Villacrez, Telephone & Data Systems EVP, sells $5.1m in shares

Published 15/08/2025, 22:10
Villacrez, Telephone & Data Systems EVP, sells $5.1m in shares

Vicki L Villacrez, Executive Vice President and CFO of Telephone & Data Systems (NASDAQ:TDS), sold a total of 132,330 shares of common stock on August 13 and August 15, 2025, for approximately $5.1 million. The sales occurred at weighted average prices ranging from $38.5572 to $38.8813 per share.

The transactions, detailed in a Form 4 filing with the Securities and Exchange Commission, also included the acquisition of 58,045 shares of common stock through the exercise of options at prices ranging from $19.15 to $30.72, totaling $1.5 million. InvestingPro data shows TDS has maintained dividend payments for 52 consecutive years, demonstrating long-term financial stability despite current profitability challenges.

On August 13, Villacrez sold 73,878 shares at an average price of $38.8813, in multiple transactions at prices ranging from $38.88 and $38.97. On August 15, she sold 58,452 shares at an average price of $38.5572, in multiple transactions at prices ranging from $38.50 and $38.76. Following these transactions, Villacrez directly owns 26,788 shares of Telephone & Data Systems.

In other recent news, Telephone and Data Systems Inc. (TDS) reported its second-quarter 2025 earnings, showing a mixed financial outcome. The company posted an earnings per share (EPS) of -$0.05, which fell short of the forecasted $0.01, marking a significant miss. However, TDS exceeded revenue expectations by reporting $1.19 billion, surpassing the anticipated $1.17 billion. This revenue beat provided a positive note amidst the disappointment of the EPS results. Additionally, Raymond James adjusted its price target for TDS, raising it to $50 from $49 while maintaining an Outperform rating. This adjustment came after TDS’s detailed second-quarter results, which included insights on the T-Mobile transaction and dividends. The company also benefited from recent legislation that resulted in lower cash taxes. These developments highlight the dynamic financial landscape for TDS, with both challenges and strategic adjustments being made.

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