SBA Communications (SBAC)
SBA Communications on one page: short interest, daily short volume, fails to deliver, planned sales, large holders, 13F holders, financials, earnings dates and insider trades. Listed on Nasdaq, classified by the SEC as real estate investment trusts.
3.4M
Short interest
settlement 2026-10-15
3.3
Days to cover
-0.1 days vs prior
50.3%
Short share of volume
2026-10-28
2,498
Fails to deliver
settlement 2026-09-29
Mon 2 Nov
Next earnings
estimated date
-$55K
Insider flow, 90 days
0 buys, 1 sells
As of 2026-10-28.
Short interest
FINRA, twice a month. The newest 48 settlements in the table, 48 in the chart. JSONAs of 15 October 2026, short interest in SBAC is 3,400,692 shares, down 394,012 shares over the last month. Over the last 48 readings it ranged from 1,099,735 shares (31 October 2024) to 3,794,704 shares (15 September 2026). At the reported average volume of 1.0M shares a day that is 3.3 days to cover.
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| Settlement | Shares short | Change | Avg daily volume | Days to cover |
|---|---|---|---|---|
| 2026-10-15 | 3,400,692 | +2.6% | 1,030,663 | 3.30 |
| 2026-09-30 | 3,314,948 | -12.6% | 988,892 | 3.35 |
| 2026-09-15 | 3,794,704 | +1.4% | 918,960 | 4.13 |
| 2026-08-31 | 3,741,690 | +18.2% | 726,131 | 5.15 |
| 2026-08-14 | 3,165,263 | +13.4% | 1,168,844 | 2.71 |
| 2026-07-31 | 2,792,266 | -5.8% | 1,006,281 | 2.77 |
| 2026-07-15 | 2,962,597 | +12.0% | 1,057,479 | 2.80 |
| 2026-06-30 | 2,645,007 | +13.6% | 1,026,761 | 2.58 |
| 2026-06-15 | 2,329,477 | -4.3% | 1,011,702 | 2.30 |
| 2026-05-29 | 2,433,220 | +1.2% | 733,941 | 3.32 |
| 2026-05-15 | 2,403,877 | -13.8% | 804,105 | 2.99 |
| 2026-04-30 | 2,787,392 | -19.1% | 1,041,680 | 2.68 |
| 2026-04-15 | 3,447,109 | +23.8% | 2,367,956 | 1.46 |
| 2026-03-31 | 2,783,739 | +8.9% | 904,652 | 3.08 |
| 2026-03-13 | 2,556,762 | +0.8% | 1,033,896 | 2.47 |
| 2026-02-27 | 2,535,957 | +10.5% | 1,077,367 | 2.35 |
| 2026-02-13 | 2,295,880 | -10.7% | 950,178 | 2.42 |
| 2026-01-30 | 2,571,394 | +0.7% | 750,970 | 3.42 |
| 2026-01-15 | 2,553,948 | +2.3% | 801,074 | 3.19 |
| 2025-12-31 | 2,496,232 | +17.2% | 658,338 | 3.79 |
| 2025-12-15 | 2,129,412 | -2.7% | 790,434 | 2.69 |
| 2025-11-28 | 2,189,296 | -12.7% | 791,789 | 2.76 |
| 2025-11-14 | 2,507,508 | +25.6% | 1,043,779 | 2.40 |
| 2025-10-31 | 1,995,601 | +8.8% | 1,130,494 | 1.77 |
| 2025-10-15 | 1,834,648 | -17.6% | 1,012,307 | 1.81 |
| 2025-09-30 | 2,225,879 | +10.2% | 1,318,699 | 1.69 |
| 2025-09-15 | 2,020,102 | -15.1% | 1,713,402 | 1.18 |
| 2025-08-29 | 2,379,446 | +18.6% | 972,918 | 2.45 |
| 2025-08-15 | 2,005,588 | +8.8% | 936,579 | 2.14 |
| 2025-07-31 | 1,842,961 | -2.3% | 734,637 | 2.51 |
| 2025-07-15 | 1,886,330 | -4.5% | 643,218 | 2.93 |
| 2025-06-30 | 1,976,043 | -14.0% | 721,866 | 2.74 |
| 2025-06-13 | 2,297,945 | -16.7% | 580,497 | 3.96 |
