Categories: Finance

Deutsche Telekom Sells Stake in T-Mobile US Inc (TMUS)

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On June 4, 2024, Telekom Deutsche, Director and 10% Owner of T-Mobile US Inc (NASDAQ:TMUS), made a significant move by selling 682,812 shares of the company. This insider transaction has caught the attention of investors and analysts alike, as it signals a shift in ownership within the telecommunications giant.

With this sale, Telekom Deutsche now holds 673,023,885 shares of T-Mobile US Inc, showcasing a substantial stake in the company despite the recent divestment. This move comes amidst a series of sales by the insider over the past year, totaling 20,526,527 shares, without any purchases in the same period. The insider transaction history for T-Mobile US Inc reveals a trend of 68 insider sells and no insider buys over the past year.

T-Mobile US Inc operates as a national wireless service provider, offering a range of services including data, messaging, and voice. The company’s strategic focus on enhancing network capabilities and customer value through innovative service offerings and marketing initiatives has positioned it as a key player in the industry.

As of the latest transaction, T-Mobile US Inc shares were trading at $173.93, with a market cap of $210.664 billion. The stock’s valuation, according to the GF Value, is set at $146.53, indicating that the company is modestly overvalued with a price-to-GF-Value ratio of 1.19.

This sale by Telekom Deutsche sheds light on ongoing transactions within T-Mobile US Inc, prompting investors to consider the company’s current valuation and market performance. As the telecommunications sector continues to evolve, insider actions like these provide valuable insights into the company’s trajectory and potential future growth.

Team@GQN.

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