Verizon CEO Kyle Malady sold 1,100 shares on Tuesday, October 20th, at an average price of $44.48, for a total of $48,928. The sale was made under a pre-arranged Rule 10b5-1 trading plan, and he held 99,966 shares afterwards, a 1.09% reduction in his stake. The article notes he has sold 1,100 shares several times on Tuesdays since August 18th. VZ shares fell 2.1% to $43.62 in Wednesday trading. The company's latest quarterly results showed EPS of $1.30, beating the $1.27 consensus, while revenue of $34.25 billion fell short of the $35.16 billion estimate.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on themarketsdaily.com ↗
Keywords
telecommunicationsinsider tradingearnings
Open a keyword to see other news on the same topic.
Related news
- 3 Absurdly Cheap Stocks to Buy Before the End of 2026
The article names three stocks the author considers undervalued: Viking Therapeutics (VKTX), Verizon (VZ), and Royal Caribbean (RCL). Viking closed below $27, after hitting more than $40 less than a month earlier, and its GLP-1 drug VK2735 showed 16% to 19% weight loss over 21 weeks in trials; however, it has no approved drug yet, is burning cash, and has a market cap of about $3 billion. Verizon yields 6.6% with a payout ratio of around 70%, and the author believes fears that SpaceX's Starlink will disrupt telecom are overblown. Royal Caribbean said it will acquire a 50% stake in Sandals and Beaches Resorts for $3 billion; its stock briefly hit a 52-week low of about $222 before recovering, and the company raised guidance to 9% revenue growth and 14% adjusted earnings growth. The author notes Verizon trades at nine times and Royal Caribbean at 11 times estimated future profits.
- Ms. Cao Thi Ngoc Dung: 'I had no choice but to sell PNJ shares'
At an extraordinary shareholder meeting on October 21, PNJ Chairwoman Cao Thi Ngoc Dung said her family sold shares only to fund the company after the July crisis linked to a former P-Lab director. Customer buybacks surged, with July buybacks reaching nearly VND6,000 billion, equal to all of 2025, and depleting cash buffers. Revenue fell 14% and third-quarter operations lost VND258 billion (before provisions), while PNJ needs VND100–150 billion monthly to run operations; her family has lent over VND700 billion. Banks have tightened credit and new loans carry high rates, and a share issue to existing shareholders is ineligible because operating results this year are expected to show heavy losses. Dung apologized to shareholders and pledged to stay with the company.
- NWPX Infrastructure , Inc . ( NASDAQ : NWPX ) Stock Has Average Price Target of $110 . 00 According to Brokerages
Five brokerages covering NWPX Infrastructure, Inc. (NASDAQ: NWPX) give the stock an average rating of 'Moderate Buy', with an average 12-month price target of $110.00. Over the last 90 days, insiders sold 58,335 shares worth $6,259,631, including director Richard Roman's sale of 4,000 shares at $96.84 and SVP Eric Stokes' sale of 12,631 shares at $105.86. The stock opened at $97.61 on Tuesday, with a market cap of $940.96 million and a 52-week range of $50.76 to $152.03. In its latest quarter, the company reported earnings of $1.62 per share, beating the $1.33 consensus, on revenue of $159.48 million.
- NWPX Infrastructure ( NASDAQ : NWPX ) Stock : Insider Richard Roman Sells 4 , 000 Shares
Director Richard Roman sold 4,000 NWPX Infrastructure (NASDAQ: NWPX) shares at an average price of $96.84, for a total of $387,360.00, in a transaction dated October 15th under a pre-arranged Rule 10b5-1 trading plan. After the sale he directly owned 25,340 shares, a 13.63% decrease in his position. On the following Friday, the stock fell $0.54 to $97.61 on volume of 71,930 shares versus an average of 145,298, with a market capitalization of $940.67 million. In its last quarter, the company reported EPS of $1.62, beating the $1.33 consensus, and revenue of $159.48 million versus $154.70 million expected. Weiss Ratings cut its rating from “buy (b)” to “buy (b-)” on October 2nd, and analysts' consensus is “Moderate Buy” with a $110.00 price target.
- An Phat Holdings’ general director registers to sell entire stake
- Former Chairman of Hospital Chain Known for Selling All Shares as Stock Hits Bottom
Hoang Tuyen, board member and former chairman of TNH Hospital Group JSC (HoSE: TNH), sold all of his more than 5.31 million TNH shares between 11 September and 8 October 2026, reducing his stake to 0%. He once owned nearly 10% of the company's capital in early 2024, then gave 3 million shares to his two children and gradually sold down the rest. The sale came as TNH's share price fell from about 8,000 VND in early September to 5,660 VND, its lowest since listing on HoSE, and it now hovers around 6,560 VND. In the first half of 2026, TNH posted net revenue of over 276 billion VND (up 28%) but an after-tax loss of over 71 billion VND, and its full-year plan still projects an after-tax loss of about 51 billion VND.
