Insider Selling: T-Mobile US (NASDAQ:TMUS) Director Sells 64,452 Shares of Stock

Key Points

• Telekom Ag Deutsche, a director at T-Mobile US, sold 64,452 shares of the company's stock for approximately $15.5 million on September 15th, reducing their ownership by 0.01%.
• T-Mobile US reported earnings per share (EPS) of $2.84 for the last quarter, surpassing analyst expectations of $2.69 and showing a 6.9% revenue increase year-over-year.
• Analysts have mixed ratings on T-Mobile US stock, with a consensus rating of "Moderate Buy" and an average target price of $258.02.

T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) Director Telekom Ag Deutsche sold 64,452 shares of the firm's stock in a transaction on Monday, September 15th. The shares were sold at an average price of $240.65, for a total value of $15,510,373.80. Following the transaction, the director owned 634,821,326 shares in the company, valued at approximately $152,769,752,101.90. This trade represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

• On Tuesday, September 16th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The shares were sold at an average price of $237.65, for a total transaction of $15,310,838.90.
• On Friday, September 12th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The stock was sold at an average price of $241.65, for a total transaction of $15,568,542.90.
• On Wednesday, September 10th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $240.08, for a total value of $16,767,187.20.
• On Monday, September 8th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was 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 stock was 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 transaction of $17,909,769.60.
• On Friday, August 29th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $251.23, for a total transaction 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 transaction of $17,554,284.00.
• On Monday, August 25th, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The shares were sold at an average price of $251.32, for a total transaction of $17,552,188.80.
• On Friday, August 22nd, Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock. The stock was sold at an average price of $254.79, for a total transaction of $17,794,533.60.

T-Mobile US Stock Performance

T-Mobile US stock traded down $0.66 during trading on Friday, hitting $238.17. The stock had a trading volume of 7,442,087 shares, compared to its average volume of 3,938,651. The stock's 50 day moving average is $243.89 and its two-hundred day moving average is $245.66. T-Mobile US, Inc. has a 1 year low of $197.46 and a 1 year high of $276.49. The stock has a market cap of $268.04 billion, a price-to-earnings ratio of 22.47, a price-to-earnings-growth ratio of 1.31 and a beta of 0.61. 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 (NASDAQ:TMUS - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.69 by $0.15. The firm had revenue of $21.13 billion for the quarter, compared to analyst estimates of $20.99 billion. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.The business's revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the company posted $2.49 earnings per share. As a group, analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 26th will be paid a $1.02 dividend. The ex-dividend date is Wednesday, November 26th. This is a positive change from T-Mobile US's previous quarterly dividend of $0.88. This represents a $4.08 annualized dividend and a dividend yield of 1.7%. T-Mobile US's dividend payout ratio is 33.21%.

Hedge Funds Weigh In On T-Mobile US

Several hedge funds and other institutional investors have recently modified their holdings of TMUS. Vanguard Group Inc. raised its holdings in T-Mobile US by 0.5% in the second quarter. Vanguard Group Inc. now owns 42,160,882 shares of the Wireless communications provider's stock worth $10,045,252,000 after purchasing an additional 215,711 shares in the last quarter. State Street Corp grew its position in T-Mobile US by 4.5% during the 2nd quarter. State Street Corp now owns 23,141,316 shares of the Wireless communications provider's stock valued at $5,513,650,000 after purchasing an additional 994,740 shares during the last quarter. Wellington Management Group LLP increased its position in shares of T-Mobile US by 1.7% during 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 acquiring an additional 214,224 shares in the last quarter. Canada Pension Plan Investment Board raised its stake 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 worth $1,837,399,000 after purchasing an additional 864,030 shares during the last quarter. Finally, Franklin Resources Inc. boosted its holdings in shares of T-Mobile US by 5.2% during the 2nd quarter. Franklin Resources Inc. now owns 6,298,934 shares of the Wireless communications provider's stock valued at $1,500,784,000 after acquiring an additional 309,922 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Rothschild & Co Redburn raised shares of T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price objective for the company in a report on Monday, July 7th. The Goldman Sachs Group assumed coverage on T-Mobile US in a research report on Tuesday, September 2nd. They set a "buy" rating and a $286.00 target price on the stock. KeyCorp reiterated an "underweight" rating and issued a $200.00 price target on shares of T-Mobile US in a research report on Wednesday, July 9th. JPMorgan Chase & Co. lifted their target price on T-Mobile US from $270.00 to $280.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. Finally, Redburn Atlantic upgraded shares of T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 price objective for the company in a research report on Monday, July 7th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price 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.