Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. T-Mobile US Inc shares valued at $9,249,224 were sold by Nelson Mark Wolfe on Oct 16 ’24. At $216.26 per share, Nelson Mark Wolfe sold 42,769 shares. The insider’s holdings dropped to 61,871 shares worth approximately $14.45 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, Nelson Mark Wolfe purchased 42,769 shares, netting a total of over 9,249,224 in proceeds.
Before that, Katz Michael J. had sold 3,000 shares from its account. In a trade valued at $615,900, the Pres, Mkting Stgy & Prods traded T-Mobile US Inc shares for $205.30 each. Upon closing the transaction, the insider’s holdings decreased to 3,000 shares, worth approximately $27.95 million.
As published in a research note from Scotiabank on October 18, 2024, T-Mobile US Inc [TMUS] has been rated down from a Sector outperform to a Sector perform and the price target has been revised to $236 from $215.50. Analysts at Raymond James downgraded the stock from ‘”a Strong buy”‘ to ‘”an Outperform”‘ outlook in a report released in early October. As of July 01, 2024, Goldman has initiated its “Buy” rating for TMUS. Earlier on June 08, 2023, Wolfe Research upgraded its rating. Their new recommendation was “an Outperform” for TMUS stock which previously was a “a Peer perform”.
Analyzing TMUS Stock Performance
During the last five days, there has been a surge of approximately 5.23%. Over the course of the year, T-Mobile US Inc shares have jumped approximately 45.67%. Shares of the company reached a 52-week high of $234.40 on 10/24/24 and a 52-week low of $158.84 on 03/22/24. A 50-day SMA is recorded $205.45, while a 200-day SMA reached $178.25. Nevertheless, trading volume fell to 6.92 million shares from 5.25 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 224.91, which, if violated, would cause prices to drop to 216.25. In the upper region, resistance lies at 238.31. The next price resistance is at 243.05. RSI (Relative Strength Index) is 81.06 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 6.63, which suggests the price will increase in the coming days. Percent R is at 3.11%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