Related markets
Latest news
- Musk's wants to merge SpaceX and Tesla: Here's what to know
Musk said SpaceX and Tesla have formed special committees to study a merger, which would be worth about $3.5 trillion combined and would be the largest corporate deal in history. SpaceX, valued at about $2 trillion after a record listing this year, absorbed Musk's AI startup xAI in February, while Tesla is valued at about $1.5 trillion. Musk holds about 82 percent of SpaceX's voting power but only about 20 percent at Tesla. Dan Ives puts the odds of a deal at 90 percent by early 2027, though Musk called the requirement of a majority of all Tesla shares 'quite a high hurdle'. Loyal retail investors hold an estimated 25 to 27 percent of Tesla shares, and legal obstacles appear slight because both companies moved their incorporation to Texas from Delaware.
- CoreWeave and Nebius Stocks Are Crashing. Time to Buy the Dip?
Shares of Nebius and CoreWeave each fell 25% in the week of October 12 to 16. The sell-off stems from the yield on CoreWeave's debt in the secondary market surging to 15%, versus roughly 5% on Treasuries, which pushes the debt into 'distressed' territory and signals doubts about its ability to meet obligations. Nebius sold off in sympathy as a fellow neocloud company. The bigger concern is that both companies must keep issuing debt to fund data centers, and if yields are high at issuance, the assumption of nearly unlimited cheap capital could be challenged. The author says it is unclear whether now is the time to buy.
- Disney’s multiplatform Super Bowl plan frustrates ABC affiliates
ABC station owners are irritated that Disney is airing the Super Bowl across several platforms, including Disney+, ESPN2, NFL Network and ESPNU, even though the game is already on ABC and ESPN. A station group CEO estimates that the combined platforms could cut broadcast ad revenue by up to 35% compared with last year. Local affiliates typically earn about 3% of annual ad revenue from the Super Bowl and pay network owners reverse retransmission fees, but Disney+ lacks geofenced ad insertion, so affiliates cannot sell ads to streaming viewers. Disney says national commercials will be identical on all platforms and that streaming major live events is standard industry practice. Super Bowl LX drew 125.6 million viewers in February.
- Meta’s deal to keep Zuckerberg in California adds fuel to wealth tax debate ahead of election
Meta says Mark Zuckerberg will remain in California for eight years and has created a new stock plan that could help cover his taxes if Proposition 40, a 5% tax on Californians worth over $1 billion, passes on Election Day on Nov. 3. According to a filing released with its third-quarter earnings, Meta will issue non-voting Class C shares starting in January, and Zuckerberg can sell or transfer up to 20% of the shares granted to him without affecting his majority voting control. The filing says Zuckerberg’s leadership is crucial to the company’s growth and its AI ambitions, including Meta Superintelligence Labs. Most of the tech industry opposes the measure, while a recent Citrin-Politico poll found 46% in favor and 43% against, suggesting it may fall short of the majority support it needs.
- Nasdaq sell-off: A momentum unwind 'for the record books'
Matt Stucky, chief portfolio manager for equities at Northwestern Mutual Wealth Management, calls Thursday’s sell-off in the Nasdaq Composite (^IXIC) a momentum unwind “for the record books.” He says the market spent the first half of 2026 driven by a beta and momentum trade led by semiconductors, but in the third quarter, as rates rose, money shifted into quality stocks. He does not think the sell-off is justified by fundamentals, arguing that institutional portfolio managers swapping out of factor positions can drag down whole baskets of stocks. In semiconductors, spot rental rates for Nvidia Blackwell chips are higher than a month ago, showing tightening compute supply, even as financing costs rise and investors worry about neocloud business models and the rising cost of insuring their bonds.
- Dune launches real-time data feeds covering 200 onchain trading venues
Blockchain analytics platform Dune has launched real-time market data feeds covering more than 200 onchain trading venues, aiming to bring this data into the systems of traditional financial institutions. The feeds draw trade data from 12 blockchains, including Ethereum, Solana and Base, about one second after execution, covering both spot trading on decentralized exchanges and perpetual futures on Hyperliquid and Lighter. Early clients include quant funds, market makers, asset managers and bank trading desks, which use the data to assess liquidity and compare prices, though Dune did not name them. Meanwhile, the tokenized stock market has grown sharply, with distributed value reaching $3.58 billion, but 16 companies, including Microsoft, Alphabet and Goldman Sachs, have objected to their shares being traded on OKXICE’s proposed platform, and liquidity remains fragmented.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.