One Clear Channel Outdoor Holdings Insider Raised Stake By 120% In Previous Year

Viewing insider transactions for Clear Channel Outdoor Holdings, Inc.'s (NYSE:CCO ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

View our latest analysis for Clear Channel Outdoor Holdings

The Last 12 Months Of Insider Transactions At Clear Channel Outdoor Holdings

Over the last year, we can see that the biggest insider purchase was by insider Arturo Moreno for US$11m worth of shares, at about US$1.22 per share. Even though the purchase was made at a significantly lower price than the recent price (US$1.57), we still think insider buying is a positive. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Arturo Moreno bought a total of 26.10m shares over the year at an average price of US$1.07. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Clear Channel Outdoor Holdings is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Clear Channel Outdoor Holdings Boast High Insider Ownership?

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that Clear Channel Outdoor Holdings insiders own 8.9% of the company, worth about US$67m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Does This Data Suggest About Clear Channel Outdoor Holdings Insiders?

The fact that there have been no Clear Channel Outdoor Holdings insider transactions recently certainly doesn't bother us. However, our analysis of transactions over the last year is heartening. Insiders do have a stake in Clear Channel Outdoor Holdings and their transactions don't cause us concern. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Our analysis shows 2 warning signs for Clear Channel Outdoor Holdings (1 makes us a bit uncomfortable!) and we strongly recommend you look at these before investing.

Of course Clear Channel Outdoor Holdings may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.