DoD tests AI models that make it easy to switch from vendors like Palantir
Field Callie R, President of the Business Group at T-Mobile US, Inc. (NASDAQ:TMUS), a company whose stock has surged 64% over the past year and currently commands a market capitalization of $301.7 billion, has recently sold 10,351 shares of the company’s common stock. The transaction, which took place on February 19, 2025, was executed at a price of $262.70 per share, resulting in a total sale value of approximately $2.72 million. With the stock trading near its 52-week high and technical indicators suggesting overbought conditions according to InvestingPro analysis, this sale was conducted under a Rule 10b5-1 trading plan adopted by Callie in November 2024. Following the transaction, Callie retains ownership of 100,311 shares in T-Mobile. For comprehensive insider trading patterns and 13 additional key insights about TMUS, check out the detailed Pro Research Report available on InvestingPro.
In other recent news, T-Mobile US Inc. reported strong financial results for the fourth quarter of 2024, surpassing market expectations with an earnings per share of $2.57, higher than the projected $2.28. The company’s revenue also exceeded forecasts, reaching $21.87 billion against the anticipated $21.37 billion. Additionally, T-Mobile launched a €2.75 billion senior notes offering through its subsidiary, T-Mobile USA, Inc., with the proceeds intended for general corporate purposes. The offering includes a range of senior notes due between 2032 and 2045, managed by financial institutions such as Citigroup (NYSE:C) Global Markets Limited and Goldman Sachs & Co. LLC.
Moreover, T-Mobile unveiled the public beta of T-Mobile Starlink, a satellite-based mobile network developed with Starlink to provide connectivity in areas lacking traditional network coverage. The beta phase, free until July, allows users to send text messages via satellite and will later be included in certain premium plans at no extra cost. T-Mobile is also offering an Early Adopter Discount for those who sign up for the beta, providing a 33% discount on the service once it officially launches.
In terms of strategic financial moves, T-Mobile has returned $31.4 billion to shareholders since 2022 and continues to lead in broadband growth, marking 12 consecutive quarters of leadership. The company also announced its highest ever diluted EPS and free cash flow, demonstrating robust financial health. These developments reflect T-Mobile’s ongoing efforts to expand its market presence and enhance shareholder value while maintaining leadership in the telecom sector.
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