O’leary sells Telephone & Data Systems (TDS) shares for $990k

Published 14/08/2025, 21:16
O’leary sells Telephone & Data Systems (TDS) shares for $990k

Director Christopher O’Leary of Telephone & Data Systems Inc (NYSE:TDS) sold 26,000 common shares of the company on August 12, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $38.084, with the total transaction amounting to $990,184.

Following the transaction, O’Leary directly owns 45,183 shares of Telephone & Data Systems.

In other recent news, Telephone and Data Systems Inc. (TDS) reported its second-quarter 2025 earnings, which showed a mixed financial performance. The company posted an earnings per share (EPS) of -$0.05, falling short of the forecasted $0.01, marking a significant surprise of -600%. However, TDS exceeded revenue expectations with $1.19 billion, surpassing the forecast of $1.17 billion. Additionally, Raymond James raised its price target for TDS to $50.00 from $49.00 while maintaining an Outperform rating. This adjustment followed TDS’s Q2 results, which included details on the T-Mobile transaction and dividends. The company also benefited from lower cash taxes due to recent legislation. These developments reflect ongoing investor interest and adjustments in analyst expectations.

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