| 2025-05-30 | 2,760,119 | -8.4% | 690,178 | 4.00 |
| 2025-05-15 | 3,012,317 | +1.3% | 895,863 | 3.36 |
| 2025-04-30 | 2,975,074 | +6.7% | 1,224,381 | 2.43 |
| 2025-04-15 | 2,788,967 | +40.2% | 1,354,339 | 2.06 |
| 2025-03-31 | 1,989,831 | -2.0% | 768,235 | 2.59 |
| 2025-03-14 | 2,030,298 | +4.6% | 1,051,913 | 1.93 |
| 2025-02-28 | 1,940,304 | -5.9% | 912,850 | 2.13 |
| 2025-02-14 | 2,061,674 | +7.4% | 622,156 | 3.31 |
| 2025-01-31 | 1,919,079 | +7.6% | 793,734 | 2.42 |
| 2025-01-15 | 1,783,433 | -3.9% | 831,218 | 2.15 |
| 2024-12-31 | 1,856,199 | +44.6% | 1,018,646 | 1.82 |
| 2024-12-13 | 1,283,620 | +16.5% | 778,250 | 1.65 |
| 2024-11-29 | 1,101,838 | -20.1% | 627,413 | 1.76 |
| 2024-11-15 | 1,378,405 | +25.3% | 1,145,175 | 1.20 |
| 2024-10-31 | 1,099,735 | -57.6% | 790,259 | 1.39 |
Daily short volume
FINRA Reg SHO, the last 30 sessions. JSONAs of 28 October 2026, the short share of SBAC volume is 50.3%, up 14.0 points over the last five sessions. Over the last 30 readings it ranged from 33.7% (25 September 2026) to 76.6% (18 September 2026). The latest reading is in line with the 30-session average of 50.8%, on 469K shares reported.
| Date | Short volume | Total volume | Short share | Exempt |
|---|---|---|---|---|
| 2026-10-28 | 236K | 469K | 50.3% | 5 |
| 2026-10-27 | 238K | 479K | 49.6% | 140 |
| 2026-10-26 | 271K | 588K | 46.1% | 1 |
| 2026-10-23 | 583K | 1.5M | 39.9% | 302 |
| 2026-10-22 | 146K | 359K | 40.8% | 0 |
| 2026-10-21 | 218K | 600K | 36.4% | 0 |
| 2026-10-20 | 155K | 415K | 37.3% | 2,190 |
| 2026-10-19 | 102K | 232K | 44.0% | 0 |
| 2026-10-16 | 253K | 383K | 66.1% | 0 |
| 2026-10-15 | 151K | 278K | 54.4% | 0 |
| 2026-10-14 | 191K | 410K | 46.5% | 80 |
| 2026-10-13 | 185K | 341K | 54.2% | 37 |
| 2026-10-12 | 167K | 284K | 58.9% | 18 |
| 2026-10-09 | 537K | 1.1M | 49.8% | 1,890 |
| 2026-10-08 | 168K | 306K | 55.0% | 42 |
| 2026-10-07 | 225K | 324K | 69.5% | 7 |
| 2026-10-06 | 304K | 479K | 63.4% | 0 |
| 2026-10-05 | 161K | 329K | 48.8% | 148 |
| 2026-10-02 | 219K | 397K | 55.3% | 1,263 |
| 2026-10-01 | 157K | 281K | 55.8% | 9 |
| 2026-09-30 | 171K | 279K | 61.2% | 0 |
| 2026-09-29 | 165K | 306K | 53.9% | 85 |
| 2026-09-28 | 147K | 348K | 42.3% | 33 |
| 2026-09-25 | 106K | 314K | 33.7% | 105 |
| 2026-09-24 | 188K | 459K | 40.9% | 813 |
| 2026-09-23 | 145K | 346K | 41.9% | 85 |
| 2026-09-22 | 122K | 256K | 47.8% | 0 |
| 2026-09-21 | 133K | 243K | 54.8% | 70 |
| 2026-09-18 | 391K | 511K | 76.6% | 0 |
| 2026-09-17 | 98K | 196K | 50.1% | 1 |
Fails to deliver
SEC, the last 30 settlement dates with a fail. JSONAs of 29 September 2026, the fails-to-deliver balance in SBAC is 2,498 shares, up 2,294 shares over the last settlement date. Over the last 30 readings it ranged from 2 shares (29 April 2026) to 63,149 shares (9 June 2026). The latest reading sits at the bottom of that range.
