8,850 Shares in Millicom International Cellular SA $TIGO Acquired by Truvestments Capital LLC

Posted by Brenda Bartman on Jun 16th, 2026

Truvestments Capital LLC acquired a new position in Millicom International Cellular SA (NASDAQ:TIGO – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 8,850 shares of the technology company’s stock, valued at approximately $491,000.

Several other large investors have also recently bought and sold shares of the stock. Vanguard Personalized Indexing Management LLC raised its stake in Millicom International Cellular by 4.1% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 35,393 shares of the technology company’s stock valued at $1,962,000 after purchasing an additional 1,383 shares during the last quarter. Seven Mile Advisory bought a new stake in shares of Millicom International Cellular in the 4th quarter worth about $226,000. MML Investors Services LLC grew its holdings in shares of Millicom International Cellular by 5.3% in the 4th quarter. MML Investors Services LLC now owns 16,839 shares of the technology company’s stock worth $934,000 after purchasing an additional 842 shares during the last quarter. Mariner LLC grew its holdings in shares of Millicom International Cellular by 11.5% in the 4th quarter. Mariner LLC now owns 38,345 shares of the technology company’s stock worth $2,126,000 after purchasing an additional 3,969 shares during the last quarter. Finally, Atlas Capital Advisors Inc. bought a new stake in shares of Millicom International Cellular in the 4th quarter worth about $733,000.

Insider Activity at Millicom International Cellular

In related news, insider Salvador Escalon sold 49,288 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $88.51, for a total value of $4,362,480.88. Following the transaction, the insider directly owned 165,344 shares in the company, valued at approximately $14,634,597.44. This represents a 22.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Millicom International Cellular Price Performance

NASDAQ:TIGO opened at $89.45 on Tuesday. Millicom International Cellular SA has a one year low of $35.62 and a one year high of $94.73. The company has a market cap of $15.12 billion, a P/E ratio of 12.15 and a beta of 0.91. The firm’s fifty day moving average price is $83.63 and its two-hundred day moving average price is $69.69. The company has a debt-to-equity ratio of 2.33, a current ratio of 0.62 and a quick ratio of 0.60.

Millicom International Cellular (NASDAQ:TIGO – Get Free Report) last released its quarterly earnings data on Tuesday, May 12th. The technology company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.89 by $0.08. Millicom International Cellular had a net margin of 19.16% and a return on equity of 16.38%. The firm had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.99 billion. Equities analysts expect that Millicom International Cellular SA will post 1.78 earnings per share for the current year.

Millicom International Cellular Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 15th. Investors of record on Thursday, April 8th will be paid a $0.75 dividend. The ex-dividend date is Thursday, April 8th. This represents a $3.00 annualized dividend and a dividend yield of 3.4%. Millicom International Cellular’s dividend payout ratio is 40.76%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Scotiabank upped their price target on shares of Millicom International Cellular from $51.20 to $52.40 and gave the stock a “sector underperform” rating in a research report on Wednesday, May 27th. Wall Street Zen downgraded Millicom International Cellular from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. UBS Group downgraded shares of Millicom International Cellular from a “buy” rating to a “neutral” rating and set a $90.00 price target on the stock. in a research report on Tuesday, May 26th. Zacks Research upgraded shares of Millicom International Cellular from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. Finally, HSBC upgraded Millicom International Cellular from a “hold” rating to a “buy” rating and set a $89.00 target price for the company in a report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $77.28.

Check Out Our Latest Report on TIGO

Millicom International Cellular Profile

(Free Report)

Millicom International Cellular SA, trading under the TIGO brand, is a Luxembourg‐headquartered telecommunications and media company that provides a range of mobile, cable broadband, digital television and enterprise services. Through its integrated infrastructure, the company delivers voice and data connectivity, high‐speed internet access and pay‐television packages to millions of customers, supported by ongoing investments in network coverage and capacity.

Established in 1990 by Swedish investor Jan Stenbeck, Millicom has grown into a multi‐regional operator focused primarily on Central and South America.