T AT&T Inc.
XNYS
23.44
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
T
$23.44
—
Key stats
$23.44
- 52-Week Range
- $19.89 – $29.43
- YTD
- -4.56%
- IV Rank (30D)
- 60.69
- Straddle Price
- $1.58
- P/C Vol Ratio
- 0.45
- Market Cap
- $161.0B
- Open
- $23.65
- Day Range
- $23.39 – $23.85
- Volume
- 53,032,292
- Prev Close
- $23.50
Fair Value
MODEL: NEUTRAL
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 5.21% |
| Beta vs SPY | 0.54 |
| Cost of Equity (CAPM) | 7.93% (VRP-adj) |
| WACC | 7.06% |
| Volatility Risk Premium | +17.6pp (IV − HV30) |
| Effective Tax Rate | 11.7% |
| Rev. Growth (YoY, DCF input) | +2.8% |
| DCF Horizon | 10 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.03 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $13.3B |
| Return on Equity (TTM) | 19.4% |
| Book / Price | 76.0% — banking bias active (P/B is primary) |
| Gross Margin (TTM) | 50.7% |
| FCF Margin (TTM) | 10.4% |
| Debt / Equity | 1.06 |
| Quality Score | 3/6 — normal (10y DCF) |
| Market-Implied Growth | +1.7% (reverse-DCF on current price) |
| SMA 50 | $24.94 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $24.33 |
| Bollinger Width / SMA20 | 66.7% (drives anchor stability) |
| Net Debt | $117.1B |
| Market Cap | $166B |
Peers used for multiples: CMCSA, DIS, TMUS, VZ
(filtered from 8 ETF-co-members; sector bias active)
60-Day Conviction
9%
20-Day Fair Value
≈ by Nov 16, 2026
$23.80
α +1.5%
rank 24%
conviction
78%
40-Day Fair Value
≈ by Dec 15, 2026
$23.67
α +1.0%
rank 22%
conviction
31%
60-Day Fair Value
≈ by Jan 13, 2027
$23.49
α +0.2%
rank 27%
conviction
9%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $26.38 | 18% | |
| DDM (Gordon) | $22.10 | 15% | |
| Peer P/E | $42.58 | 8% | median 13.7× · 4 peers |
| Peer EV/EBITDA | $34.57 | 8% | median 7.6× · 4 peers |
| Peer P/B | $31.16 | 2% | median 1.7× · 4 peers |
| Peer P/S | $29.27 | 6% | median 1.6× · 4 peers |
| Market Anchor (SMA50) | $24.94 | 24% | stability 66% (BB-width) |
| Options Expected (B-L 30d) | $23.19 | 18% | 23 strikes · skew -1.07 |
As of 2026-10-16 · updated
Related
About
- Industry (SIC)
- TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE) (4813) · industry map
- Exchange
- XNYS
- Market Cap
- $161.0B
- Employees
- 133,030
- List Date
- 1946-11-01
- CIK
- 0000732717
- Next Earnings
- 2026-10-21 (Pre-Market)
- EPS Forecast
- $0.61 (7 est.)
