SBAC
SBA COMMUNICATIONS CORP
$204.79
+0.56%
$21.7B
No data for this timeframe.
Vol
Market Cap$21.7B
Cap SizeLarge Cap
Analyst ConsensusBuy (59%)
Inst. Holders50 funds
Inst. Value$12.3B
Inst. Activity27 buys / 23 sells
Reddit Sentiment67° Warm
Congressional1 trades
Recent Activity
May 22, 2026
Insider
Chan Mary S was granted 1,108 shares
Director
May 22, 2026
Insider
BEEBE KEVIN L was granted 1,108 shares
Director
May 22, 2026
Insider
Krouse George R Jr was granted 1,108 shares
Director
Inst.
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP — ADD
1,615,054 shares ($278.0M)
Inst.
Mitsubishi UFJ Trust & — ADD
1,074,795 shares ($185.0M)
Jun 3, 2026
short_volume
Short Volume: SBAC — 55.2% short (0.4M / 0.7M)
Short: 400,858 | Exempt: 310 | TRF Vol: 725,959 | Short Ratio: 55.2% | Off-exchange volume (dark poo
Jan 9, 2026
Congress
Gilbert Cisneros sell
$1,001 - $15,000 — House
Price Targets
$235.10
+14.8% upside
Buy
Current $204.79
Low $200.00
Median $230.00
High $280.00
20 analysts
$200.00
$280.00
Analyst Ratings
4Strong Buy
12Buy
11Hold
0Sell
0Strong Sell
Recent Analyst Actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| May 5, 2026 | Barclays | MAINTAIN | Overweight → Overweight |
| May 5, 2026 | Truist Securities | REITERATE | Buy → Buy |
| May 1, 2026 | Scotiabank | MAINTAIN | Sector Perform → Sector Perform |
| Apr 30, 2026 | Keybanc | MAINTAIN | Overweight → Overweight |
| Apr 22, 2026 | Truist Securities | UPGRADE | Hold → Buy |
Earnings Estimates
| Period | EPS Est. | Range | Growth | # |
|---|---|---|---|---|
| Current Q | $1.94 ▲ +7.6% | $1.70 — $2.35 | -7% YoY | 10 |
| Next Q | $2.05 ▲ +4.1% | $1.87 — $2.39 | -7% YoY | 10 |
| Current FY | $7.72 ▲ +3.9% | $7.24 — $9.63 | -21% YoY | 10 |
| Next FY | $8.11 ▲ +1.6% | $7.02 — $8.83 | 5% YoY | 9 |
Top Institutional Holders
| Fund | Value | Move |
|---|---|---|
| DODGE & COX | $2.1B | — |
| BlackRock, Inc. | $1.7B | — |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1.7B | — |
| VANGUARD CAPITAL MANAGEMENT LLC | $1.2B | — |
| STATE STREET CORP | $853.9M | — |
Recent Insider Trades
| Date | Insider | Type | Value |
|---|---|---|---|
| May 22, 2026 | Chan Mary | A | $0.00 |
| May 22, 2026 | BEEBE KEVIN | A | $0.00 |
| May 22, 2026 | Krouse George | A | $0.00 |
| May 22, 2026 | LANGER JACK | A | $0.00 |
| May 22, 2026 | BERNSTEIN STEVEN | A | $0.00 |
Reddit Sentiment
67°
Warm
Bearish
Neutral
Bullish
Congressional Trades
1 members: 0 buys, 1 sells
| Member | Party | Type | Amount |
|---|---|---|---|
| Gilbert Cisneros | D | SELL | $1,001 - $15,000 |
50 institutional holders with $12.3B total value (71,752,218 shares) as of 2026-Q1. Top holders: DODGE, BlackRock,, VANGUARD. Net buying activity: 27 institutions added/increased vs 23 reduced.
