Insider Selling: T-Mobile US, Inc. (NASDAQ:TMUS) Director Sells 189,670 Shares of Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock in a transaction on Monday, April 22nd. The stock was sold at an average price of $162.58, for a total transaction of $30,836,548.60. Following the sale, the director now owns 678,865,721 shares of the company’s stock, valued at $110,369,988,920.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• 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 stock was 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 stock was 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.
• On Monday, April 1st, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $162.39, for a total transaction of $30,800,511.30.
• On Wednesday, March 27th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $161.87, for a total transaction of $30,701,882.90.

T-Mobile US Stock Up 0.5 %

Shares of NASDAQ TMUS traded up $0.89 during mid-day trading on Tuesday, reaching $163.25. The company had a trading volume of 4,164,875 shares, compared to its average volume of 4,502,956. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.18. The firm has a 50 day simple moving average of $162.33 and a two-hundred day simple moving average of $156.71. The stock has a market cap of $193.76 billion, a P/E ratio of 23.56, a PEG ratio of 0.66 and a beta of 0.49. T-Mobile US, Inc. has a 52-week low of $124.92 and a 52-week high of $168.64.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 EPS for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.23). T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. The company had revenue of $20.48 billion during the quarter, compared to analysts’ expectations of $19.67 billion. During the same period last year, the business earned $1.18 earnings per share. The company’s quarterly revenue was up 1.0% on a year-over-year basis. Sell-side analysts predict 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. Shareholders of record on Friday, May 31st will be given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 1.59%. The ex-dividend date is Friday, May 31st. T-Mobile US’s payout ratio is currently 37.52%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. lifted its stake in shares of T-Mobile US by 299.3% in the 3rd quarter. Geneos Wealth Management Inc. now owns 567 shares of the Wireless communications provider’s stock worth $79,000 after acquiring an additional 425 shares during the period. Global Retirement Partners LLC lifted its stake in shares of T-Mobile US by 15.6% in the 3rd quarter. Global Retirement Partners LLC now owns 3,043 shares of the Wireless communications provider’s stock worth $420,000 after acquiring an additional 410 shares during the period. RFG Advisory LLC lifted its stake in shares of T-Mobile US by 1.2% in the 3rd quarter. RFG Advisory LLC now owns 6,360 shares of the Wireless communications provider’s stock worth $891,000 after acquiring an additional 77 shares during the period. Montecito Bank & Trust lifted its stake in shares of T-Mobile US by 57.9% in the 3rd quarter. Montecito Bank & Trust now owns 3,133 shares of the Wireless communications provider’s stock worth $439,000 after acquiring an additional 1,149 shares during the period. Finally, Park Place Capital Corp lifted its stake in shares of T-Mobile US by 19.3% in the third quarter. Park Place Capital Corp now owns 5,536 shares of the Wireless communications provider’s stock valued at $775,000 after purchasing an additional 895 shares during the period. 42.49% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Wells Fargo & Company increased their target price on shares of T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Monday, January 22nd. Citigroup increased their target price on shares of T-Mobile US from $176.00 to $184.00 and gave the stock a “buy” rating in a report on Monday, March 25th. KeyCorp reduced their target price on shares of T-Mobile US from $183.00 to $175.00 and set an “overweight” rating on the stock in a report on Friday, January 26th. Morgan Stanley increased their target price on shares of T-Mobile US from $180.00 to $186.00 and gave the stock an “overweight” rating in a report on Monday, January 29th. Finally, Oppenheimer reiterated an “outperform” rating and set a $190.00 target price on shares of T-Mobile US in a report on Wednesday, April 3rd. One equities 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, T-Mobile US currently has an average rating of “Buy” and an average target price of $185.93.

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.