Rep. Tim Moore Sells Off Shares of AT&T Inc. (NYSE:T)

Key Points

• Rep. Tim Moore sold between $50,001 and $100,000 of AT&T shares on August 14, after purchasing a similar amount in June; he also sold $1,001–$15,000 of DoorDash stock.
• AT&T shares were up 0.7% at $25.33, while the company reported quarterly EPS of $0.65 versus the $0.59 analyst consensus and revenue growth of 2.3% year over year.
• AT&T paid a quarterly dividend of $0.2775, representing a 4.4% annualized yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $29.19, though competition, capital spending and debt-related pressures remain risks.

Representative Tim Moore (Republican-North Carolina) recently sold shares of AT&T Inc. NYSE: T. In a filing disclosed on August 20th, the Representative disclosed that they had sold between $50,001 and $100,000 in AT&T stock on August 14th.

Representative Tim Moore also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of DoorDash NASDAQ: DASH on 6/9/2026.
• Purchased $50,001 - $100,000 in shares of AT&T NYSE: T on 6/4/2026.

AT&T Stock Up 0.7%

T opened at $25.33 on Friday. The company has a fifty day moving average price of $22.83 and a 200-day moving average price of $25.27. The firm has a market capitalization of $173.57 billion, a P/E ratio of 8.39, a price-to-earnings-growth ratio of 1.02 and a beta of 0.23. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.97 and a quick ratio of 0.93. AT&T Inc. has a one year low of $19.89 and a one year high of $29.79.

AT&T (NYSE:T - Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.59 by $0.06. The company had revenue of $31.56 billion for the quarter, compared to the consensus estimate of $31.80 billion. AT&T had a return on equity of 12.86% and a net margin of 16.94%.The firm's revenue was up 2.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.54 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities research analysts expect that AT&T Inc. will post 2.34 earnings per share for the current fiscal year.

AT&T Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 3rd. Shareholders of record on Friday, July 10th were issued a $0.2775 dividend. This represents a $1.11 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Friday, July 10th. AT&T's dividend payout ratio (DPR) is presently 36.75%.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Wall Street Zen raised AT&T from a "sell" rating to a "hold" rating in a report on Saturday, June 20th. Oppenheimer lowered AT&T from an "outperform" rating to a "market perform" rating in a report on Wednesday, June 3rd. Wolfe Research upgraded shares of AT&T from a "peer perform" rating to an "outperform" rating and set a $29.00 price objective on the stock in a research report on Thursday, July 23rd. Barclays lowered their target price on shares of AT&T from $26.00 to $24.00 and set an "equal weight" rating on the stock in a research note on Wednesday, July 8th. Finally, Weiss Ratings upgraded shares of AT&T from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $29.19.

More AT&T News

Here are the key news stories impacting AT&T this week:

• Positive Sentiment: AT&T’s post-earnings momentum remains constructive: the company reported quarterly EPS of $0.65 versus the $0.59 consensus estimate, while revenue increased 2.3% year over year. Analysts are watching whether earnings estimates and the stock’s advance can continue. AT&T Up 9.5% Since Last Earnings Report
• Positive Sentiment: AT&T’s Advanced Connectivity business is gaining traction through fiber expansion, customer convergence and rising demand for AI-related network capacity. This supports the company’s longer-term growth outlook and helps offset slower legacy operations. AT&T Rides on Strength in Advanced Connectivity
• Positive Sentiment: A partnership with Hark gives AT&T exposure to emerging AI-native consumer devices. AT&T will invest in Hark and provide connectivity, certification and infrastructure support, potentially creating incremental traffic and device-related revenue opportunities. Hark and AT&T Partner on Connectivity for Future AI Devices
• Positive Sentiment: AT&T reportedly reduced the cost of coding and other AI tasks by as much as 56% by using model-routing tools and open-source systems, with only a modest decline in output quality. Lower internal AI costs could support productivity and margins. AT&T Slashes AI Costs by Adopting Model Routers and Open Source
• Neutral Sentiment: Analysts continue to highlight AT&T as a highly ranked value and income stock, with a roughly 4.5% dividend yield and a low earnings multiple. However, the company’s growth is expected to remain moderate, making customer revenue increases important. AT&T Is a Top-Ranked Value Stock
• Negative Sentiment: Bernstein cautions that SpaceX’s potential telecom ambitions could intensify competition for AT&T, Verizon and T-Mobile. Meanwhile, heavy capital spending, elevated interest rates and industry balance-sheet pressures remain risks. Bernstein Remains Bullish on SpaceX

Institutional Investors Weigh In On AT&T

A number of large investors have recently added to or reduced their stakes in the company. Rachor Investment Advisory Services LLC bought a new stake in AT&T in the 4th quarter worth approximately $25,000. Safe Harbor Fiduciary LLC bought a new position in AT&T during the fourth quarter valued at approximately $25,000. Cresta Advisors Ltd. purchased a new position in shares of AT&T during the fourth quarter worth approximately $26,000. Blueline Advisors LLC purchased a new position in shares of AT&T during the fourth quarter worth approximately $26,000. Finally, Winnow Wealth LLC lifted its holdings in shares of AT&T by 362.8% in the 4th quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company's stock worth $26,000 after acquiring an additional 820 shares during the last quarter. Hedge funds and other institutional investors own 57.10% of the company's stock.

About Representative Moore

Timothy K. Moore (Republican Party) is a member of the U.S. House, representing North Carolina's 14th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Moore (Republican Party) ran for election to the U.S. House to represent North Carolina's 14th Congressional District. He won in the general election on November 5, 2024. Moore served as speaker of the House from 2015 to 2025. Timothy Moore earned his B.A. from the University of North Carolina-Chapel Hill in 1992 and his J.D. from the Oklahoma City University School of Law in 1995. His professional experience includes working as an attorney.

About AT&T

AT&T Inc is a global telecommunications company that provides a broad range of communications and digital entertainment services. Its core activities include consumer and business wireless services, broadband and fiber internet, and network infrastructure. The company operates branded wireless services through AT&T Mobility and deploys fixed-line and fiber networks to deliver high-speed internet and related home services.

AT&T's product and service portfolio spans mobile voice and data plans, smartphones and device sales, home internet (including fiber-to-the-home where available), and managed connectivity solutions for enterprise customers.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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