On September 13, 2023, Dara Bazzano, the SVP & Chief Accounting Officer of T-Mobile US Inc, sold 3,953 shares of the company. This sale is part of a trend where Bazzano has sold a total of 7,865 shares over the past year.
T-Mobile US Inc is a leading telecommunications company in the United States, offering wireless voice, messaging, and data services under the T-Mobile and Metro by T-Mobile brands. The company also serves as a host network for various mobile virtual network operators.
Bazzano has been with T-Mobile US Inc for several years, holding various roles before becoming the SVP & Chief Accounting Officer. In this position, she oversees the company’s financial reporting and compliance with accounting standards and regulations.
The recent sell by Bazzano has caught the attention of investors and analysts, as there have been no insider buys and 24 insider sells for T-Mobile US Inc in the past year. This trend may suggest that insiders perceive the stock as overvalued or anticipate a decline in the company’s performance.
On the day of the sell, T-Mobile US Inc’s shares were trading at $141.36, with a market cap of $166.97 billion. The stock’s price-earnings ratio was 28.27, higher than the industry median of 16.54 but lower than the company’s historical median price-earnings ratio.
According to GuruFocus, an intrinsic value estimate platform, T-Mobile US Inc’s stock is considered fairly valued. The stock’s price-to-GF-Value ratio is 1, indicating that the price aligns closely with the estimated intrinsic value.
While insider trading patterns can be influenced by various factors, including personal financial needs, it is important for investors to consider other aspects such as the company’s financial health, market conditions, and its position within the industry. A comprehensive analysis and a diversified portfolio can help mitigate risks and potentially achieve long-term investment goals.