T-Mobile US (NASDAQ:TMUS) Insider Sells $979,050.00 in Stock

Key Points

• Insider sale: Michael Katz sold 5,000 T‑Mobile shares on May 1 at an average of $195.81 for proceeds of $979,050, trimming his stake by 2.67% to 181,930 shares valued at about $35.6M.
• Q1 results beat estimates: T‑Mobile reported EPS of $2.27 (vs. $2.01 expected) and revenue of $23.11B, up 10.6% year‑over‑year, with analysts forecasting roughly 10.66 EPS for the fiscal year.
• Dividend announced: The company declared a quarterly dividend of $1.02 ($4.08 annualized) implying a ~2.1% yield, payable June 11 to investors of record on May 29 (ex‑dividend May 29).

T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) insider Michael Katz sold 5,000 shares of the business's stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $195.81, for a total value of $979,050.00. Following the completion of the transaction, the insider owned 181,930 shares of the company's stock, valued at $35,623,713.30. This represents a 2.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

T-Mobile US Stock Down 0.8%

NASDAQ TMUS traded down $1.64 during trading hours on Monday, reaching $194.42. 3,228,025 shares of the company's stock were exchanged, compared to its average volume of 6,259,050. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.97 and a current ratio of 1.09. T-Mobile US, Inc. has a one year low of $181.36 and a one year high of $261.56. The company's 50-day moving average is $206.12 and its two-hundred day moving average is $205.09. The company has a market capitalization of $210.40 billion, a price-to-earnings ratio of 20.68, a price-to-earnings-growth ratio of 1.16 and a beta of 0.33.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share for the quarter, beating the consensus estimate of $2.01 by $0.26. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. The company had revenue of $23.11 billion during the quarter, compared to analysts' expectations of $22.98 billion. During the same quarter in the prior year, the company earned $2.58 earnings per share. The business's quarterly revenue was up 10.6% compared to the same quarter last year. On average, analysts forecast that T-Mobile US, Inc. will post 10.66 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 29th will be paid a $1.02 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $4.08 dividend on an annualized basis and a yield of 2.1%. T-Mobile US's dividend payout ratio is presently 43.40%.

Wall Street Analysts Forecast Growth

TMUS has been the topic of a number of research reports. Royal Bank Of Canada cut their price target on T-Mobile US from $255.00 to $240.00 and set an "outperform" rating on the stock in a report on Wednesday, April 29th. Wolfe Research reiterated an "outperform" rating and set a $255.00 price objective on shares of T-Mobile US in a report on Thursday, February 12th. UBS Group restated a "buy" rating on shares of T-Mobile US in a research note on Wednesday, April 29th. Citigroup upped their price target on T-Mobile US from $220.00 to $225.00 and gave the stock a "neutral" rating in a research report on Tuesday, March 17th. Finally, Oppenheimer raised T-Mobile US from a "market perform" rating to an "outperform" rating and set a $260.00 price target for the company in a research report on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $258.83.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Principal Financial Group Inc. grew its position in T-Mobile US by 10.0% in the first quarter. Principal Financial Group Inc. now owns 1,971,069 shares of the Wireless communications provider's stock valued at $413,984,000 after purchasing an additional 178,965 shares in the last quarter. Chicago Partners Investment Group LLC grew its position in T-Mobile US by 23.6% in the first quarter. Chicago Partners Investment Group LLC now owns 3,724 shares of the Wireless communications provider's stock valued at $782,000 after purchasing an additional 711 shares in the last quarter. Gratus Wealth Advisors LLC grew its position in T-Mobile US by 1.0% in the first quarter. Gratus Wealth Advisors LLC now owns 6,945 shares of the Wireless communications provider's stock valued at $1,459,000 after purchasing an additional 69 shares in the last quarter. Applied Finance Capital Management LLC grew its position in T-Mobile US by 26.1% in the first quarter. Applied Finance Capital Management LLC now owns 9,007 shares of the Wireless communications provider's stock valued at $1,892,000 after purchasing an additional 1,866 shares in the last quarter. Finally, LGT Fund Management Co Ltd. grew its position in T-Mobile US by 98.1% in the first quarter. LGT Fund Management Co Ltd. now owns 23,205 shares of the Wireless communications provider's stock valued at $4,874,000 after purchasing an additional 11,492 shares in the last quarter. Institutional investors own 42.49% of the company's stock.

T-Mobile US Company Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.

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