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Clear Channel Outdoor Holdings,10% owner buys 1.1 million dollars in stock.
Arturo R. Moreno, a 10% owner of Clear Channel Outdoor Holdings, Inc. (NYSE:CCO), has significantly increased his stake in the company through recent stock purchases. On April 16 and April 17, Moreno acquired a total of 1,186,093 shares of common stock. The purchases were executed at prices ranging from $0.93 to $0.95 per share, amounting to a total investment of approximately $1,107,175. According to InvestingPro data, this insider buying comes as the stock has declined nearly 40% over the past
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