KD Logo

T-Mobile US Inc [TMUS] Director makes an insider purchase of 141,119 shares worth 27.73 million.

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. T-Mobile US Inc shares valued at $27,734,117 were sold by CLAURE RAUL MARCELO on Sep 10 ’24. At $196.53 per share, CLAURE RAUL MARCELO sold 141,119 shares. The insider’s holdings dropped to 1,683,513 shares worth approximately $342.17 million following the completion of this transaction.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Also, CLAURE RAUL MARCELO sold 132,309 shares, netting a total of over 26,030,473 in proceeds. Following the sale of shares at $196.74 each, the insider now holds 1,551,204 shares.

Before that, CLAURE RAUL MARCELO had sold 1,572 shares from its account. In a trade valued at $308,112, the Director traded T-Mobile US Inc shares for $196.00 each. Upon closing the transaction, the insider’s holdings decreased to 1,572 shares, worth approximately $370.86 million.

As published in their initiating research note from Goldman on July 01, 2024, T-Mobile US Inc [TMUS] has been a Buy and the price target has been revised to $200. Analysts at Wolfe Research upgraded the stock from ‘”a Peer perform”‘ to ‘”an Outperform”‘ outlook in a report released in early June. As of February 06, 2023, MoffettNathanson has decreased its “an Outperform” rating to a “Market perform” for TMUS. Earlier on January 03, 2023, Wolfe Research downgraded its rating. Their new recommendation was “a Peer perform” for TMUS stock which previously was a “an Outperform”.

Analyzing TMUS Stock Performance

During the last five days, there has been a surge of approximately 1.81%. Over the course of the year, T-Mobile US Inc shares have jumped approximately 26.77%. Shares of the company reached a 52-week high of $208.16 on 09/26/24 and a 52-week low of $158.84 on 03/22/24. A 50-day SMA is recorded $193.56, while a 200-day SMA reached $172.69. Nevertheless, trading volume fell to 2.63 million shares from 2.67 million shares the previous day.

Support And Resistance Levels for T-Mobile US Inc (TMUS)

According to the 24-hour chart, there is a support level at 200.66, which, if violated, would cause prices to drop to 198.06. In the upper region, resistance lies at 207.00. The next price resistance is at 210.75. RSI (Relative Strength Index) is 58.57 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.93, which suggests the price will increase in the coming days. Percent R is at 32.98%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

Most Popular