T-Mobile US Inc’s recently made public that its Director Datar Srikant M. unloaded Company’s shares for reported $0.49 million on Nov 27 ’24. In the deal valued at $247.10 per share,2,000 shares were sold. As a result of this transaction, Datar Srikant M. now holds 12,724 shares worth roughly $2.97 million.
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Then, Datar Srikant M. sold 2,000 shares, generating $493,500 in total proceeds. Upon selling the shares at $246.75, the Director now owns 11,724 shares.
Before that, Datar Srikant M. sold 1,000 shares. T-Mobile US Inc shares valued at $247,190 were divested by the Director at a price of $247.19 per share. As a result of the transaction, Datar Srikant M. now holds 5,021 shares, worth roughly $1.17 million.
Bernstein initiated its T-Mobile US Inc [TMUS] rating to a Mkt perform in a research note published on December 10, 2024; the price target was $265. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in late October from “an Outperform” to “a Mkt perform”. Scotiabank also remained covering TMUS and has decreased its forecast on October 18, 2024 with a “Sector perform” recommendation from previously “Sector outperform” rating. Raymond James revised its rating on October 02, 2024. It rated TMUS as “an Outperform” which previously was an “a Strong buy”.
Price Performance Review of TMUS
On Tuesday, T-Mobile US Inc [NASDAQ:TMUS] saw its stock jump 2.03% to $233.50. Over the last five days, the stock has lost -4.64%. T-Mobile US Inc shares have risen nearly 45.64% since the year began. Nevertheless, the stocks have risen 49.30% over the past one year. While a 52-week high of $248.15 was reached on 11/27/24, a 52-week low of $153.84 was recorded on 03/22/24. SMA at 50 days reached $228.27, while 200 days put it at $189.90.
Levels Of Support And Resistance For TMUS Stock
The 24-hour chart illustrates a support level at 230.87, which if violated will result in even more drops to 228.23. On the upside, there is a resistance level at 235.88. A further resistance level may holdings at 238.25. The Relative Strength Index (RSI) on the 14-day chart is 46.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.03%. Stochastics %K at 34.09% indicates the stock is a holding.
How much short interest is there in T-Mobile US Inc?
A steep rise in short interest was recorded in T-Mobile US Inc stocks on 2024-11-29, growing by 1.27 million shares to a total of 15.11 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 13.85 million shares. There was a rise of 8.38%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 01, 2024 when Goldman began covering the stock and recommended ‘”a Buy”‘ rating along with a $200 price target.
