Monday, March 05, 2018 10:15 PM ET
Insider buy at T-Mobile US (TMUS) Extends the Trend of purchases over Last Quarter
One insider — Deutsche Telekom Holding BV, 10% Owner — today, acquired 500,000 shares of T-Mobile US having a market value of approximately $30,959,088, as disclosed in a form 4 document filed with the SEC. There have been 5 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the purchase of 2,445,000 company shares and the disposition of 63,400 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 2,881,600 shares and have averaged 501,400 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at T-Mobile US is greater 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 60,780,485 shares purchased and 128,906 shares sold with company insiders having bought 3,369,532 shares on average over this time period.
Insider buying and selling activity that is significant has been determined by eliminating 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 in creating and writing 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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