This House of Representative Just Bought Up To $75K In AT&T Stock
Benzinga Insights 19 hours ago
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A report on October 29, 2026 shows that Representative David Taylor from Ohio purchase stock in AT&T (NYSE:T), valued between $5,005 and $75,000. According to the October filing, the transaction occurred on October
A report on October 29, 2026 shows that Representative David Taylor from Ohio purchase stock in AT&T (NYSE:T), valued between $5,005 and $75,000. According to the October filing, the transaction occurred on October 15, 2026.
At the time of writing, AT&T shares are trading up 2.2228% at $21.39.
What Representative Has Been Trading Recently
Over the past three years, David Taylor executed 243 trades totaling over $369 thousand. The largest of these trades were in UnitedHealth Group and Eli Lilly stock. Some of the key transactions the Rep. has executed recently include:
- Microsoft (NASDAQ:MSFT): $15,001 - $50,000 Sale
- AT&T (NYSE:T): $1,001 - $15,000 Purchase
- Lam Research (NASDAQ:LRCX): $1,001 - $15,000 Purchase
Here is a list of David Taylor's most recent trades:
| Company | Ticker | Stock Type | Amount | Transaction Type | Transaction Date |
|---|---|---|---|---|---|
| AT&T | T | STOCK | $1,001 - $15,000 | P | 2026-10-15 |
| Lam Research | LRCX | STOCK | $1,001 - $15,000 | P | 2026-10-15 |
| Marathon Petroleum | MPC | STOCK | $1,001 - $15,000 | S | 2026-10-15 |
| Marathon Petroleum | MPC | STOCK | $1,001 - $15,000 | S | 2026-10-15 |
| Prologis | PLD | STOCK | $1,001 - $15,000 | P | 2026-10-15 |
Want to keep up with David Taylor and other congressional members’ stock activities? Check out our government trades tool for real-time updates!
The Importance of Congressional Transactions
A congressional transaction is when any representative or senator either buys or sells an individual stock.
Anyone working in Congress must file a Periodic Transaction Report to inform the public of their recent transaction within 30 days of being notified of the transaction and within 45 days of the transaction date.
In April 2012, Former President Barack Obama signed the STOCK Act into law. The act prohibits members of Congress from using private information given to them by their position for personal gain such as buying or selling a stock. The act also expanded disclosure requirements for members of Congress by requiring them to file a monthly disclosure.
Why Congressional Transactions Matter
Congressional transactions shouldn't be the primary reason for an investing decision, but they can be an important factor for an investor to consider.
When a senator or representative makes a new purchase, it could be an indication they expect the stock to rise.
A sale, on the other hand, can be made for a variety of reasons, and may not necessarily mean the seller thinks the stock will go down.
This article was generated by Benzinga's automated content engine and reviewed by an editor.