T-mobile insider buys over $1 million in shares amid digital transition

T-Mobile's Chief Broadband, Enterprise & Emerging Business executive Andre Almeida has made a significant bet on the carrier's future, purchasing over $1 million worth of T-Mobile stock.

Almeida's $1 million buy suggests t-mobile confidence

On May 1, Almeida acquired 5,097.44 shares at prices ranging from $196.12 to $196.18, spending a total of $1,000,015. This substantial insider purchase sends a clear signal that at least one top executive is confident in T-Mobile's ongoing digital transition.

In contrast, Chief Business and Product Officer Mike Katz sold 5,000 shares for $979,050 on the same day, suggesting his view may be less optimistic.

Almeida now owns 44,849.602 shares of T-Mobile, valued at $8.72 million based on Monday's closing price of $194.42. Katz retains 181,930 shares, worth $35.37 million.