T-Mobile US, Inc. (NASDAQ:TMUS) CFO J Braxton Carter II sold 15,000 shares of T-Mobile US stock in a transaction that occurred on Tuesday, January 9th. The shares were sold at an average price of $65.96, for a total transaction of $989,400.00. Following the sale, the chief financial officer now directly owns 199,788 shares in the company, valued at approximately $13,178,016.48. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
J Braxton Carter II also recently made the following trade(s):
- On Monday, December 11th, J Braxton Carter II sold 15,000 shares of T-Mobile US stock. The shares were sold at an average price of $62.97, for a total transaction of $944,550.00.
Shares of T-Mobile US, Inc. (NASDAQ:TMUS) traded down $1.71 during midday trading on Thursday, reaching $63.89. The company’s stock had a trading volume of 3,597,000 shares, compared to its average volume of 3,288,300. The stock has a market capitalization of $53,150.00, a price-to-earnings ratio of 25.05, a price-to-earnings-growth ratio of 1.05 and a beta of 0.29. The company has a current ratio of 0.92, a quick ratio of 0.80 and a debt-to-equity ratio of 1.50. T-Mobile US, Inc. has a 52 week low of $54.60 and a 52 week high of $68.88.
T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Monday, October 23rd. The Wireless communications provider reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.17. The company had revenue of $10.02 billion for the quarter, compared to analyst estimates of $10.01 billion. T-Mobile US had a return on equity of 9.99% and a net margin of 5.55%. The firm’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.27 earnings per share. analysts predict that T-Mobile US, Inc. will post 2.41 EPS for the current fiscal year.
T-Mobile US declared that its board has approved a stock buyback program on Wednesday, December 6th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the Wireless communications provider to reacquire shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s leadership believes its stock is undervalued.
Several analysts have recently commented on the stock. KeyCorp reaffirmed a “buy” rating and set a $76.00 price target on shares of T-Mobile US in a research report on Tuesday, January 2nd. Macquarie raised shares of T-Mobile US from a “neutral” rating to an “outperform” rating in a research report on Thursday, December 14th. BidaskClub raised shares of T-Mobile US from a “sell” rating to a “hold” rating in a research report on Thursday, December 14th. Morgan Stanley lifted their price target on shares of T-Mobile US from $72.00 to $74.00 and gave the company an “overweight” rating in a research report on Wednesday, December 13th. Finally, Deutsche Bank lifted their price target on shares of T-Mobile US to $72.00 and gave the company a “buy” rating in a research report on Monday, December 11th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the company’s stock. T-Mobile US presently has an average rating of “Buy” and a consensus target price of $69.86.
Large investors have recently bought and sold shares of the business. Rational Advisors LLC acquired a new position in shares of T-Mobile US in the third quarter worth $105,000. Capital Bank & Trust Co grew its stake in shares of T-Mobile US by 3,128.6% in the third quarter. Capital Bank & Trust Co now owns 2,260 shares of the Wireless communications provider’s stock worth $139,000 after acquiring an additional 2,190 shares in the last quarter. Opera Trading Capital acquired a new position in shares of T-Mobile US in the third quarter worth $154,000. Captrust Financial Advisors acquired a new position in shares of T-Mobile US in the second quarter worth $159,000. Finally, Renaissance Group LLC acquired a new position in shares of T-Mobile US in the third quarter worth $201,000. Institutional investors and hedge funds own 34.93% of the company’s stock.
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About T-Mobile US
T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services to approximately 71 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers.
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