Clear Channel Outdoor (NYSE:CCO) Sees Unusually-High Trading Volume – Time to Buy?

Posted by Brian Himes on Aug 26th, 2026

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO – Get Free Report) shares saw strong trading volume on Monday . 13,233,674 shares traded hands during mid-day trading, an increase of 78% from the previous session’s volume of 7,415,771 shares.The stock last traded at $2.3750 and had previously closed at $2.38.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of Clear Channel Outdoor from a “sell (d-)” rating to a “sell (d+)” rating in a research note on Thursday, August 6th. Four equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $2.29.

Read Our Latest Research Report on Clear Channel Outdoor

Clear Channel Outdoor Trading Up 0.6%

The stock has a market cap of $1.21 billion, a price-to-earnings ratio of -11.31 and a beta of 1.95. The stock has a fifty day simple moving average of $2.40 and a 200-day simple moving average of $2.39.

Clear Channel Outdoor (NYSE:CCO – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The business services provider reported ($0.01) EPS for the quarter, hitting analysts’ consensus estimates of ($0.01). The business had revenue of $438.04 million for the quarter, compared to analyst estimates of $423.62 million. Sell-side analysts forecast that Clear Channel Outdoor Holdings, Inc. will post -0.05 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Clear Channel Outdoor news, Director Raymond T. White sold 2,500,900 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $2.40, for a total value of $6,002,160.00. Following the sale, the director directly owned 91,003 shares in the company, valued at $218,407.20. This trade represents a 96.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Over the last ninety days, insiders have sold 26,239,967 shares of company stock valued at $62,975,921. 7.20% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Clear Channel Outdoor

Several large investors have recently added to or reduced their stakes in CCO. Dimensional Fund Advisors LP grew its stake in shares of Clear Channel Outdoor by 109.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 899,187 shares of the business services provider’s stock valued at $2,131,000 after purchasing an additional 469,876 shares during the period. Gamco Investors INC. ET AL lifted its position in shares of Clear Channel Outdoor by 11.8% during the 1st quarter. Gamco Investors INC. ET AL now owns 9,085,775 shares of the business services provider’s stock worth $21,533,000 after buying an additional 959,400 shares during the period. Capula Management Ltd acquired a new stake in Clear Channel Outdoor in the 1st quarter valued at $2,200,000. Sentinel Dome Partners LLC acquired a new stake in Clear Channel Outdoor in the 4th quarter valued at $3,470,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. grew its position in Clear Channel Outdoor by 1,282.3% in the first quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 760,280 shares of the business services provider’s stock valued at $1,802,000 after acquiring an additional 705,280 shares during the period. Institutional investors and hedge funds own 85.52% of the company’s stock.

About Clear Channel Outdoor

(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.