Rep. Bruce Westerman Sells Off Shares of Crown Castle Inc. (NYSE:CCI)

Posted by Lauren Steadman on May 14th, 2025

Representative Bruce Westerman (R-Arkansas) recently sold shares of Crown Castle Inc. (NYSE:CCI). In a filing disclosed on May 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Crown Castle stock on April 21st. The trade occurred in the Representative’s “FISHER IRA” account.

Representative Bruce Westerman also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of UniCredit (OTCMKTS:UNCRY) on 4/21/2025.
Sold $1,001 – $15,000 in shares of CSX (NASDAQ:CSX) on 4/21/2025.
Sold $1,001 – $15,000 in shares of Siemens Aktiengesellschaft (OTCMKTS:SIEGY) on 4/21/2025.
Sold $1,001 – $15,000 in shares of GSK (NYSE:GSK) on 4/21/2025.
Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 4/21/2025.
Sold $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 4/21/2025.
Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 4/21/2025.
Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 4/21/2025.
Sold $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 4/21/2025.
Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 4/21/2025.

Crown Castle Trading Down 2.1%

Shares of CCI stock opened at $98.35 on Wednesday. Crown Castle Inc. has a 1 year low of $84.20 and a 1 year high of $120.92. The firm has a market capitalization of $42.82 billion, a PE ratio of 34.88 and a beta of 0.93. The stock has a fifty day moving average of $101.64 and a two-hundred day moving average of $97.71. The company has a debt-to-equity ratio of 4.43, a quick ratio of 0.54 and a current ratio of 0.54.

Crown Castle (NYSE:CCI – Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The real estate investment trust reported $1.10 earnings per share for the quarter, missing the consensus estimate of $1.72 by ($0.62). The company had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.04 billion. Crown Castle had a return on equity of 20.98% and a net margin of 18.59%. The business’s revenue for the quarter was down 4.8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.72 EPS. As a group, research analysts expect that Crown Castle Inc. will post 6.67 EPS for the current year.

Crown Castle Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a dividend of $1.565 per share. This represents a $6.26 annualized dividend and a yield of 6.37%. The ex-dividend date was Friday, March 14th. Crown Castle’s payout ratio is currently -58.18%.

Institutional Trading of Crown Castle

A number of hedge funds have recently modified their holdings of CCI. Iron Horse Wealth Management LLC acquired a new position in Crown Castle during the first quarter valued at $26,000. Centerpoint Advisors LLC purchased a new position in Crown Castle during the 1st quarter valued at about $26,000. Opal Wealth Advisors LLC acquired a new position in shares of Crown Castle in the 1st quarter valued at about $26,000. Stone House Investment Management LLC acquired a new position in shares of Crown Castle in the 1st quarter valued at about $27,000. Finally, Twin Tree Management LP purchased a new stake in shares of Crown Castle in the fourth quarter worth approximately $25,000. Hedge funds and other institutional investors own 90.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on CCI. New Street Research upgraded shares of Crown Castle from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 1st. KeyCorp lifted their price target on Crown Castle from $120.00 to $122.00 and gave the company an “overweight” rating in a research report on Thursday, May 1st. Raymond James upgraded shares of Crown Castle from an “outperform” rating to a “strong-buy” rating and dropped their price target for the stock from $128.00 to $122.00 in a research report on Friday, March 14th. JMP Securities raised their price objective on shares of Crown Castle from $115.00 to $125.00 and gave the company a “market outperform” rating in a research report on Thursday, May 1st. Finally, Moffett Nathanson dropped their target price on shares of Crown Castle from $127.00 to $105.00 in a report on Thursday, January 23rd. Twelve investment analysts have rated the stock with a hold rating, six have issued a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $112.41.

Read Our Latest Stock Analysis on CCI

Insider Buying and Selling

In related news, VP Robert Sean Collins sold 3,600 shares of Crown Castle stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $106.72, for a total transaction of $384,192.00. Following the completion of the sale, the vice president now owns 6,465 shares of the company’s stock, valued at approximately $689,944.80. This trade represents a 35.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Edward B. Adams, Jr. sold 8,000 shares of the company’s stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $106.37, for a total value of $850,960.00. Following the completion of the transaction, the executive vice president now directly owns 20,528 shares in the company, valued at approximately $2,183,563.36. The trade was a 28.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 31,600 shares of company stock worth $3,362,752. 0.10% of the stock is owned by company insiders.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas’ 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas’ 4th Congressional District. He declared candidacy for the 2026 election.

Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

About Crown Castle

(Get Free Report)

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service – bringing information, ideas and innovations to the people and businesses that need them.