Reports from the past few months highlight numerous instances of insider selling at T-Mobile US (TMUS), with shares being sold both by Director and 10% owner, Telekom Deutsche, as well as President, Business Group, Callie Field. Importantly, these sales occurred amidst several strong performance metrics demonstrated by T-Mobile US, with the firm surpassing analyst expectations with its Q1 2023 earnings results and displaying strong growth throughout Q1 2024. These accomplishments are reflected in the wireless subscriber adds that topped estimates, growing net income, and soaring EPS reported in 2023.
Moreover, T-Mobile has been involved in significant strategic acquisitions, like its FCC-approved deal to buy the budget provider Mint Mobile and its integration of Hulu into streaming services. The network upgrades announced in West Virginia and the expansion of 5G Home Internet into Puerto Rico all speak to T-Mobile's commitment to enhancing its service offerings. T-Mobile also reported launching the first Starlink satellites to aid in direct cell communications.
However, amid these positives, TMUS earnings have been disappointing at times, with missed Q4 earnings bridging 2023 into 2024. Simultaneously, TMUS stock has seen both over and underperformance compared to its competitors. Looking forward, T-Mobile's announced $19 billion shareholder return program may potentially buoy the market's confidence.
T-Mobile Us TMUS News Analytics from Thu, 27 Jul 2023 07:00:00 GMT to Wed, 08 May 2024 10:22:56 GMT - Rating 6 - Innovation 7 - Information 8 - Rumor -5
