Rep. Michael A. Rulli Sells Crown Castle Inc. (NYSE:CCI) Shares

Key Points

• Rep. Michael A. Rulli sold Crown Castle shares valued between $1,001 and $15,000 on August 6 through a Merrill Lynch managed account. He has also recently traded shares of major technology and pharmaceutical companies.
• Crown Castle shares opened at $73.57, down 2.7%, and remain near their one-year low of $69.72. The company announced a quarterly dividend of $1.0625 per share, equivalent to an annualized $4.25 payout and a 5.8% yield.
• Analysts maintain a generally positive but cautious outlook, with Crown Castle carrying a consensus “Moderate Buy” rating and a $95.13 price target. Institutional investors own approximately 90.77% of the company.

Representative Michael A. Rulli (Republican-Ohio) recently sold shares of Crown Castle Inc. NYSE: CCI. In a filing disclosed on August 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Crown Castle stock on August 6th. The trade occurred in the Representative's "MERRILL LYNCH MANAGED ACCOUNT" account.

Representative Michael A. Rulli also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 7/1/2026.
• Purchased $1,001 - $15,000 in shares of KLA NASDAQ: KLAC on 7/1/2026.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 6/29/2026.
• Purchased $1,001 - $15,000 in shares of Micron Technology NASDAQ: MU on 6/25/2026.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 6/25/2026.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 6/25/2026.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 6/25/2026.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 6/25/2026.
• Sold $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 6/25/2026.

Crown Castle Stock Down 2.7%

NYSE:CCI opened at $73.57 on Tuesday. Crown Castle Inc. has a 1-year low of $69.72 and a 1-year high of $104.64. The stock has a fifty day simple moving average of $80.97 and a 200 day simple moving average of $84.84. The firm has a market capitalization of $32.11 billion, a price-to-earnings ratio of 37.35, a price-to-earnings-growth ratio of 0.40 and a beta of 0.95.

Crown Castle Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a dividend of $1.0625 per share. This represents a $4.25 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date is Tuesday, September 15th. Crown Castle's dividend payout ratio (DPR) is presently 215.74%.

Institutional Trading of Crown Castle

A number of large investors have recently added to or reduced their stakes in the company. Wiser Advisor Group LLC acquired a new position in Crown Castle in the 3rd quarter valued at about $29,000. Triumph Capital Management acquired a new stake in shares of Crown Castle in the 3rd quarter valued at $31,000. Hilton Head Capital Partners LLC raised its stake in Crown Castle by 55.6% during the first quarter. Hilton Head Capital Partners LLC now owns 375 shares of the real estate investment trust's stock worth $31,000 after acquiring an additional 134 shares in the last quarter. Salomon & Ludwin LLC increased its position in Crown Castle by 128.7% during the 4th quarter. Salomon & Ludwin LLC now owns 382 shares of the real estate investment trust's stock worth $34,000 after purchasing an additional 215 shares in the last quarter. Finally, MV Capital Management Inc. acquired a new position in shares of Crown Castle during the fourth quarter worth $34,000. Institutional investors and hedge funds own 90.77% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Wall Street Zen raised shares of Crown Castle from a "sell" rating to a "hold" rating in a research report on Saturday, May 16th. Jefferies Financial Group decreased their price objective on shares of Crown Castle from $88.00 to $82.00 and set a "hold" rating on the stock in a report on Wednesday, July 15th. The Goldman Sachs Group began coverage on shares of Crown Castle in a research note on Friday, June 26th. They issued a "neutral" rating and a $95.00 target price on the stock. Wolfe Research lowered Crown Castle from an "outperform" rating to a "peer perform" rating in a research note on Wednesday, May 20th. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Crown Castle in a research note on Friday, May 22nd. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat, Crown Castle presently has a consensus rating of "Moderate Buy" and a consensus price target of $95.13.

Insider Transactions at Crown Castle

In related news, VP Robert Sean Collins sold 1,500 shares of the company's stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $75.89, for a total value of $113,835.00. Following the sale, the vice president directly owned 5,113 shares in the company, valued at $388,025.57. This represents a 22.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.09% of the stock is currently owned by company insiders.

About Representative Rulli

Michael Rulli (Republican Party) is a member of the U.S. House, representing Ohio's 6th Congressional District. He assumed office on June 25, 2024. His current term ends on January 3, 2027. Rulli (Republican Party) is running for re-election to the U.S. House to represent Ohio's 6th Congressional District. He declared candidacy for the 2026 election. Michael Rulli graduated from Poland Seminary High School. He earned a degree from Emerson College. Rulli's career experience includes working as the director of operations with Rulli Bros. Markets.

About Crown Castle

Crown Castle is a U.S.-focused communications infrastructure company organized as a real estate investment trust (REIT) that owns, operates and leases shared wireless infrastructure. Its primary business consists of providing tower-based site leases, small cell networks and fiber solutions that support mobile voice and data transmission for wireless carriers, cable companies and other enterprise customers. The company's assets are positioned to enable network coverage and capacity, including the densification projects associated with 4G LTE and 5G deployments.

Its product and service offerings include ground-based tower sites that host multiple wireless operators, distributed small cell nodes and associated fiber backhaul used to connect sites into carrier networks, and site development and maintenance services.

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