Today, the EVP-Chief HR Officer of United States Cellular (NYSE: USM), Deirdre Drake, sold shares of USM for $226.4K.
Following Deirdre Drake’s last USM Sell transaction on May 09, 2017, the stock climbed by 1.7%. In addition to Deirdre Drake, one other USM executive reported Sell trades in the last month.
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Based on United States Cellular’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $974 million and quarterly net profit of $49 million. In comparison, last year the company earned revenue of $963 million and had a net profit of $12 million. USM’s market cap is $3.48B and the company has a P/E ratio of 54.27. Currently, United States Cellular has an average volume of 76.19K.
Three different firms, including B.Riley FBR and J.P. Morgan, currently also have a Sell rating on the stock.
In the last 30 days, insiders have sold $226.4K worth of USM shares and purchased $478.6K worth of USM shares.
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United States Cellular Corp. engages in the provision of wireless telecommunication services. Its products include smartphones, tablets, vehicle routers, and accessories. It offers Internet plans, prepaid and postpaid plans, and roaming services. The company was founded by Leroy T. Carlson in 1983 and is headquartered in Chicago, IL.
