The EVP-CTO of United States Cellular (USM) is Selling Shares


Today, the EVP-CTO of United States Cellular (USM), Michael Irizarry, sold shares of USM for $131.6K.

Following Michael Irizarry’s last USM Sell transaction on May 12, 2015, the stock climbed by 13.1%. In addition to Michael Irizarry, 2 other USM executives reported Sell trades in the last month.

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Based on United States Cellular’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $1 billion and quarterly net profit of $36 million. In comparison, last year the company earned revenue of $963 million and had a GAAP net loss of $299 million. USM’s market cap is $4.53B and the company has a P/E ratio of 11.27. Currently, United States Cellular has an average volume of 283.1K.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $56.67, reflecting a 8.0% upside.

The insider sentiment on United States Cellular has been negative according to 33 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

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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.

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