Public Sector Pension Investment Board significantly reduced its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 80.2% in the third quarter, selling 559,838 shares and retaining 138,123 shares valued at approximately $33 million. This comes amidst varied institutional investor activity, with some increasing and others decreasing their stakes, and a mix of positive, neutral, and negative news impacting the stock, as well as recent insider selling activity. Analysts generally maintain a “Moderate Buy” rating for TMUS, with an average price target of $256.22, despite some recent target reductions.
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T-Mobile US, Inc. $TMUS Stock Holdings Lessened by Public Sector Pension Investment Board
Public Sector Pension Investment Board significantly reduced its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 80.2% in the third quarter, selling 559,838 shares and retaining 138,123 shares valued at approximately $33 million. This comes amidst varied institutional investor activity, with some increasing and others decreasing their stakes, and a mix of positive, neutral, and negative news impacting the stock, as well as recent insider selling activity. Analysts generally maintain a “Moderate Buy” rating for TMUS, with an average price target of $256.22, despite some recent target reductions.