SBA Communications Co. (NASDAQ:SBAC) has experienced significant activity from multiple institutional investors. Despite a drop of 2.2% since the last earnings report, Jackson Square Partners increased its stake, as did Envestnet Portfolio Solutions, Vanguard Group, iA Global Asset Management, and Natixis Advisors. However, shares were sold by American Century Companies, M.D. Sass, UniSuper Management Pty, Trillium Asset Management, Motley Fool Wealth Management, and Renasant Bank, among others. The company declared a quarterly cash dividend and shows strong domestic growth in Q4 2024 earnings. Their 2025 outlook indicates sustained positive performance. A downgrade does note the existence of headwinds, but the potential for growth remains in place. Notably, there was a significant stock sale by an SBA director, which was considered a strategic move. The company outperformed competitors on a strong trading day, even though EPS in Q4 2024 earnings missed estimates.
Sba Communications Corp SBAC News Analytics from Mon, 07 Oct 2024 07:00:00 GMT to Sun, 30 Mar 2025 01:12:59 GMT -
Rating 3
- Innovation 2
- Information 7
- Rumor -4
