Caesars Entertainment misses Q2 earnings expectations, shares edge lower
T-Mobile US, Inc. (NASDAQ:TMUS), currently valued at $311.21 billion, saw a significant stock sale from its Executive Vice President and Chief Financial Officer, Peter Osvaldik. On February 27, 2025, Osvaldik sold 25,000 shares of T-Mobile common stock at $263.23 per share. The transaction, conducted under a pre-established Rule 10b5-1 trading plan, amounted to approximately $6.58 million. According to InvestingPro data, the stock has delivered an impressive 67.41% return over the past year and is trading near its 52-week high of $273.40.
Following this sale, Osvaldik retains ownership of 61,309.615 shares in the company. The sale was executed directly by Osvaldik and reflects a planned divestment strategy as outlined in his trading plan adopted on November 26, 2024. InvestingPro analysis indicates the stock may be overvalued at current levels, with technical indicators suggesting overbought conditions. Subscribers can access 13 additional ProTips and a comprehensive Pro Research Report for deeper insights into T-Mobile’s valuation and growth prospects.
In other recent news, T-Mobile US, Inc. reported impressive financial results for the fourth quarter of 2024, surpassing market expectations. The company achieved earnings per share (EPS) of $2.57, exceeding the forecasted $2.28, and revenue reached $21.87 billion, above the anticipated $21.37 billion. This performance highlights T-Mobile’s ability to consistently outperform market predictions, contributing to investor confidence. Additionally, T-Mobile announced the sale of €2.75 billion in senior notes, with proceeds intended for general corporate purposes, including potential refinancing and share repurchases.
T-Mobile has also introduced significant changes to its board of directors, with Srini Gopalan transitioning to the role of Chief Operating Officer. The company plans to nominate Thomas Dannenfeldt for election to the board in 2025, bringing his extensive industry experience to the team. Furthermore, T-Mobile launched the public beta of T-Mobile Starlink, a new satellite-based mobile network developed in partnership with Starlink, aiming to eliminate mobile dead zones. The service is currently free during the beta phase and will be included at no extra cost in select T-Mobile plans after the official launch.
In analyst actions, T-Mobile’s stock received positive attention, reflecting its strong financial performance and strategic initiatives. The company continues to lead in broadband growth and anticipates further service revenue growth in 2025. These recent developments underscore T-Mobile’s strategic focus on expanding its market presence and enhancing its service offerings.
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