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 T-Mobile US stock in a transaction that occurred on Monday, July 21st. The shares were sold at an average price of $232.58, for a total transaction of $16,243,387.20. Following the completion of the transaction, the director owned 646,962,444 shares of the company's stock, valued at $150,470,525,225.52. This represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

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

• 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 transaction of $15,862,759.20.
• On Wednesday, July 16th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $228.28, for a total transaction of $15,943,075.20.
• On Monday, July 14th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $228.34, for a total transaction of $15,947,265.60.
• On Monday, July 14th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $228.34, for a total transaction of $15,947,265.60.
• On Wednesday, July 9th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $232.27, for a total transaction of $16,221,736.80.
• On Friday, July 11th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $227.55, for a total transaction of $15,892,092.00.
• On Thursday, July 10th, Telekom Ag Deutsche sold 69,390 shares of T-Mobile US stock. The shares were sold at an average price of $228.54, for a total transaction of $15,858,390.60.
• On Monday, July 7th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $238.08, for a total transaction of $16,627,507.20.
• On Wednesday, July 2nd, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $237.89, for a total transaction of $16,614,237.60.
• On Monday, June 30th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $237.61, for a total transaction of $16,594,682.40.

T-Mobile US Stock Down 0.3%

TMUS traded down $0.60 during trading on Wednesday, hitting $232.65. The stock had a trading volume of 2,611,496 shares, compared to its average volume of 4,094,962. The company has a market capitalization of $264.16 billion, a PE ratio of 22.71, a PEG ratio of 1.29 and a beta of 0.62. 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 1.35, a quick ratio of 1.08 and a current ratio of 1.16. The stock has a 50 day simple moving average of $235.29 and a two-hundred day simple moving average of $244.04.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, beating the consensus estimate of $2.48 by $0.10. T-Mobile US had a net margin of 14.41% and a return on equity of 19.09%. The company had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.67 billion. During the same period last year, the firm earned $2.00 earnings per share. T-Mobile US's revenue was up 6.6% compared to the same quarter last year. On average, research analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Friday, August 29th will be paid a dividend of $0.88 per share. The ex-dividend date is Friday, August 29th. This represents a $3.52 annualized dividend and a dividend yield of 1.51%. T-Mobile US's payout ratio is currently 34.34%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Wellington Management Group LLP increased its holdings in T-Mobile US by 1.7% in the first quarter. Wellington Management Group LLP now owns 12,846,939 shares of the Wireless communications provider's stock valued at $3,426,407,000 after buying an additional 214,224 shares in the last quarter. Geode Capital Management LLC grew its position in shares of T-Mobile US by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 11,857,917 shares of the Wireless communications provider's stock valued at $2,610,542,000 after purchasing an additional 90,755 shares during the period. Invesco Ltd. grew its position in shares of T-Mobile US by 4.6% in the fourth quarter. Invesco Ltd. now owns 8,809,417 shares of the Wireless communications provider's stock valued at $1,944,503,000 after purchasing an additional 384,956 shares during the period. Norges Bank acquired a new stake in shares of T-Mobile US in the fourth quarter valued at about $1,802,393,000. Finally, Canada Pension Plan Investment Board grew its position in shares of T-Mobile US by 14.3% in the first quarter. Canada Pension Plan Investment Board now owns 6,889,126 shares of the Wireless communications provider's stock valued at $1,837,399,000 after purchasing an additional 864,030 shares during the period. Hedge funds and other institutional investors own 42.49% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on TMUS shares. KeyCorp restated an "underweight" rating and set a $200.00 target price on shares of T-Mobile US in a research report on Wednesday, July 9th. Morgan Stanley upped their target price on shares of T-Mobile US from $265.00 to $280.00 and gave the company an "overweight" rating in a research report on Wednesday, July 16th. 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. Rothschild & Co Redburn raised shares of T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price objective on the stock in a research report on Monday, July 7th. Finally, Tigress Financial increased their price objective on shares of T-Mobile US from $290.00 to $305.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, nine have issued a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $255.12.

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.