Insider Selling: T-Mobile US, Inc. (NASDAQ:TMUS) Director Sells 132,309 Shares of Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Raul Marcelo Claure sold 132,309 shares of the company’s stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $196.74, for a total transaction of $26,030,472.66. Following the completion of the transaction, the director now owns 1,551,204 shares in the company, valued at approximately $305,183,874.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Raul Marcelo Claure also recently made the following trade(s):

• On Monday, September 9th, Raul Marcelo Claure sold 1,572 shares of T-Mobile US stock. The stock was sold at an average price of $196.00, for a total transaction of $308,112.00.
• On Monday, August 26th, Raul Marcelo Claure sold 2,706 shares of T-Mobile US stock. The stock was sold at an average price of $200.11, for a total transaction of $541,497.66.
• On Friday, August 23rd, Raul Marcelo Claure sold 111,882 shares of T-Mobile US stock. The shares were sold at an average price of $197.84, for a total transaction of $22,134,734.88.
• On Tuesday, August 20th, Raul Marcelo Claure sold 9,586 shares of T-Mobile US stock. The shares were sold at an average price of $196.96, for a total transaction of $1,888,058.56.

T-Mobile US Price Performance

Shares of TMUS traded up $2.04 during mid-day trading on Wednesday, reaching $198.54. The stock had a trading volume of 4,035,241 shares, compared to its average volume of 4,609,586. The firm has a market cap of $231.65 billion, a price-to-earnings ratio of 27.01, a PEG ratio of 0.72 and a beta of 0.51. T-Mobile US, Inc. has a 12 month low of $135.82 and a 12 month high of $205.28. The business has a fifty day moving average of $189.20 and a 200 day moving average of $174.70. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.78 and a current ratio of 0.84.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 earnings per share for the quarter, topping analysts’ consensus estimates of $2.27 by $0.22. The business had revenue of $19.77 billion during the quarter, compared to analyst estimates of $19.61 billion. T-Mobile US had a net margin of 11.95% and a return on equity of 14.88%. The company’s revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.86 earnings per share. Equities analysts predict that T-Mobile US, Inc. will post 9.18 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Friday, August 30th will be given a dividend of $0.65 per share. The ex-dividend date is Friday, August 30th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.31%. T-Mobile US’s dividend payout ratio is 35.37%.

Hedge Funds Weigh In On T-Mobile US

A number of hedge funds and other institutional investors have recently modified their holdings of TMUS. Aveo Capital Partners LLC boosted its position in shares of T-Mobile US by 6.5% during the fourth quarter. Aveo Capital Partners LLC now owns 2,250 shares of the Wireless communications provider’s stock worth $361,000 after acquiring an additional 137 shares during the last quarter. Cary Street Partners Investment Advisory LLC boosted its position in shares of T-Mobile US by 595.1% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 2,287 shares of the Wireless communications provider’s stock worth $367,000 after acquiring an additional 1,958 shares during the last quarter. Jump Financial LLC bought a new position in shares of T-Mobile US during the fourth quarter worth $846,000. Envestnet Portfolio Solutions Inc. boosted its position in shares of T-Mobile US by 41.9% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 16,185 shares of the Wireless communications provider’s stock worth $2,595,000 after acquiring an additional 4,777 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in T-Mobile US by 1.8% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,467,495 shares of the Wireless communications provider’s stock valued at $395,613,000 after purchasing an additional 44,606 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Barclays boosted their price objective on shares of T-Mobile US from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, August 1st. Scotiabank boosted their price objective on shares of T-Mobile US from $194.50 to $197.00 and gave the company a “sector outperform” rating in a report on Thursday, August 1st. StockNews.com raised shares of T-Mobile US from a “hold” rating to a “buy” rating in a report on Tuesday, July 30th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of T-Mobile US from $185.00 to $200.00 and gave the company a “buy” rating in a report on Thursday, July 18th. Finally, Tigress Financial upped their target price on shares of T-Mobile US from $205.00 to $235.00 and gave the company a “buy” rating in a report on Monday, August 12th. One analyst has rated the stock with a hold rating, sixteen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $198.63.

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 customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.