Top Institutional Holders — 2026-Q1
| # | Fund | Shares | Value | % of Tracked | Last Move |
|---|---|---|---|---|---|
| 1 | DODGE & COX | 12,080,284 | $2.1B | 16.8% | — |
| 2 | BlackRock, Inc. | 10,117,027 | $1.7B | 14.1% | — |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 9,706,096 | $1.7B | 13.5% | — |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 6,924,961 | $1.2B | 9.7% | — |
| 5 | STATE STREET CORP | 4,961,564 | $853.9M | 6.9% | — |
| 6 | Invesco Ltd. | 1,963,968 | $338.0M | 2.7% | — |
| 7 | DIAMOND HILL CAPITAL MANAGEMENT INC | 1,934,471 | $332.9M | 2.7% | — |
| 8 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1,615,054 | $278.0M | 2.3% | ADD +47.8% |
| 9 | DIMENSIONAL FUND ADVISORS LP | 1,612,785 | $277.6M | 2.2% | — |
| 10 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1,577,850 | $271.6M | 2.2% | — |
| 11 | Legal & General Group Plc | 1,507,591 | $259.5M | 2.1% | — |
| 12 | NORDEA INVESTMENT MANAGEMENT AB | 1,265,463 | $214.0M | 1.7% | — |
| 13 | MORGAN STANLEY | 1,117,129 | $192.3M | 1.6% | — |
| 14 | Mitsubishi UFJ Trust & Banking Corp | 1,074,795 | $185.0M | 1.5% | ADD +29.7% |
| 15 | AMERIPRISE FINANCIAL INC | 1,010,258 | $173.9M | 1.4% | — |
| 16 | BANK OF AMERICA CORP /DE/ | 1,005,366 | $173.0M | 1.4% | ADD +41.7% |
| 17 | GOLDMAN SACHS GROUP INC | 944,322 | $162.5M | 1.3% | — |
| 18 | CANADA PENSION PLAN INVESTMENT BOARD | 907,828 | $156.2M | 1.3% | — |
| 19 | EARNEST PARTNERS LLC | 784,102 | $135.0M | 1.1% | — |
| 20 | Woodline Partners LP | 765,486 | $131.7M | 1.1% | DOUBLED +38856.0% |
Recent Position Changes
| Fund | Action | Prev Shares | Curr Shares | Change % | Value | Quarter |
|---|---|---|---|---|---|---|
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | ADD | 1,092,612 | 1,615,054 | +47.8% | $278.0M | 2026-Q1 |
| Mitsubishi UFJ Trust & Banking Corp | ADD | 828,733 | 1,074,795 | +29.7% | $185.0M | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ | ADD | 709,639 | 1,005,366 | +41.7% | $173.0M | 2026-Q1 |
| Woodline Partners LP | DOUBLED | 1,965 | 765,486 | +38856.0% | $131.7M | 2026-Q1 |
| DEUTSCHE BANK AG\ | TRIM | 1,590,129 | 479,215 | -69.9% | $82.5M | 2026-Q1 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | DOUBLED | 154,381 | 338,553 | +119.3% | $58.3M | 2026-Q1 |
| Russell Investments Group, Ltd. | TRIM | 398,154 | 285,620 | -28.3% | $49.1M | 2026-Q1 |
| Nuveen, LLC | TRIM | 560,811 | 234,524 | -58.2% | $40.4M | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | ADD | 144,212 | 209,290 | +45.1% | $36.0M | 2026-Q1 |
| Clearbridge Investments, LLC | TRIM | 384,521 | 199,545 | -48.1% | $34.3M | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL | NEW | — | 160,101 | — | $27.6M | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP | NEW | — | 136,886 | — | $23.6M | 2026-Q1 |
