T-Mobile US (NASDAQ:TMUS – Free Report) had its price objective raised by Wells Fargo & Company from $200.00 to $230.00 in a research note published on Thursday morning, Benzinga reports. The firm currently has an overweight rating on the Wireless communications provider’s stock. TMUS has been the subject of a number of other research reports. Evercore ISI upgraded T-Mobile US to a hold rating in a report on Thursday, August 1st. Deutsche Bank Aktiengesellschaft lifted their price target on shares of T-Mobile US from $185.00 to $200.00 and gave the company a buy rating in a research report on Thursday, July 18th. Citigroup boosted their price objective on shares of T-Mobile US from $184.00 to $210.00 and gave the stock a buy rating in a research note on Friday, July 19th. Tigress Financial lifted their target price on shares of T-Mobile US from $205.00 to $235.00 and gave the company a buy rating in a report on Monday, August 12th. Finally, The Goldman Sachs Group started coverage on T-Mobile US in a research note on Monday, July 1st. They issued a buy rating and a $200.00 price target on the stock. One analyst has rated the stock with a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of Buy and a consensus target price of $201.44.
This summary provides information about T-Mobile US stock performance and financial ratios. It highlights the opening price, debt-to-equity ratio, current ratio, quick ratio, and historical price range. **Detailed Text:**
T-Mobile US, a prominent player in the telecommunications industry, has seen its stock performance fluctuate in recent times.
Insider Transactions at T-Mobile US In related news, Director Raul Marcelo Claure sold 132,309 shares of the stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $196.74, for a total transaction of $26,030,472.66. Following the sale, the director now directly owns 1,551,204 shares of the company’s stock, valued at $305,183,874.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, Director Raul Marcelo Claure sold 132,309 shares of the stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $196.74, for a total transaction of $26,030,472.66. Following the transaction, the director now owns 1,551,204 shares in the company, valued at $305,183,874.96. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Michael J. Katz sold 3,000 shares of T-Mobile US stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of $177.59, for a total transaction of $532,770.00. Following the completion of the sale, the insider now directly owns 122,687 shares of the company’s stock, valued at approximately $21,787,984.33. The disclosure for this sale can be found here. Insiders sold 973,797 shares of company stock worth $178,105,011 over the last quarter. 0.67% of the stock is currently owned by insiders.
This is a significant move, as institutional investors often play a crucial role in shaping market sentiment and influencing stock prices. **Institutional Inflows and Outflows**
Institutional investors, such as hedge funds, mutual funds, and pension funds, have a significant impact on the stock market. Their large holdings and active trading strategies can significantly influence market sentiment and stock prices.
The company operates under the T-Mobile, Metro by T-Mobile, and Sprint brands. is a subsidiary of Deutsche Telekom AG, a German multinational telecommunications company.
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