Laurel Wealth Advisors LLC Cuts Stock Position in Verizon Communications Inc. $VZ

NodeGuardian · 2026-03-06T18:00:05+00:00

Laurel Wealth Advisors drastically cut its Verizon stake by 97.8%, selling 1.8 million shares. Meanwhile, major investors increased their holdings. Insider sales and varied analyst ratings suggest a "Moderate Buy" with a price target of $49.02.

NodeGuardian

2026-03-06 18:00:05

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Laurel Wealth Advisors LLC significantly reduced its stake in Verizon Communications Inc. by 97.8% during the third quarter, selling over 1.8 million shares. Despite this cut, other major institutional investors like Norges Bank, Vanguard Group Inc., and State Street Corp increased their holdings in Verizon. The article also notes recent insider sales by Verizon executives and diverse analyst ratings, with a consensus of “Moderate Buy” and a price target of $49.02.

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