Notable Insider Trading: Sprint Corporation $S

5dbc98dcc983a70728bd082d1a47546e

Sprint Corporation (NYSE:S) insider have most recently took part in a trading activity. On Dec 5, 2017 Softbank Group Corp, 10% Owner bought 588,002 shares having total worth of $3,422,172 at the price of $5.82 per share, following the transaction a total of 3,335,226,546 shares owned by Softbank Group Corp. Before this latest buy, Softbank Group Corp purchased S at 6 other times during the past twelve months, for a total investment of $1460.97M at an average of $6.02 per share.

The stock has experienced a total of 8 insider trades in the past three months. These trades include 2 sell activities and 6 buy trades. Furthermore, over the past 12 months , the stock was traded 9 times by insiders. In 3 of these trades, the insider was a seller while an employee of the company was the buyer in 6 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 6 2 -34.6%
12 Month 6 3 29.61%

Shares of Sprint Corporation (NYSE:S) traded down 0.87% on Dec 6, 2017, hitting $5.69. 13,794,796 shares of the company’s stock traded hands. Sprint Corporation has a 52 week low of $4.12 and a 52 week high of $9.43. The company’s market cap is $26,770 million.

Sprint Corporation (NYSE:S) last announced its earnings results on Oct 25, 2017. The company reported 0.00 earnings per share (EPS) for the quarter., compared to the consensus estimate of $8,690 million. During the same quarter in the previous year, the company posted -0.10 earnings per share. The company’s revenue for the quarter was down 100% on a year-over-year basis.

2017-10-25 2017-08-01 2017-05-03 2017-01-31 2016-10-25 2016-07-25 2016-05-03 2016-01-26 2015-11-03 2015-08-04
earnings per share 0.00 0.05 -0.07 -0.12 -0.10 -0.05 -0.07 -0.14 -0.09 -0.01
Revenue(M) 0 8157 8539 8549 8247 8012 8071 8107 7975 8027

Sprint Corp, formerly Sprint Nextel Corp was incorporated in 1938 in the state of Kansas. It is an Amercian telecommunications holding company. The Company through its subsidiaries provides wireless and wireline communications products and services that are designed to meet the needs of individual consumers, businesses, government subscribers and resellers. It operates as a wireless company in the United States. It owns wireless networks and a global long distance, Tier 1 Internet backbone. It offers digital wireless service to subscribers in all 50 states, Puerto Rico and the U.S. Virgin Islands under the Sprint(r) brand name utilizing wireless code division multiple access, or CDMA, technology. The Company offers digital wireless services under its Nextel(r) brand name using integrated Digital Enhanced Network, or iDEN(r), technology. It is a reseller of Worldwide Interoperability for Microwave Access, fourth generation, or 4G, wireless services as provided by Clearwire Corporation. It has two reportable segments: Wireless and Wireline. It offers wireless voice and data services to individuals, businesses and resellers on state-of-the-art networks that utilize CDMA and iDEN technologies. The Company’s family of ‘Simply Everything(tm)’ post-paid price plans bundle together popular data applications with traditional mobile voice calling at price points that could save customers hundreds of dollars annually. The Company’s Boost Mobile(r) brand prepaid price plans include unique nationwide monthly unlimited, pay as you go, and $1 per day chat plan options. It offers multi-functional devices such as the Samsung Instinct(tm) and the iDEN Blackberry(r) Curve(tm). It sells accessories, such as carrying cases, hands-free devices, batteries, battery chargers and other items to subscribers, and it sells handsets and accessories to agents and other third-party distributors for resale. The Company provides a suite of wireline voice and data communications services to its Wireless segment, other communications companies and targeted business customers. It provides Internet Protocol, or IP, wide-area network and long distance services. It operates an all-digital long distance and 40 gigabyte capacity Tier 1 IP network. The services and products include domestic and international data communications using various protocols such as multi-protocol-label switching, or MPLS, IP, IP-based frame relay, managed network services, VoIP and traditional voice services. The Company’s IP services could be combined with its wireless services. It owns numerous patents, patent applications, service marks, trademarks and other intellectual property in the United States and other countries, including ‘Sprint,’ ‘Nextel,’ ‘Direct Connect,’ and ‘Boost Mobile.’ The Wireline segment competes with AT&T, Verizon Communications, Qwest Communications, Level 3 Communications, Inc. It competes with a number of wireless carriers, including three other national wireless com

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.