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

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of SBA Communications Corporation (NASDAQ:SBAC). In a filing disclosed on December 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in SBA Communications stock on November 12th. 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):

• Sold $1,001 – $15,000 in shares of Spotify Technology (NYSE:SPOT) on 11/26/2025.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 11/26/2025.
• Purchased $1,001 – $15,000 in shares of First Watch Restaurant Group (NASDAQ:FWRG) on 11/26/2025.
• Purchased $1,001 – $15,000 in shares of TKO Group (NYSE:TKO) on 11/26/2025.
• Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 11/24/2025.
• Sold $1,001 – $15,000 in shares of Stifel Financial (NYSE:SF) on 11/24/2025.
• Purchased $1,001 – $15,000 in shares of Logan Energy (CVE:LGN) on 11/24/2025.
• Sold $1,001 – $15,000 in shares of Primoris Services (NASDAQ:PRIM) on 11/24/2025.
• Purchased $15,001 – $50,000 in shares of LandBridge (NYSE:LB) on 11/21/2025.
• Purchased $50,001 – $100,000 in shares of LandBridge (NYSE:LB) on 11/20/2025.

SBA Communications Stock Performance

Shares of SBAC stock traded down $0.35 during trading hours on Friday, reaching $190.01. The company had a trading volume of 1,503,613 shares, compared to its average volume of 775,425. The company has a market capitalization of $20.25 billion, a P/E ratio of 24.77, a price-to-earnings-growth ratio of 1.65 and a beta of 0.87. SBA Communications Corporation has a twelve month low of $185.13 and a twelve month high of $245.16. The stock’s fifty day simple moving average is $193.86 and its 200 day simple moving average is $209.03.

SBA Communications (NASDAQ:SBAC) last released its quarterly earnings results on Monday, November 3rd. The technology company reported $3.30 earnings per share for the quarter, topping analysts’ consensus estimates of $3.21 by $0.09. SBA Communications had a negative return on equity of 16.60% and a net margin of 29.69%.The firm had revenue of $732.33 million during the quarter, compared to analysts’ expectations of $715.65 million. During the same quarter in the prior year, the business earned $3.32 EPS. SBA Communications’s quarterly revenue was up 9.7% compared to the same quarter last year. As a group, equities analysts expect that SBA Communications Corporation will post 12.57 earnings per share for the current year.

SBA Communications Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Stockholders of record on Thursday, November 13th were given a $1.11 dividend. The ex-dividend date of this dividend was Thursday, November 13th. This represents a $4.44 annualized dividend and a dividend yield of 2.3%. SBA Communications’s dividend payout ratio is presently 57.89%.

Institutional Investors Weigh In On SBA Communications

Several institutional investors and hedge funds have recently made changes to their positions in the company. NorthCrest Asset Manangement LLC boosted its holdings in SBA Communications by 3.0% in the second quarter. NorthCrest Asset Manangement LLC now owns 1,535 shares of the technology company’s stock worth $359,000 after purchasing an additional 44 shares during the period. Janney Montgomery Scott LLC boosted its holdings in shares of SBA Communications by 0.8% in the 2nd quarter. Janney Montgomery Scott LLC now owns 6,130 shares of the technology company’s stock valued at $1,440,000 after buying an additional 46 shares during the period. Advisors Asset Management Inc. grew its position in shares of SBA Communications by 5.6% during the 1st quarter. Advisors Asset Management Inc. now owns 880 shares of the technology company’s stock valued at $194,000 after buying an additional 47 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in SBA Communications by 20.0% in the second quarter. Farther Finance Advisors LLC now owns 300 shares of the technology company’s stock worth $70,000 after acquiring an additional 50 shares during the last quarter. Finally, MAI Capital Management boosted its stake in SBA Communications by 7.9% in the second quarter. MAI Capital Management now owns 680 shares of the technology company’s stock valued at $160,000 after acquiring an additional 50 shares during the period. 97.35% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on SBAC. Weiss Ratings reiterated a “hold (c-)” rating on shares of SBA Communications in a report on Tuesday, October 14th. Bank of America cut SBA Communications from a “buy” rating to a “neutral” rating and cut their price target for the stock from $260.00 to $230.00 in a research note on Wednesday, August 27th. Barclays lowered their price objective on SBA Communications from $219.00 to $212.00 and set an “overweight” rating for the company in a research note on Monday, December 1st. Royal Bank Of Canada cut their target price on SBA Communications from $235.00 to $232.00 and set an “outperform” rating on the stock in a research report on Monday, November 10th. Finally, UBS Group decreased their price target on shares of SBA Communications from $285.00 to $275.00 and set a “buy” rating for the company in a research report on Tuesday, October 14th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $237.00.

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.