T-Mobile US, Inc. (NASDAQ:TMUS) Director Sells $30,701,882.90 in Stock

Posted by Steve Reilly on Apr 26th, 2024

T-Mobile US, Inc. (NASDAQ:TMUS – Get Free Report) Director Telekom Ag Deutsche sold 189,670 shares of the business’s stock in a transaction on Friday, April 19th. The stock was sold at an average price of $161.87, for a total value of $30,701,882.90. Following the completion of the transaction, the director now directly owns 679,055,391 shares of the company’s stock, valued at $109,918,696,141.17. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

On Monday, April 22nd, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $162.58, for a total value of $30,836,548.60.
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 value 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 value 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 value 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 value 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 value 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 value 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 value of $30,819,478.30.
On Monday, April 1st, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $162.39, for a total value of $30,800,511.30.
On Wednesday, March 27th, 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 value of $30,701,882.90.

T-Mobile US Stock Down 0.1 %

Shares of T-Mobile US stock opened at $164.05 on Friday. T-Mobile US, Inc. has a twelve month low of $124.92 and a twelve month high of $168.64. The stock has a market capitalization of $194.71 billion, a price-to-earnings ratio of 23.67, a PEG ratio of 0.66 and a beta of 0.49. The business’s 50 day simple moving average is $162.44 and its 200-day simple moving average is $156.81. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.18.

T-Mobile US (NASDAQ:TMUS – Get Free Report) last issued its quarterly earnings data on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.23). T-Mobile US had a return on equity of 12.69% and a net margin of 10.59%. The business had revenue of $20.48 billion during the quarter, compared to the consensus estimate of $19.67 billion. During the same period last year, the company earned $1.18 earnings per share. The business’s quarterly revenue was up 1.0% compared to the same quarter last year. Equities research analysts forecast that T-Mobile US, Inc. will post 8.95 earnings per share for the current year.

T-Mobile US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Friday, May 31st will be issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date is Friday, May 31st. T-Mobile US’s dividend payout ratio (DPR) is 37.52%.

Wall Street Analysts Forecast Growth

TMUS has been the subject of a number of research reports. Morgan Stanley boosted their price target on T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research report on Monday, January 29th. Oppenheimer reaffirmed an “outperform” rating and issued a $190.00 target price on shares of T-Mobile US in a research report on Wednesday, April 3rd. KeyCorp cut their price objective on T-Mobile US from $183.00 to $175.00 and set an “overweight” rating on the stock in a research note on Friday, January 26th. Raymond James upped their price objective on T-Mobile US from $180.00 to $185.00 and gave the company a “strong-buy” rating in a research note on Friday, January 26th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $184.00 price objective on shares of T-Mobile US in a research note on Wednesday, March 20th. One investment analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, T-Mobile US currently has a consensus rating of “Buy” and a consensus target price of $185.93.

Read Our Latest Report on TMUS

Hedge Funds Weigh In On T-Mobile US

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TMUS. BluePath Capital Management LLC bought a new position in T-Mobile US in the 3rd quarter worth approximately $26,000. Private Wealth Management Group LLC bought a new position in T-Mobile US during the 4th quarter valued at $27,000. Valley National Advisers Inc. boosted its stake in T-Mobile US by 232.1% during the 4th quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock valued at $28,000 after purchasing an additional 123 shares in the last quarter. Westside Investment Management Inc. boosted its stake in T-Mobile US by 75.8% during the 1st quarter. Westside Investment Management Inc. now owns 174 shares of the Wireless communications provider’s stock valued at $28,000 after purchasing an additional 75 shares in the last quarter. Finally, Baker Avenue Asset Management LP boosted its stake in T-Mobile US by 63.3% during the 3rd quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock valued at $29,000 after purchasing an additional 81 shares in the last quarter. 42.49% of the stock is owned by institutional investors.

T-Mobile US Company Profile

(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.