Rep. Tim Moore (R-NC) Sells AT&T (T) Stock

Representative Tim Moore, a Republican serving North Carolina's 14th district, recently disclosed a sale of AT&T Inc. (NYSE: T) stock. According to a periodic transaction report filed under the STOCK Act, Moore sold a portion of his holdings on May 21, 2026. The trade was valued in the range of $15,001 to $50,000.

Timing of the Transaction

This sale took place in late May but wasn't officially reported until June 8, 2026. This delay is common under federal disclosure rules, which give members of Congress up to 45 days to report their stock trades. The filing comes after Moore reported a larger purchase of the same company earlier in June, showing ongoing activity in the telecom giant's shares within his portfolio. Another House Republican, David J. Taylor, has also been active in the stock, making multiple purchases throughout 2026.

AT&T Stock Performance and Valuation

On the Saturday this news was published, AT&T shares were priced at $20.71. The stock has been trading toward the bottom of its yearly range, which spans from a low of $19.89 to a high of $29.44. At this price level, the company has a price-to-earnings (P/E) ratio of 7.76. This metric is a way to value a stock by comparing its share price to its annual earnings; a lower number sometimes suggests a stock is cheaper relative to its profits. The stock is currently trading below its 50-day moving average of $24.94 and its 200-day moving average of $25.11, which are common benchmarks used to track price trends.

Recent Earnings and Financial Health

In its most recent financial reports, AT&T posted annual revenue of about $127.24 billion. The company saw its revenue grow by roughly 2.3% during that period. With earnings per share (EPS) at $3.03, the company remains profitable, maintaining a net margin of 16.94% and a return on equity of 18.34%. These figures help show how efficiently the company is generating profit from its sales and its shareholders' investments. Looking ahead, the company is scheduled to report its next round of quarterly earnings on October 21, 2026.

Dividend Payments

AT&T is a well-known dividend payer, offering an annual yield of 4.72%. This yield represents the percentage of the stock price paid out to shareholders each year. The company uses about 36.6% of its earnings to cover these payments, leaving the rest of its profits for other corporate needs or debt reduction.

Analysts Set New Price Targets

Wall Street firms have been busy updating their outlook on AT&T lately. On October 9, 2026, Scotiabank kept its Sector Perform rating but trimmed its price target to $26.50. This followed a similar move on October 2, 2026, when the same firm lowered its target from $29.25 to $27.50. In contrast, Morgan Stanley raised its price target to $28.00 on September 28, 2026, while maintaining an Overweight rating. BNP Paribas also upgraded the stock to Outperform on September 21, 2026, with a $30.00 target. Overall, 23 analysts provide opinions on the company, resulting in a consensus buy recommendation and an average price target of $28.76.

About AT&T Inc.

AT&T is a major provider of phone and internet services. It runs a massive wireless network and a fiber-optic broadband business across the United States. It also has a significant presence in Mexico, where it sells prepaid and postpaid mobile plans. The company's recent focus has been on expanding its 5G and fiber footprints to compete in the modern telecommunications landscape.

Closing Thoughts

While this sale by Representative Moore provides a look into his personal investment moves, these disclosures are backward-looking and do not necessarily predict where the stock will go next. Investors will likely be watching the next earnings report on October 21, 2026, to see if the company's growth strategy is paying off. Further filings from members of Congress will continue to be monitored for signs of broader trading trends among lawmakers.