SBA Communications Corp’s recently made public that its Director LANGER JACK unloaded Company’s shares for reported $1.2 million on May 01 ’25. In the deal valued at $240.59 per share,5,000 shares were sold. As a result of this transaction, LANGER JACK now holds 10,522 shares worth roughly $2.49 million.
Then, LANGER JACK bought 5,000 shares, generating $1,211,525 in total proceeds.
Before that, KOENIG JOSHUA sold 2,209 shares. SBA Communications Corp shares valued at $495,214 were divested by the EXECUTIVE VP/GENERAL COUNSEL at a price of $224.18 per share. As a result of the transaction, KOENIG JOSHUA now holds 6,079 shares, worth roughly $1.44 million.
Deutsche Bank downgraded its SBA Communications Corp [SBAC] rating to a Hold from a a Buy in a research note published recently. JMP Securities started covering the stock on January 27, 2025. It rated SBAC as “a Mkt outperform”.
Price Performance Review of SBAC
On Tuesday, SBA Communications Corp [NASDAQ:SBAC] saw its stock jump 1.06% to $236.6. Over the last five days, the stock has gained 2.82%. SBA Communications Corp shares have risen nearly 24.02% since the year began. Nevertheless, the stocks have risen 16.09% over the past one year. While a 52-week high of $252.64 was reached on 05/06/25, a 52-week low of $187.06 was recorded on 01/10/25.
Levels Of Support And Resistance For SBAC Stock
The 24-hour chart illustrates a support level at 233.14, which if violated will result in even more drops to 229.68. On the upside, there is a resistance level at 238.74. A further resistance level may holdings at 240.88.
How much short interest is there in SBA Communications Corp?
A steep rise in short interest was recorded in SBA Communications Corp stocks on 2025-05-30, dropping by -0.21 million shares to a total of 2.76 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 2.98 million shares. There was a decline of -7.79%, which implies that there is a negative sentiment for the stock.
