Insider Selling: T-Mobile US, Inc. (NASDAQ:TMUS) Director Sells 69,840 Shares of Stock

T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) Director Telekom Ag Deutsche sold 69,840 shares of the firm's stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $230.16, for a total transaction of $16,074,374.40. Following the sale, the director now directly owns 588,274,099 shares in the company, valued at approximately $135,397,166,625.84. The trade was a 0.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Telekom Ag Deutsche also recently made the following trade(s):

• On Thursday, June 12th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $228.75, for a total value of $15,975,900.00.

T-Mobile US Price Performance

Shares of T-Mobile US stock traded up $2.99 during trading on Monday, hitting $230.99. 3,709,646 shares of the company's stock traded hands, compared to its average volume of 4,078,432. The company has a market cap of $262.28 billion, a PE ratio of 23.89, a PEG ratio of 1.55 and a beta of 0.64. The firm's fifty day moving average price is $246.27 and its 200 day moving average price is $243.82. T-Mobile US, Inc. has a twelve month low of $173.74 and a twelve month high of $276.49. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.48 by $0.10. The company had revenue of $20.89 billion during the quarter, compared to analysts' expectations of $20.67 billion. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. The business's revenue was up 6.6% on a year-over-year basis. During the same period last year, the business earned $2.00 earnings per share. Analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Friday, August 29th will be given a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.52%. The ex-dividend date is Friday, August 29th. T-Mobile US's payout ratio is presently 34.34%.

Institutional Trading of T-Mobile US

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Activest Wealth Management raised its holdings in T-Mobile US by 9,400.0% during the 1st quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider's stock worth $25,000 after purchasing an additional 94 shares during the last quarter. Godsey & Gibb Inc. raised its stake in shares of T-Mobile US by 139.5% during the first quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider's stock worth $27,000 after buying an additional 60 shares during the last quarter. Stone House Investment Management LLC acquired a new position in T-Mobile US in the first quarter valued at approximately $29,000. TCTC Holdings LLC boosted its stake in T-Mobile US by 208.1% in the first quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider's stock valued at $30,000 after acquiring an additional 77 shares during the last quarter. Finally, Rakuten Securities Inc. grew its holdings in T-Mobile US by 93.9% during the 4th quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock worth $28,000 after acquiring an additional 62 shares during the period. Institutional investors and hedge funds own 42.49% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on TMUS shares. HSBC cut shares of T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price target for the company. in a research note on Wednesday, March 5th. JPMorgan Chase & Co. lifted their target price on T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a research note on Tuesday, March 18th. Wells Fargo & Company restated an "equal weight" rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Wall Street Zen downgraded T-Mobile US from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. Finally, Scotiabank raised shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and boosted their price objective for the company from $275.00 to $277.50 in a research note on Wednesday, April 30th. Eleven investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, T-Mobile US has a consensus rating of "Moderate Buy" and a consensus price target of $257.68.

T-Mobile US Company Profile

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.

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