| Settlement | Shares failed | Price | Value |
|---|---|---|---|
| 2026-09-29 | 2,498 | $163.43 | $408K |
| 2026-09-25 | 204 | $166.12 | $34K |
| 2026-08-19 | 4,620 | $181.40 | $838K |
| 2026-08-17 | 2,116 | $185.20 | $392K |
| 2026-08-13 | 108 | $183.08 | $20K |
| 2026-08-12 | 9,472 | $181.97 | $1.7M |
| 2026-08-05 | 21 | $187.90 | $4K |
| 2026-07-29 | 229 | $174.93 | $40K |
| 2026-07-28 | 348 | $172.61 | $60K |
| 2026-07-20 | 24,360 | $185.69 | $4.5M |
| 2026-07-10 | 13 | $182.48 | $2K |
| 2026-07-02 | 50 | $180.75 | $9K |
| 2026-06-26 | 98 | $180.95 | $18K |
| 2026-06-23 | 2,600 | $187.59 | $488K |
| 2026-06-22 | 2,700 | $186.87 | $505K |
| 2026-06-18 | 20 | $191.57 | $4K |
| 2026-06-17 | 300 | $195.73 | $59K |
| 2026-06-15 | 739 | $204.79 | $151K |
| 2026-06-09 | 63,149 | $200.10 | $12.6M |
| 2026-06-08 | 33,603 | $208.02 | $7.0M |
| 2026-05-14 | 3 | $207.66 | $623 |
| 2026-05-13 | 13,789 | $213.61 | $2.9M |
| 2026-05-07 | 2 | $218.44 | $437 |
| 2026-04-29 | 2 | $217.59 | $435 |
| 2026-04-22 | 44,212 | $213.10 | $9.4M |
| 2026-04-14 | 1,165 | $220.24 | $257K |
| 2026-04-10 | 2,733 | $218.46 | $597K |
| 2026-04-06 | 1,515 | $204.04 | $309K |
| 2026-03-31 | 189 | $169.83 | $32K |
| 2026-03-26 | 32,359 | $165.15 | $5.3M |
Insider trades
SEC Form 4, newest first. JSONInsiders at SBAC reported 1 open-market sell worth $55K in the last 90 days and no open-market buys. Latest filing: Montagner Marc (EVP - CHIEF FINANCIAL OFFICER) on 2026-10-17.
| Date | Insider | Title | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|---|
| 2026-10-17 | Montagner Marc | EVP - CHIEF FINANCIAL OFFICER | Tax withholding | 625 | $187.06 | $117K | 7K |
| 2026-10-17 | Montagner Marc | EVP - CHIEF FINANCIAL OFFICER | Exercise or conversion | 2K | $0.00 | $0 | 8K |
| 2026-08-17 | Krouse George R Jr | Director | Sell | 300 | $182.67 | $55K | 9K |
| 2026-08-01 | DAY DONALD | EVP - SITE LEASING | Tax withholding | 171 | $180.98 | $31K | 10K |
| 2026-08-01 | DAY DONALD | EVP - SITE LEASING | Exercise or conversion | 457 | $0.00 | $0 | 10K |
| 2026-05-13 | LANGER JACK | Director | Tax withholding | 1K | $213.61 | $320K | 9K |
| 2026-05-13 | LANGER JACK | Director | Exercise or conversion | 2K | $212.31 | $319K | 10K |
| 2026-05-13 | Krouse George R Jr | Director | Tax withholding | 500 | $213.61 | $107K | 9K |
| 2026-05-13 | Krouse George R Jr | Director | Exercise or conversion | 501 | $212.31 | $106K | 9K |
| 2026-05-13 | BERNSTEIN STEVEN E | Director | Tax withholding | 1K | $213.61 | $320K | 7K |
| 2026-05-13 | BERNSTEIN STEVEN E | Director | Exercise or conversion | 2K | $212.31 | $319K | 9K |
| 2026-05-13 | BEEBE KEVIN L | Director | Tax withholding | 1K | $213.61 | $319K | 17K |
| 2026-05-13 | BEEBE KEVIN L | Director | Exercise or conversion | 2K | $212.31 | $319K | 18K |
| 2026-05-01 | STOOPS JEFFREY | Director,Other | Exercise or conversion | 331 | price not stated in the filing | not stated | 141K |
