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Analyzing the Surge in TMUS Stock Purchases

T-Mobile US stock is trading -12.19% below its average target price of $243.72 after marking a 1.3% during today's morning session. Analysts are giving the Large-Cap Communication Equipment company an average rating of buy and target prices ranging from $184.95 to $280.0 per share.

The stock has an average amount of shares sold short at 2.9%, and a short ratio of 4.25. The company's insiders own 59.15% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that only a small number of institutional investors are invested in the stock, with 39.2% of T-Mobile US's shares being owned by this investor type.

Institutions Invested in T-Mobile US

Date Reported Holder Percentage Shares Value
2024-09-30 Softbank Group Corporation 7% 85,361,065 $18,268,121,051
2024-09-30 Vanguard Group Inc 4% 42,050,828 $8,999,297,469
2024-09-30 Blackrock Inc. 3% 37,816,954 $8,093,206,117
2024-09-30 State Street Corporation 2% 22,465,701 $4,807,884,547
2024-09-30 Price (T.Rowe) Associates Inc 2% 21,633,200 $4,629,721,013
2024-09-30 Wellington Management Group, LLP 1% 15,524,529 $3,322,404,366
2024-06-30 Norges Bank Investment Management 1% 15,146,345 $3,241,469,210
2024-09-30 Morgan Stanley 1% 13,375,617 $2,862,515,720
2024-09-30 FMR, LLC 1% 12,893,770 $2,759,395,646
2024-09-30 Geode Capital Management, LLC 1% 11,767,162 $2,518,290,274

Besides an analyst consensus of some upside potential, other market factors point to there being positive market sentiment on T-Mobile US.

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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