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 $897,528 were purchased by Almeida Andre on Dec 09 ’24. At $235.72 per share, Almeida Andre acquired 3,808 shares. The insider’s holdings grew to 3,808 shares worth approximately $0.82 million following the completion of this transaction.
Also, Long Letitia A sold 1,100 shares, netting a total of over 254,188 in proceeds. Following the sale of shares at $231.08 each, the insider now holds 5,653 shares.
Before that, Long Letitia A had added 1,100 shares to its account. In a trade valued at $254,188, the Director bought T-Mobile US Inc shares for $231.08 each.
As published in a research note from Wells Fargo on January 06, 2025, T-Mobile US Inc [TMUS] has been rated down from an Overweight to an Equal weight and the price target has been revised to $220 from $240. Analysts at RBC Capital Mkts downgraded the stock from ‘”an Outperform”‘ to ‘”a Sector perform”‘ outlook in a report released in early January. Earlier on December 12, 2024, KeyBanc Capital Markets downgraded its rating. Their new recommendation was “a Sector weight” for TMUS stock which previously was a “an Overweight”.
Analyzing TMUS Stock Performance
During the last five days, there has been a surge of approximately 0.86%. Over the course of the year, T-Mobile US Inc shares have dropped approximately -2.12%. Shares of the company reached a 52-week high of $222.52 on 01/02/25 and a 52-week low of $208.39 on 01/06/25. A 50-day SMA is recorded $228.60, while a 200-day SMA reached $197.91. Nevertheless, trading volume fell to 3.62 million shares from 4.12 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 214.47, which, if violated, would cause prices to drop to 212.90. In the upper region, resistance lies at 218.51. The next price resistance is at 220.98. RSI (Relative Strength Index) is 41.87 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.16, which suggests the price will increase in the coming days. Percent R is at 45.86%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
