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

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 Trading Up 0.8%

Crown Castle stock traded up $0.61 during trading on Tuesday, hitting $74.22. 184,271 shares of the company were exchanged, compared to its average volume of 3,746,343. Crown Castle Inc. has a 52 week low of $69.72 and a 52 week high of $104.64. The business’s 50 day moving average is $80.97 and its 200 day moving average is $84.84. The company has a market capitalization of $32.40 billion, a P/E ratio of 37.76, a PEG ratio of 0.40 and a beta of 0.95.

Crown Castle Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a $1.0625 dividend. This represents a $4.25 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date is Tuesday, September 15th. Crown Castle’s dividend payout ratio (DPR) is currently 215.74%.

Wall Street Analyst Weigh In

CCI has been the subject of a number of analyst reports. Truist Financial dropped their target price on shares of Crown Castle from $95.00 to $87.00 and set a “hold” rating for the company in a report on Tuesday, July 28th. JPMorgan Chase & Co. lowered their price objective on shares of Crown Castle from $95.00 to $85.00 and set a “neutral” rating for the company in a research note on Thursday, July 23rd. KeyCorp increased their target price on Crown Castle from $98.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, April 23rd. BMO Capital Markets cut their price target on shares of Crown Castle from $100.00 to $95.00 and set an “outperform” rating on the stock in a research note on Monday, July 20th. Finally, Citigroup reiterated a “market outperform” rating on shares of Crown Castle in a research report on Friday, July 24th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $95.13.

Institutional Investors Weigh In On Crown Castle

Institutional investors and hedge funds have recently made changes to their positions in the stock. Wiser Advisor Group LLC acquired a new stake in shares of Crown Castle in the third quarter valued at approximately $29,000. Triumph Capital Management acquired a new position in Crown Castle during the third quarter worth $31,000. Hilton Head Capital Partners LLC boosted its holdings 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 buying an additional 134 shares in the last quarter. Salomon & Ludwin LLC grew its position in Crown Castle by 128.7% during the fourth quarter. Salomon & Ludwin LLC now owns 382 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 215 shares during the period. Finally, MV Capital Management Inc. purchased a new position in Crown Castle in the fourth quarter valued at about $34,000. 90.77% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, VP Robert Sean Collins sold 1,500 shares of the business’s stock in a transaction dated Friday, August 7th. The shares were 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. The trade was a 22.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.09% of the company’s stock.

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.