- Headquarters
- Dallas, TX
- Homepage
- https://www.att.com
The wireless business contributes about 70% of AT&T's revenue. The company is the third-largest US wireless carrier, connecting 75 million postpaid and 17 million prepaid phone customers. Fixed-line enterprise services, which account for about 13% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential services, about 12% of revenue, primarily consist of in-home broadband internet access, serving 16 million customers across a network footprint that reaches more than 60 million homes. AT&T also has a sizable presence in Mexico, with …
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -2.75% | 0.28% | 8.70% | 2.55% | 3.94% | 6.72% | 3.24% |
| Feb | -2.65% | -2.99% | -6.29% | -6.15% | 13.03% | 6.50% | 0.24% |
| Mar | 7.76% | 0.42% | 3.16% | 3.65% | 2.02% | 3.50% | 3.42% |
| Apr | 3.09% | -21.35% | -8.87% | -3.49% | -2.74% | -7.70% | -6.84% |
| May | -6.57% | 11.35% | -10.11% | 7.68% | 0.58% | -5.05% | -0.35% |
| Jun | -1.84% | -1.23% | 0.89% | 6.11% | 3.62% | -15.68% | -1.35% |
| Jul | -3.64% | -11.87% | -9.93% | 1.42% | -5.09% | 14.05% | -2.51% |
| Aug | -2.45% | -6.35% | 3.43% | 2.21% | 5.55% | 9.75% | 2.02% |
| Sep | -0.66% | -12.34% | 2.53% | 7.68% | -2.89% | -6.15% | -1.97% |
| Oct | -7.00% | 14.65% | 4.98% | 1.85% | -10.16% | -3.54%* | 0.13% |
| Nov | -10.01% | 5.07% | 6.35% | 4.70% | 6.07% | -- | 2.44% |
| Dec | 10.66% | -4.06% | 0.12% | 0.31% | -3.68% | -- | 0.67% |
| Total | -16.59% | -29.34% | -7.28% | 31.34% | 8.48% | -1.50% | -2.48% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $24.23
SMA 50: $24.93
SMA 200: $25.11
Current: $23.44
EMA 12: $23.66
EMA 26: $24.21
MACD: -0.5482 | Signal: -0.1146
BEARISH
ADX (14): 24.49
WEAK TREND
+DI: 22.40
−DI: 31.80
Momentum Oscillators
RSI (14): 41.67
NEUTRAL
Stoch %K: 41.43
Stoch %D: 32.42
Williams %R: -51.79
Volume & Volatility
BB Upper: $26.18
BB Lower: $22.28
NEUTRAL
OBV: 1,469,336,767
Vol SMA 20: 44,762,844
Vol ROC: 54.23%
ATR: $0.65
True Range: $0.46
HV 20: 44.6%
HV 30: 39.6%
HV 60: 33.7%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-18T00:00:00 – 2026-10-16T00:00:00
AI Analysis
LLM Stock Analysis Report
SYMBOL: T
Executive Summary Overall Assessment: NEUTRAL with confidence level 6/10 Key Drivers:
- Technical trend indicators suggest a neutral market, with short-term momentum signals hinting at potential upside.
- Recent news headlines have been mixed, with no significant catalysts driving the stock price.
Primary Risks:
- Overbought RSI and Stochastic Oscillators may lead to near-term correction.
- Market volatility could impact options trading and increase risk.
Investment Thesis: The stock is currently consolidating in a range-bound environment. With mixed technical signals, the stock's price action will depend on market trends and external catalysts.
Recent News Sentiment Impact: The recent news headlines have been neutral, with no significant positive or negative events impacting the stock's price.
Technical Analysis
- Trend Direction: Neutral (short-term), Neutral (medium-term), and Bearish (long-term)
- Support/Resistance Levels: SMA 20: $23.11, SMA 50: $22.67
- Momentum Signals:
- RSI interpretation: Neutral (63.02) with no clear buy or sell signal.
- MACD signal: Bullish (0.41 / Signal: 0.10 / Histogram: 0.31), indicating potential upside.
- Bollinger Bands position: Neutral, with price trading near the middle band.
- Volume Analysis: Volume SMA 20: 72840219.55, indicating a decrease in buying pressure.
News & Sentiment Analysis
- Recent Headlines Summary: Mixed news headlines with no significant market-moving events.
- Sentiment Assessment: Neutral (average sentiment from recent news articles).
- Catalyst Identification: No near-term catalysts expected to impact the stock's price.
- Market Narrative: The mixed technical signals and neutral news headlines suggest a range-bound market.
Risk & Volatility Assessment
- Beta Interpretation: Negative beta (-0.34), indicating the stock moves opposite to the market.
