Published on 10 Apr 2024 on GuruFocus.com via Yahoo Finance
Telekom Deutsche Sells Shares of T-Mobile US Inc
Telekom Deutsche, a Director and 10% Owner, has executed a significant stock sale of T-Mobile US Inc (NASDAQ:TMUS) shares on April 9, 2024, according to a recent SEC filing. The insider sold a total of 569,010 shares of the company.T-Mobile US Inc is a major player in the telecommunications industry, providing wireless voice and data services in the United States, Puerto Rico, and the U.S. Virgin Islands under the T-Mobile and Metro by T-Mobile brands. The company is known for its nationwide 4G LTE network and is a leading provider of wireless services.Over the past year, Telekom Deutsche has sold a cumulative total of 12,389,484 shares and has not made any share purchases. This latest transaction continues a pattern of insider sales at T-Mobile US Inc, with a total of 52 insider sells and no insider buys occurring over the past year.
On the day of the sale, T-Mobile US Inc shares were trading at $161.09, giving the company a market capitalization of $191.09 billion. The price-earnings ratio stood at 23.23, which is above the industry median of 16.65 but below the company's historical median price-earnings ratio.According to the GF Value, with a share price of $161.09 and a GuruFocus Value of $144.28, T-Mobile US Inc has a price-to-GF-Value ratio of 1.12, indicating that the stock is modestly overvalued.