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Sanctuary Advisors LLC Cuts Stock Holdings in Verizon Communications Inc. $VZ
Sanctuary Advisors LLC reduced its stake in Verizon Communications Inc. by 3.6% in the fourth quarter, selling 33,523 shares and holding 886,134 shares worth approximately $36.09 million. Verizon reported strong financial results, beating Q4 EPS and revenue estimates, raising its quarterly dividend, and providing positive FY2026 guidance. Despite insider selling, analysts maintain a “Moderate Buy” rating for VZ with a consensus target price of $50.56.