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Insider Trends: Insider Disposition at T-Mobile US Scaling Back 90-Days of Buying

05/10/2021 12:19

04:17 PM EDT, 05/10/2021 (MT Newswires) -- Neville R Ray, President, Technology, on May 07, 2021, sold 30,577 shares in T-Mobile US (TMUS) for $4,282,309. Ray, following the transactions outlined in the Form 4 SEC filing, owns 509,069 company shares, with a market value, based on the prior-day closing price, of $70.8 million.

In the 90 days prior to the date of this filing, there have been 37 insider transactions reported to the SEC for T-Mobile US. These transactions came from the activities of 8 separate insiders that resulted in a net acquisition of 472,844 company shares. This compares with the preceding 90-day window of time where there were 2 transactions from 2 insiders which resulted in the net disposition of 16,932 shares.

This level of insider transactions is less than the peer group average in the 43-company Wireless Telecommunications Services peer group over the last 90-day period. Activity in the peer group averaged 85.5 transactions per company, with company insiders acquiring on average -224,752 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1283699/000128369921000094/xslF345X03/wf-form4_162067756038723.xml

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.