T-Mobile US, Inc. (NASDAQ:TMUS – Get Free Report) Director Raul Marcelo Claure sold 1,572 shares of the stock in a transaction 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 transaction, the director now owns 1,824,632 shares in the company, valued at $357,627,872. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Raul Marcelo Claure also recently made the following trade(s): Get T-Mobile US alerts: 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.
The sales were made by Raul Marcelo Claure, the founder and executive chairman of Liberty Global, a multinational cable and broadband company. He is also a member of the board of directors of T-Mobile US and a significant shareholder of Tesla US.
Hedge funds are increasingly interested in investing in T-Mobile US, Inc. (TMUS). This interest stems from the company’s strong financial performance, its position as a leader in the wireless industry, and its potential for future growth. Several hedge funds have already invested in TMUS, and some are actively considering doing so.
This activity has been attributed to the company’s recent performance and the potential for future growth. Institutional investors are typically large organizations, such as pension funds, mutual funds, and hedge funds, that manage significant amounts of capital. They play a crucial role in the stock market, influencing market trends and investor sentiment. Institutional investors’ buying and selling activities can significantly impact stock prices.
Analysts Set New Price Targets TMUS has been the topic of a number of recent research reports. Citigroup raised their price target on shares of T-Mobile US from $184.00 to $210.00 and gave the stock a “buy” rating in a research report on Friday, July 19th. Bank of America raised their price target on shares of T-Mobile US from $175.00 to $195.00 and gave the stock a “buy” rating in a research report on Monday, June 10th. Barclays raised their price target on shares of T-Mobile US from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, August 1st. Sanford C. Bernstein upgraded shares of T-Mobile US to a “strong-buy” rating in a research report on Wednesday, July 31st. Finally, The Goldman Sachs Group initiated coverage on shares of T-Mobile US in a research report on Monday, July 1st. They issued a “buy” rating and a $200.00 price target on the stock. One equities research analyst has rated the stock with a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of $198.63.
Check Out Our Latest Analysis on T-Mobile US T-Mobile US Company Profile (Get Free Report) 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.
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