Clear Channel Outdoor Holdings Inc’s filing revealed that its 10% Owner MORENO ARTURO R acquired Company’s shares for reported $0.38 million on May 30 ’25. In the deal valued at $1.07 per share,358,187 shares were bought. As a result of this transaction, MORENO ARTURO R now holds 63,845,537 shares worth roughly $72.78 million.
Then, MORENO ARTURO R bought 250,000 shares, generating $265,000 in total proceeds. Upon buying the shares at $1.06, the 10% Owner now owns 64,095,537 shares.
Before that, MORENO ARTURO R bought 23,334 shares. Clear Channel Outdoor Holdings Inc shares valued at $24,734 were divested by the 10% Owner at a price of $1.06 per share. As a result of the transaction, MORENO ARTURO R now holds 63,487,350 shares, worth roughly $72.38 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 Friday, Clear Channel Outdoor Holdings Inc [NYSE:CCO] saw its stock jump 4.59% to $1.14. Over the last five days, the stock has gained 6.54%. Clear Channel Outdoor Holdings Inc shares have fallen nearly -16.79% since the year began. Nevertheless, the stocks have fallen -18.57% 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 $1.0610, while 200 days put it at $1.3603.
Levels Of Support And Resistance For CCO Stock
The 24-hour chart illustrates a support level at 1.0947, which if violated will result in even more drops to 1.0493. On the upside, there is a resistance level at 1.1777. A further resistance level may holdings at 1.2153. The Relative Strength Index (RSI) on the 14-day chart is 57.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0074, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 35.29%. Stochastics %K at 42.91% indicates the stock is a holding.
