T-Mobile’s chief accounting officer sells $525,400 in stock

BELLEVUE, WA—Bazzano Dara, Senior Vice President and Chief Accounting Officer at T-Mobile US, Inc. (NASDAQ:TMUS), recently sold 2,000 shares of the company’s common stock. The transaction took place on February 19, 2025, at a price of $262.70 per share, amounting to a total sale value of $525,400. The sale occurs as T-Mobile’s stock trades near its 52-week high of $271.41, with the company’s market capitalization now reaching $301.7 billion.

Following the sale, Dara retains ownership of approximately 5,794 shares in T-Mobile. This transaction is part of the regular reporting required for company insiders, providing transparency to investors regarding insider activities. According to InvestingPro analysis, T-Mobile’s stock has delivered an impressive 64% return over the past year, though technical indicators suggest the stock may be in overbought territory.

T-Mobile, a major player in the telecommunications industry, continues to be closely watched by investors, with insider transactions often scrutinized for potential insights into the company’s performance and outlook. For deeper technical analysis and 13 additional exclusive insights, investors can access the comprehensive T-Mobile research report on InvestingPro.

In other recent news, T-Mobile US Inc. reported impressive financial results for the fourth quarter of 2024, surpassing market expectations with an earnings per share of $2.57, exceeding the forecasted $2.28. The company’s revenue also outperformed projections, reaching $21.87 billion, compared to the anticipated $21.37 billion. T-Mobile announced the public beta of T-Mobile Starlink, a satellite-based mobile network in partnership with Starlink, aiming to eliminate mobile dead zones by providing connectivity through satellites. This service, currently in beta testing, is available for free until July and is expected to be included at no extra cost in select premium plans thereafter.

Additionally, T-Mobile USA, Inc., a subsidiary of T-Mobile US, Inc., has launched a €2.75 billion senior notes offering, with the proceeds intended for general corporate purposes such as refinancing existing debt and potential dividends. The company has invited wireless providers worldwide to join their alliance to provide reciprocal roaming through satellite-to-mobile technology. In terms of strategic financial moves, T-Mobile’s recent earnings call highlighted the company’s highest ever diluted EPS and free cash flow, along with an 8% growth in postpaid service revenue for the quarter.

Moreover, T-Mobile’s leadership in broadband growth continues, marking 12 consecutive quarters of dominance in this area. The company’s CEO, Mike Sievert, emphasized a strategic focus on thoughtful and profitable growth. These recent developments reflect T-Mobile’s ongoing efforts to expand its market share and enhance connectivity services.

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