Insider Selling: T-Mobile US, Inc. (NASDAQ:TMUS) Director Sells $23,102,099.10 in Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Telekom Ag Deutsche sold 133,461 shares of the company’s stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $173.10, for a total value of $23,102,099.10. Following the completion of the sale, the director now directly owns 671,752,404 shares of the company’s stock, valued at approximately $116,280,341,132.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Monday, June 10th, Telekom Ag Deutsche sold 227,604 shares of T-Mobile US stock. The stock was sold at an average price of $180.75, for a total value of $41,139,423.00.
• On Friday, June 7th, Telekom Ag Deutsche sold 227,604 shares of T-Mobile US stock. The shares were sold at an average price of $180.00, for a total value of $40,968,720.00.
• On Wednesday, June 5th, Telekom Ag Deutsche sold 227,604 shares of T-Mobile US stock. The shares were sold at an average price of $179.96, for a total value of $40,959,615.84.
• On Monday, June 3rd, Telekom Ag Deutsche sold 227,604 shares of T-Mobile US stock. The shares were sold at an average price of $172.65, for a total value of $39,295,830.60.
• On Thursday, May 30th, Telekom Ag Deutsche sold 208,637 shares of T-Mobile US stock. The shares were sold at an average price of $170.24, for a total value of $35,518,362.88.
• On Friday, May 24th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $165.66, for a total value of $31,420,732.20.
• On Tuesday, May 28th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $167.13, for a total value of $31,699,547.10.
• On Wednesday, May 22nd, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $165.06, for a total value of $31,306,930.20.
• On Monday, May 20th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $163.98, for a total value of $31,102,086.60.
• On Friday, May 17th, Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock. The shares were sold at an average price of $163.64, for a total value of $31,037,598.80.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $175.99 on Friday. T-Mobile US, Inc. has a 12-month low of $129.60 and a 12-month high of $182.67. The firm has a market capitalization of $206.23 billion, a price-to-earnings ratio of 23.94, a price-to-earnings-growth ratio of 0.68 and a beta of 0.50. The business has a 50 day simple moving average of $166.54 and a 200 day simple moving average of $162.93. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.94 and a quick ratio of 0.86.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results 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 firm had revenue of $19.59 billion during the quarter, compared to analyst estimates of $19.81 billion. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The firm’s quarterly revenue was down .2% on a year-over-year basis. During the same period last year, the company posted $1.58 EPS. On average, equities research analysts anticipate that T-Mobile US, Inc. will post 9.02 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Friday, August 30th will be paid a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 1.48%. T-Mobile US’s payout ratio is currently 35.37%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on TMUS. StockNews.com upgraded T-Mobile US from a “hold” rating to a “buy” rating in a research note on Thursday. KeyCorp increased their price target on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Friday, April 26th. Royal Bank of Canada increased their price target on T-Mobile US from $184.00 to $188.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. TD Cowen dropped their price target on T-Mobile US from $204.00 to $202.00 and set a “buy” rating on the stock in a research report on Friday, April 26th. Finally, Benchmark reiterated a “buy” rating and set a $200.00 price target on shares of T-Mobile US in a research report on Wednesday, May 29th. Fourteen investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $190.36.

Hedge Funds Weigh In On T-Mobile US

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Private Wealth Management Group LLC bought a new position in T-Mobile US during the 4th quarter valued at $27,000. Westside Investment Management Inc. boosted its stake in shares of 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 worth $28,000 after acquiring an additional 75 shares in the last quarter. Valley National Advisers Inc. boosted its stake in shares of 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 worth $28,000 after acquiring an additional 123 shares in the last quarter. Baker Avenue Asset Management LP boosted its stake in shares of 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 worth $29,000 after acquiring an additional 81 shares in the last quarter. Finally, Bay Harbor Wealth Management LLC bought a new stake in shares of T-Mobile US during the 4th quarter worth $34,000. 42.49% of the stock is owned by institutional investors.

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.