Donoghue Forlines LLC Increases Stake in T-Mobile US, Inc.

Donoghue Forlines LLC has expanded its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 20.6% during the fourth quarter, as noted in its latest filing with the SEC. The firm now owns 9,119 shares of the telecommunications provider's stock after acquiring an additional 1,555 shares throughout the quarter. As per the most recent disclosure, the value of Donoghue Forlines LLC's holdings in T-Mobile US amounts to approximately $2,013,000.

Institutional Investments in T-Mobile

Various hedge funds and institutional investors have also adjusted their stake in T-Mobile US. For instance, Wellington Management Group LLP increased its investment in T-Mobile US by 4.0% during the third quarter. Following this transaction, they now own 15,524,529 shares valued at around $3,203,642,000 after purchasing an additional 602,786 shares. Meanwhile, FMR LLC raised its position by 13.4% during the same quarter, owning 12,893,770 shares worth $2,660,758,000 after an acquisition of 1,522,394 shares. Franklin Resources Inc. also raised its stake by 9.9%, now holding 6,553,703 shares valued at $1,448,426,000 after purchasing 590,711 shares. Legal & General Group Plc increased its position in T-Mobile by 6.8% in the second quarter, now owning shares worth $837,032,000 after acquiring an additional 303,582 shares. Barclays PLC significantly raised its stake by 38.3% in the third quarter, acquiring 876,182 shares and now holding 3,165,153 shares valued at $653,160,000. Overall, institutional investors hold approximately 42.49% of T-Mobile's stock.

Recent Insider Transactions

In other news concerning T-Mobile US, Director Letitia A. Long recently sold 1,100 shares on December 13, bringing in around $254,188 at an average price of $231.08 per share. This transaction decreased her ownership stake by 16.29%, with her remaining shares valued at approximately $1,306,295. Similarly, EVP Nestor Cano sold 11,100 shares on November 7, totaling about $2,561,325 at an average price of $230.75. Following this sale, he has 4,400 shares left, valued at about $1,015,300, representing a significant drop of 71.61% in his ownership. Over the last quarter, insiders have sold 164,200 shares of T-Mobile stock, totaling $37,407,303 in value. Company insiders hold about 0.67% of the stock.

Analysts' Evaluations and Price Targets

Several brokerages have recently published their evaluations on T-Mobile US. Morgan Stanley initiated coverage, assigning an