BofA Securities gives a Buy recommendation for American Tower Corp (AMT)

American Tower Corp’s filing revealed that its EVP & President, Asia-Pacific Goel Sanjay unloaded Company’s shares for reported $0.86 million on Mar 17 ’25. In the deal valued at $215.92 per share,4,000 shares were sold. As a result of this transaction, Goel Sanjay now holds 25,408 shares worth roughly $5.75 million.

Then, Goel Sanjay bought 4,000 shares, generating $863,680 in total proceeds.

Before that, Meyer Robert Joseph JR sold 2,939 shares. American Tower Corp shares valued at $594,207 were divested by the SVP & Chief Accounting Officer at a price of $202.18 per share. As a result of the transaction, Meyer Robert Joseph JR now holds 26,210 shares, worth roughly $5.94 million.

Wells Fargo also remained covering AMT and has increased its forecast on March 17, 2025 with a “an Overweight” recommendation from previously “an Equal weight” rating. JMP Securities started covering the stock on January 27, 2025. It rated AMT as “a Mkt outperform”.

Price Performance Review of AMT

On Monday, American Tower Corp [NYSE:AMT] saw its stock jump 0.77% to $226.5. Over the last five days, the stock has gained 2.13%. American Tower Corp shares have risen nearly 6.28% since the year began. Nevertheless, the stocks have risen 23.49% over the past one year.

How much short interest is there in American Tower Corp?

A steep rise in short interest was recorded in American Tower Corp stocks on 2025-06-13, growing by 0.32 million shares to a total of 6.48 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 6.16 million shares. There was a rise of 5.0%, which implies that there is a positive sentiment for the stock.

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