T-Mobile US, Inc. (NASDAQ:TMUS) EVP David A. Miller sold 10,000 shares of the stock in a transaction dated Tuesday, June 8th. The stock was sold at an average price of $144.33, for a total transaction of $1,443,300.00. Following the transaction, the executive vice president now directly owns 180,122 shares of the company's stock, valued at $25,997,008.26. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
NASDAQ TMUS traded down $0.76 during mid-day trading on Thursday, reaching $146.51. 3,548,774 shares of the stock were exchanged, compared to its average volume of 4,626,508. T-Mobile US, Inc. has a 1-year low of $100.11 and a 1-year high of $148.70. The firm's fifty day simple moving average is $135.49. The firm has a market capitalization of $182.68 billion, a PE ratio of 60.41, a PEG ratio of 1.25 and a beta of 0.58. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.96 and a quick ratio of 0.85.
T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Tuesday, May 4th. The Wireless communications provider reported $0.74 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.55 by $0.19. The company had revenue of $19.76 billion for the quarter, compared to the consensus estimate of $18.99 billion. T-Mobile US had a net margin of 3.95% and a return on equity of 7.19%. T-Mobile US's revenue was up 77.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.10 earnings per share. On average, analysts forecast that T-Mobile US, Inc. will post 2.32 EPS for the current fiscal year.
Several research firms recently issued reports on TMUS. Wells Fargo & Company increased their price target on shares of T-Mobile US from $155.00 to $170.00 and gave the stock an "overweight" rating in a report on Friday, March 12th. Royal Bank of Canada set a $133.00 target price on shares of T-Mobile US and gave the stock a "neutral" rating in a research report on Wednesday, May 5th. Morgan Stanley upped their target price on shares of T-Mobile US from $143.00 to $146.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 12th. Oppenheimer upped their target price on shares of T-Mobile US from $160.00 to $190.00 and gave the stock an "outperform" rating in a research report on Friday, March 12th. Finally, Benchmark started coverage on shares of T-Mobile US in a research report on Thursday, May 27th. They set a "buy" rating and a $187.00 target price on the stock. Three research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. The stock currently has an average rating of "Buy" and an average price target of $153.87.
Large investors have recently bought and sold shares of the business. Credit Agricole S A raised its stake in T-Mobile US by 4,000.0% during the fourth quarter. Credit Agricole S A now owns 205 shares of the Wireless communications provider's stock worth $28,000 after purchasing an additional 200 shares during the period. TCI Wealth Advisors Inc. raised its stake in T-Mobile US by 132.0% during the first quarter. TCI Wealth Advisors Inc. now owns 239 shares of the Wireless communications provider's stock worth $30,000 after purchasing an additional 136 shares during the period. Assetmark Inc. raised its stake in T-Mobile US by 135.8% during the fourth quarter. Assetmark Inc. now owns 257 shares of the Wireless communications provider's stock worth $35,000 after purchasing an additional 148 shares during the period. First Bank & Trust purchased a new position in T-Mobile US during the first quarter worth approximately $36,000. Finally, Atwood & Palmer Inc. raised its stake in T-Mobile US by 48.5% during the first quarter. Atwood & Palmer Inc. now owns 306 shares of the Wireless communications provider's stock worth $38,000 after purchasing an additional 100 shares during the period. 38.91% of the stock is currently owned by institutional investors.
About T-Mobile US
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 102.1 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, wearables, and tablets and other mobile communication devices, as well as wireless devices and accessories.
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