Aquatic Capital Management LLC Lowers Position in T-Mobile US, Inc. $TMUS

Key Points

• Aquatic Capital Management cut its T‑Mobile stake by 59.4% in Q3, selling 127,179 shares and leaving it with 86,820 shares valued at about $20.78M.
• Company insiders have been net sellers—694,134 shares worth roughly $150.85M were sold in the last three months, including CFO Peter Osvaldik’s sale of 27,000 shares—dropping insider ownership to 0.37%.
• Analysts hold a consensus “Moderate Buy” on TMUS with an average target of $257.09; recent notes include Barclays raising its target to $245 and Wolfe Research at $255, while the stock trades near $217 and has a market cap of about $239.5B.

Aquatic Capital Management LLC trimmed its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 59.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 86,820 shares of the Wireless communications provider's stock after selling 127,179 shares during the period. Aquatic Capital Management LLC's holdings in T-Mobile US were worth $20,783,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Bailard Inc. boosted its holdings in shares of T-Mobile US by 6.2% during the 2nd quarter. Bailard Inc. now owns 2,406 shares of the Wireless communications provider's stock valued at $573,000 after purchasing an additional 140 shares during the last quarter. Foundations Investment Advisors LLC increased its holdings in shares of T-Mobile US by 259.1% in the second quarter. Foundations Investment Advisors LLC now owns 10,026 shares of the Wireless communications provider's stock worth $2,389,000 after purchasing an additional 7,234 shares during the last quarter. Empower Advisory Group LLC increased its holdings in shares of T-Mobile US by 5.8% in the second quarter. Empower Advisory Group LLC now owns 309,419 shares of the Wireless communications provider's stock worth $73,722,000 after purchasing an additional 16,878 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of T-Mobile US by 6.7% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 116,959 shares of the Wireless communications provider's stock worth $27,867,000 after buying an additional 7,296 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of T-Mobile US by 8.7% in the second quarter. Cetera Investment Advisers now owns 128,772 shares of the Wireless communications provider's stock worth $30,681,000 after buying an additional 10,260 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Srikant M. Datar sold 3,291 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $221.10, for a total transaction of $727,640.10. Following the sale, the director owned 1,038 shares in the company, valued at approximately $229,501.80. This represents a 76.02% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Peter Osvaldik sold 27,000 shares of the firm's stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $214.86, for a total value of $5,801,220.00. Following the completion of the sale, the chief financial officer owned 51,573 shares of the company's stock, valued at approximately $11,080,974.78. This represents a 34.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 694,134 shares of company stock worth $150,847,799. 0.37% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have weighed in on TMUS. Weiss Ratings cut T-Mobile US from a "buy (b-)" rating to a "hold (c+)" rating in a report on Monday, January 12th. Sanford C. Bernstein reaffirmed a "neutral" rating on shares of T-Mobile US in a report on Thursday, February 19th. DZ Bank reiterated a "buy" rating on shares of T-Mobile US in a research report on Friday, February 13th. Wolfe Research reissued an "outperform" rating and issued a $255.00 target price on shares of T-Mobile US in a report on Thursday, February 12th. Finally, Barclays boosted their price target on shares of T-Mobile US from $240.00 to $245.00 and gave the stock an "overweight" rating in a research report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, T-Mobile US currently has an average rating of "Moderate Buy" and a consensus target price of $257.09.

T-Mobile US Trading Up 1.4%

TMUS opened at $217.39 on Friday. The stock has a 50-day moving average of $204.16 and a 200 day moving average of $214.50. The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 1.45. T-Mobile US, Inc. has a 12 month low of $181.36 and a 12 month high of $272.60. The firm has a market cap of $239.53 billion, a P/E ratio of 22.39, a P/E/G ratio of 1.41 and a beta of 0.43.

T-Mobile US Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.

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