LWM Advisory Services LLC decreased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 55.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,634 shares of the Wireless communications provider’s stock after selling 2,007 shares during the period. LWM Advisory Services LLC’s holdings in T-Mobile US were worth $288,000 as of its most recent SEC filing. Other institutional investors also recently made changes to their positions in the company. Aveo Capital Partners LLC boosted its stake in T-Mobile US by 6.5% during the 4th quarter. Aveo Capital Partners LLC now owns 2,250 shares of the Wireless communications provider’s stock valued at $361,000 after purchasing an additional 137 shares in the last quarter. Jump Financial LLC acquired a new position in T-Mobile US during the fourth quarter worth about $846,000. Envestnet Portfolio Solutions Inc. raised its position in T-Mobile US by 41.9% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 16,185 shares of the Wireless communications provider’s stock worth $2,595,000 after acquiring an additional 4,777 shares in the last quarter. Inceptionr LLC acquired a new stake in T-Mobile US in the 4th quarter valued at about $267,000. Finally, Quadrant Capital Group LLC boosted its position in shares of T-Mobile US by 19.5% during the 4th quarter. Quadrant Capital Group LLC now owns 5,433 shares of the Wireless communications provider’s stock valued at $871,000 after purchasing an additional 887 shares in the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.
The stock was trading at $202.83 at the time of this message. ## MarketBeat.com Daily T-Mobile US Summary
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**Insider Trading: A Closer Look at Michael J.
This action by Michael J. Katz, a significant insider, raises questions about potential motives and their impact on the company’s future. What are the reasons behind Michael J. Katz’s decision to sell his stock?
This report was followed by a “buy” rating and a $200.00 price target from Evercore ISI on July 10th. The research reports highlight the potential for T-Mobile US to achieve significant growth in the wireless market. They also emphasize the company’s strong financial position and its ability to generate substantial cash flow.
Get Our Latest Stock Report on T-Mobile US T-Mobile US Profile (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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This article discusses the recent surge in interest in the telecommunications sector, particularly in the context of the rise of 5G technology. The article highlights the performance of several prominent hedge funds, including Bridgewater Associates, Citadel, and Renaissance Technologies, in this sector.
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