On June 7, 2024, Telekom Deutsche, a director and 10% owner, executed an important transaction to sell 682,812 shares of T-Mobile US Inc (NASDAQ:TMUS). The sale is documented in recent SEC filings. Following this transaction, the insider now owns a total of 672,341,073 shares in the company.
T-Mobile US Inc (NASDAQ:TMUS) is a leading company in the telecommunications industry, offering a wide range of voice, messaging and data services across mobile networks. The company operates in the United States and strives to enhance connectivity and improve user experience through innovative technology and services.
T-Mobile US Inc’s insider trading history over the past year shows that there were a total of 72 insider sells and no insider buys. Specifically, Telekom Deutsche sold a total of 21,209,339 shares during the same period, without purchasing any shares.
Director and 10% owner Telekom Deutsche sells its stake in T-Mobile US Inc (TMUS)
As of the latest trading session, T-Mobile US Inc’s stock price was $180.05, giving it a market capitalization of approximately $210.72 billion. The company has a price-to-earnings ratio of 24.47, which is higher than the industry median of 16.23.
T-Mobile US Inc’s GF Value is calculated to be $146.53, implying a price to GF Value ratio of 1.23. This suggests that the stock is currently moderately overvalued.
Director and 10% owner Telekom Deutsche sells its stake in T-Mobile US Inc (TMUS)
GF Value is derived from historical trading multiples such as price-to-earnings ratio, price-to-sales ratio, price-to-book multiple, and price-to-free cash flow, and is adjusted and supplemented by GuruFocus factors based on past earnings and growth. Based on future performance forecasts by Morningstar analysts.
Recent insider sales by Telekom Deutsche may be of interest to current and potential investors, as they provide insight into insider credibility and stock valuation outlook.
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This article first appeared on GuruFocus.