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Alpha Cubed Investments LLC Sells 22,065 Shares of Verizon Communications Inc. $VZ
Alpha Cubed Investments LLC reduced its stake in Verizon Communications Inc. by 3.3% in the fourth quarter, selling 22,065 shares and now holding 649,377 shares valued at $26.45 million. Despite this, Verizon’s Q1 results beat EPS estimates, and the company provided strong FY2026 guidance, maintaining a “Moderate Buy” consensus from analysts with an average price target of $50.59. However, significant insider selling, including a $12 million sale over the past year, has created some negative sentiment among investors.