- Volatility Regime: Historical volatility (HV20: 32.2%, HV30: 35.1%) is relatively high, which may increase risk.
- Options Market Signals:
- IV Rank: Medium (35.3%), indicating historically average volatility.
- Current IV: 52.8% (positive), suggesting options market pricing a potential move.
- Expected Move: $1.30 (31 DTE) with a put/call volume ratio of 0.38 (bullish sentiment).
- Downside Protection: Support levels at SMA 20 and SMA 50, which may provide some cushion in case of a decline.
Market Context & Positioning
- Sector Performance: Neutral performance within the sector.
- Institutional Activity: Mixed institutional interest with no significant buying or selling pressure.
- Correlation Analysis: The stock's price is negatively correlated to the market (R-squared interpretation).
- Relative Valuation: The stock is trading near its historical average, indicating a relatively fair valuation.
Key Levels & Action Items
- Critical Price Levels: Support at SMA 20 and SMA 50.
- Breakout/Breakdown Levels: Potential upside target at $25.12 (upper Bollinger Band).
- Time-Sensitive Catalysts: No near-term earnings or product launch catalysts expected to impact the stock's price.
- Risk Management: Consider stop-loss levels around SMA 20 and position sizing considerations based on market conditions.
Overall, the analysis suggests a neutral market with mixed technical signals. The options market is pricing a potential move, but the recent news headlines have been generally neutral. As such, investors should exercise caution and consider risk management strategies to protect their positions.
Generated
News
All T news →
AT&T is leaving the Mexican mobile market after a little more than a decade as it focuses on its U.S. business.
AT&T boasts a 17.4% net margin after shedding media assets, while Verizon's aggressive acquisitions have lifted free cash flow higher, but at the cost of greater leverage.
Showing 1–10 of 50
Page 1 of 5
Earnings History
14 of 23 under expected move
Avg Expected Move
4.13%
Avg Actual Move
3.76%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-01-27 | Pre-Market | 4.03% | 2.05% | 0.51x | Within |
| 2021-04-22 | Pre-Market | 2.66% | 4.15% | 1.56x | Exceeded |
| 2021-07-21 | Pre-Market | 2.72% | 0.04% | 0.01x | Within |
| 2021-10-21 | Pre-Market | 2.78% | 0.58% | 0.21x | Within |
| 2022-01-05 | Pre-Market | 2.85% | 2.22% | 0.78x | Within |
| 2022-04-21 | Pre-Market | 3.35% | 4.01% | 1.20x | Exceeded |
| 2022-07-21 | Pre-Market | 3.66% | 7.62% | 2.08x | Exceeded |
| 2022-10-20 | Pre-Market | 4.63% | 7.72% | 1.67x | Exceeded |
| 2023-01-25 | Pre-Market | 4.44% | 6.58% | 1.48x | Exceeded |
| 2023-04-20 | Pre-Market | 4.16% | 10.41% | 2.50x | Exceeded |
| 2023-07-26 | Pre-Market | 5.07% | 0.61% | 0.12x | Within |
| 2023-10-19 | Pre-Market | 4.82% | 6.56% | 1.36x | Exceeded |