| LAZARD ASSET MANAGEMENT LLC | TRIM | 248,476 | 120,462 | -51.5% | $20.7M | 2026-Q1 |
| UniSuper Management Pty Ltd | TRIM | 151,248 | 112,752 | -25.5% | $19.4M | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ | ADD | 69,328 | 99,138 | +43.0% | $17.1M | 2026-Q1 |
| BNP Paribas Asset Management Holding S.A. | DOUBLED | 42,036 | 92,206 | +119.4% | $15.9M | 2026-Q1 |
| LMR Partners LLP | NEW | — | 88,266 | — | $15.2M | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. | TRIM | 103,466 | 76,385 | -26.2% | $13.1M | 2026-Q1 |
| MACKENZIE FINANCIAL CORP | ADD | 30,246 | 58,268 | +92.6% | $10.0M | 2026-Q1 |
| TEACHER RETIREMENT SYSTEM OF TEXAS | DOUBLED | 20,657 | 55,621 | +169.3% | $9.6M | 2026-Q1 |
| FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND | ADD | 32,406 | 54,956 | +69.6% | $9.5M | 2026-Q1 |
| CAPITAL FUND MANAGEMENT S.A. | ADD | 29,074 | 51,341 | +76.6% | $8.8M | 2026-Q1 |
| APG Asset Management N.V. | TRIM | 84,474 | 54,238 | -35.8% | $8.1M | 2026-Q1 |
| Tredje AP-fonden | DOUBLED | 9,469 | 45,951 | +385.3% | $7.9M | 2026-Q1 |
| Gotham Asset Management, LLC | DOUBLED | 6,514 | 37,061 | +468.9% | $6.4M | 2026-Q1 |
13 unique insiders with 50 transactions. Net insider value: $0.00 ($0.00 bought, $0.00 sold).
Insider Transactions
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| May 22, 2026 | Chan Mary S | Director | AWARD | 1,108 | — | — |
| May 22, 2026 | BEEBE KEVIN L | Director | AWARD | 1,108 | — | — |
| May 22, 2026 | Krouse George R Jr | Director | AWARD | 1,108 | — | — |
| May 22, 2026 | LANGER JACK | Director | AWARD | 1,108 | — | — |
| May 22, 2026 | BERNSTEIN STEVEN E | Director | AWARD | 1,108 | — | — |
| May 22, 2026 | STOOPS JEFFREY | Director | AWARD | 1,108 | — | — |
| May 22, 2026 | BOWEN LAURIE | Director | AWARD | 1,108 | — | — |
| May 22, 2026 | Johnson Jay LeCoryelle | Director | AWARD | 1,108 | — | — |
| May 22, 2026 | Wilson Amy E | Director | AWARD | 1,108 | — | — |
| May 13, 2026 | LANGER JACK | Director | TAX W/H | 1,496 | $213.61 | $319.6K |
| May 13, 2026 | LANGER JACK | Director | EXERCISE | 1,501 | $212.31 | $318.7K |
| May 13, 2026 | BERNSTEIN STEVEN E | Director | EXERCISE | 1,501 | $212.31 | $318.7K |
| May 13, 2026 | BERNSTEIN STEVEN E | Director | TAX W/H | 1,496 | $213.61 | $319.6K |
| May 13, 2026 | Krouse George R Jr | Director | EXERCISE | 501 | $212.31 | $106.4K |
| May 13, 2026 | Krouse George R Jr | Director | TAX W/H | 500 | $213.61 | $106.8K |
| May 13, 2026 | BEEBE KEVIN L | Director | EXERCISE | 1,501 | $212.31 | $318.7K |
| May 13, 2026 | BEEBE KEVIN L | Director | TAX W/H | 1,492 | $213.61 | $318.7K |
| May 1, 2026 | Johnson Jay LeCoryelle | Director | EXERCISE | 248 | — | — |
| May 1, 2026 | Johnson Jay LeCoryelle | Director | TAX W/H | 325.968 | $221.20 | $72.1K |
