T-Mobile US, Inc. (NASDAQ:TMUS) Director Sells $308,112.00 in Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Raul Marcelo Claure sold 1,572 shares of T-Mobile US stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $196.00, for a total transaction of $308,112.00. Following the completion of the sale, the director now owns 1,824,632 shares of the company’s stock, valued at $357,627,872. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Wednesday, September 11th, Raul Marcelo Claure sold 132,309 shares of T-Mobile US stock. The shares were sold at an average price of $196.74, for a total transaction of $26,030,472.66.
• 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 stock was sold at an average price of $197.84, for a total value 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 value of $1,888,058.56.

T-Mobile US Stock Performance

NASDAQ:TMUS opened at $202.83 on Friday. The firm has a market capitalization of $236.66 billion, a PE ratio of 27.60, a price-to-earnings-growth ratio of 0.74 and a beta of 0.51. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 1.22. T-Mobile US, Inc. has a 12-month low of $135.82 and a 12-month high of $205.28. The firm has a 50-day moving average price of $190.15 and a 200 day moving average price of $175.17.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 earnings per share (EPS) 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 analysts’ expectations of $19.61 billion. T-Mobile US had a return on equity of 14.88% and a net margin of 11.95%. T-Mobile US’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.86 EPS. Research analysts anticipate that T-Mobile US, Inc. will post 9.18 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Norges Bank acquired a new stake in shares of T-Mobile US during the 4th quarter worth about $3,338,708,000. Wellington Management Group LLP increased its holdings in shares of T-Mobile US by 200.0% during the fourth quarter. Wellington Management Group LLP now owns 6,362,601 shares of the Wireless communications provider’s stock worth $1,020,116,000 after buying an additional 4,241,877 shares in the last quarter. Putnam Investments LLC raised its stake in shares of T-Mobile US by 74.6% in the fourth quarter. Putnam Investments LLC now owns 3,939,221 shares of the Wireless communications provider’s stock valued at $631,575,000 after acquiring an additional 1,682,743 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of T-Mobile US by 3.8% in the 1st quarter. Vanguard Group Inc. now owns 45,042,339 shares of the Wireless communications provider’s stock worth $7,351,811,000 after acquiring an additional 1,667,778 shares in the last quarter. Finally, Clearbridge Investments LLC grew its position in T-Mobile US by 18.8% during the 1st quarter. Clearbridge Investments LLC now owns 3,652,486 shares of the Wireless communications provider’s stock worth $596,159,000 after acquiring an additional 578,348 shares during the last quarter. 42.49% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently commented on TMUS shares. Tigress Financial lifted their price target on shares of T-Mobile US from $205.00 to $235.00 and gave the company a “buy” rating in a research report on Monday, August 12th. Benchmark lifted their target price on shares of T-Mobile US from $200.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, August 1st. Evercore ISI upgraded shares of T-Mobile US to a “hold” rating in a report on Thursday, August 1st. TD Cowen lifted their price objective on T-Mobile US from $202.00 to $216.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st. Finally, Wells Fargo & Company boosted their price objective on T-Mobile US from $200.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday. One research analyst has rated the stock with a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $201.44.

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.