T-Mobile Us Inc (NASDAQ:TMUS) COO G Michael Sievert sold 10,192 shares of the company’s stock in a transaction on Tuesday, November 6th. The shares were sold at an average price of $69.08, for a total transaction of $704,063.36. Following the sale, the chief operating officer now owns 442,046 shares of the company’s stock, valued at approximately $30,536,537.68. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
G Michael Sievert also recently made the following trade(s):
- On Wednesday, September 5th, G Michael Sievert sold 10,622 shares of T-Mobile Us stock. The shares were sold at an average price of $65.79, for a total transaction of $698,821.38.
Shares of TMUS stock opened at $68.68 on Friday. T-Mobile Us Inc has a 12-month low of $55.09 and a 12-month high of $70.94. The firm has a market capitalization of $58.34 billion, a PE ratio of 29.99, a PEG ratio of 2.28 and a beta of 0.39. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.85 and a quick ratio of 0.74.
Several hedge funds have recently made changes to their positions in the company. LPL Financial LLC acquired a new position in T-Mobile Us in the 1st quarter worth $409,000. IFM Investors Pty Ltd boosted its stake in shares of T-Mobile Us by 61.8% during the 2nd quarter. IFM Investors Pty Ltd now owns 15,164 shares of the Wireless communications provider’s stock worth $906,000 after buying an additional 5,791 shares during the last quarter. CENTRAL TRUST Co boosted its stake in shares of T-Mobile Us by 10.0% during the 2nd quarter. CENTRAL TRUST Co now owns 46,965 shares of the Wireless communications provider’s stock worth $2,807,000 after buying an additional 4,274 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt boosted its stake in shares of T-Mobile Us by 41.3% during the 2nd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 6,163 shares of the Wireless communications provider’s stock worth $368,000 after buying an additional 1,800 shares during the last quarter. Finally, State of Alaska Department of Revenue boosted its stake in shares of T-Mobile Us by 20.2% during the 2nd quarter. State of Alaska Department of Revenue now owns 61,847 shares of the Wireless communications provider’s stock worth $3,693,000 after buying an additional 10,398 shares during the last quarter. 32.64% of the stock is owned by institutional investors.
Several brokerages have commented on TMUS. Nomura reiterated a “neutral” rating and set a $68.00 target price on shares of T-Mobile Us in a research report on Thursday, August 2nd. Societe Generale reiterated a “buy” rating and set a $71.00 target price on shares of T-Mobile Us in a research report on Thursday, August 2nd. Wells Fargo & Co upped their target price on shares of T-Mobile Us from $77.00 to $82.00 and gave the company an “outperform” rating in a research report on Monday, October 29th. Guggenheim began coverage on shares of T-Mobile Us in a research report on Thursday, November 1st. They set a “buy” rating for the company. Finally, BidaskClub upgraded shares of T-Mobile Us from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, October 24th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, thirteen have assigned a buy rating and three have issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $73.13.
COPYRIGHT VIOLATION NOTICE: This news story was originally reported by WKRB News and is the sole property of of WKRB News. If you are accessing this news story on another domain, it was stolen and republished in violation of US and international trademark & copyright law. The original version of this news story can be accessed at https://www.wkrb13.com/2018/11/10/insider-selling-t-mobile-us-inc-tmus-coo-sells-704063-36-in-stock.html.
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 72.6 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers.
Featured Article: How to Invest in the Dividend Aristocrat Index
Receive News & Ratings for T-Mobile Us Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile Us and related companies with MarketBeat.com's FREE daily email newsletter.