| May 1, 2026 | BOWEN LAURIE | Director | EXERCISE | 248 | — | — |
| May 1, 2026 | BOWEN LAURIE | Director | TAX W/H | 325.968 | $221.20 | $72.1K |
| May 1, 2026 | BEEBE KEVIN L | Director | EXERCISE | 331 | — | — |
| May 1, 2026 | Krouse George R Jr | Director | EXERCISE | 248 | — | — |
| May 1, 2026 | Chan Mary S | Director | EXERCISE | 248 | — | — |
| May 1, 2026 | Krouse George R Jr | Director | TAX W/H | 325.968 | $221.20 | $72.1K |
| May 1, 2026 | STOOPS JEFFREY | Director | EXERCISE | 302 | — | — |
| May 1, 2026 | Wilson Amy E | Director | EXERCISE | 248 | — | — |
| May 1, 2026 | LANGER JACK | Director | EXERCISE | 248 | — | — |
| May 1, 2026 | LANGER JACK | Director | TAX W/H | 325.968 | $221.20 | $72.1K |
| May 1, 2026 | BERNSTEIN STEVEN E | Director | EXERCISE | 248 | — | — |
| May 1, 2026 | BERNSTEIN STEVEN E | Director | EXERCISE | 302 | — | — |
| May 1, 2026 | BEEBE KEVIN L | Director | EXERCISE | 248 | — | — |
| May 1, 2026 | Chan Mary S | Director | TAX W/H | 325.968 | $221.20 | $72.1K |
| Apr 13, 2026 | Chan Mary S | Director | EXERCISE | 1,501 | $212.31 | $318.7K |
| Apr 13, 2026 | Chan Mary S | Director | TAX W/H | 1,453 | $223.75 | $325.1K |
| Mar 6, 2026 | Ciarfella Mark R | EVP - OPERATIONS | TAX W/H | 264.55 | $195.69 | $51.8K |
| Mar 6, 2026 | Ciarfella Mark R | EVP - OPERATIONS | EXERCISE | 1,532 | — | — |
| Mar 6, 2026 | STOOPS JEFFREY | Director | D | 10,404 | — | — |
| Mar 6, 2026 | STOOPS JEFFREY | Director | TAX W/H | 1,283.159 | $195.69 | $251.1K |
| Mar 6, 2026 | STOOPS JEFFREY | Director | EXERCISE | 10,404 | — | — |
| Mar 6, 2026 | STOOPS JEFFREY | Director | EXERCISE | 3,468 | — | — |
| Mar 6, 2026 | KOENIG JOSHUA | EXECUTIVE VP/GENERAL COUNSEL | EXERCISE | 655 | — | — |
| Mar 6, 2026 | Ciarfella Mark R | EVP - OPERATIONS | EXERCISE | 715 | — | — |
| Mar 6, 2026 | Ciarfella Mark R | EVP - OPERATIONS | EXERCISE | 2,144 | — | — |
| Mar 6, 2026 | Cavanagh Brendan Thomas | PRESIDENT AND CEO | D | 4,335 | — | — |
| Mar 6, 2026 | Montagner Marc | EVP - CHIEF FINANCIAL OFFICER | EXERCISE | 2,072 | — | — |
| Mar 6, 2026 | Ciarfella Mark R | EVP - OPERATIONS | D | 2,144 | — | — |
| Mar 6, 2026 | KOENIG JOSHUA | EXECUTIVE VP/GENERAL COUNSEL | TAX W/H | 257.742 | $195.69 | $50.4K |
| Mar 6, 2026 | Montagner Marc | EVP - CHIEF FINANCIAL OFFICER | TAX W/H | 815.332 | $195.69 | $159.6K |
| Mar 6, 2026 | Cavanagh Brendan Thomas | PRESIDENT AND CEO | EXERCISE | 4,335 | — | — |
No SEC filing reports analyzed yet. Reports are generated when new filings are detected and processed by the LLM pipeline.
No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.
Current analyst consensus: Hold (59% buy). Based on 27 analysts: 4 strong buy, 12 buy, 11 hold, 0 sell, 0 strong sell.
