T-Mobile US, Inc. (NASDAQ:TMUS) EVP David A. Miller Sells 10,000 Shares of Stock

T-Mobile US, Inc. (NASDAQ:TMUS) EVP David A. Miller sold 10,000 shares of the stock in a transaction dated Tuesday, June 8th. The stock was sold at an average price of $144.33, for a total transaction of $1,443,300.00. Following the sale, the executive vice president now owns 180,122 shares of the company’s stock, valued at approximately $25,997,008.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of NASDAQ TMUS opened at $146.51 on Friday. T-Mobile US, Inc. has a 1 year low of $100.11 and a 1 year high of $148.70. The stock’s 50 day moving average price is $135.86. The firm has a market capitalization of $182.68 billion, a price-to-earnings ratio of 60.29, a P/E/G ratio of 1.25 and a beta of 0.58. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.85 and a current ratio of 0.96.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Tuesday, May 4th. The Wireless communications provider reported $0.74 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.55 by $0.19. T-Mobile US had a net margin of 3.95% and a return on equity of 7.19%. The firm had revenue of $19.76 billion for the quarter, compared to analyst estimates of $18.99 billion. During the same quarter last year, the business earned $1.10 earnings per share. T-Mobile US’s revenue was up 77.8% compared to the same quarter last year. Analysts anticipate that T-Mobile US, Inc. will post 2.32 EPS for the current fiscal year.

Several equities research analysts have recently weighed in on the stock. Raymond James increased their target price on shares of T-Mobile US from $145.00 to $146.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 5th. Credit Suisse Group set a $165.00 price target on shares of T-Mobile US and gave the stock a “buy” rating in a report on Wednesday, May 5th. Wells Fargo & Company increased their price target on shares of T-Mobile US from $155.00 to $170.00 and gave the stock an “overweight” rating in a report on Friday, March 12th. Royal Bank of Canada set a $133.00 price target on shares of T-Mobile US and gave the stock a “neutral” rating in a report on Wednesday, May 5th. Finally, JPMorgan Chase & Co. set a $150.00 price target on shares of T-Mobile US and gave the stock a “buy” rating in a report on Monday, March 15th. Three research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $153.87.

A number of hedge funds and other institutional investors have recently made changes to their positions in TMUS. Credit Agricole S A boosted its position in T-Mobile US by 4,000.0% during the fourth quarter. Credit Agricole S A now owns 205 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 200 shares during the last quarter. TCI Wealth Advisors Inc. boosted its position in T-Mobile US by 132.0% during the first quarter. TCI Wealth Advisors Inc. now owns 239 shares of the Wireless communications provider’s stock worth $30,000 after acquiring an additional 136 shares during the last quarter. Assetmark Inc. boosted its position in T-Mobile US by 135.8% during the fourth quarter. Assetmark Inc. now owns 257 shares of the Wireless communications provider’s stock worth $35,000 after acquiring an additional 148 shares during the last quarter. First Bank & Trust acquired a new position in shares of T-Mobile US in the 1st quarter valued at $36,000. Finally, Atwood & Palmer Inc. boosted its holdings in shares of T-Mobile US by 48.5% in the 1st quarter. Atwood & Palmer Inc. now owns 306 shares of the Wireless communications provider’s stock valued at $38,000 after purchasing an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 38.91% of the company’s stock.

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 102.1 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, wearables, and tablets and other mobile communication devices, as well as wireless devices and accessories.

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