| 2024-01-24 | Pre-Market | 5.47% | 2.97% | 0.54x | Within |
| 2024-04-24 | Pre-Market | 4.61% | 1.88% | 0.41x | Within |
| 2024-07-24 | Pre-Market | 4.26% | 5.22% | 1.23x | Exceeded |
| 2024-10-23 | Pre-Market | 5.07% | 4.60% | 0.91x | Within |
| 2025-01-27 | Pre-Market | 4.31% | 6.25% | 1.45x | Exceeded |
| 2025-04-23 | unknown | 2.32% | 1.40% | 0.60x | Within |
| 2025-07-23 | Pre-Market | 4.54% | 1.20% | 0.26x | Within |
| 2025-10-22 | Pre-Market | 4.78% | 1.92% | 0.40x | Within |
| 2026-01-28 | Pre-Market | 4.70% | 4.65% | 0.99x | Within |
| 2026-04-22 | Pre-Market | 5.12% | 0.39% | 0.08x | Within |
| 2026-07-22 | Pre-Market | 4.60% | 3.50% | 0.76x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
T Options Activity & IV Rank
T IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 29.6%
7-DTE IV: 41.1%
Expected Move: $1.58
7-DTE Move: $1.07
Days to Exp: 28 (2026-11-13)
Options Flow
Call Volume: 388
Put Volume: 174
P/C Volume: 0.448
BULLISH
Call OI: 3,396
Put OI: 1,311
P/C OI: 0.386
Total OI: 4,707
ATM Options Pricing
ATM Call: $0.76
ATM Put: $0.83
Call %: 3.2%
Put %: 3.5%
Chain Summary
Chain Volume: 49,572
Chain OI: 1,188,762
Last Updated: 10/16/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 21st percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
21%
vs own history
GEX tilt
+0.11
OI-weighted, today
Vanna tilt
+0.50
δ-sensitivity to IV
Charm tilt
-0.53
δ-decay vs time
Vanna tilt +0.50: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.53: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 164 ATM contracts, 454k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
96%
+14.3
pts
EXTREME
ATM 33.4% / Wing 47.7%
30 DTE / 10d
48%
+5.3
pts
EXTREME
ATM 30.6% / Wing 35.9%
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)75.4HighOct 16
IV Rank (30 DTE)60.7MediumOct 16
Straddle Price (30 DTE)$1.58Oct 16
Beta Analysis
Risk Metrics
Beta: -0.3731
Alpha: -1.70%
Correlation: -0.1740
R-Squared: 3.0%
Stock Volatility: 27.3%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Negative beta - stock moves opposite to market
Negative beta - stock moves opposite to market
Beta & Alpha Over Time
Notable investors who own T
6 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Citadel Hedge fund Ken Griffin | $311.9M | #96 of 6285 | +3831.8% | 13F | |
| Millennium Management Hedge fund Izzy Englander | $154.8M | #199 of 3716 | +162.6% | 13F | |
| Point72 Hedge fund Steve Cohen | $130.4M | #129 of 1945 | +6920.0% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $127.0M | #93 of 4729 | +2.6% | 13F | |
| Renaissance Technologies Hedge fund Jim Simons | $24.6M | #611 of 3138 | new | 13F | |
| Bridgewater Associates Hedge fund Ray Dalio | $3.7M | #536 of 997 | +12.8% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
T Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 7,080,250,000 (as of 2026-06-30)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
