Rep. Josh Gottheimer Sells Shares of PT Telekomunikasi Indonesia, Tbk (NYSE:TLK)

Posted by Stanley Muller on Nov 7th, 2026

Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of PT Telekomunikasi Indonesia, Tbk (NYSE:TLK). In a filing disclosed on November 5th, the Representative disclosed that they had sold between $1,001 and $15,000 in PT Telekomunikasi Indonesia, Tbk stock on October 15th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 10/26/2026.
Purchased $1,001 – $15,000 in shares of Benchmark Electronics (NYSE:BHE) on 10/12/2026.
Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 9/25/2026.
Sold $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 9/15/2026.

PT Telekomunikasi Indonesia, Tbk Trading Up 1.6%

NYSE:TLK opened at $11.12 on Friday. The stock’s fifty day moving average price is $13.00 and its two-hundred day moving average price is $16.16. The company has a market cap of $11.02 billion, a P/E ratio of 11.59, a P/E/G ratio of 0.71 and a beta of 0.41. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.81 and a quick ratio of 0.78. PT Telekomunikasi Indonesia, Tbk has a 1 year low of $10.15 and a 1 year high of $23.51.

PT Telekomunikasi Indonesia, Tbk (NYSE:TLK – Get Free Report) last posted its quarterly earnings results on Friday, October 30th. The utilities provider reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.11). The company had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.10 billion. PT Telekomunikasi Indonesia, Tbk had a return on equity of 10.91% and a net margin of 10.88%. As a group, analysts expect that PT Telekomunikasi Indonesia, Tbk will post 1.67 EPS for the current year.

Hedge Funds Weigh In On PT Telekomunikasi Indonesia, Tbk

Several hedge funds have recently made changes to their positions in the business. Lazard Asset Management LLC lifted its position in PT Telekomunikasi Indonesia, Tbk by 23.4% in the first quarter. Lazard Asset Management LLC now owns 25,129,891 shares of the utilities provider’s stock worth $469,426,000 after buying an additional 4,770,126 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of PT Telekomunikasi Indonesia, Tbk by 2.9% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 2,705,356 shares of the utilities provider’s stock worth $33,601,000 after purchasing an additional 77,314 shares during the period. Northcape Capital Pty Ltd boosted its holdings in PT Telekomunikasi Indonesia, Tbk by 4.5% in the second quarter. Northcape Capital Pty Ltd now owns 1,125,872 shares of the utilities provider’s stock worth $15,120,000 after purchasing an additional 48,584 shares during the period. Dimensional Fund Advisors LP boosted its holdings in PT Telekomunikasi Indonesia, Tbk by 0.4% during the first quarter. Dimensional Fund Advisors LP now owns 693,271 shares of the utilities provider’s stock worth $12,932,000 after buying an additional 2,524 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of PT Telekomunikasi Indonesia, Tbk by 11.7% in the first quarter. Bank of America Corp DE now owns 565,985 shares of the utilities provider’s stock worth $10,573,000 after buying an additional 59,123 shares during the last quarter.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TLK. Weiss Ratings restated a “sell (d)” rating on shares of PT Telekomunikasi Indonesia, Tbk in a research report on Thursday, October 29th. Wall Street Zen lowered shares of PT Telekomunikasi Indonesia, Tbk from a “buy” rating to a “hold” rating in a research note on Saturday, October 17th. Finally, Zacks Research upgraded shares of PT Telekomunikasi Indonesia, Tbk from a “strong sell” rating to a “hold” rating in a report on Thursday, October 8th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce”.

View Our Latest Research Report on PT Telekomunikasi Indonesia, Tbk

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About PT Telekomunikasi Indonesia, Tbk

(Get Free Report)

PT Telekomunikasi Indonesia, Tbk, commonly known as Telkom Indonesia, is Indonesia’s state-controlled telecommunications and digital services company. Through its subsidiaries and business units, the company provides fixed-line voice services, broadband internet, mobile communications, network connectivity, and information and communications technology solutions.

Telkom’s consumer offerings include fixed broadband and digital services marketed under the IndiHome brand, while its mobile business is conducted primarily through Telkomsel, one of Indonesia’s major wireless operators.