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Insider at T-Mobile US (TMUS) Makes Significant Sale of Stock

05/07/2021 18:28

10:20 PM EDT, 05/07/2021 (MT Newswires) -- A filing with the SEC today disclosed a notable insider sale of T-Mobile US shares as -- David A Miller, Officer -- disposed of 15,000 shares in the company having a market value of approximately $1,966,000. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 230,000 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 245,000 shares and have averaged 49,000 shares per transaction over this time period.

Relative to its peers over the last 90 days, insider buy/sell trading at T-Mobile US is higher than the 43-company peer group average. Wireless Telecommunications Services peer group saw 18 buy/sell trades during this period for an average of 0.4 transactions per company. The number of shares per buy/sell trade for T-Mobile US insiders was also higher. Within the peer group there were 0 shares purchased and 351,635 shares sold with company insiders selling 19,535 shares on average.

To bring into focus significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated in data used to create and write this story.

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.