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Demars Financial Group bought more Verizon shares, despite recent earnings miss and insider sales.
Demars Financial Group LLC increased its holdings in Verizon Communications Inc. to 621,472 shares, valued at $24.85 million.
Verizon's CEO and EVP sold shares in February.
The company has a market cap of $183.80 billion and pays a quarterly dividend of $0.6775 per share, with a yield of 6.21%.
Analysts have a "Moderate Buy" rating on the stock, with a target price of $46.92.
Verizon's recent quarterly earnings slightly missed expectations at $1.10 EPS.
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Demars Financial Group compró más acciones de Verizon, a pesar de las recientes pérdidas de ganancias y ventas internas.