Clear Channel Outdoor Holdings Inc’s filing revealed that its 10% Owner MORENO ARTURO R acquired Company’s shares for reported $0.91 million on Apr 16 ’25. In the deal valued at $0.93 per share,980,644 shares were bought. As a result of this transaction, MORENO ARTURO R now holds 61,210,458 shares worth roughly $58.76 million.
Then, MORENO ARTURO R bought 205,449 shares, generating $195,177 in total proceeds. Upon buying the shares at $0.95, the 10% Owner now owns 61,415,907 shares.
Before that, MORENO ARTURO R bought 500,000 shares. Clear Channel Outdoor Holdings Inc shares valued at $505,000 were divested by the 10% Owner at a price of $1.01 per share. As a result of the transaction, MORENO ARTURO R now holds 60,229,814 shares, worth roughly $57.82 million.
Wells Fargo downgraded its Clear Channel Outdoor Holdings Inc [CCO] rating to an Equal weight from a an Overweight in a research note published on September 19, 2024; the price target was decreased to $1.75 from $2.75. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in mid December from “an Equal weight” to “an Overweight”. Wells Fargo also remained covering CCO and has decreased its forecast on July 08, 2022 with a “an Equal weight” recommendation from previously “an Overweight” rating. Barrington Research revised its rating on November 11, 2021. It rated CCO as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of CCO
On Thursday, Clear Channel Outdoor Holdings Inc [NYSE:CCO] saw its stock jump 1.86% to $0.96. Over the last five days, the stock has lost -6.13%. Clear Channel Outdoor Holdings Inc shares have fallen nearly -30.11% since the year began. Nevertheless, the stocks have fallen -34.42% over the past one year. While a 52-week high of $1.88 was reached on 01/15/25, a 52-week low of $0.81 was recorded on 04/07/25. SMA at 50 days reached $1.1850, while 200 days put it at $1.4421.
Levels Of Support And Resistance For CCO Stock
The 24-hour chart illustrates a support level at 0.9240, which if violated will result in even more drops to 0.8906. On the upside, there is a resistance level at 0.9819. A further resistance level may holdings at 1.0064. The Relative Strength Index (RSI) on the 14-day chart is 39.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0438, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 56.85%. Stochastics %K at 41.67% indicates the stock is a holding.
How much short interest is there in Clear Channel Outdoor Holdings Inc?
A steep rise in short interest was recorded in Clear Channel Outdoor Holdings Inc stocks on 2025-03-31, growing by 1.87 million shares to a total of 35.8 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 33.93 million shares. There was a rise of 5.21%, which implies that there is a positive sentiment for the stock.
