Crown Castle CEO sells 100,000 shares near all-time high, Barron's reports On April 30, Crown Castle International's (CCI) President and CEO W. Benjamin Moreland sold 100,000 shares for $5.655M, or an average of $56.55 each. This is his first straightforward sale of the wireless-tower company's stock since November 2005 when he sold 25,000 shares. Moreland directly owns a stake of less than 1%. Reference Link
Crown Castle downgraded to Perform from Outperform at Oppenheimer Oppenheimer downgraded Crown Castle as the firm expects the company to be negatively impacted by more disciplined capex spending by the carriers.