Clear Channel Outdoor Holdings Inc’s recent filing unveils that its 10% Owner MORENO ARTURO R acquired Company’s shares for reported $0.22 million on May 08 ’25. In the deal valued at $1.09 per share,200,000 shares were bought. As a result of this transaction, MORENO ARTURO R now holds 62,894,358 shares worth roughly $72.33 million.
Then, MORENO ARTURO R bought 169,658 shares, generating $186,624 in total proceeds. Upon buying the shares at $1.10, the 10% Owner now owns 63,064,016 shares.
Before that, MORENO ARTURO R bought 120,443 shares. Clear Channel Outdoor Holdings Inc shares valued at $131,283 were divested by the 10% Owner at a price of $1.09 per share. As a result of the transaction, MORENO ARTURO R now holds 62,694,358 shares, worth roughly $72.1 million.
Barrington Research downgraded its Clear Channel Outdoor Holdings Inc [CCO] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in mid September from “an Overweight” to “an Equal weight”. Wells Fargo also remained covering CCO and has increased its forecast on December 20, 2023 with a “an Overweight” recommendation from previously “an Equal weight” rating. Wells Fargo revised its rating on July 08, 2022. It rated CCO as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of CCO
On Monday, Clear Channel Outdoor Holdings Inc [NYSE:CCO] saw its stock jump 2.68% to $1.15. Over the last five days, the stock has gained 6.48%. Clear Channel Outdoor Holdings Inc shares have fallen nearly -16.06% since the year began. Nevertheless, the stocks have fallen -25.32% 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 $1.0878, while 200 days put it at $1.3929.
Levels Of Support And Resistance For CCO Stock
The 24-hour chart illustrates a support level at 1.1250, which if violated will result in even more drops to 1.1000. On the upside, there is a resistance level at 1.1750. A further resistance level may holdings at 1.2000. The Relative Strength Index (RSI) on the 14-day chart is 61.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0573, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 12.11%. Stochastics %K at 78.42% indicates the stock is a holding.