Analyst Price Targets
$235.10 mean target
+14.8% upside
Buy (2.24)
$200.00 Low
$280.00 High
| Metric | Value |
|---|---|
| Current Price | $204.79 |
| Target Low | $200.00 |
| Target Mean | $235.10 |
| Target Median | $230.00 |
| Target High | $280.00 |
| # Analysts | 20 |
| Recommendation | Buy (2.24) |
Earnings Estimates & Revisions
| Period | EPS Avg | EPS Low | EPS High | EPS Growth | 30d Rev. | Up/Down | Rev. Avg | Rev. Growth | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| Current Q 2026-06-30 |
$1.94 | $1.70 | $2.35 | -7.3% | +7.6% | 6↑ 2↓ | $0.7B | 0.9% | 10 |
| Next Q 2026-09-30 |
$2.05 | $1.87 | $2.39 | -6.7% | +4.1% | 4↑ 3↓ | $0.7B | -0.6% | 10 |
| Current FY 2026-12-31 |
$7.72 | $7.24 | $9.63 | -21.2% | +3.9% | 3↑ 6↓ | $2.9B | 1.6% | 10 |
| Next FY 2027-12-31 |
$8.11 | $7.02 | $8.83 | 4.9% | +1.6% | 6↑ 2↓ | $2.9B | 2.8% | 9 |
Current Quarter EPS Revision History
| Timepoint | EPS Estimate | Change |
|---|---|---|
| Current | $1.938 | |
| 7d ago | $1.803 | +0.135 |
| 30d ago | $1.802 | +0.136 |
| 60d ago | $1.795 | +0.143 |
| 90d ago | $2.029 | -0.091 |
10 analyst firms have rated this stock: 1 upgrades, 0 downgrades, 2 initiations.
Individual Analyst Actions
| Date | Analyst Firm | Action | Previous Rating | New Rating |
|---|---|---|---|---|
| May 5, 2026 | Barclays | MAINTAIN | Overweight | Overweight |
| May 5, 2026 | Truist Securities | REITERATE | Buy | Buy |
| May 1, 2026 | Scotiabank | MAINTAIN | Sector Perform | Sector Perform |
| Apr 30, 2026 | Keybanc | MAINTAIN | Overweight | Overweight |
| Apr 22, 2026 | Truist Securities | UPGRADE | Hold | Buy |
| Apr 16, 2026 | Barclays | MAINTAIN | Overweight | Overweight |
| Apr 9, 2026 | Morgan Stanley | MAINTAIN | Equal-Weight | Equal-Weight |
| Apr 7, 2026 | Wells Fargo | MAINTAIN | Equal-Weight | Equal-Weight |
| Mar 31, 2026 | Truist Securities | INITIATE | Buy | Hold |
| Mar 5, 2026 | Bernstein | INITIATE | — | Market Perform |
| Mar 2, 2026 | Scotiabank | MAINTAIN | Sector Perform | Sector Perform |
| Mar 2, 2026 | Morgan Stanley | MAINTAIN | Equal-Weight | Equal-Weight |
| Mar 2, 2026 | RBC Capital | MAINTAIN | Outperform | Outperform |
| Feb 27, 2026 | Wells Fargo | MAINTAIN | Equal-Weight | Equal-Weight |
| Jan 20, 2026 | UBS | MAINTAIN | Buy | Buy |
| Jan 14, 2026 | Scotiabank | MAINTAIN | Sector Perform | Sector Perform |
| Jan 12, 2026 | JP Morgan | MAINTAIN | Neutral | Neutral |
| Dec 16, 2025 | Wells Fargo | MAINTAIN | Equal-Weight | Equal-Weight |
Monthly Consensus History
| Period | Strong Buy | Buy | Hold | Sell | Strong Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Jun 1, 2026 | 4 | 12 | 11 | 0 | 0 | 59% | |
| May 1, 2026 | 4 | 12 | 11 | 0 | 0 | 59% | |
| Apr 1, 2026 | 4 | 11 | 10 | 0 | 0 | 60% | |
| Mar 1, 2026 | 4 | 11 | 10 | 0 | 0 | 60% | |
| Feb 1, 2026 | 4 | 11 | 10 | 0 | 0 | 60% | |
| Jan 1, 2026 | 4 | 11 | 10 | 0 | 0 | 60% |
Strong BuyBuyHoldSellStrong Sell
1 members of Congress traded this stock: 0 buys, 1 sells.
