Rep. Josh Gottheimer Sells Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) Shares

Representative Josh Gottheimer (D-New Jersey) recently sold shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK). In a filing disclosed on January 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk stock on December 16th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Block (NYSE:SQ) on 12/30/2024.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 12/30/2024.
• Sold $1,001 – $15,000 in shares of Ambev (NYSE:ABEV) on 12/27/2024.
• Sold $1,001 – $15,000 in shares of Grupo Financiero Banorte (OTCMKTS:GBOOY) on 12/27/2024.
• Sold $1,001 – $15,000 in shares of Cadre (NYSE:CDRE) on 12/27/2024.
• Sold $1,001 – $15,000 in shares of Coloplast A/S (OTCMKTS:CLPBY) on 12/27/2024.
• Sold $1,001 – $15,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 12/23/2024.
• Sold $1,001 – $15,000 in shares of Trane Technologies (NYSE:TT) on 12/23/2024.
• Purchased $1,001 – $15,000 in shares of Walmart (NYSE:WMT) on 12/20/2024.
• Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 12/19/2024.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Trading Up 0.2 %

TLK opened at $16.40 on Thursday. The business has a 50 day moving average of $16.65 and a 200-day moving average of $18.21. Perusahaan Perseroan has a 52 week low of $15.35 and a 52 week high of $26.85. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.69 and a current ratio of 0.70.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk from a “hold” rating to a “buy” rating in a research report on Friday, October 4th.

Institutional Investors Weigh In On Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk

Several hedge funds have recently added to or reduced their stakes in TLK. Millennium Management LLC grew its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 268.1% in the second quarter. Millennium Management LLC now owns 316,621 shares of the utilities provider’s stock worth $5,921,000 after acquiring an additional 230,613 shares during the period. Cubist Systematic Strategies LLC purchased a new position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the second quarter worth approximately $2,163,000. State of New Jersey Common Pension Fund D increased its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 67.0% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 284,588 shares of the utilities provider’s stock worth $5,629,000 after purchasing an additional 114,209 shares in the last quarter. Van ECK Associates Corp increased its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 127.3% in the third quarter. Van ECK Associates Corp now owns 198,504 shares of the utilities provider’s stock worth $3,710,000 after buying an additional 111,162 shares in the last quarter. Finally, Northcape Capital Pty Ltd raised its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 17.2% in the fourth quarter. Northcape Capital Pty Ltd now owns 529,865 shares of the utilities provider’s stock worth $8,716,000 after buying an additional 77,655 shares during the period.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2025. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2024 election. Gottheimer was first elected to the House in 2016. Prior to his election, Gottheimer worked for Microsoft, the Federal Communications Commission, and for the administration of President Bill Clinton (D). Click here for more information about Gottheimer’s career. Gottheimer serves on the House Financial Services Committee, where is a member of three subcommittees. For more on Gottheimer’s committee assignments, click here. Gottheimer became a co-chair of the Problem Solvers Caucus in February 2017. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk provides information and communications technology, and telecommunications network services worldwide. The company operates through mobile, consumer, enterprise, Wholesale and International Business, and Other segments. The Mobile segment offers mobile voice, SMS, value added services, and mobile broadband services.