SBA Communications (NASDAQ:SBAC) Stock Unloaded Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of SBA Communications Corporation (NASDAQ:SBAC). In a filing disclosed on February 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in SBA Communications stock on January 9th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Banco Santander (NYSE:SAN) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Leonardo (OTCMKTS:FINMF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of Cloudflare (NYSE:NET) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 1/30/2026.

SBA Communications Price Performance

SBA Communications stock traded up $1.25 during midday trading on Friday, hitting $199.54. 676,584 shares of the stock were exchanged, compared to its average volume of 859,643. SBA Communications Corporation has a 1 year low of $177.49 and a 1 year high of $245.16. The firm has a market cap of $21.26 billion, a P/E ratio of 26.02, a P/E/G ratio of 1.89 and a beta of 0.87. The company has a 50 day moving average price of $189.91 and a two-hundred day moving average price of $195.88.

Institutional Trading of SBA Communications

Several institutional investors have recently added to or reduced their stakes in the business. Invesco Ltd. lifted its position in shares of SBA Communications by 0.5% in the 4th quarter. Invesco Ltd. now owns 1,815,032 shares of the technology company’s stock worth $351,082,000 after buying an additional 9,656 shares during the last quarter. Corient Private Wealth LLC raised its stake in SBA Communications by 599.6% during the fourth quarter. Corient Private Wealth LLC now owns 108,001 shares of the technology company’s stock worth $20,891,000 after acquiring an additional 92,564 shares during the period. Alpine Woods Capital Investors LLC lifted its holdings in SBA Communications by 15.8% in the fourth quarter. Alpine Woods Capital Investors LLC now owns 29,648 shares of the technology company’s stock worth $5,735,000 after acquiring an additional 4,046 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in SBA Communications by 45.3% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 16,612 shares of the technology company’s stock valued at $3,213,000 after acquiring an additional 5,183 shares during the period. Finally, Beacon Pointe Advisors LLC grew its holdings in shares of SBA Communications by 8.7% during the fourth quarter. Beacon Pointe Advisors LLC now owns 1,692 shares of the technology company’s stock valued at $327,000 after purchasing an additional 136 shares during the last quarter. Institutional investors own 97.35% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on SBAC shares. Royal Bank Of Canada cut their price target on SBA Communications from $235.00 to $232.00 and set an “outperform” rating on the stock in a research note on Monday, November 10th. BMO Capital Markets cut their target price on SBA Communications from $215.00 to $210.00 and set a “market perform” rating on the stock in a research report on Tuesday, November 4th. Weiss Ratings reissued a “hold (c-)” rating on shares of SBA Communications in a research report on Friday, January 9th. Wells Fargo & Company dropped their price target on shares of SBA Communications from $215.00 to $205.00 and set an “equal weight” rating for the company in a research note on Tuesday, December 16th. Finally, UBS Group reduced their price objective on shares of SBA Communications from $275.00 to $260.00 and set a “buy” rating on the stock in a research note on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $235.18.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

SBA Communications Company Profile

SBA Communications Corporation (NASDAQ: SBAC) is a real estate investment trust that owns, operates and develops wireless communications infrastructure. Its core business is the leasing of space on communications towers, rooftop sites and other wireless structures to mobile network operators, broadband providers and other wireless service customers. The company also provides site development, construction and ongoing site management services to support the deployment and operation of wireless networks.

In addition to traditional macro towers, SBA offers a range of infrastructure solutions designed for dense urban and suburban markets, including small cells, distributed antenna systems (DAS) and fiber backhaul and transport services.