Calamos Advisors LLC Sells 31,802 Shares of Verizon Communications Inc. $VZ

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Calamos Advisors LLC reduced its stake in Verizon Communications Inc. (NYSE:VZ) by 4.1% in the fourth quarter, selling 31,802 shares and holding 738,689 shares valued at over $30 million. Other institutional investors also adjusted their positions in VZ. The article provides an overview of Verizon’s stock performance, recent earnings, dividend increase, and positive analyst sentiment regarding its 5G expansion and recent legal win against T-Mobile.

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