At&t Inc. (T) Files Form 4 Insider Buying : Matthew K Rose Buys 21,950 Shares

At&t Inc. (T): Matthew K Rose , director of At&t Inc. purchased 21,950 shares on Aug 6, 2015. The Insider buying transaction was reported by the company on May 5, 2016 to the Securities and Exchange Commission. The shares were purchased at $34.15 per share for a total value of $749,579.31 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 25, 2015, Michael B Mccallister (director) purchased 10,000 shares at $32.92 per share price.On Aug 4, 2015, Beth E Mooney (director) purchased 10,000 shares at $34.65 per share price.Also, On Jul 29, 2015, John T Stankey (CEO?AT&T Entm’t & Intrnt Srvcs) sold 2,595 shares at $34.43 per share price.

Shares of AT&T (T) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -0.03 points or -0.08% at $38.88 with 1,54,80,828 shares getting traded. Post opening the session at $38.75, the shares hit an intraday low of $38.58 and an intraday high of $39 and the price vacillated in this range throughout the day. The company has a market cap of $239,159 M and the number of outstanding shares has been calculated to be 6,15,12,08,900 shares. The 52-week high of AT&T is $39.72 and the 52-week low is $30.97.

AT&T Money Flow Index Chart

Company has been under the radar of several Street Analysts.AT&T is Reiterated by Nomura to Buy and the brokerage firm has raised the Price Target to $ 44 from a previous price target of $39 .The Rating was issued on Apr 19, 2016.AT&T is Reiterated by Barclays to Overweight and the brokerage firm has raised the Price Target to $ 42 from a previous price target of $40 .The Rating was issued on Apr 18, 2016.AT&T is Initiated by Macquarie to Outperform. The Rating was issued on Apr 5, 2016.AT&T is Reiterated by Deutsche Bank to Buy and the brokerage firm has raised the Price Target to $ 41 from a previous price target of $40 .The Rating was issued on Mar 22, 2016.AT&T is Initiated by Deutsche Bank to Buy and the brokerage firm has set the Price Target at $40. The Rating was issued on Feb 24, 2016.

AT&T Inc. is a holding company. The Company provides telecommunications services. Its services and products include wireless communications data/broadband and Internet services video services local exchange services long-distance services telecommunications equipment managed networking and wholesale services. Its segments include Wireless Wireline and International. Its wireless subsidiaries provide both wireless voice and data communication services. The wireline subsidiaries provide landline data and voice communication services AT&T U-verse broadband video and voice services (U-verse) and managed networking. Its International segment uses the Iusacell and Unefon regional and national networks to provide wireless data and voice communication services. Its International segment also utilizes the networks of Nextel Mexico to provide similar services. Through its subsidiary DIRECTV Group Holdings LLC it provides pay television in the United States and across the world.

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