USM - United States Cellular Insider Trades SendAa Signal | Benzinga
On May 22, a substantial insider purchase was made by CD WALTER CARLSON, Director at United States Cellular (NYSE:USM), as per the latest SEC filing.
What Happened: CARLSON made a significant move by purchasing 2,836 shares of United States Cellular as reported in a Form 4 filing with the U.S. Securities and Exchange Commission. The transaction's total worth stands at $121,976.
In the Thursday's morning session, United States Cellular's shares are currently trading at $43.68, experiencing a down of 0.0%.
Get to Know United States Cellular Better
U.S. Cellular is a regional wireless carrier that serves about 4.5 million customers spread across four major geographic clusters: the Midwest, mid-Atlantic, New England, and the Pacific Northwest. These service territories encompass a total population of about 32 million people. The vast majority of the markets the firm serves are rural or second/third-tier cities, with only the greater Milwaukee and Oklahoma City regions boasting populations greater than 1 million. U.S. Cellular also owns a 5.5% stake in Verizon Wireless' Los Angeles operations and, unlike its wireless carrier peers, owns most of its own towers.
United States Cellular's Financial Performance
Revenue Growth: United States Cellular's revenue growth over a period of 3 months has faced challenges. As of 31 March, 2024, the company experienced a revenue decline ...