Sprint Corp (S) Major Shareholder Purchases $25635044.72 in Stock

The shares were purchased at an average cost of $5.68 per share, for a total transaction of $18,352,744.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company's stock are required to disclose their transactions with the SEC.

On Tuesday, January 9th, Group Corp Softbank purchased 5,348,176 shares of Sprint stock.

On Thursday, January 11th, Group Corp Softbank acquired 6,239,538 shares of Sprint stock.

On Friday, January 5th, Group Corp Softbank purchased 5,161,418 shares of Sprint stock. The stock presently has a consensus rating of Hold and an average target price of $7.27.

On Friday, December 29th, Group Corp Softbank bought 4,243,452 shares of Sprint stock. The stock was bought at an average price of $5.94 per share, for a total transaction of $25,206,104.88.

On Wednesday, January 3rd, Group Corp Softbank acquired 4,301,182 shares of Sprint stock. $6.03's average target is 7.30% above currents $5.62 stock price.

On Friday, December 22nd, Group Corp Softbank bought 2,563,780 shares of Sprint stock. The shares were acquired at an average price of $5.82 per share, for a total transaction of $31,126,384.32. Oppenheimer reaffirmed a hold rating on shares of Sprint in a report on Wednesday, September 20th. The stock was purchased at an average cost of $5.64 per share, with a total value of $28,738,896.36.

On Monday, December 18th, Group Corp Softbank purchased 5,039,477 shares of Sprint stock. The business's revenue was down 3.9% compared to the same quarter last year. sell-side analysts expect that Sprint Corp will post -0.02 earnings per share for the current fiscal year.

On Monday, December 4th, Group Corp Softbank acquired 1,045,040 shares of Sprint stock. Capital Bank & Trust Co now owns 21,625 shares of the cell phone carrier's stock worth $168,000 after purchasing an additional 21,427 shares during the last quarter.

Sprint Corp (NYSE S) opened at $5.69 on Friday. Trading volume for Sprint Corporation was 17.63 Million in its previous trading session. Sprint has a 12-month low of $5.42 and a 12-month high of $9.65. Price changes in a company's debt in credit markets sometimes anticipate parallel changes in its stock price.

Sprint (NYSE:S) last issued its earnings results on Wednesday, October 25th. The cell phone carrier reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by $0.04. The firm had revenue of $7.93 billion during the quarter, compared to analyst estimates of $8.05 billion. Sprint had a negative net margin of 1.82% and a negative return on equity of 3.19%.

For the current quarter, 0 analysts are projecting a mean EPS of $0/share. During the same period past year, the firm posted ($0.04) EPS. Seven investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have assigned a buy rating to the company. Zacks Investment Research raised Sprint from a "hold" rating to a "buy" rating and set a $8.25 price target for the company in a research report on Tuesday, October 10th. UBS maintained the shares of S in report on Tuesday, July 26 with "Neutral" rating. The company now has an average rating of "Hold" and an average price target of $6.72. It worsened, as 42 investors sold S shares while 95 reduced holdings. Financial Counselors Inc. now owns 12,173 shares of the cell phone carrier's stock worth $100,000 after purchasing an additional 201 shares during the period. Overbrook Management Corp acquired a new position in Sprint during the second quarter worth approximately $3,564,000. Sumitomo Mitsui Asset Management Company LTD raised its position in shares of Sprint Corporation by 3.8% in the second quarter. Swiss National Bank now owns 2,905,351 shares of the cell phone carrier's stock worth $23,853,000 after buying an additional 83,900 shares during the period. Janney Montgomery Scott LLC bought a new position in Sprint during the second quarter worth about $125,000. FMR LLC now owns 3,835,837 shares of the cell phone carrier's stock valued at $31,492,000 after buying an additional 115,192 shares in the last quarter. Hedge funds and other institutional investors own 13.74% of the company's stock.

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Sprint Corporation, through its subsidiaries, provides various wireless and wireline communications services and products to consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. The company has market cap of $22.48 billion. The firm operates in two divisions, Wireless and Wireline.

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