Significant Insider purchase of T-Mobile US (TMUS) Shares Extends the Buying Trend of Last Quarter

Wednesday, February 28, 2018 10:15 PM ET

Significant Insider purchase of T-Mobile US (TMUS) Shares Extends the Buying Trend of Last Quarter

There was a noteworthy insider buy in T-Mobile US shares today as disclosed in a filing with the SEC. One insider — Deutsche Telekom Holding BV, 10% Owner — acquired 310,000 shares in the company having a net market value of approximately $18,756,457. 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 1,895,000 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 2,145,690 shares and have averaged 377,385 shares per transaction over this time period.

The number of insider buy/sell trades at T-Mobile US is higher than that of the 40 peer company average over the last 90-day period. The Wireless Telecommunications Services peer group saw 50 buy/sell trades during this period for an average of 1.3 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 61,268,282 shares purchased and 131,816 shares sold with company insiders acquiring 3,217,709 shares on average over this time period.

For the purpose of evaluating significant insider buying and selling all 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 evaluate 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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