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Woodard & Co. Asset Management Group Inc. ADV Sells 36,694 Shares of Verizon Communications Inc. $VZ
Woodard & Co. Asset Management Group Inc. ADV significantly reduced its stake in Verizon Communications Inc. by selling 36,694 shares, leaving them with 14,414 shares valued at $587,000. This move follows Verizon’s positive Q1 earnings report with subscriber gains, which led to analyst price target increases. However, the article also highlights substantial insider selling, with EVP Joseph J. Russo and Director Hans Erik Vestberg collectively offloading over 200,000 shares recently.