Insider Selling: T-Mobile US, Inc. (NASDAQ:TMUS) Director Sells 132,309 Shares of Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Raul Marcelo Claure sold 132,309 shares of T-Mobile US stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $196.74, for a total value of $26,030,472.66. Following the sale, the director now directly owns 1,551,204 shares of the company’s stock, valued at $305,183,874.96. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

• On Monday, September 9th, Raul Marcelo Claure sold 1,572 shares of T-Mobile US stock. The stock was sold at an average price of $196.00, for a total value of $308,112.00.
• 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 stock was 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 stock was sold at an average price of $196.96, for a total transaction of $1,888,058.56.

T-Mobile US Trading Up 1.0 %

TMUS opened at $198.54 on Thursday. T-Mobile US, Inc. has a fifty-two week low of $135.82 and a fifty-two week high of $205.28. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.84 and a quick ratio of 0.78. The firm has a market capitalization of $231.65 billion, a price-to-earnings ratio of 27.01, a PEG ratio of 0.72 and a beta of 0.51. The company’s 50 day moving average price is $189.20 and its two-hundred day moving average price is $174.70.

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

Institutional Trading of T-Mobile US

A number of institutional investors have recently bought and sold shares of TMUS. WASHINGTON TRUST Co lifted its stake in shares of T-Mobile US by 143.1% in 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 during the period. Y.D. More Investments Ltd bought a new stake in T-Mobile US in the second quarter valued at $27,000. Summit Securities Group LLC acquired a new position in shares of T-Mobile US during the second quarter valued at about $27,000. Private Wealth Management Group LLC bought a new position in shares of T-Mobile US during the 4th quarter worth about $27,000. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of T-Mobile US in the 2nd quarter valued at about $30,000. Institutional investors own 42.49% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Barclays upped their price objective on shares of T-Mobile US from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, August 1st. Citigroup increased their price target on shares of T-Mobile US from $184.00 to $210.00 and gave the stock a “buy” rating in a research report on Friday, July 19th. Bank of America boosted 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 report on Monday, June 10th. Benchmark raised their target price on T-Mobile US from $200.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, August 1st. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on T-Mobile US from $185.00 to $200.00 and gave the stock a “buy” rating in a report on Thursday, July 18th. One analyst has rated the stock with a hold rating, sixteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, T-Mobile US currently has a consensus rating of “Buy” and an average price target of $198.63.

About T-Mobile US

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.