Senator Sheldon Whitehouse sold shares of Verizon Communications Inc (VZ) valued between $1,000 and $15,000 on September 3, 2025. The transaction was reported on October 2, 2025, 29 days later, in compliance with the STOCK Act's 30-day reporting requirement.
This sale was made through Whitehouse's personal account. The STOCK Act mandates that members of Congress disclose stock transactions to promote transparency and prevent insider trading.
Verizon Communications Inc, a leading telecommunications holding company, provides a range of communications, technology, information, and entertainment services. The company has a market capitalization of $167.9 billion, a P/E ratio of 8.46, and an EPS of 4.69. Its upcoming earnings report, scheduled for April 20, 2026, is expected to show an EPS of $1.23 and revenue of $35.1 billion.
Congressional trading disclosures are designed to ensure that lawmakers do not profit from non-public information. While these transactions are legal when properly disclosed, they should be considered one of many factors by investors. Research on congressional trading activity shows mixed results regarding its predictive value for stock performance, with some studies indicating slight outperformance of congressional portfolios.
Investors interested in these patterns should analyze broader trends across multiple representatives and sectors rather than focusing on individual transactions.