Insider Trends: 90-Days of Insider Buying at T-Mobile US Eased Back with Share Disposition
06:10 PM EDT, 05/11/2021 (MT Newswires) -- G Michael Sievert, Director and President & CEO, sold 40,000 shares in T-Mobile US (TMUS) for $5,468,800 on May 10, 2021. Subsequent to the Form 4 filing with the SEC, Sievert owns 922,221 shares of company stock, with a market value, based on the prior-day closing price, of $125 million.
During the most recent 90-day period, previous to the date of this filing, there have been 39 insider transactions reported to the SEC for T-Mobile US. These transactions came from the activities of 8 individual insiders that resulted in a net acquisition of 397,267 company shares. Relative to the preceding 90-day window of time, there were 2 transactions from 2 insiders that resulted in the net disposition of 16,932 shares.
This level of insider transactions is below that of the peer group average in the 43-company Wireless Telecommunications Services peer group over the last 90-day period. Peer group activity averaged 85.5 transactions per company, with company insiders acquiring on average -224,712 shares.
SEC Story Link http://www.sec.gov/Archives/edgar/data/1283699/000128369921000098/xslF345X03/wf-form4_162077086798574.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.