United States Cellular Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NYSE:USM Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
05 Aug 24	SellUS$1,855,036	Kevin Lowell	Individual		37,597	US$49.34

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of USM?
Owner Type	Number of Shares	Ownership Percentage
General Public	320,866	0.373%
Individual Insiders	381,725	0.444%
Institutions	14,487,226	16.8%
Public Companies	70,788,703	82.3%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 97.79% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
82.3%	Telephone and Data Systems, Inc.	70,788,703	US$4.4b	0%	no data
2.66%	Dimensional Fund Advisors LP	2,283,083	US$143.1m	-0.71%	0.02%
2.41%	GAMCO Investors, Inc.	2,075,822	US$130.1m	-0.89%	0.52%
2.07%	Jericho Capital Asset Management L.P.	1,780,792	US$111.6m	0%	2.0%
1.76%	The Vanguard Group, Inc.	1,511,186	US$94.7m	16.3%	no data
0.74%	Loomis Sayles & Company, L.P.	634,072	US$39.8m	-8.74%	0.05%
0.64%	Citadel Advisors LLC	546,754	US$34.3m	53.5%	0.04%
0.63%	Third Point LLC	545,344	US$34.2m	0%	0.43%
0.62%	Millennium Management LLC	534,428	US$33.5m	-40.1%	0.03%
0.48%	American Century Investment Management Inc	413,323	US$25.9m	26%	0.01%
0.47%	ThornTree Capital Partners LP	403,971	US$25.3m	-32.4%	4.72%
0.44%	BlackRock, Inc.	380,287	US$23.8m	-4.8%	no data
0.36%	Bridgeway Capital Management, LLC	306,864	US$19.2m	-42.7%	0.3%
0.32%	Alyeska Investment Group, L.P.	276,104	US$17.3m	205%	0.08%
0.29%	FMR LLC	247,985	US$15.5m	3.51%	no data
0.26%	Columbia Management Investment Advisers, LLC	226,047	US$14.2m	1.76%	no data
0.24%	TCW Group, Inc.	202,893	US$12.7m	-4.43%	0.1%
0.19%	Geode Capital Management, LLC	166,181	US$10.4m	4.69%	no data
0.17%	Charles Schwab Investment Management, Inc.	143,021	US$9.0m	28.8%	no data
0.15%	D. E. Shaw & Co., L.P.	127,513	US$8.0m	-5.85%	0.01%
0.13%	Laurent Therivel	108,588	US$6.8m	-2.68%	no data
0.12%	State Street Global Advisors, Inc.	106,343	US$6.7m	13%	no data
0.12%	Point72 Asset Management, L.P.	101,486	US$6.4m	-74.7%	0.02%
0.11%	Alaska Retirement Management Board	94,950	US$6.0m	0%	0.06%
0.081%	Algert Global LLC	69,290	US$4.3m	-9.69%	0.11%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 15:37
End of Day Share Price	2024/12/26 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

United States Cellular Corporation is covered by 20 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
William Power	Baird
Ishan Majumdar	Baptista Research
Bruce Roberts	Brigantine Advisors