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

Key Points

• T-Mobile US Director Telekom Ag Deutsche sold 69,840 shares for approximately $17.29 million, marking a 0.01% decrease in their position.
• The company recently reported $2.84 EPS in its quarterly earnings, surpassing expectations and showing a 6.9% year-over-year revenue growth.
• T-Mobile US declared a quarterly dividend of $0.88 per share, with an annualized yield of 1.4% scheduled for payment on September 11th.

T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) Director Telekom Ag Deutsche sold 69,840 shares of the stock in a transaction on Monday, August 11th. The shares were sold at an average price of $247.58, for a total value of $17,290,987.20. Following the completion of the sale, the director directly owned 636,481,244 shares of the company's stock, valued at $157,580,026,389.52. 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 is available through this link.

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

• On Friday, August 8th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $245.19, for a total value of $17,124,069.60.
• On Wednesday, August 6th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $239.71, for a total value of $16,741,346.40.
• On Monday, August 4th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $239.24, for a total value of $16,708,521.60.
• On Friday, August 1st, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $237.29, for a total value of $16,572,333.60.
• On Wednesday, July 30th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $241.08, for a total value of $16,837,027.20.
• On Monday, July 28th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $238.61, for a total value of $16,664,522.40.
• On Friday, July 25th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $244.98, for a total value of $17,109,403.20.
• On Wednesday, July 23rd, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $232.63, for a total value of $16,246,879.20.
• On Monday, July 21st, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $232.58, for a total value of $16,243,387.20.
• On Friday, July 18th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $227.13, for a total value of $15,862,759.20.

T-Mobile US Price Performance

Shares of NASDAQ TMUS traded up $4.32 during trading hours on Friday, reaching $254.63. 3,937,040 shares of the stock traded hands, compared to its average volume of 4,341,277. The company has a market capitalization of $286.57 billion, a P/E ratio of 24.02, a price-to-earnings-growth ratio of 1.37 and a beta of 0.62. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 1.33. T-Mobile US, Inc. has a 52-week low of $192.61 and a 52-week high of $276.49. The company's 50-day simple moving average is $235.41 and its two-hundred day simple moving average is $247.02.

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

T-Mobile US Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Friday, August 29th will be given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, August 29th. T-Mobile US's dividend payout ratio is presently 33.21%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on TMUS shares. JPMorgan Chase & Co. increased their price target on T-Mobile US from $270.00 to $280.00 and gave the stock an "overweight" rating in a research note on Thursday, July 24th. Redburn Atlantic upgraded T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 target price for the company in a research note on Monday, July 7th. Arete Research upgraded T-Mobile US to a "strong-buy" rating in a research note on Tuesday, July 8th. KeyCorp restated an "underweight" rating and issued a $200.00 target price on shares of T-Mobile US in a research note on Wednesday, July 9th. Finally, Scotiabank upgraded T-Mobile US from a "sector perform" rating to a "sector outperform" rating and raised their target price for the stock from $275.00 to $277.50 in a research note on Wednesday, April 30th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating, nine have assigned a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, T-Mobile US has a consensus rating of "Moderate Buy" and a consensus target price of $256.31.

Institutional Trading of T-Mobile US

Several institutional investors have recently added to or reduced their stakes in the business. Townsquare Capital LLC increased its stake in T-Mobile US by 15.4% in the 4th quarter. Townsquare Capital LLC now owns 21,495 shares of the Wireless communications provider's stock worth $4,745,000 after purchasing an additional 2,873 shares during the period. Sagespring Wealth Partners LLC purchased a new position in T-Mobile US in the 4th quarter worth approximately $1,034,000. Savvy Advisors Inc. purchased a new position in T-Mobile US in the 4th quarter worth approximately $745,000. Mariner LLC increased its stake in T-Mobile US by 3.9% in the 4th quarter. Mariner LLC now owns 1,091,798 shares of the Wireless communications provider's stock worth $240,991,000 after purchasing an additional 40,932 shares during the period. Finally, CreativeOne Wealth LLC increased its stake in T-Mobile US by 260.0% in the 4th quarter. CreativeOne Wealth LLC now owns 9,197 shares of the Wireless communications provider's stock worth $2,030,000 after purchasing an additional 6,642 shares during the period. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

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.