Arturo Moreno Makes Major Move with Clear Channel Outdoor Stock Purchase

New insider activity at Clear Channel Outdoor ( (CCO) ) has taken place on May 13, 2025.

Significant shareholder Arturo Moreno has made a notable investment by purchasing 369,658 shares of Clear Channel Outdoor stock, valued at $404,623.

Recent Updates on CCO stock

In the latest developments, Clear Channel Outdoor (CCO) announced the sale of its Brazilian business to Publibanca Brasil S.A. for approximately $14 million, pending regulatory approval. This move aligns with the company’s strategy to optimize its portfolio by focusing on its America and Airports segments, having already divested its Latin American businesses. The recent Q1 earnings call revealed a 2.2% increase in consolidated revenue, driven by growth in these segments, despite a 12.5% decline in adjusted EBITDA due to increased operating expenses and strategic investments. The company has successfully reduced its interest expenses and corporate expenses, improving its financial resilience. However, challenges remain, particularly in the Airports segment, which saw a 25% decline in adjusted EBITDA. Analysts have noted the company’s financial instability and negative profitability, but strategic asset sales are seen as a positive step towards improving market focus and liquidity.

Spark’s Take on CCO Stock

According to Spark, TipRanks’ AI Analyst, CCO is a Neutral.

Clear Channel Outdoor’s stock score is primarily affected by its financial instability, including negative net income and high leverage. While there is some optimism from the earnings call regarding revenue growth and strategic initiatives, the technical indicators show only modest positive momentum. Valuation remains a concern due to the lack of profitability and no dividend yield.

To see Spark’s full report on CCO stock, click here.

More about Clear Channel Outdoor

YTD Price Performance: -20.0%

Average Trading Volume: 2,033,708

Technical Sentiment Signal: Sell

Current Market Cap: $556.3M