57 filers$1.32B notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Jane Street Group, LLC Custodian | $408.82M | 30.99% | 2026-06-30 |
| 2 | Susquehanna International Group, LLP Custodian | $155.31M | 11.77% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $111.27M | 8.44% | 2026-06-30 |
| 4 | IMC-Chicago, LLC Custodian | $72.59M | 5.50% | 2026-06-30 |
| 5 | Point72 Asset Management, L.P. | $47.71M | 3.62% | 2026-06-30 |
| 6 | National Bank of Canada Custodian | $44.51M | 3.37% | 2026-06-30 |
| 7 | PEAK6 LLC | $43.14M | 3.27% | 2026-06-30 |
| 8 | Simplex Trading, LLC Custodian | $36.13M | 2.74% | 2026-06-30 |
| 9 | Wolverine Trading, LLC Custodian | $32.37M | 2.45% | 2025-09-30 |
| 10 | Twin Tree Management, LP | $28.88M | 2.19% | 2026-06-30 |
| 11 | Barclays PLC Custodian | $24.01M | 1.82% | 2026-06-30 |
| 12 | CAPITAL FUND MANAGEMENT S.A. | $23.08M | 1.75% | 2026-06-30 |
| 13 | UBS Group AG Custodian | $22.98M | 1.74% | 2026-06-30 |
| 14 | NOMURA HOLDINGS INC | $20.78M | 1.58% | 2026-06-30 |
| 15 | JPMorgan Chase & Co Custodian | $20.70M | 1.57% | 2026-06-30 |
| 16 | BNP Paribas Financial Markets Custodian | $20.63M | 1.56% | 2026-06-30 |
| 17 | Squarepoint Ops LLC | $19.34M | 1.47% | 2026-06-30 |
| 18 | Walleye Trading LLC | $18.41M | 1.40% | 2026-06-30 |
| 19 | Balyasny Asset Management L.P. | $16.98M | 1.29% | 2026-06-30 |
| 20 | Millennium Management LLC Custodian | $16.41M | 1.24% | 2026-06-30 |
| 21 | HSBC Holdings plc Custodian | $14.84M | 1.12% | 2026-06-30 |
| 22 | CIBC Bancorp USA Inc. | $13.62M | 1.03% | 2026-06-30 |
| 23 | Citigroup Inc. Custodian | $11.15M | 0.85% | 2026-06-30 |
| 24 | Goldman Sachs Group Inc Custodian | $9.82M | 0.74% | 2026-06-30 |
| 25 | D. E. Shaw & Co., Inc. Custodian | $9.62M | 0.73% | 2026-06-30 |
53 filers$1.22B notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Jane Street Group, LLC Custodian | $402.83M | 32.89% | 2026-06-30 |
| 2 | Susquehanna International Group, LLP Custodian | $155.28M | 12.68% | 2026-06-30 |
| 3 | Citigroup Inc. Custodian | $96.80M | 7.90% | 2026-06-30 |
| 4 | Citadel Advisors LLC Custodian | $90.95M | 7.43% | 2026-06-30 |
| 5 | IMC-Chicago, LLC Custodian | $42.36M | 3.46% | 2026-06-30 |
| 6 | Barclays PLC Custodian | $38.47M | 3.14% | 2026-06-30 |
| 7 | Goldman Sachs Group Inc Custodian | $38.30M | 3.13% | 2026-06-30 |
| 8 | BNP Paribas Financial Markets Custodian | $35.29M | 2.88% | 2026-06-30 |
| 9 | NOMURA HOLDINGS INC | $33.14M | 2.71% | 2026-06-30 |
| 10 | Millennium Management LLC Custodian | $24.00M | 1.96% | 2026-06-30 |
| 11 | Squarepoint Ops LLC | $21.11M | 1.72% | 2026-06-30 |
| 12 | CAPSTONE INVESTMENT ADVISORS, LLC | $19.84M | 1.62% | 2026-06-30 |
| 13 | Balyasny Asset Management L.P. | $19.81M | 1.62% | 2026-06-30 |
| 14 | JPMorgan Chase & Co Custodian | $19.68M | 1.61% | 2026-06-30 |
