Crown Castle International Corporation (CCI) : On Tuesday, The money flowed into the Crown Castle International Corporation (CCI) stock with an uptick to downtick ratio was recorded at 1.21. Transactions worth $72.46 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $59.79 million. The total money flow into the stock was $12.66 million. The block trades reveal a bullish bias with an up-down ratio of 3.69. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $22.32 million of block transactions on upticks. The value of block trades on downticks was $6.05 million, indicating lower selling interest. The total money flow in block trades was $16.27 million. In terms of price action, Crown Castle International Corporation (CCI) traded down $1.66 during the session at $100.54. Compared to the previous days closing, the stock was down only by -1.62%. For the week, the stock is -0.63%, over previous weeks closing.
The company Insiders own 0.73% of Crown Castle International Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -33.07% . Institutional Investors own 94.93% of Crown Castle International Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -33.07%. In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the officer (SVP and General Counsel) of Crown Castle International Corp, Simon Kenneth Jay had purchased shares worth of $14,802 in a transaction dated on May 5, 2016. A total of 168 shares were purchased at a price of $88.11 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Crown Castle International Corp. has dropped 2.35% in the last five trading days, however, the shares have posted positive gains of 7.41% in the last 4 weeks. Crown Castle International Corp. is up 15.31% in the last 3-month period. Year-to-Date the stock performance stands at 18.18%.
Crown Castle International Corporation (NYSE:CCI): On Tuesdays trading session , Opening price of the stock was $100.27 with an intraday high of $100.54. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $99.03. However, the stock managed to close at $100.15, a loss of 0.39% for the day. On the previous day, the stock had closed at $100.54. The total traded volume of the day was 4,042,242 shares.
Crown Castle International Corp. (CCIC) is a real estate investment trust (REIT) company. The Company owns, operates and leases shared wireless infrastructure, including towers and other structures, such as rooftops (towers), and to a lesser extent, distributed antenna systems (DAS), a type of small cell network (small cells), and interests in land under third party towers in various forms (third party land interests). Its core business is renting space or physical capacity (collectively, space) on its towers, DAS and, to a lesser extent, third party land interests (collectively, site rental business) through long-term contracts in various forms, including license, sublease and lease agreements (collectively, contracts). The Company conducts its operations principally through subsidiaries of (CCOC), including certain subsidiaries, which operate its wireless infrastructure portfolios in the United States, including Puerto Rico (CCUSA).