Wealthstar Advisors LLC Has $900,000 Holdings in Millicom International Cellular SA $TIGO

Posted by Stanley Muller on Jul 4th, 2026

Wealthstar Advisors LLC decreased its holdings in shares of Millicom International Cellular SA (NASDAQ:TIGO – Free Report) by 62.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,011 shares of the technology company’s stock after selling 20,382 shares during the quarter. Wealthstar Advisors LLC’s holdings in Millicom International Cellular were worth $900,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Allworth Financial LP boosted its stake in Millicom International Cellular by 1,129.7% in the fourth quarter. Allworth Financial LP now owns 455 shares of the technology company’s stock valued at $25,000 after acquiring an additional 418 shares during the last quarter. Altshuler Shaham Ltd acquired a new stake in Millicom International Cellular during the 4th quarter worth $26,000. Blue Trust Inc. raised its position in shares of Millicom International Cellular by 736.2% during the 4th quarter. Blue Trust Inc. now owns 485 shares of the technology company’s stock valued at $27,000 after acquiring an additional 427 shares during the last quarter. Spire Wealth Management bought a new stake in shares of Millicom International Cellular during the 4th quarter valued at $29,000. Finally, GAMMA Investing LLC lifted its stake in shares of Millicom International Cellular by 140.8% in the 4th quarter. GAMMA Investing LLC now owns 573 shares of the technology company’s stock valued at $32,000 after purchasing an additional 335 shares during the period.

Millicom International Cellular Stock Performance

Shares of NASDAQ TIGO opened at $93.76 on Friday. The company’s fifty day moving average is $85.67 and its 200-day moving average is $73.19. The stock has a market cap of $15.85 billion, a price-to-earnings ratio of 12.74 and a beta of 0.92. Millicom International Cellular SA has a twelve month low of $36.59 and a twelve month high of $95.38. The company has a quick ratio of 0.60, a current ratio of 0.62 and a debt-to-equity ratio of 2.33.

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 analysts’ consensus estimates of $0.89 by $0.08. The business had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.99 billion. Millicom International Cellular had a net margin of 19.16% and a return on equity of 16.38%. Equities research analysts predict that Millicom International Cellular SA will post 1.78 EPS for the current year.

Insider Transactions at Millicom International Cellular

In other Millicom International Cellular news, insider Salvador Escalon sold 49,288 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $88.51, for a total value of $4,362,480.88. Following the completion of the transaction, the insider directly owned 165,344 shares of the company’s stock, valued at approximately $14,634,597.44. The trade was a 22.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.52% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on TIGO. HSBC upgraded Millicom International Cellular from a “hold” rating to a “buy” rating and set a $89.00 price target on the stock in a research report on Friday, March 6th. Weiss Ratings raised Millicom International Cellular from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Wednesday, May 13th. Scotiabank raised their target price on Millicom International Cellular from $51.20 to $52.40 and gave the stock a “sector underperform” rating in a report on Wednesday, May 27th. UBS Group lowered Millicom International Cellular from a “buy” rating to a “neutral” rating and set a $90.00 target price for the company. in a research report on Tuesday, May 26th. Finally, Wall Street Zen cut Millicom International Cellular from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. One equities research 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 issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $77.28.

Check Out Our Latest Research Report on TIGO

About Millicom International Cellular

(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.