Insider Selling: Verizon Communications (NYSE:VZ) Director Sells 200,000 Shares of Stock

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Hans Erik Vestberg, a Director at Verizon Communications (NYSE:VZ), sold 200,000 shares of the company’s stock on February 24th at an average price of $49.61, totaling over $9.9 million. This transaction decreased his direct ownership by nearly 58%, though he still holds over 145,000 shares. The article also provides a company overview, recent financial performance, dividend information, institutional ownership, analyst ratings, and a news summary, indicating generally positive sentiment with some neutral and negative points like increased short interest.

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