Mario Gabelli acquired 88.4 Thousand Verizon Communications shares worth $3.85 Million. That's 0.04% of their equity portfolio (358th largest holding). The first Verizon Communications trade was made in Q1 2001. Since then Mario Gabelli bought shares 24 more times and sold shares on 68 occasions. The stake costed the investor $2.99 Million, netting the investor a gain of 29% so far.