Banco Bilbao Vizcaya Argentaria S.A. Buys 4,745 Shares of T-Mobile US, Inc. $TMUS

Key Points

• Banco Bilbao Vizcaya Argentaria S.A. increased its stake in T‑Mobile by 4.4% in Q3, adding 4,745 shares to hold 111,758 shares valued at about $26.75 million.
• Significant insider selling has occurred recently — CFO Peter Osvaldik sold 27,000 shares and a director sold 3,291, with insiders offloading 694,134 shares worth $150.85 million over the last three months (insiders now own 0.37%).
• Analyst sentiment is mixed but positive overall, with TMUS carrying an average rating of "Moderate Buy" and an average target price of $257.09, alongside varied recent upgrades and downgrades from firms like Barclays, Scotiabank and DZ Bank.

Banco Bilbao Vizcaya Argentaria S.A. boosted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 4.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 111,758 shares of the Wireless communications provider's stock after acquiring an additional 4,745 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in T-Mobile US were worth $26,751,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Howard Hughes Medical Institute purchased a new stake in T-Mobile US in the 2nd quarter worth $25,000. United Community Bank grew its position in shares of T-Mobile US by 131.1% during the third quarter. United Community Bank now owns 104 shares of the Wireless communications provider's stock valued at $25,000 after purchasing an additional 59 shares in the last quarter. Elevation Wealth Partners LLC increased its holdings in shares of T-Mobile US by 190.0% in the third quarter. Elevation Wealth Partners LLC now owns 116 shares of the Wireless communications provider's stock worth $28,000 after purchasing an additional 76 shares during the last quarter. CoreFirst Bank & Trust bought a new stake in shares of T-Mobile US in the second quarter worth about $31,000. Finally, Kilter Group LLC purchased a new stake in shares of T-Mobile US in the second quarter worth about $34,000. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Trading Up 1.4%

TMUS opened at $217.39 on Friday. 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, Inc. has a 12 month low of $181.36 and a 12 month high of $272.60. The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 1.45. The stock has a 50-day moving average of $204.16 and a 200 day moving average of $214.50.

Insiders Place Their Bets

In other news, CFO Peter Osvaldik sold 27,000 shares of T-Mobile US stock in a transaction that occurred 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 transaction, the chief financial officer owned 51,573 shares in the company, valued at approximately $11,080,974.78. The trade was a 34.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Srikant M. Datar sold 3,291 shares of the business's stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $221.10, for a total value of $727,640.10. Following the transaction, the director directly owned 1,038 shares in the company, valued at approximately $229,501.80. This represents a 76.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 Upgrades and Downgrades

A number of research firms recently commented on TMUS. Barclays boosted their target price on T-Mobile US from $240.00 to $245.00 and gave the stock an "overweight" rating in a research report on Thursday, February 12th. Scotiabank reduced their price objective on T-Mobile US from $270.50 to $266.00 and set a "sector outperform" rating on the stock in a research note on Thursday, February 12th. Wall Street Zen cut T-Mobile US from a "hold" rating to a "sell" rating in a report on Saturday. DZ Bank reiterated a "buy" rating on shares of T-Mobile US in a research report on Friday, February 13th. Finally, KeyCorp raised shares of T-Mobile US from an "underweight" rating to a "sector weight" rating in a report on Tuesday, December 2nd. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $257.09.

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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