| 2026-05-01 | STOOPS JEFFREY | Director,Other | Exercise or conversion | 302 | price not stated in the filing | not stated | 141K |
| 2026-05-01 | Wilson Amy E | Director | Exercise or conversion | 302 | price not stated in the filing | not stated | 1K |
| 2026-05-01 | Wilson Amy E | Director | Exercise or conversion | 248 | price not stated in the filing | not stated | 1K |
| 2026-05-01 | Wilson Amy E | Director | Exercise or conversion | 331 | price not stated in the filing | not stated | 2K |
| 2026-05-01 | BOWEN LAURIE | Director | Exercise or conversion | 302 | price not stated in the filing | not stated | 1K |
| 2026-05-01 | BOWEN LAURIE | Director | Exercise or conversion | 331 | price not stated in the filing | not stated | 1K |
| 2026-05-01 | BOWEN LAURIE | Director | Exercise or conversion | 248 | price not stated in the filing | not stated | 765 |
| 2026-05-01 | BOWEN LAURIE | Director | Tax withholding | 326 | $221.20 | $72K | 1K |
| 2026-05-01 | Johnson Jay LeCoryelle | Director | Exercise or conversion | 248 | price not stated in the filing | not stated | 1K |
| 2026-05-01 | Johnson Jay LeCoryelle | Director | Tax withholding | 326 | $221.20 | $72K | 2K |
| 2026-05-01 | Johnson Jay LeCoryelle | Director | Exercise or conversion | 331 | price not stated in the filing | not stated | 2K |
| 2026-05-01 | Johnson Jay LeCoryelle | Director | Exercise or conversion | 302 | price not stated in the filing | not stated | 2K |
| 2026-05-01 | Chan Mary S | Director | Exercise or conversion | 248 | price not stated in the filing | not stated | 6K |
| 2026-05-01 | Chan Mary S | Director | Exercise or conversion | 302 | price not stated in the filing | not stated | 6K |
| 2026-05-01 | Chan Mary S | Director | Tax withholding | 326 | $221.20 | $72K | 6K |
| 2026-05-01 | Chan Mary S | Director | Exercise or conversion | 331 | price not stated in the filing | not stated | 7K |
| 2026-05-01 | BEEBE KEVIN L | Director | Exercise or conversion | 248 | price not stated in the filing | not stated | 16K |
| 2026-05-01 | BEEBE KEVIN L | Director | Exercise or conversion | 302 | price not stated in the filing | not stated | 16K |
| 2026-05-01 | BEEBE KEVIN L | Director | Exercise or conversion | 331 | price not stated in the filing | not stated | 17K |
| 2026-05-01 | Krouse George R Jr | Director | Tax withholding | 326 | $221.20 | $72K | 9K |
| 2026-05-01 | Krouse George R Jr | Director | Exercise or conversion | 331 | price not stated in the filing | not stated | 9K |
| 2026-05-01 | Krouse George R Jr | Director | Exercise or conversion | 302 | price not stated in the filing | not stated | 9K |
| 2026-05-01 | Krouse George R Jr | Director | Exercise or conversion | 248 | price not stated in the filing | not stated | 9K |
| 2026-05-01 | BERNSTEIN STEVEN E | Director | Exercise or conversion | 248 | price not stated in the filing | not stated | 7K |
