Friday, February 23, 2018 10:15 PM ET
Insider Makes Significant Stock buy in T-Mobile US (TMUS) Shares Extends the Trend of Last 90 Days
There was a noteworthy insider buying activity in T-Mobile US shares today as revealed in a filing with the SEC. One insider — Deutsche Telekom Holding BV, 10% Owner — purchased 225,000 shares in the company having a net market value of approximately $13,333,365. There have been 5 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the acquisition of 1,295,000 company shares and the disposition of 59,310 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 1,460,690 shares and have averaged 263,218 shares per transaction over this time period.
The number of insider buy/sell trades at T-Mobile US is greater than that of the 40 peer company average over the last 90-day period. The Wireless Telecommunications Services peer group saw 48 buy/sell trades during this period for an average of 1.2 transactions per company. However, the number of shares traded per transaction by T-Mobile US insiders is lower than its peers. Within the peer group there were 60,669,182 shares purchased and 131,816 shares sold with company insiders purchasing 3,026,868 shares on average over this time period.
In determining significant insider buying and selling, trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data obtained to compose and write this story.
Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.
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