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

Key Points

• T-Mobile US Director Telekom Ag Deutsche sold 69,840 shares of the company's stock on September 10 at an average price of $240.08, totaling approximately $16.77 million.
• The most recent sale marked a 0.01% decrease in Telekom Ag Deutsche's ownership, who now holds roughly 635 million shares, valued at about $152.45 billion.
• T-Mobile US has shown solid performance, with a P/E ratio of 22.90 and reported $21.13 billion in revenue last quarter, exceeding analysts' expectations.

T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) Director Telekom Ag Deutsche sold 69,840 shares of the company's stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $240.08, for a total transaction of $16,767,187.20. Following the completion of the sale, the director directly owned 635,014,604 shares in the company, valued at approximately $152,454,306,128.32. The trade was a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Monday, September 8th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $243.47, for a total value of $17,003,944.80.
• On Thursday, September 4th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $252.94, for a total value of $17,665,329.60.
• On Tuesday, September 2nd, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $256.44, for a total value of $17,909,769.60.
• On Friday, August 29th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $251.23, for a total value of $17,545,903.20.
• On Wednesday, August 27th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $251.35, for a total value of $17,554,284.00.
• On Monday, August 25th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $251.32, for a total value of $17,552,188.80.
• On Friday, August 22nd, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $254.79, for a total transaction of $17,794,533.60.
• On Wednesday, August 20th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $259.87, for a total transaction of $18,149,320.80.
• On Monday, August 18th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $255.46, for a total transaction of $17,841,326.40.
• On Thursday, August 14th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $250.87, for a total transaction of $17,520,760.80.

T-Mobile US Stock Performance

TMUS traded down $2.34 on Wednesday, reaching $240.38. The stock had a trading volume of 4,941,992 shares, compared to its average volume of 3,674,868. The business's 50-day moving average price is $243.14 and its two-hundred day moving average price is $247.18. The company has a market cap of $270.53 billion, a P/E ratio of 22.90, a price-to-earnings-growth ratio of 1.33 and a beta of 0.61. T-Mobile US, Inc. has a 12-month low of $194.41 and a 12-month high of $276.49. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 1.33.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share for the quarter, topping analysts' consensus estimates of $2.69 by $0.15. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.The company had revenue of $21.13 billion during the quarter, compared to analysts' expectations of $20.99 billion. During the same quarter in the prior year, the firm posted $2.49 EPS. T-Mobile US's quarterly revenue was up 6.9% compared to the same quarter last year. Sell-side analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

Institutional Trading of T-Mobile US

Large investors have recently bought and sold shares of the business. Activest Wealth Management grew its position in shares of T-Mobile US by 9,400.0% in the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider's stock valued at $25,000 after purchasing an additional 94 shares in the last quarter. Godsey & Gibb Inc. boosted its stake in 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. Howard Hughes Medical Institute purchased a new stake in T-Mobile US in the 2nd quarter valued at $25,000. Stone House Investment Management LLC acquired a new stake in shares of T-Mobile US in the 1st quarter worth $29,000. Finally, TCTC Holdings LLC increased its stake in shares of T-Mobile US by 208.1% in the 1st quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider's stock worth $30,000 after acquiring an additional 77 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Arete Research raised shares of T-Mobile US to a "strong-buy" rating in a research note on Tuesday, July 8th. Redburn Atlantic upgraded shares of T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 target price on the stock in a research report on Monday, July 7th. Royal Bank Of Canada boosted their target price on shares of T-Mobile US from $265.00 to $270.00 and gave the stock a "sector perform" rating in a research note on Friday, July 25th. Rothschild & Co Redburn upgraded shares of T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price target for the company in a research report on Monday, July 7th. Finally, Bank of America initiated coverage on T-Mobile US in a report on Monday, July 7th. They issued a "neutral" rating and a $255.00 price objective on the stock. Three research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $258.02.

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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