T-Mobile US, Inc. (NASDAQ:TMUS) Director Sells $31,031,908.70 in Stock

Posted by admin on Apr 27th, 2024

T-Mobile US, Inc. (NASDAQ:TMUS – Get Free Report) Director Telekom Ag Deutsche sold 189,670 shares of the stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $163.61, for a total transaction of $31,031,908.70. Following the completion of the sale, the director now directly owns 67,861,580 shares of the company’s stock, valued at $11,102,833,103.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

On Friday, April 26th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $163.26, for a total transaction of $30,965,524.20.
On Monday, April 22nd, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $162.58, for a total transaction of $30,836,548.60.
On Friday, April 19th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $161.87, for a total transaction of $30,701,882.90.
On Wednesday, April 17th, Telekom Ag Deutsche sold 170,703 shares of T-Mobile US stock. The shares were sold at an average price of $159.98, for a total transaction of $27,309,065.94.
On Monday, April 15th, Telekom Ag Deutsche sold 170,703 shares of T-Mobile US stock. The shares were sold at an average price of $160.24, for a total transaction of $27,353,448.72.
On Friday, April 12th, Telekom Ag Deutsche sold 170,703 shares of T-Mobile US stock. The shares were sold at an average price of $160.08, for a total transaction of $27,326,136.24.
On Wednesday, April 10th, Telekom Ag Deutsche sold 170,903 shares of T-Mobile US stock. The shares were sold at an average price of $159.95, for a total transaction of $27,335,934.85.
On Monday, April 8th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $161.20, for a total transaction of $30,574,804.00.
On Friday, April 5th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $161.41, for a total transaction of $30,614,634.70.
On Wednesday, April 3rd, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $162.49, for a total transaction of $30,819,478.30.

T-Mobile US Price Performance

Shares of NASDAQ TMUS traded down $0.09 during midday trading on Friday, reaching $163.96. 7,968,973 shares of the company traded hands, compared to its average volume of 4,564,574. The firm has a market cap of $194.60 billion, a PE ratio of 23.66, a PEG ratio of 0.68 and a beta of 0.49. The stock’s 50-day simple moving average is $162.51 and its 200-day simple moving average is $156.98. T-Mobile US, Inc. has a 12 month low of $124.92 and a 12 month high of $168.64. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.83 and a current ratio of 0.91.

T-Mobile US (NASDAQ:TMUS – Get Free Report) last issued its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.17. The company had revenue of $19.59 billion during the quarter, compared to analysts’ expectations of $19.81 billion. T-Mobile US had a return on equity of 12.69% and a net margin of 10.59%. The business’s revenue was down .2% on a year-over-year basis. During the same period last year, the business earned $1.58 earnings per share. As a group, equities analysts anticipate that T-Mobile US, Inc. will post 8.83 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be issued a dividend of $0.65 per share. The ex-dividend date is Friday, May 31st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.59%. T-Mobile US’s payout ratio is presently 37.52%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on TMUS shares. Raymond James lifted their price target on shares of T-Mobile US from $180.00 to $185.00 and gave the company a “strong-buy” rating in a research report on Friday, January 26th. TD Cowen dropped their price target on shares of T-Mobile US from $204.00 to $202.00 and set a “buy” rating on the stock in a research report on Friday. Wells Fargo & Company raised their price objective on shares of T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Monday, January 22nd. Tigress Financial raised their price objective on shares of T-Mobile US from $204.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, February 8th. Finally, Royal Bank of Canada raised their price objective on shares of T-Mobile US from $184.00 to $188.00 and gave the stock an “outperform” rating in a research note on Friday. One research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $186.33.

Get Our Latest Research Report on TMUS

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. BluePath Capital Management LLC bought a new position in shares of T-Mobile US in the third quarter valued at about $26,000. Private Wealth Management Group LLC bought a new position in shares of T-Mobile US in the fourth quarter valued at about $27,000. Valley National Advisers Inc. raised its holdings in shares of T-Mobile US by 232.1% in the fourth quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 123 shares during the last quarter. Westside Investment Management Inc. raised its holdings in shares of T-Mobile US by 75.8% in the first quarter. Westside Investment Management Inc. now owns 174 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 75 shares during the last quarter. Finally, Baker Avenue Asset Management LP raised its holdings in shares of T-Mobile US by 63.3% in the third quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock valued at $29,000 after buying an additional 81 shares during the last quarter. 42.49% of the stock is owned by institutional investors.

About T-Mobile US

(Get Free Report)

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.