Stock Track | CCO Soars 10.48% After-Hours on Director's $1M Stock Purchase

Stock Track

Mar 04, 2025

Shares of Clear Channel Outdoor Holdings Inc (CCO) surged 10.48% in after-hours trading on Monday, following a disclosure that one of the company's directors made a significant purchase of its common stock.

According to a regulatory filing, CCO director Benjamin Moreland bought 800,000 shares of the company's stock on February 28th for around $1 million. Such major insider purchases are often viewed as a positive signal by investors, reflecting the insider's confidence in the company's prospects.

Clear Channel Outdoor is one of the world's largest outdoor advertising companies, operating billboards, street furniture displays, and other out-of-home advertising displays across the Americas, Europe, and other international markets. The company's recent performance and future outlook will likely be parsed closely following this insider stock purchase.

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Such major insider purchases are often viewed as a positive signal by investors, reflecting the insider's confidence in the company's prospects.</p>\n\n<p>Clear Channel Outdoor is one of the world's largest outdoor advertising companies, operating billboards, street furniture displays, and other out-of-home advertising displays across the Americas, Europe, and other international markets. The company's recent performance and future outlook will likely be parsed closely following this insider stock purchase.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CCO","symbol_name":"Clear Channel Outdoor Holdings","start_time":0,"source_url":"","article_id":"1116193957","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1116193957","pubTimestamp":1741040908,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Clear Channel Outdoor Holdings Inc  surged 10.48% in after-hours trading on Monday, following a disclosure that one of the company's directors made a significant purchase of its common stock.According to a regulatory filing, CCO director Benjamin Moreland bought 800,000 shares of the company's stock on February 28th for around $1 million. 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