| 15 | Simplex Trading, LLC Custodian | $18.08M | 1.48% | 2026-06-30 |
| 16 | Centiva Capital, LP | $17.75M | 1.45% | 2026-06-30 |
| 17 | Walleye Trading LLC | $16.22M | 1.32% | 2026-06-30 |
| 18 | GROUP ONE TRADING LLC Custodian | $15.48M | 1.26% | 2026-06-30 |
| 19 | Point72 Asset Management, L.P. | $14.87M | 1.21% | 2026-06-30 |
| 20 | UBS Group AG Custodian | $12.67M | 1.03% | 2026-06-30 |
| 21 | Allianz Asset Management GmbH | $11.80M | 0.96% | 2026-06-30 |
| 22 | Wolverine Trading, LLC Custodian | $10.28M | 0.84% | 2025-09-30 |
| 23 | CAPITAL FUND MANAGEMENT S.A. | $10.06M | 0.82% | 2026-06-30 |
| 24 | Qube Research & Technologies Ltd | $8.09M | 0.66% | 2026-06-30 |
| 25 | Alphadyne Asset Management LP | $6.84M | 0.56% | 2026-06-30 |
T Insider Trading (Form 4)
Latest: 2026-10-07Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-10-07 | Darcie M. Cakaric | SEVP and Chief HR Officer | Mixed | +23,444 | $24.24 | -$368.7K | EDGAR |
| 2026-10-02 | Fazal F Merchant | Director | Grant (A) | +10,707 RSU | — | EDGAR | |
| 2026-10-02 | Jeffery S. McElfresh | Chief Operating Officer | Award (A) | +512 | $24.40 | $12.5K | EDGAR |
| 2026-10-02 | Sanders S Sabrina | SVP-ChiefActngOfcr&Controller | Mixed | −9,103 | $25.87 | -$235.9K | EDGAR |
| 2026-10-02 | Pascal Desroches | Sr. Exec VP and CFO | Award (A) | +1,835 | $24.40 | $44.8K | EDGAR |
| 2026-10-02 | Lori M Lee | Global Mktg Ofr & SEVP Intl | Award (A) | +368 | $24.40 | $9.0K | EDGAR |
| 2026-09-02 | Jeffery S. McElfresh | Chief Operating Officer | Award (A) | +482 | $25.89 | $12.5K | EDGAR |
| 2026-09-02 | Sanders S Sabrina | SVP-ChiefActngOfcr&Controller | Award (A) | +126 | $25.89 | $3.3K | EDGAR |
| 2026-09-02 | Pascal Desroches | Sr. Exec VP and CFO | Award (A) | +1,730 | $25.89 | $44.8K | EDGAR |
| 2026-09-02 | Lori M Lee | Global Mktg Ofr & SEVP Intl | Award (A) | +347 | $25.89 | $9.0K | EDGAR |
| 2026-08-04 | Sanders S Sabrina | SVP-ChiefActngOfcr&Controller | Award (A) | +167 | $23.25 | $3.9K | EDGAR |
| 2026-08-04 | Luis A Ubinas | Director | Grant (A) | +869 RSU | — | EDGAR | |
| 2026-08-04 | Stephen J Luczo | Director | Award (A) | — | — | EDGAR | |
| 2026-08-04 | John T Stankey | CEO & President | Award (A) | +927 | $23.25 | $21.6K | EDGAR |
| 2026-08-04 | William E Kennard | Director | Grant (A) | +1,727 RSU | — | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
T Insider Holdings
19 insiders · @ $23.44
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Jeffery S. McElfresh | Chief Operating Officer | 733,843 | $17.20M | $0 | 116 | 2026-10-02 |
| 2 | Pascal Desroches | Sr. Exec VP and CFO | 732,774 | $17.18M | $589.6K | 83 | 2026-10-02 |
| 3 | Jeremy Alan Legg | Chief Technology Officer | 468,864 | $10.99M | $0 | 35 | 2026-02-19 |
| 4 | Stephen J Luczo | Director | 395,500 | $9.27M | $14.24M | 45 | 2026-08-04 |
| 5 | F. Thaddeus Arroyo | Chief Strategy & Dev Officer | 391,747 | $9.18M | $0 | 72 | 2026-01-20 |
