Desroches Pascal, an insider at AT&T Inc (T), purchased 131,330 shares of the company on August 28, 2025, at a price of $29.29 per share, resulting in a total transaction value of $3.85 million. Following this transaction, Pascal holds the same number of shares in the company.
This insider buying could be seen as a positive indicator, reflecting confidence in the company's future. AT&T, headquartered in Dallas, Texas, is a major player in the telecommunications industry, providing a range of services globally, including wireless and wireline telecom. The company has a market capitalization of $179.2 billion, a P/E ratio of 8.05, and an EPS of 3.09, with a substantial dividend yield of 439.3%.
Insider transactions are reported to the SEC, offering transparency regarding how executives view their stock. However, investors are advised to consider these transactions within a broader context, examining patterns of activity across multiple insiders and time periods rather than focusing on isolated events.
AT&T is set to announce its earnings on April 21, 2026, with an estimated EPS of $0.55 and revenue of $31.8 billion, followed by another report on July 21, 2026, with an EPS estimate of $0.59 and revenue of $31.9 billion.