Clear Channel Outdoor (NYSE:CCO) Director Sells $6,002,160.00 in Stock

Posted by Geri Gentry on Jun 17th, 2026

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO – Get Free Report) Director Raymond White sold 2,500,900 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $2.40, for a total transaction of $6,002,160.00. Following the sale, the director owned 91,003 shares in the company, valued at approximately $218,407.20. The trade was a 96.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Clear Channel Outdoor Stock Performance

Shares of NYSE:CCO traded down $0.01 during trading on Wednesday, reaching $2.41. 6,784,801 shares of the stock traded hands, compared to its average volume of 6,860,720. The stock has a 50-day moving average of $2.39 and a two-hundred day moving average of $2.28. Clear Channel Outdoor Holdings, Inc. has a 52-week low of $1.00 and a 52-week high of $2.43. The stock has a market cap of $1.22 billion, a P/E ratio of -13.36 and a beta of 1.96.

Clear Channel Outdoor (NYSE:CCO – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The business services provider reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.01). The firm had revenue of $373.86 million for the quarter, compared to analysts’ expectations of $348.71 million. Sell-side analysts expect that Clear Channel Outdoor Holdings, Inc. will post -0.04 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on CCO shares. Weiss Ratings restated a “sell (d-)” rating on shares of Clear Channel Outdoor in a report on Friday, March 27th. Wells Fargo & Company raised their target price on shares of Clear Channel Outdoor from $2.00 to $2.43 and gave the stock an “equal weight” rating in a report on Friday, February 27th. Finally, TD Cowen restated a “hold” rating and issued a $2.43 target price (down from $2.50) on shares of Clear Channel Outdoor in a report on Monday, April 6th. Five investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $2.29.

View Our Latest Report on Clear Channel Outdoor

Institutional Investors Weigh In On Clear Channel Outdoor

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. 140 Summer Partners LP purchased a new stake in Clear Channel Outdoor in the fourth quarter worth about $8,806,000. Barclays PLC increased its position in Clear Channel Outdoor by 3,017.0% in the third quarter. Barclays PLC now owns 4,109,743 shares of the business services provider’s stock worth $6,493,000 after buying an additional 3,977,895 shares in the last quarter. Occam Crest Management LP increased its position in Clear Channel Outdoor by 423.7% in the fourth quarter. Occam Crest Management LP now owns 3,404,300 shares of the business services provider’s stock worth $7,524,000 after buying an additional 2,754,300 shares in the last quarter. Marshall Wace LLP purchased a new stake in Clear Channel Outdoor in the fourth quarter worth about $5,925,000. Finally, EVR Research LP purchased a new stake in Clear Channel Outdoor in the third quarter worth about $3,950,000. Hedge funds and other institutional investors own 85.52% of the company’s stock.

Clear Channel Outdoor Company Profile

(Get Free Report)

Clear Channel Outdoor Holdings, Inc (NYSE: CCO) is a global leader in out-of-home advertising, offering a wide range of static and digital displays across high-traffic environments. The company’s portfolio encompasses traditional roadside billboards, street furniture panels, transit advertising on buses and rail systems, and rapidly expanding digital networks. By combining broad geographic reach with state-of-the-art digital technology, Clear Channel Outdoor enables brands to engage consumers at key moments during their daily journeys.

Founded as a spin-off from Clear Channel Communications in 2005, Clear Channel Outdoor traces its origins to the early development of outdoor advertising in North America.