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 $0.3 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 $7.67 million.
A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in mid March from “an Underperform” to “a Peer perform”. Wells Fargo also remained covering CCI and has increased its forecast on March 17, 2025 with a “an Equal weight” recommendation from previously “an Underweight” rating. UBS revised its rating on March 14, 2025. It rated CCI as “a Buy” which previously was an “a Neutral”.
Price Performance Review of CCI
On Monday, Crown Castle Inc [NYSE:CCI] saw its stock fall -1.41% to $102.13. Over the last five days, the stock has gained 5.65%. Crown Castle Inc shares have risen nearly 12.53% since the year began. Nevertheless, the stocks have risen 9.76% over the past one year. While a 52-week high of $120.92 was reached on 04/03/25, a 52-week low of $84.20 was recorded on 01/10/25. SMA at 50 days reached $97.52, while 200 days put it at $102.78.
Levels Of Support And Resistance For CCI Stock
The 24-hour chart illustrates a support level at 100.54, which if violated will result in even more drops to 98.95. On the upside, there is a resistance level at 103.97. A further resistance level may holdings at 105.81. The Relative Strength Index (RSI) on the 14-day chart is 54.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.02, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 38.83%. Stochastics %K at 66.61% 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 2025-03-31, growing by 0.72 million shares to a total of 7.79 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 7.07 million shares. There was a rise of 9.26%, which implies that there is a positive sentiment for the stock.
