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Comerica Bank Reduces Stock Position in Verizon Communications Inc. $VZ
Comerica Bank has reduced its stake in Verizon Communications Inc. by 5.0% in the fourth quarter, selling 51,209 shares and now owning 971,842 shares worth approximately $39.58 million. Insider selling has also been substantial, with 218,148 shares sold in the last 90 days. Despite this, Verizon recently raised its quarterly dividend, issued FY2026 EPS guidance, and received several raised price targets from analysts.