Insider Selling: T-Mobile US (NASDAQ:TMUS) Director Sells $7,678,201.94 in Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Telekom Ag Deutsche sold 34,721 shares of the firm’s stock in a transaction dated Thursday, October 23rd. The shares were sold at an average price of $221.14, for a total value of $7,678,201.94. Following the transaction, the director directly owned 582,186,038 shares in the company, valued at approximately $128,744,620,443.32. This represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Tuesday, October 28th, Telekom Ag Deutsche sold 53,507 shares of T-Mobile US stock. The shares were sold at an average price of $220.77, for a total transaction of $11,812,740.39.
• On Monday, October 27th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The stock was sold at an average price of $220.69, for a total transaction of $14,218,173.94.
• On Friday, October 24th, Telekom Ag Deutsche sold 856 shares of T-Mobile US stock. The shares were sold at an average price of $220.03, for a total transaction of $188,345.68.
• On Wednesday, October 22nd, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The stock was sold at an average price of $226.17, for a total transaction of $14,571,228.42.
• On Monday, October 20th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The stock was sold at an average price of $228.85, for a total transaction of $14,743,890.10.
• On Friday, October 17th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The shares were sold at an average price of $228.57, for a total transaction of $14,725,850.82.
• On Wednesday, October 15th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The stock was sold at an average price of $227.75, for a total value of $14,673,021.50.
• On Monday, October 13th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The shares were sold at an average price of $226.15, for a total value of $14,569,939.90.
• On Friday, October 10th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The shares were sold at an average price of $228.42, for a total value of $14,716,186.92.
• On Wednesday, October 8th, Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock. The stock was sold at an average price of $226.17, for a total value of $14,571,228.42.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $215.01 on Thursday. The company has a market capitalization of $240.49 billion, a P/E ratio of 20.67, a PEG ratio of 1.54 and a beta of 0.59. T-Mobile US, Inc. has a fifty-two week low of $208.39 and a fifty-two week high of $276.49. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.80 and a current ratio of 0.89. The stock has a 50 day moving average price of $236.97 and a two-hundred day moving average price of $239.72.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 EPS for the quarter, topping the consensus estimate of $2.40 by $0.01. T-Mobile US had a net margin of 13.83% and a return on equity of 19.76%. The company had revenue of $21.96 billion for the quarter, compared to the consensus estimate of $21.61 billion. During the same period in the previous year, the firm earned $2.61 earnings per share. The firm’s revenue for the quarter was up 8.9% on a year-over-year basis. Analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 26th will be paid a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 1.9%. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Wednesday, November 26th. T-Mobile US’s payout ratio is currently 33.85%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Bank of Stockton lifted its position in T-Mobile US by 1.7% during the 3rd quarter. Bank of Stockton now owns 3,868 shares of the Wireless communications provider’s stock valued at $926,000 after acquiring an additional 66 shares during the period. Sage Mountain Advisors LLC lifted its position in T-Mobile US by 9.0% during the 3rd quarter. Sage Mountain Advisors LLC now owns 4,309 shares of the Wireless communications provider’s stock valued at $1,032,000 after acquiring an additional 357 shares during the period. Inscription Capital LLC purchased a new position in T-Mobile US during the 3rd quarter valued at about $262,000. Americana Partners LLC lifted its position in T-Mobile US by 13.8% during the 3rd quarter. Americana Partners LLC now owns 7,266 shares of the Wireless communications provider’s stock valued at $1,739,000 after acquiring an additional 880 shares during the period. Finally, Root Financial Partners LLC purchased a new position in T-Mobile US during the 3rd quarter valued at about $217,000. 42.49% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft raised their target price on T-Mobile US from $280.00 to $300.00 in a research note on Thursday, October 2nd. Williams Trading set a $263.00 price objective on T-Mobile US in a research report on Friday, October 24th. Wells Fargo & Company raised T-Mobile US from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $250.00 to $260.00 in a research note on Thursday, October 16th. Rothschild Redb raised T-Mobile US to a “hold” rating in a research note on Tuesday, September 30th. Finally, Redburn Atlantic raised shares of T-Mobile US from a “strong sell” rating to a “hold” rating and set a $228.00 price objective on the stock in a research report on Monday, July 7th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $266.63.

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.