep. Gilbert Ray Cisneros Jr. (D-CA) Buys VZ Stock

Rep. Gilbert Ray Cisneros Jr., a Democrat from California's 31st district, bought shares of Verizon Communications Inc. (NYSE: VZ) on September 18, 2026. The transaction was valued between $1,001 and $15,000, according to a periodic transaction report filed under the STOCK Act on October 12, 2026.

What Changed in Gilbert Ray Cisneros Jr.'s Verizon Position

Cisneros Jr. initiated a stake in Verizon by purchasing shares on September 18, 2026. This purchase comes at a time when the stock is trading below its 50-day moving average of $47.88 and its 200-day average of $46.60.

Other Institutional Activity in Verizon

Several other funds have recently adjusted their positions in Verizon. Blackrock Inc. grew its holdings by 30,179,042 shares, ending with 398,216,158 shares worth about $17.84 billion. Charles Schwab Investment Management, Inc. added 14,839,678 shares, bringing its total to 127,774,822 shares valued at approximately $5.72 billion. Meanwhile, Vanguard Capital Management LLC reduced its stake by 1,196,888 shares, leaving it with 258,996,106 shares worth around $11.60 billion.

Verizon Communications Inc. Stock Up 0.8%

As of October 16, 2026, Verizon shares are trading around $44.74, which is below its 52-week high of $51.68 and 13.4% away from that peak. The stock is also 6.6% below its 50-day moving average and 4.0% below its 200-day average, indicating some weakness in the stock's recent performance.

Recent Earnings

Verizon reported trailing twelve-month revenue of approximately $138.89 billion and an EPS of $3.84. The company has a net margin of 11.6% and a return on equity (ROE) of 15.8%. The next earnings report is set for October 26, 2026.

Dividend

Verizon offers a dividend yield of 6.37% with a payout ratio of 72.8%, making it an attractive option for income-focused investors.

Insider Buying and Selling at Verizon Communications Inc.

On September 15, 2026, Kyle Malady, an officer at Verizon, sold 1,100 shares for $51.19 each, totaling about $56,309. He sold another 1,100 shares on September 22 at $47.65, valued at $52,415. On September 29, he sold 1,100 shares for $46.40, totaling $51,040, and on October 6, he sold 1,100 shares at $45.75 for about $50,325.

Analysts Set New Price Targets

On July 27, 2026, multiple firms maintained their ratings on Verizon. TD Cowen kept a "Buy" rating with a target of $56, while Morgan Stanley maintained an "Equal-Weight" rating with a target of $52. RBC Capital and Scotiabank also maintained their ratings, reflecting a generally positive outlook on the stock.

About Verizon Communications Inc.

Verizon Communications Inc. provides a range of communication and technology services globally. The company operates mainly through its Consumer and Business segments. This purchase by Cisneros Jr. aligns with Verizon's strong dividend yield and stable revenue streams, appealing to investors looking for income.

Bottom Line

Investors will likely monitor Verizon's upcoming earnings report on October 26, 2026, as well as any further insider trading activity. Cisneros Jr.'s recent purchase may reflect confidence in the company's long-term stability amid current market conditions.