T-Mobile US (NYSE:TMUS) has tumbled 0.38% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 0.17% in the last four weeks. The company has outperformed the S&P 500 by 0.81% in the past week but underperformed the index by 0.75% in the last 4 weeks.
T-Mobile US (NYSE:TMUS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $41.87 and $41.22 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $41.92. The buying momentum continued till the end and the stock did not give up its gains. It closed at $41.77, notching a gain of 0.02% for the day. The total traded volume was 4,239,432 . The stock had closed at $41.76 on the previous day.
The company shares have rallied 6.56% from its 1 Year high price. On Jun 8, 2016, the shares registered one year high at $44.13 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $41.50 and the 200 Day Moving Average price is recorded at $38.95.
On the companys insider trading activities, The officer (EVP & Chief Technology Officer), of T-Mobile Us, Inc., Ray Neville R had unloaded 6,945 shares at $44 per share in a transaction on June 8, 2016. The total value of transaction was $305,580. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, Citigroup, maintains their rating on the shares of T-Mobile US (NYSE:TMUS). Citigroup has a Buy rating on the shares. As per the latest research report, the brokerage house raises the price target to $51 per share from a prior target of $47. The rating by the firm was issued on June 13, 2016. Currently the company Insiders own 0.18% of T-Mobile US shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -10.09% . Institutional Investors own 34.22% of T-Mobile US shares. During last six month period, the net percent change held by insiders has seen a change of -8.89%.