T-Mobile US, Inc. (NASDAQ:TMUS) Director Raul Marcelo Claure Sells 1,572 Shares

T-Mobile US, Inc. (NASDAQ:TMUS) Director Raul Marcelo Claure sold 1,572 shares of the company’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $196.00, for a total transaction of $308,112.00. Following the completion of the sale, the director now directly owns 1,824,632 shares in the company, valued at approximately $357,627,872. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Raul Marcelo Claure also recently made the following trade(s):

• On Wednesday, September 11th, Raul Marcelo Claure sold 132,309 shares of T-Mobile US stock. The shares were sold at an average price of $196.74, for a total transaction of $26,030,472.66.
• On Monday, August 26th, Raul Marcelo Claure sold 2,706 shares of T-Mobile US stock. The shares were sold at an average price of $200.11, for a total transaction of $541,497.66.
• On Friday, August 23rd, Raul Marcelo Claure sold 111,882 shares of T-Mobile US stock. The shares were sold at an average price of $197.84, for a total transaction of $22,134,734.88.
• On Tuesday, August 20th, Raul Marcelo Claure sold 9,586 shares of T-Mobile US stock. The shares were sold at an average price of $196.96, for a total transaction of $1,888,058.56.

T-Mobile US Price Performance

T-Mobile US stock opened at $198.54 on Thursday. T-Mobile US, Inc. has a 52-week low of $135.82 and a 52-week high of $205.28. The firm has a fifty day moving average of $189.20 and a 200-day moving average of $174.70. The firm has a market capitalization of $231.65 billion, a P/E ratio of 27.01, a PEG ratio of 0.72 and a beta of 0.51. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 1.22.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Wednesday, July 31st. The Wireless communications provider reported $2.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.27 by $0.22. T-Mobile US had a net margin of 11.95% and a return on equity of 14.88%. The company had revenue of $19.77 billion during the quarter, compared to analyst estimates of $19.61 billion. During the same quarter in the prior year, the business earned $1.86 earnings per share. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. As a group, analysts predict that T-Mobile US, Inc. will post 9.18 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on TMUS. Evercore ISI raised shares of T-Mobile US to a “hold” rating in a report on Thursday, August 1st. Bank of America upped their price objective on shares of T-Mobile US from $175.00 to $195.00 and gave the company a “buy” rating in a research note on Monday, June 10th. Benchmark upped their price objective on shares of T-Mobile US from $200.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, August 1st. Tigress Financial upped their price objective on shares of T-Mobile US from $205.00 to $235.00 and gave the company a “buy” rating in a research note on Monday, August 12th. Finally, Barclays upped their price objective on shares of T-Mobile US from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, August 1st. One investment analyst has rated the stock with a hold rating, sixteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $198.63.

Institutional Investors Weigh In On T-Mobile US

Large investors have recently added to or reduced their stakes in the company. WASHINGTON TRUST Co grew its holdings in T-Mobile US by 143.1% during the 2nd quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 83 shares in the last quarter. Private Wealth Management Group LLC acquired a new stake in T-Mobile US during the 4th quarter valued at $27,000. Summit Securities Group LLC acquired a new stake in T-Mobile US during the 2nd quarter valued at $27,000. Y.D. More Investments Ltd acquired a new stake in T-Mobile US during the 2nd quarter valued at $27,000. Finally, Westside Investment Management Inc. grew its holdings 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. 42.49% of the stock is owned by institutional investors and hedge funds.

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.