Millicom's EVP Lesina Karim Antonio Sells Significant Shares

Millicom EVP Lesina Karim Antonio sold 42,497 shares valued at $3.82 million on June 11, 2026.

Written by EarningsIQ · Published Jun 15, 2026, 5:05 PM EDT

Key Points

Lesina Karim Antonio sold 42,497 shares of Millicom International Cellular on June 11, 2026, for $3.82 million.
Shares of TIGO on NasdaqGS are trading around $93.77 with a market cap of $15.71 billion and a P/E ratio of 12.74.
Peers like JPMorgan and BlackRock increased their holdings in Millicom, while Brandes Investment Partners reduced theirs.

On June 11, 2026, Lesina Karim Antonio, an Executive Vice President and Chief Executive Officer at Millicom International Cellular S.A., sold 42,497 shares of the company. The shares were sold at an average price of $90, totaling approximately $3.82 million. This transaction was not part of a pre-planned trading program.

Insider Buying and Selling at Millicom International Cellular S.A.

Lesina Karim Antonio, EVP and CEA Officer, sold 42,497 shares at $90 each on June 11, 2026, in a non-planned transaction. Other notable insider transactions include Salvador Escalon, Chief Legal & Compliance Officer, who sold 49,288 shares at an average price of $88.51 on June 1, 2026, and Marcelo Benitez, who sold shares in February and December 2025.

Other Institutional Activity in Millicom International Cellular

Several institutional investors have recently adjusted their positions in Millicom International Cellular. Dodge & Cox increased its holdings by 29,300 shares, ending with 8,162,432 shares valued at approximately $611.69 million. JPMorgan Chase & Co significantly boosted its stake by 709,881 shares to a total of 7,423,488 shares, valued at $542.88 million. BlackRock, Inc. also increased its holdings by 576,063 shares, bringing its total to 6,000,897 shares worth about $449.71 million. On the other hand, Brandes Investment Partners, LP reduced its position by 1,575,489 shares, holding 3,261,016 shares valued at $244.38 million.

Millicom International Cellular Stock Snapshot

Shares of NasdaqGS:TIGO are currently trading around $93.77. Millicom International Cellular has a market capitalization of approximately $15.71 billion and a P/E ratio of 12.74. The stock's 52-week range spans from $35.62 to $94.225, with a 50-day moving average of $83.48 and a 200-day moving average of $63.15. The company's beta is 0.901, indicating moderate volatility compared to the market.

Recent Earnings

Millicom reported revenue of approximately $6.44 billion, reflecting a growth rate of 45.1%. The company achieved a net margin of 19.14% and a return on equity of 37.44%. Earnings per share stood at $7.36. The next earnings report is scheduled for August 6, 2026.

Dividend

Millicom pays an annual dividend rate of $3.00, yielding 3.2% with a payout ratio of 40.75%.

Analysts Set New Price Targets

On May 27, 2026, Scotiabank maintained a 'sell' rating on the stock with a price target of $52.4. Earlier, on May 20, 2026, JP Morgan maintained a 'buy' rating with a target of $100. The consensus among analysts suggests a target mean price of $83.2, based on seven opinions.

About Millicom International Cellular

Millicom International Cellular S.A. is a telecom company providing cable and mobile services primarily in Latin America. The company offers a range of services, including mobile data, voice, financial services, broadband, pay-TV, and managed services. Headquartered in Luxembourg, Millicom operates under the Tigo brand and serves both individual and business customers. Led by CEO Marcelo Benitez, the company employs approximately 14,250 people.

Bottom Line

Lesina Karim Antonio's recent share sale is a notable insider transaction for Millicom International Cellular. Investors track these moves for potential insights into executive sentiment. While this transaction is significant, it's important to remember that 13F and insider reports are backward-looking and may not reflect current intentions or market conditions.