Decoding Today's TMUS Price Decline

T-Mobile US stock is trading -7.3% below its average target price of $201.51 after dropping -1.0% during today's afternoon session. Analysts are giving the Large-Cap Communication Equipment company an average rating of buy and target prices ranging from $138.0 to $250.0 per share.

T-Mobile US's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 3.7%. The stock's short ratio is 4.03. The company's insiders own 58.89% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Another number to watch is the company's rate of institutional share ownership, which now stands at 40.7%. In conclusion, we believe there is positive market sentiment regarding T-Mobile US.

Institutions Invested in T-Mobile US

Date Reported Holder Percentage Shares Value
2024-03-31 Softbank Group Corporation 8% 92,089,766 $17,202,368,569
2024-03-31 Vanguard Group Inc 4% 45,042,339 $8,413,909,062
2024-03-31 Blackrock Inc. 3% 36,757,240 $6,866,252,544
2024-03-31 Price (T.Rowe) Associates Inc 3% 30,440,830 $5,686,347,136
2024-03-31 State Street Corporation 2% 24,241,643 $4,528,338,986
2023-12-31 Norges Bank Investment Management 2% 20,823,977 $3,889,918,967
2024-03-31 Morgan Stanley 1% 15,363,033 $2,869,814,611
2024-03-31 Geode Capital Management, LLC 1% 11,831,783 $2,210,177,100
2024-03-31 Royal Bank of Canada 1% 11,496,576 $2,147,560,431
2024-03-31 Dodge & Cox Inc 1% 11,041,654 $2,062,581,000
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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