| 2026-05-01 | BERNSTEIN STEVEN E | Director | Exercise or conversion | 331 | price not stated in the filing | not stated | 7K |
| 2026-05-01 | BERNSTEIN STEVEN E | Director | Exercise or conversion | 302 | price not stated in the filing | not stated | 7K |
| 2026-05-01 | LANGER JACK | Director | Exercise or conversion | 248 | price not stated in the filing | not stated | 8K |
| 2026-05-01 | LANGER JACK | Director | Exercise or conversion | 302 | price not stated in the filing | not stated | 9K |
| 2026-05-01 | LANGER JACK | Director | Exercise or conversion | 331 | price not stated in the filing | not stated | 9K |
| 2026-05-01 | LANGER JACK | Director | Tax withholding | 326 | $221.20 | $72K | 9K |
| 2026-04-13 | Chan Mary S | Director | Tax withholding | 1K | $223.75 | $325K | 6K |
| 2026-04-13 | Chan Mary S | Director | Exercise or conversion | 2K | $212.31 | $319K | 7K |
| 2026-03-06 | STOOPS JEFFREY | Director,Other | Tax withholding | 1K | $195.69 | $251K | 128K |
| 2026-03-06 | STOOPS JEFFREY | Director,Other | Tax withholding | 8K | $195.69 | $1.6M | 141K |
| 2026-03-06 | KREDI SAUL | VP & Chief Accounting Officer | Tax withholding | 58 | $195.69 | $11K | 6K |
| 2026-03-06 | KREDI SAUL | VP & Chief Accounting Officer | Tax withholding | 360 | $195.69 | $70K | 7K |
| 2026-03-06 | KREDI SAUL | VP & Chief Accounting Officer | Tax withholding | 230 | $195.69 | $45K | 7K |
| 2026-03-06 | KREDI SAUL | VP & Chief Accounting Officer | Tax withholding | 321 | $195.69 | $63K | 8K |
| 2026-03-06 | KREDI SAUL | VP & Chief Accounting Officer | Tax withholding | 43 | $195.69 | $8K | 7K |
| 2026-03-06 | DAY DONALD | EVP - SITE LEASING | Tax withholding | 207 | $195.69 | $41K | 9K |
| 2026-03-06 | DAY DONALD | EVP - SITE LEASING | Tax withholding | 503 | $195.69 | $99K | 10K |
| 2026-03-06 | DAY DONALD | EVP - SITE LEASING | Tax withholding | 101 | $195.69 | $20K | 8K |
| 2026-03-06 | DAY DONALD | EVP - SITE LEASING | Tax withholding | 604 | $195.69 | $118K | 9K |
| 2026-03-06 | Montagner Marc | EVP - CHIEF FINANCIAL OFFICER | Tax withholding | 815 | $195.69 | $160K | 5K |
| 2026-03-06 | Montagner Marc | EVP - CHIEF FINANCIAL OFFICER | Tax withholding | 979 | $195.69 | $192K | 6K |
| 2026-03-06 | KOENIG JOSHUA | EXECUTIVE VP/GENERAL COUNSEL | Tax withholding | 2K | $195.69 | $303K | 9K |
| 2026-03-06 | KOENIG JOSHUA | EXECUTIVE VP/GENERAL COUNSEL | Tax withholding | 258 | $195.69 | $50K | 6K |
| 2026-03-06 | KOENIG JOSHUA | EXECUTIVE VP/GENERAL COUNSEL | Tax withholding | 582 | $195.69 | $114K | 10K |
| 2026-03-06 | CANE RICHARD M | EVP; PRES. - INTERNATIONAL | Tax withholding | 273 | $195.69 | $53K | 7K |
| 2026-03-06 | CANE RICHARD M | EVP; PRES. - INTERNATIONAL | Tax withholding | 1K | $195.69 | $202K | 10K |
| 2026-03-06 | CANE RICHARD M | EVP; PRES. - INTERNATIONAL | Tax withholding | 613 | $195.69 | $120K | 12K |
