Insider Selling: T-Mobile US, Inc. (NASDAQ:TMUS) Director Sells $24,673,000.00 in Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Raul Marcelo Claure sold 110,000 shares of T-Mobile US stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $224.30, for a total transaction of $24,673,000.00. Following the completion of the sale, the director now owns 1,441,204 shares of the company’s stock, valued at $323,262,057.20. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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 stock was sold at an average price of $196.74, for a total value of $26,030,472.66.
• On Monday, September 9th, Raul Marcelo Claure sold 1,572 shares of T-Mobile US stock. The shares were sold at an average price of $196.00, for a total value 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 stock was sold at an average price of $196.96, for a total transaction of $1,888,058.56.

T-Mobile US Stock Up 1.7 %

TMUS opened at $235.31 on Friday. The stock has a market capitalization of $273.07 billion, a P/E ratio of 26.83, a price-to-earnings-growth ratio of 1.19 and a beta of 0.50. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. T-Mobile US, Inc. has a one year low of $145.77 and a one year high of $236.74. The business’s 50-day simple moving average is $211.81 and its 200-day simple moving average is $189.86.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.29. The business had revenue of $20.16 billion during the quarter, compared to the consensus estimate of $20.01 billion. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The company’s revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.82 earnings per share. Analysts anticipate that T-Mobile US, Inc. will post 9.36 EPS for the current year.

T-Mobile US Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be paid a $0.88 dividend. The ex-dividend date of this dividend is Wednesday, November 27th. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.65. This represents a $3.52 dividend on an annualized basis and a yield of 1.50%. T-Mobile US’s payout ratio is currently 29.65%.

Institutional Investors Weigh In On T-Mobile US

Hedge funds have recently made changes to their positions in the business. KPP Advisory Services LLC raised its position in T-Mobile US by 2.6% during the 3rd quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider’s stock worth $360,000 after buying an additional 45 shares during the last quarter. DT Investment Partners LLC lifted its position in T-Mobile US by 65.3% in the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 47 shares during the period. Davis Investment Partners LLC raised its stake in shares of T-Mobile US by 0.6% during the 3rd quarter. Davis Investment Partners LLC now owns 8,223 shares of the Wireless communications provider’s stock worth $1,711,000 after buying an additional 51 shares in the last quarter. Barden Capital Management Inc. lifted its holdings in shares of T-Mobile US by 0.8% in the 3rd quarter. Barden Capital Management Inc. now owns 6,824 shares of the Wireless communications provider’s stock valued at $1,408,000 after buying an additional 54 shares during the period. Finally, Compton Wealth Advisory Group LLC boosted its stake in shares of T-Mobile US by 0.4% in the second quarter. Compton Wealth Advisory Group LLC now owns 15,009 shares of the Wireless communications provider’s stock valued at $2,644,000 after buying an additional 56 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Wall Street Analyst Weigh In

TMUS has been the topic of a number of recent research reports. TD Cowen upped their price objective on T-Mobile US from $216.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Oppenheimer upped their price target on T-Mobile US from $215.00 to $250.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Morgan Stanley lifted their price objective on T-Mobile US from $209.00 to $239.00 and gave the company an “overweight” rating in a research note on Tuesday, October 29th. Tigress Financial upped their target price on shares of T-Mobile US from $205.00 to $235.00 and gave the stock a “buy” rating in a research note on Monday, August 12th. Finally, Sanford C. Bernstein upgraded shares of T-Mobile US to a “strong-buy” rating in a research note on Wednesday, July 31st. Three equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, T-Mobile US has a consensus rating of “Moderate Buy” and a consensus price target of $241.83.

T-Mobile US Company Profile

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.