| 6 | Edward W Gillespie | SEVP-Ext & Legislative Affairs | 294,011 | $6.89M | $0 | 31 | 2026-02-19 |
| 7 | Kenny Kellyn Smith | Chief Marketing & Growth Ofcr | 290,552 | $6.81M | $0 | 32 | 2026-02-19 |
| 8 | David R McAtee II | Sr. Exec. VP and Gen. Counsel | 250,022 | $5.86M | $0 | 112 | 2026-02-20 |
| 9 | Sanders S Sabrina | SVP-ChiefActngOfcr&Controller | 168,883 | $3.96M | -$41.3K | 59 | 2026-10-02 |
| 10 | Matthew K Rose | Director | 98,100 | $2.30M | $4.14M | 103 | 2026-08-04 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
Recent SEC Filings
Latest: 2026-05-20
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
| Filing Date | Accession | Link |
|---|---|---|
| 2026-05-20 | 0001193125-26-232817 | EDGAR |
| 2026-04-30 | 0001193125-26-197776 | EDGAR |
| 2026-04-22 | 0000732717-26-000201 | EDGAR |
| 2026-04-22 | 0000732717-26-000203 | EDGAR |
| 2026-03-12 | 0001193125-26-104098 | EDGAR |
| 2026-02-05 | 0001193125-26-039407 | EDGAR |
| 2026-01-28 | 0000732717-26-000046 | EDGAR |
| 2026-01-28 | 0000732717-26-000047 | EDGAR |
| 2025-11-03 | 0001193125-25-262515 | EDGAR |
| 2025-10-22 | 0000732717-25-000163 | EDGAR |
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-04-27 | 0000732717-26-000206 | EDGAR |
| 2025-10-31 | 0000732717-25-000171 | EDGAR |
| 2025-07-24 | 0000732717-25-000080 | EDGAR |
| 2025-04-29 | 0000732717-25-000023 | EDGAR |
| 2024-10-29 | 0000732717-24-000059 | EDGAR |
| 2024-07-25 | 0000732717-24-000053 | EDGAR |
| 2024-05-02 | 0000732717-24-000022 | EDGAR |
| 2023-10-31 | 0000732717-23-000057 | EDGAR |
| 2023-07-27 | 0000732717-23-000047 | EDGAR |
| 2023-05-01 | 0000732717-23-000022 | EDGAR |
ETF Holders
437 ETFs hold T
25 shown · $21.36B total exposure · 0.33% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.23% | $5.3B | — | 2026-09-30 |
| 2 | VOO Vanguard S&P 500 ETF | Vanguard | 0.25% | $4.4B | — | 2026-09-30 |
| 3 | IVV iShares Core S&P 500 ETF | iShares (BlackRock) | 0.24% | $2.1B | $890.0B | 2026-10-14 |
| 4 | SPY State Street® SPDR® S&P 500® ETF Trust | SPDR (State Street) | 0.24% | $1.9B | $812.7B | 2026-10-14 |
| 5 | VTV Vanguard Morningstar Value ETF | Vanguard | 0.64% | $1.6B | — | 2026-09-30 |
| 6 | XLC State Street® Communication Services Select Sector SPDR® ETF | SPDR (State Street) | 4.31% | $1.0B | $23.5B | 2026-10-14 |
| 7 | VYM Vanguard High Dividend Yield ETF | Vanguard | 0.69% | $663.3M | — | 2026-09-30 |
| 8 | SPYM State Street® SPDR® Portfolio S&P 500® ETF | SPDR (State Street) | 0.24% | $434.7M | $183.2B | 2026-10-14 |
| 9 | IWD iShares Russell 1000 Value ETF | iShares (BlackRock) | 0.41% | $344.2M | $83.8B | 2026-10-14 |
| 10 | COWZ Pacer US Cash Cows 100 ETF | Nport | 1.84% | $334.6M | — | 2026-04-30 |
| 11 | DYNF iShares U.S. Equity Factor Rotation Active ETF | iShares (BlackRock) | 0.67% | $286.2M | $42.5B | 2026-10-14 |
