David A. Miller Sells 10,000 Shares of T-Mobile US, Inc. (NASDAQ:TMUS) Stock

T-Mobile US, Inc. (NASDAQ:TMUS) EVP David A. Miller sold 10,000 shares of the business’s stock in a transaction dated Tuesday, June 8th. The shares were sold at an average price of $144.33, for a total transaction of $1,443,300.00. Following the transaction, the executive vice president now directly owns 180,122 shares of the company’s stock, valued at $25,997,008.26. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

TMUS stock opened at $146.51 on Friday. T-Mobile US, Inc. has a 52-week low of $100.11 and a 52-week high of $148.70. The company’s 50 day moving average price is $135.86. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.96 and a quick ratio of 0.85. The firm has a market capitalization of $182.68 billion, a price-to-earnings ratio of 60.29, a P/E/G ratio of 1.25 and a beta of 0.58.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Tuesday, May 4th. The Wireless communications provider reported $0.74 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.55 by $0.19. T-Mobile US had a net margin of 3.95% and a return on equity of 7.19%. The business had revenue of $19.76 billion for the quarter, compared to analyst estimates of $18.99 billion. During the same quarter in the previous year, the business earned $1.10 earnings per share. The firm’s revenue was up 77.8% compared to the same quarter last year. Equities research analysts predict that T-Mobile US, Inc. will post 2.32 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently made changes to their positions in TMUS. Norges Bank purchased a new position in T-Mobile US during the fourth quarter valued at approximately $3,012,719,000. D1 Capital Partners L.P. purchased a new position in T-Mobile US during the first quarter valued at approximately $594,000,000. Assenagon Asset Management S.A. grew its position in T-Mobile US by 796.8% during the first quarter. Assenagon Asset Management S.A. now owns 2,279,103 shares of the Wireless communications provider’s stock valued at $285,549,000 after purchasing an additional 2,024,965 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in T-Mobile US by 24.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 9,960,073 shares of the Wireless communications provider’s stock valued at $1,247,898,000 after purchasing an additional 1,930,835 shares in the last quarter. Finally, Morgan Stanley grew its position in T-Mobile US by 62.2% during the first quarter. Morgan Stanley now owns 4,848,745 shares of the Wireless communications provider’s stock valued at $607,499,000 after purchasing an additional 1,858,726 shares in the last quarter. 38.91% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts have recently weighed in on the stock. Morgan Stanley upped their price target on shares of T-Mobile US from $143.00 to $146.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 12th. Benchmark assumed coverage on shares of T-Mobile US in a research note on Thursday, May 27th. They issued a “buy” rating and a $187.00 price target for the company. HSBC upped their price target on shares of T-Mobile US from $132.00 to $139.00 and gave the stock a “hold” rating in a research note on Monday, May 24th. Royal Bank of Canada set a $133.00 price target on shares of T-Mobile US and gave the stock a “neutral” rating in a research note on Wednesday, May 5th. Finally, Wells Fargo & Company boosted their target price on shares of T-Mobile US from $155.00 to $170.00 and gave the stock an “overweight” rating in a report on Friday, March 12th. Three analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company’s stock. T-Mobile US has an average rating of “Buy” and an average price target of $153.87.

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 102.1 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, wearables, and tablets and other mobile communication devices, as well as wireless devices and accessories.

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Insider Buying and Selling by Quarter for T-Mobile US (NASDAQ:TMUS)

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