Monday, February 26, 2018 10:15 PM ET
T-Mobile US (TMUS) Insider Makes Significant Share purchase Extending the Buying Trend over Last Quarter
Substantial insider purchase activity was revealed in T-Mobile US shares in a form 4 document filed with the SEC today, showing — Deutsche Telekom Holding BV, 10% Owner — bought 185,000 shares in the company having a net market value of approximately $10,985,855. 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 1,520,000 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 1,645,690 shares and have averaged 294,052 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at T-Mobile US is higher than its 40-company peer group average. The Wireless Telecommunications Services peer group saw 49 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 60,894,182 shares purchased and 131,816 shares sold with company insiders purchasing 3,038,118 shares on average over this time period.
The data used in composing and writing in this story eliminates 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.
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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