Crown Castle Inc’s recent filing unveils that its Director PATEL SUNIT S unloaded Company’s shares for reported $4150.0 on May 09 ’24. In the deal valued at $98.80 per share,42 shares were sold. As a result of this transaction, PATEL SUNIT S now holds 2,919 shares worth roughly $0.26 million.
Then, Kelley Philip M bought 47,774 shares, generating $5,359,489 in total proceeds.
Before that, Kavanagh Michael Joseph sold 10,883 shares. Crown Castle Inc shares valued at $1,128,839 were divested by the EVP & COO-Towers at a price of $103.72 per share. As a result of the transaction, Kavanagh Michael Joseph now holds 75,127 shares, worth roughly $6.71 million.
JMP Securities initiated its Crown Castle Inc [CCI] rating to a Mkt outperform in a research note published on January 27, 2025; the price target was $115. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in mid January from “an Equal weight” to “an Overweight”. Jefferies also remained covering CCI and has decreased its forecast on January 02, 2025 with a “Hold” recommendation from previously “Buy” rating. Wells Fargo revised its rating on December 10, 2024. It rated CCI as “an Underweight” which previously was an “an Equal weight”.
Price Performance Review of CCI
On Friday, Crown Castle Inc [NYSE:CCI] saw its stock jump 0.28% to $89.28. Over the last five days, the stock has gained 0.89%. Crown Castle Inc shares have fallen nearly -1.63% since the year began. Nevertheless, the stocks have fallen -17.32% over the past one year. While a 52-week high of $120.92 was reached on 01/27/25, a 52-week low of $84.20 was recorded on 01/10/25. SMA at 50 days reached $94.93, while 200 days put it at $103.08.
Levels Of Support And Resistance For CCI Stock
The 24-hour chart illustrates a support level at 88.58, which if violated will result in even more drops to 87.88. On the upside, there is a resistance level at 90.00. A further resistance level may holdings at 90.72. The Relative Strength Index (RSI) on the 14-day chart is 45.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.22, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.42%. Stochastics %K at 49.74% indicates the stock is a holding.
How much short interest is there in Crown Castle Inc?
A steep rise in short interest was recorded in Crown Castle Inc stocks on 2025-01-15, dropping by -1.26 million shares to a total of 6.05 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 7.31 million shares. There was a decline of -20.86%, which implies that there is a negative sentiment for the stock.