Congressional Trades
| Date | Member | Party | Chamber | Type | Amount | Asset | Disclosed |
|---|---|---|---|---|---|---|---|
| Jan 9, 2026 | Gilbert Cisneros | D | HOUSE | SELL | $1,001 - $15,000 | SBA Communications Corp | Feb 16, 2026 (39d) |
67°
Warm
Bearish
Neutral
Bullish
2 mentions
2 bullish
0 bearish
2 time periods
Reddit Sentiment History
| Date | Mentions | Sentiment | Bullish | Bearish | Threads |
|---|---|---|---|---|---|
| May 15, 2026 | 1 | 60° Warm | 1 | 0 | 1 |
| May 15, 2026 | 1 | 60° Warm | 1 | 0 | 1 |
Recent Reddit Threads
Jun 3, 2026
short_volume
Short Volume: SBAC — 55.2% short (0.4M / 0.7M)
Short: 400,858 | Exempt: 310 | TRF Vol: 725,959 | Short Ratio: 55.2% | Off-exchange volume (dark pool + OTC)
May 18, 2026
dark_pool
Dark Pool: SBAC — 0.7M shares, 24,911 trades
Week starting 2026-05-18. Total ATS volume: 711,233 shares across 24,911 trades.
May 13, 2026
short_interest
FTD: SBAC — 13,789 shares ($2.9M) failed to deliver
Settlement: 20260513, Price: $213.61, FTD Value: $2,945,468.29, SBA COMMUNICATIONS CORP NEW CL
May 11, 2026
dark_pool
Dark Pool: SBAC — 1.3M shares, 38,621 trades
Week starting 2026-05-11. Total ATS volume: 1,325,949 shares across 38,621 trades.
May 4, 2026
dark_pool
Dark Pool: SBAC — 0.7M shares, 27,484 trades
Week starting 2026-05-04. Total ATS volume: 687,181 shares across 27,484 trades.
Apr 29, 2026
earnings_calendar
SBAC Q1 2026 Earnings Scheduled — 2026-04-29
Apr 27, 2026
dark_pool
Dark Pool: SBAC — 1.6M shares, 41,868 trades
Week starting 2026-04-27. Total ATS volume: 1,595,467 shares across 41,868 trades.
Apr 22, 2026
short_interest
FTD: SBAC — 44,212 shares ($9.4M) failed to deliver
Settlement: 20260422, Price: $213.10, FTD Value: $9,421,577.2, SBA COMMUNICATIONS CORP NEW CL
Apr 20, 2026
dark_pool
Dark Pool: SBAC — 1.6M shares, 41,011 trades
Week starting 2026-04-20. Total ATS volume: 1,574,089 shares across 41,011 trades.
Apr 13, 2026
dark_pool
Dark Pool: SBAC — 1.8M shares, 48,162 trades
Week starting 2026-04-13. Total ATS volume: 1,794,863 shares across 48,162 trades.
Apr 10, 2026
short_interest
FTD: SBAC — 2,733 shares ($0.6M) failed to deliver
Settlement: 20260410, Price: $218.46, FTD Value: $597,051.18, SBA COMMUNICATIONS CORP NEW CL
Apr 10, 2026
short_volume
Short Volume: SBAC — 65.3% short (0.3M / 0.5M)
Short: 336,086 | Exempt: 0 | TRF Vol: 514,498 | Short Ratio: 65.3% | Off-exchange volume (dark pool + OTC)
Apr 6, 2026
dark_pool
Dark Pool: SBAC — 4.1M shares, 69,535 trades
Week starting 2026-04-06. Total ATS volume: 4,093,103 shares across 69,535 trades.
Apr 2, 2026
short_volume
Short Volume: SBAC — 64.6% short (1.4M / 2.2M)
Short: 1,447,645 | Exempt: 1,498 | TRF Vol: 2,240,378 | Short Ratio: 64.6% | Off-exchange volume (dark pool + OTC)
Mar 30, 2026
dark_pool
Dark Pool: SBAC — 2.2M shares, 42,417 trades
Week starting 2026-03-30. Total ATS volume: 2,230,446 shares across 42,417 trades.