Insider activity · VZ · Communication Services

Verizon Communications Inc (VZ) logs executive phantom-stock acquisition

The insider activity update comes with the shares higher for the latest week, but still negative over four and twelve weeks in weekly market data.

Latest46.54 USD
1W move2.6%
Volume1.1x
TrendActive
Verizon telecom network equipment with a financial data terminal in the foreground.
Supporting market chart for Verizon Communications Inc (VZ) logs executive phantom-stock acquisition

Market update

What happened

Verizon Communications Inc (VZ) recorded a June 17 insider activity update tied to Joseph J. Russo, EVP and president of global networks and technology, who acquired 84.361 unitized phantom-stock shares at 13.08.

The weekly price path over 52 weeks shows the stock closing the latest week at 46.54 USD, up 2.6% for the week. The picture is mixed: the trend signal is active, but Market Dynamics remains under pressure at -0.6 and Relative Strength is negative at -0.4.

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