| 12 | JEPI JPMorgan Equity Premium Income ETF | JPMorgan | 0.59% | $272.2M | $45.9B | 2026-10-15 |
| 13 | IVE iShares S&P 500 Value ETF | iShares (BlackRock) | 0.53% | $262.4M | $49.9B | 2026-10-14 |
| 14 | VOX Vanguard Communication Services ETF | Vanguard | 4.05% | $255.3M | — | 2026-09-30 |
| 15 | DVY iShares Select Dividend ETF | iShares (BlackRock) | 1.08% | $247.6M | $23.0B | 2026-10-14 |
| 16 | VLUE iShares MSCI USA Value Factor ETF | iShares (BlackRock) | 2.51% | $228.2M | $9.2B | 2026-10-14 |
| 17 | FNDX Schwab Fundamental U.S. Large Company ETF | Nport | 0.81% | $206.1M | — | 2026-05-31 |
| 18 | ITOT iShares Core S&P Total U.S. Stock Market ETF | iShares (BlackRock) | 0.21% | $205.0M | $97.1B | 2026-10-14 |
| 19 | VV Vanguard Morningstar Large-Cap ETF | Vanguard | 0.26% | $196.9M | — | 2026-09-30 |
| 20 | USMV iShares MSCI USA Min Vol Factor ETF | iShares (BlackRock) | 0.83% | $195.1M | $23.9B | 2026-10-14 |
| 21 | SPYV State Street® SPDR® Portfolio S&P 500® Value ETF | SPDR (State Street) | 0.53% | $194.5M | $36.7B | 2026-10-14 |
| 22 | DFAC Dimensional US Core Equity 2 ETF | Dimensional | 0.21% | $188.4M | — | 2026-10-14 |
| 23 | SCHX Schwab U.S. Large-Cap ETF | Nport | 0.25% | $184.3M | — | 2026-05-31 |
| 24 | RSP Invesco S&P 500 Equal Weight ETF | Invesco | 0.19% | $181.2M | — | 2026-10-14 |
| 25 | VT Vanguard Total World Stock ETF | Vanguard | 0.14% | $141.5M | — | 2026-09-30 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
7.76
TTM Diluted EPS
$3.02
TTM Revenue
$127.24B
TTM Net Income
$21.41B
TTM Op. Cash Flow
$35.54B
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q2 '26 | 2026-06-30 | $31.56B | $4.59B | $0.66 | $6.51B |
| Q1 '26 | 2026-03-31 | $31.51B | $3.79B | $0.54 | $7.56B |
| Q4 '25 | 2025-12-31 | $33.47B | $3.75B | $0.53 | $11.32B |
| Q3 '25 | 2025-09-30 | $30.71B | $9.28B | $1.29 | $10.15B |
| Q2 '25 | 2025-06-30 | $30.85B | $4.46B | $0.62 | $9.76B |
| Q1 '25 | 2025-03-31 | $30.63B | $4.39B | $0.61 | $9.05B |
| Q4 '24 | 2024-12-31 | $32.30B | $4.03B | $0.56 | $11.90B |
| Q3 '24 | 2024-09-30 | $30.21B | $-226.00M | $-0.03 | $10.23B |
| Q2 '24 | 2024-06-30 | $29.80B | $3.55B | $0.49 | $9.09B |
| Q1 '24 | 2024-03-31 | $30.03B | $3.40B | $0.47 | $7.55B |
| Q4 '23 | 2023-12-31 | $32.02B | $2.13B | $0.30 | $11.38B |
| Q3 '23 | 2023-09-30 | $30.35B | $3.44B | $0.48 | $10.34B |
Q2 2026 • period ending 2026-06-30 • filed 2026-07-22
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
7.76
P/B
1.31
P/S
1.30
EV/EBITDA
6.07
EV/Sales
2.22
ROE
16.9%
ROA
5.0%
Div Yield
4.98%
FCF Yield
21.41%
Debt/Equity
1.06
Current Ratio
—
Market Cap
$165.96B
as of 2026-10-16
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
124.40M
SI % of Float
1.87%
Days to Cover
3.15
Short Vol Ratio
40.3%
Free Float
6.67B
Float %
97.3%
Short interest 2026-09-30 • Short volume 2026-10-16 • Float 2026-08-24