Deutsche Telekom AG executives sell over $93 million in T-Mobile US stock
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Executives of Deutsche Telekom AG, the parent company of T-Mobile US, have sold over $93 million worth of T-Mobile shares. The sales were part of a pre-arranged trading plan and took place at prices ranging from $163.21 to $164.68 per share. The largest transaction occurred on May 21, 2024, with the sale of 187,870 shares at an average price of $164.12. The executives still hold a substantial number of shares in T-Mobile US. The sales are common among corporate executives and can be related to personal financial planning or diversification strategies. Investors monitor insider selling for signals about a company's health or executives' confidence in the business's future prospects. However, sales made under a pre-arranged trading plan are generally viewed as less indicative of insider sentiment. T-Mobile US is a major player in the telecommunications industry, providing wireless services across the United States. The reported transactions were carried out by multiple executives, signifying a coordinated effort to liquidate a portion of their holdings in an orderly fashion. The presence of a pre-arranged trading plan suggests that these sales were part of a longer-term financial strategy.

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https://www.investing.com/news/company-news/deutsche-telekom-ag-executives-sell-over-93-million-in-tmobile-us-stock-93CH-3451109