TIGO Millicom International Cellular SA

Marathon Asset Management Ltd has acquired a new stake of 984,528 shares in Millicom International Cellular SA (NASDAQ:TIGO) valued at approximately $47.79 million. This investment represents 1.8% of Marathon's portfolio and gives them a 0.57% ownership stake in Millicom. The acquisition comes amidst other institutional investor activity and analyst ratings that currently peg Millicom as a "Moderate Buy" with a consensus target price of $43.47.

Swedbank AB reduced its stake in Millicom International Cellular SA ($TIGO) by 5.7% in Q3, now holding 2,395,664 shares valued at $116.29 million. Analyst sentiment is mixed but leaning positive with a "Moderate Buy" consensus and an average target price of $43.47, despite an EPS miss in the last quarter. The stock is currently trading near its 1-year high with a market cap of $9.34 billion.

The options market is showing high implied volatility for Millicom International Cellular S.A. (TIGO), particularly with the Jan 16, 2026 $25.00 Put, suggesting expectations of a significant price movement. This aligns with analysts' positive sentiment, as the company holds a Zacks Rank #1 (Strong Buy) and has seen recent upward revisions in earnings estimates. Options traders might consider selling premium on TIGO given this high implied volatility.

This article analyzes Millicom International Cellular S.a. (NASDAQ: TIGO) from a price dynamics and execution-aware positioning perspective. It highlights a neutral near and mid-term outlook that could moderate a long-term positive bias, noting a mid-channel oscillation pattern and an exceptional 22.5:1 risk-reward setup. The analysis provides three institutional trading strategies tailored to different risk profiles, along with multi-timeframe signal analysis, including support and resistance levels.

Oak Thistle LLC has initiated a new position of 41,207 shares, valued at approximately $2 million, in Millicom International Cellular SA (NASDAQ:TIGO) during the third quarter. This investment, alongside significant movements from other major institutions like Price T. Rowe and Dodge & Cox, highlights growing institutional interest in the technology company. Millicom recently reported Q3 EPS of $0.34, missing consensus estimates, on revenues of $1.42 billion, with the stock currently trading around $53.

Millicom International Cellular SA (TIGO) reported Q1 earnings of $1.14 per share, surpassing the Zacks Consensus Estimate of $0.91 per share, marking a 25.27% surprise. Despite the earnings beat, the company's revenues of $1.37 billion for the quarter ended March 2025 missed the Zacks Consensus Estimate by 3.81%. The stock currently holds a Zacks Rank #3 (Hold), indicating it is expected to perform in line with the market in the near future.