The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. SBA Communications Corp shares valued at $1,202,932 were sold by LANGER JACK on May 01 ’25. At $240.59 per share, LANGER JACK sold 5,000 shares. The insider’s holdings dropped to 10,522 shares worth approximately $2.4 million following the completion of this transaction.
Also, LANGER JACK purchased 5,000 shares, netting a total of over 1,211,525 in proceeds.
Before that, KOENIG JOSHUA had sold 2,209 shares from its account. In a trade valued at $495,214, the EXECUTIVE VP/GENERAL COUNSEL traded SBA Communications Corp shares for $224.18 each. Upon closing the transaction, the insider’s holdings decreased to 2,209 shares, worth approximately $1.39 million.
As published in a research note from Deutsche Bank on May 20, 2025, SBA Communications Corp [SBAC] has been rated down from a Buy to a Hold and the price target has been revised to $247. Earlier on January 27, 2025, JMP Securities initiated its rating. Their recommendation was “a Mkt outperform” for SBAC stock.
Analyzing SBAC Stock Performance
During the last five days, there has been a drop of approximately -0.36%. Over the course of the year, SBA Communications Corp shares have jumped approximately 12.01%. Shares of the company reached a 52-week high of $245.16 on 05/06/25 and a 52-week low of $192.55 on 01/10/25.
Support And Resistance Levels for SBA Communications Corp (SBAC)
According to the 24-hour chart, there is a support level at 225.42, which, if violated, would cause prices to drop to 222.56. In the upper region, resistance lies at 231.10. The next price resistance is at 233.92. RSI (Relative Strength Index) is 47.66 on the 14-day chart, showing neutral technical sentiment.
