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 $254,188 were sold by Long Letitia A on Dec 13 ’24. At $231.08 per share, Long Letitia A sold 1,100 shares. The insider’s holdings dropped to 5,653 shares worth approximately $1.25 million following the completion of this transaction.
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Also, Long Letitia A purchased 1,100 shares, netting a total of over 254,188 in proceeds.
Before that, Datar Srikant M. had sold 2,000 shares from its account. In a trade valued at $494,210, the Director traded T-Mobile US Inc shares for $247.10 each. Upon closing the transaction, the insider’s holdings decreased to 2,000 shares, worth approximately $2.81 million.
Analysts at KeyBanc Capital Markets downgraded the stock from ‘”an Overweight”‘ to ‘”a Sector weight”‘ outlook in a report released in mid December. As of December 10, 2024, Bernstein has initiated its “Mkt perform” rating for TMUS. Earlier on October 25, 2024, Raymond James downgraded its rating. Their new recommendation was “a Mkt perform” for TMUS stock which previously was a “an Outperform”.
Analyzing TMUS Stock Performance
During the last five days, there has been a drop of approximately -5.82%. Over the course of the year, T-Mobile US Inc shares have jumped approximately 37.65%. Shares of the company reached a 52-week high of $248.15 on 11/27/24 and a 52-week low of $158.84 on 03/22/24. A 50-day SMA is recorded $230.68, while a 200-day SMA reached $191.83. Nevertheless, trading volume fell to 5.1 million shares from 7.39 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 218.94, which, if violated, would cause prices to drop to 217.19. In the upper region, resistance lies at 222.82. The next price resistance is at 224.95. RSI (Relative Strength Index) is 32.88 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -12.10, which suggests the price will decrease in the coming days. Percent R is at 93.86%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
