T-Mobile US, Inc. (NASDAQ:TMUS) Director Sells $30,808,098.10 in Stock

Posted by John Perry on May 9th, 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 that occurred on Monday, May 6th. The stock was sold at an average price of $162.43, for a total transaction of $30,808,098.10. Following the completion of the sale, the director now owns 676,969,021 shares in the company, valued at $109,960,078,081.03. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

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

On Friday, May 3rd, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $164.63, for a total value of $31,225,372.10.
On Wednesday, May 1st, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $165.67, for a total value of $31,422,628.90.
On Monday, April 29th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $164.15, for a total value of $31,134,330.50.
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 Wednesday, April 24th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The stock was sold at an average price of $163.61, for a total transaction of $31,031,908.70.
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 stock was 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 stock was 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 stock was sold at an average price of $160.08, for a total value of $27,326,136.24.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS opened at $162.83 on Thursday. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.94 and a quick ratio of 0.86. The stock has a market capitalization of $190.81 billion, a P/E ratio of 22.15, a P/E/G ratio of 0.64 and a beta of 0.48. The business has a 50-day moving average of $162.61 and a two-hundred day moving average of $158.34. T-Mobile US, Inc. has a fifty-two week low of $124.92 and a fifty-two week high of $168.64.

T-Mobile US (NASDAQ:TMUS – Get Free Report) last posted its earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.17. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The firm had revenue of $19.59 billion during the quarter, compared to analyst estimates of $19.81 billion. During the same period in the previous year, the company earned $1.58 EPS. The company’s revenue for the quarter was down .2% on a year-over-year basis. On average, equities research analysts predict that T-Mobile US, Inc. will post 9.01 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently announced 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. The ex-dividend date is Friday, May 31st. This represents a $2.60 annualized dividend and a yield of 1.60%. T-Mobile US’s dividend payout ratio (DPR) is presently 35.37%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Benchmark reissued a “buy” rating and issued a $200.00 price target on shares of T-Mobile US in a research report on Friday, January 26th. 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 research report on Monday, March 25th. Tigress Financial boosted their price target on shares of T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, February 8th. 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 note on Friday, April 26th. Finally, Oppenheimer reissued an “outperform” rating and set a $190.00 price objective on shares of T-Mobile US in a research 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 issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $186.33.

Read Our Latest Report on TMUS

Institutional Investors Weigh In On T-Mobile US

A number of hedge funds have recently bought and sold shares of the company. TD Asset Management Inc lifted its position in shares of T-Mobile US by 11.9% during the 1st quarter. TD Asset Management Inc now owns 2,166,396 shares of the Wireless communications provider’s stock worth $353,599,000 after purchasing an additional 231,092 shares during the last quarter. Dearborn Partners LLC bought a new position in T-Mobile US in the 1st quarter worth approximately $28,087,000. Entropy Technologies LP acquired a new position in shares of T-Mobile US during the first quarter worth approximately $1,489,000. Edmond DE Rothschild Holding S.A. boosted its position in shares of T-Mobile US by 43.3% in the first quarter. Edmond DE Rothschild Holding S.A. now owns 18,203 shares of the Wireless communications provider’s stock valued at $2,971,000 after acquiring an additional 5,504 shares during the period. Finally, Cozad Asset Management Inc. increased its position in T-Mobile US by 3.6% during the first quarter. Cozad Asset Management Inc. now owns 21,858 shares of the Wireless communications provider’s stock worth $3,568,000 after acquiring an additional 760 shares during the period. 42.49% of the stock is currently 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.