Investors Purchase High Volume of T-Mobile Us Call Options (TMUS)

T-Mobile Us Inc (NASDAQ:TMUS) was the recipient of some unusual options trading on Thursday. Stock traders bought 8,962 call options on the stock. This represents an increase of approximately 783% compared to the average daily volume of 1,015 call options.

In related news, insider Thomas Christopher Keys sold 43,000 shares of the company’s stock in a transaction on Friday, February 15th. The stock was sold at an average price of $70.71, for a total transaction of $3,040,530.00. Following the completion of the sale, the insider now owns 248,883 shares in the company, valued at $17,598,516.93. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Elizabeth A. Mcauliffe sold 2,250 shares of the company’s stock in a transaction on Thursday, January 31st. The stock was sold at an average price of $69.52, for a total value of $156,420.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 50,016 shares of company stock valued at $3,547,632. Corporate insiders own 0.37% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of the company. CWM LLC lifted its holdings in T-Mobile Us by 440.3% during the 4th quarter. CWM LLC now owns 389 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 317 shares in the last quarter. Financial Advocates Investment Management lifted its holdings in T-Mobile Us by 42.0% during the 4th quarter. Financial Advocates Investment Management now owns 541 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 160 shares in the last quarter. PRW Wealth Management LLC purchased a new stake in T-Mobile Us during the 4th quarter worth about $34,000. Semmax Financial Advisors Inc. purchased a new stake in T-Mobile Us during the 4th quarter worth about $37,000. Finally, Rehmann Capital Advisory Group lifted its holdings in T-Mobile Us by 54.8% during the 4th quarter. Rehmann Capital Advisory Group now owns 641 shares of the Wireless communications provider’s stock worth $41,000 after purchasing an additional 227 shares in the last quarter. 33.97% of the stock is currently owned by hedge funds and other institutional investors.

NASDAQ:TMUS traded up $1.29 during trading on Friday, reaching $73.75. The company’s stock had a trading volume of 2,746,817 shares, compared to its average volume of 3,580,067. The company has a market capitalization of $62.70 billion, a PE ratio of 21.82, a price-to-earnings-growth ratio of 1.25 and a beta of 0.43. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.81 and a quick ratio of 0.70. T-Mobile Us has a 12 month low of $55.09 and a 12 month high of $74.31.

T-Mobile Us (NASDAQ:TMUS) last issued its quarterly earnings results on Thursday, February 7th. The Wireless communications provider reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.06. T-Mobile Us had a return on equity of 12.12% and a net margin of 6.67%. The firm had revenue of $11.45 billion for the quarter, compared to analysts’ expectations of $11.38 billion. During the same quarter in the prior year, the firm earned $3.11 EPS. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. Sell-side analysts anticipate that T-Mobile Us will post 3.97 earnings per share for the current year.

TMUS has been the subject of several recent research reports. BTIG Research upped their price target on T-Mobile Us to $91.00 and gave the stock a “buy” rating in a report on Friday, January 18th. BidaskClub downgraded T-Mobile Us from a “buy” rating to a “hold” rating in a report on Wednesday, January 16th. Zacks Investment Research downgraded T-Mobile Us from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 10th. HSBC restated a “buy” rating and issued a $76.00 price objective on shares of T-Mobile Us in a research note on Monday, January 14th. Finally, Royal Bank of Canada restated a “buy” rating and issued a $76.00 price objective on shares of T-Mobile Us in a research note on Thursday, February 7th. Four analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $79.21.

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About T-Mobile Us

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to 79.7 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers.

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