Newegg commerce: Galkin family buys $5.8M in NEGG stock
Deutsche Telekom AG (ETR:DTEGn) and related entities sold shares of T-Mobile US, Inc. (NASDAQ:TMUS), worth approximately $46.4 million. The sales occurred between June 17 and June 20, 2025. T-Mobile US, a prominent player in wireless telecommunications with a market capitalization of $251 billion, has demonstrated strong financial health according to InvestingPro analysis, with a robust 63.9% gross profit margin and healthy liquidity ratios.
The transactions involved the sale of 176,710 shares of T-Mobile US common stock. The sales prices ranged from $220.8167 to $223.02 per share, aligning closely with the current market price of $221.52. The stock has shown resilience with a 27% return over the past year.
These sales were executed under a pre-arranged 10b5-1 trading plan adopted on March 13, 2025. Following these transactions, Deutsche Telekom (OTC:DTEGY) and related entities continue to hold 648,359,244 shares of T-Mobile US. For deeper insights into T-Mobile’s valuation and growth prospects, including 7 additional key investment tips, explore the comprehensive research available on InvestingPro.
In other recent news, T-Mobile has made significant strides with the launch of its Revvl Tab 2, a 5G tablet priced at $169.99, positioning it as the most affordable option in the market. Promotions are available for new and existing customers, offering the tablet at no cost under certain conditions. Meanwhile, S&P Global Ratings has revised T-Mobile’s outlook to positive from stable, citing strong earnings growth and free cash flow generation. The company has been successful in increasing its market share in the postpaid sector, benefiting from a solid brand reputation and competitive pricing.
Additionally, Fitch Ratings affirmed T-Mobile’s ’BBB+’ rating, noting the company’s strong operating momentum and cash generation. T-Mobile’s 5G network coverage and postpaid subscriber growth have been highlighted as key strengths. In a separate development, SoftBank (TYO:9984) Group Corp. sold $4.8 billion worth of T-Mobile shares to fund its AI initiatives, reflecting strategic shifts within the conglomerate. Lastly, reports suggest that T-Mobile’s CEO, Mike Sievert, may step down before his contract ends, with Srini Gopalan speculated as a potential successor. These developments underscore T-Mobile’s dynamic position in the telecommunications landscape.
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