CFO Smith sold 34,341 shares for $6,596,527.57 on 2026-02-17; stock now $184.79, down 20.5% from 52-week high
Rodney M Smith, EVP, CFO & Treasurer of American Tower, executed 4 separate sales totaling 34,341 shares (34.3K shares) for $6,596,527.57 ($6.6M) on 2026-02-17, reducing his holdings by 31.6% from 108,655 shares to 74,314 shares. The sales occurred at an average price of $192.09 per share, which was 3.9% above the current price of $184.79 and within the 52-week range. Historically, Smith's prior sales at AMT have been poorly timed: 4 of his 5 previous sales at this ticker saw positive 90-day returns, meaning the stock appreciated after he sold, and his same-ticker timing pattern shows only 1 of 5 prior sales were well-timed at the 90-day mark. The volume and concentration of this sale, combined with weak recent fundamentals (annual revenue down 9.1% year-over-year) and elevated valuation (P/E of 28.61), suggest a material reduction in the CFO's direct exposure to the company.