PT Telekomunikasi Indonesia, Tbk (NYSE:TLK) Shares Sold Off by Rep. Josh Gottheimer

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 Stock Up 1.6%

Shares of NYSE:TLK opened at $11.12 on Friday. The firm has a market cap of $11.02 billion, a PE ratio of 11.59, a price-to-earnings-growth ratio of 1.02 and a beta of 0.41. The company has a current ratio of 0.81, a quick ratio of 0.78 and a debt-to-equity ratio of 0.19. PT Telekomunikasi Indonesia, Tbk has a 12-month low of $10.15 and a 12-month high of $23.51. The company has a fifty day simple moving average of $13.00 and a 200 day simple moving average of $16.16.

PT Telekomunikasi Indonesia, Tbk (NYSE:TLK) last released its earnings results on Friday, October 30th. The utilities provider reported $0.22 earnings per share for the quarter, missing the consensus estimate 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%. On average, equities research analysts anticipate that PT Telekomunikasi Indonesia, Tbk will post 1.67 EPS for the current fiscal year.

Institutional Trading of PT Telekomunikasi Indonesia, Tbk

Large investors have recently added to or reduced their stakes in the business. Lazard Asset Management LLC increased its holdings in shares of PT Telekomunikasi Indonesia, Tbk by 23.4% during the first quarter. Lazard Asset Management LLC now owns 25,129,891 shares of the utilities provider’s stock valued at $469,426,000 after purchasing an additional 4,770,126 shares during the period. Allspring Global Investments Holdings LLC increased its stake in shares of PT Telekomunikasi Indonesia, Tbk by 2.9% during the third quarter. Allspring Global Investments Holdings LLC now owns 2,705,356 shares of the utilities provider’s stock valued at $33,601,000 after acquiring an additional 77,314 shares during the period. Northcape Capital Pty Ltd raised its holdings in PT Telekomunikasi Indonesia, Tbk by 4.5% during 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 in the last quarter. Dimensional Fund Advisors LP lifted its position in PT Telekomunikasi Indonesia, Tbk by 0.4% in the first quarter. Dimensional Fund Advisors LP now owns 693,271 shares of the utilities provider’s stock worth $12,932,000 after purchasing an additional 2,524 shares during the period. Finally, Bank of America Corp DE increased its position in shares of PT Telekomunikasi Indonesia, Tbk by 11.7% during the 1st quarter. Bank of America Corp DE now owns 565,985 shares of the utilities provider’s stock valued at $10,573,000 after purchasing an additional 59,123 shares during the period.

Analyst Ratings Changes

A number of brokerages have recently weighed in on TLK. Zacks Research upgraded PT Telekomunikasi Indonesia, Tbk from a “strong sell” rating to a “hold” rating in a report on Thursday, October 8th. Wall Street Zen downgraded PT Telekomunikasi Indonesia, Tbk from a “buy” rating to a “hold” rating in a research note on Saturday, October 17th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of PT Telekomunikasi Indonesia, Tbk in a report on Thursday, October 29th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

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

PT Telekomunikasi Indonesia (Persero) Tbk, also known as Telkom Indonesia, is a state-owned telecommunications and digital services company. Its roots date to the establishment of a public telegraph service in the Dutch East Indies in 1882. The company provides fixed-line and mobile communications, broadband internet, network infrastructure and digital services.

Telkom Indonesia serves consumers, businesses and government organizations, primarily in Indonesia. Its services include mobile communications through Telkomsel, fixed broadband and enterprise connectivity, as well as data center, cloud and other digital solutions.