SBA Communications (NASDAQ:SBAC) Shares Unloaded Rep. Lisa C. McClain

Representative Lisa C. McClain (R-Michigan) recently sold shares of SBA Communications Corporation (NASDAQ:SBAC). In a filing disclosed on October 22nd, the Representative disclosed that they had sold between $1,001 and $15,000 in SBA Communications stock on September 25th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.

Representative Lisa C. McClain also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of FMC (NYSE:FMC) on 9/25/2025.
• Sold $1,001 – $15,000 in shares of Merit Medical Systems (NASDAQ:MMSI) on 9/25/2025.
• Purchased $1,001 – $15,000 in shares of Darden Restaurants (NYSE:DRI) on 9/25/2025.
• Purchased $1,001 – $15,000 in shares of ASML (NASDAQ:ASML) on 9/25/2025.
• Purchased $1,001 – $15,000 in shares of Kenvue (NYSE:KVUE) on 9/25/2025.
• Sold $1,001 – $15,000 in shares of Beacon Financial (NYSE:BBT) on 9/25/2025.
• Sold $1,001 – $15,000 in shares of British American Tobacco (NYSE:BTI) on 9/25/2025.
• Purchased $1,001 – $15,000 in shares of Rollins (NYSE:ROL) on 9/25/2025.
• Purchased $1,001 – $15,000 in shares of SAP (NYSE:SAP) on 9/25/2025.
• Purchased $1,001 – $15,000 in shares of MGP Ingredients (NASDAQ:MGPI) on 9/25/2025.

SBA Communications Price Performance

Shares of NASDAQ SBAC opened at $198.68 on Friday. SBA Communications Corporation has a one year low of $185.45 and a one year high of $247.04. The business’s fifty day moving average price is $199.49 and its 200-day moving average price is $219.01. The stock has a market capitalization of $21.33 billion, a PE ratio of 25.25, a P/E/G ratio of 2.07 and a beta of 0.82.

SBA Communications (NASDAQ:SBAC) last issued its quarterly earnings results on Monday, August 4th. The technology company reported $3.17 EPS for the quarter, beating analysts’ consensus estimates of $3.10 by $0.07. SBA Communications had a negative return on equity of 16.83% and a net margin of 31.19%.The firm had revenue of $698.98 million for the quarter, compared to analysts’ expectations of $670.73 million. During the same quarter in the prior year, the firm earned $3.29 EPS. The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. SBA Communications has set its FY 2025 guidance at EPS. As a group, equities analysts expect that SBA Communications Corporation will post 12.57 EPS for the current fiscal year.

SBA Communications Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, August 21st were given a dividend of $1.11 per share. This represents a $4.44 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Thursday, August 21st. SBA Communications’s dividend payout ratio is currently 56.42%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Warwick Investment Management Inc. purchased a new position in shares of SBA Communications in the 3rd quarter valued at approximately $329,000. Legacy Trust increased its position in SBA Communications by 0.8% during the 3rd quarter. Legacy Trust now owns 10,949 shares of the technology company’s stock valued at $2,117,000 after buying an additional 90 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in SBA Communications by 4.1% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 14,808 shares of the technology company’s stock valued at $2,863,000 after buying an additional 584 shares in the last quarter. Oregon Public Employees Retirement Fund increased its position in SBA Communications by 33.0% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 12,273 shares of the technology company’s stock valued at $2,373,000 after buying an additional 3,045 shares in the last quarter. Finally, Lecap Asset Management Ltd. bought a new position in SBA Communications during the 3rd quarter valued at approximately $202,000. Hedge funds and other institutional investors own 97.35% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Bank of America cut SBA Communications from a “buy” rating to a “neutral” rating and dropped their price target for the company from $260.00 to $230.00 in a research report on Wednesday, August 27th. Royal Bank Of Canada decreased their price objective on SBA Communications from $255.00 to $235.00 and set an “outperform” rating on the stock in a research note on Thursday, October 2nd. KeyCorp decreased their price objective on SBA Communications from $280.00 to $235.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 17th. Wells Fargo & Company decreased their price objective on SBA Communications from $235.00 to $215.00 and set an “equal weight” rating on the stock in a research note on Monday. Finally, Barclays decreased their price objective on SBA Communications from $257.00 to $226.00 and set an “overweight” rating on the stock in a research note on Monday, September 15th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $242.40.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

SBA Communications Company Profile

SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. With a portfolio of more than 39,000 communications sites throughout the Americas, Africa and in Asia, SBA is listed on NASDAQ under the symbol SBAC.