| 2026-03-06 | Ciarfella Mark R | EVP - OPERATIONS | Tax withholding | 676 | $195.69 | $132K | 43K |
| 2026-03-06 | Cavanagh Brendan Thomas | PRESIDENT AND CEO | Tax withholding | 569 | $195.69 | $111K | 53K |
| 2026-03-06 | Cavanagh Brendan Thomas | PRESIDENT AND CEO | Tax withholding | 3K | $195.69 | $615K | 58K |
| 2026-03-06 | STOOPS JEFFREY | Director, CHAIRMAN | Tax withholding | 8K | $195.69 | $1.6M | 141K |
| 2026-03-06 | STOOPS JEFFREY | Director, CHAIRMAN | Exercise or conversion | 21K | $0.00 | $0 | 149K |
| 2026-03-06 | STOOPS JEFFREY | Director, CHAIRMAN | Tax withholding | 1K | $195.69 | $251K | 128K |
| 2026-03-06 | STOOPS JEFFREY | Director, CHAIRMAN | Exercise or conversion | 3K | $0.00 | $0 | 129K |
| 2026-03-06 | Montagner Marc | EVP - CHIEF FINANCIAL OFFICER | Tax withholding | 979 | $195.69 | $192K | 6K |
| 2026-03-06 | Montagner Marc | EVP - CHIEF FINANCIAL OFFICER | Exercise or conversion | 2K | $0.00 | $0 | 7K |
| 2026-03-06 | Montagner Marc | EVP - CHIEF FINANCIAL OFFICER | Tax withholding | 815 | $195.69 | $160K | 5K |
| 2026-03-06 | Montagner Marc | EVP - CHIEF FINANCIAL OFFICER | Exercise or conversion | 2K | $0.00 | $0 | 5K |
| 2026-03-06 | KREDI SAUL | VP & Chief Accounting Officer | Tax withholding | 321 | $195.69 | $63K | 8K |
| 2026-03-06 | KREDI SAUL | VP & Chief Accounting Officer | Exercise or conversion | 817 | $0.00 | $0 | 8K |
| 2026-03-06 | KREDI SAUL | VP & Chief Accounting Officer | Tax withholding | 230 | $195.69 | $45K | 7K |
| 2026-03-06 | KREDI SAUL | VP & Chief Accounting Officer | Exercise or conversion | 585 | $0.00 | $0 | 7K |
| 2026-03-06 | KREDI SAUL | VP & Chief Accounting Officer | Tax withholding | 43 | $195.69 | $8K | 7K |
| 2026-03-06 | KREDI SAUL | VP & Chief Accounting Officer | Exercise or conversion | 110 | $0.00 | $0 | 7K |
| 2026-03-06 | KREDI SAUL | VP & Chief Accounting Officer | Tax withholding | 360 | $195.69 | $70K | 7K |
| 2026-03-06 | KREDI SAUL | VP & Chief Accounting Officer | Exercise or conversion | 878 | $0.00 | $0 | 7K |
| 2026-03-06 | KREDI SAUL | VP & Chief Accounting Officer | Tax withholding | 58 | $195.69 | $11K | 6K |
| 2026-03-06 | KREDI SAUL | VP & Chief Accounting Officer | Exercise or conversion | 147 | $0.00 | $0 | 6K |
| 2026-03-06 | KOENIG JOSHUA | EXECUTIVE VP/GENERAL COUNSEL | Tax withholding | 756 | $195.69 | $148K | 11K |
| 2026-03-06 | KOENIG JOSHUA | EXECUTIVE VP/GENERAL COUNSEL | Exercise or conversion | 2K | $0.00 | $0 | 11K |
| 2026-03-06 | KOENIG JOSHUA | EXECUTIVE VP/GENERAL COUNSEL | Tax withholding | 582 | $195.69 | $114K | 10K |
| 2026-03-06 | KOENIG JOSHUA | EXECUTIVE VP/GENERAL COUNSEL | Exercise or conversion | 1K | $0.00 | $0 | 10K |
| 2026-03-06 | KOENIG JOSHUA | EXECUTIVE VP/GENERAL COUNSEL | Tax withholding | 2K | $195.69 | $303K | 9K |
| 2026-03-06 | KOENIG JOSHUA | EXECUTIVE VP/GENERAL COUNSEL | Exercise or conversion | 4K | $0.00 | $0 | 10K |
| 2026-03-06 | KOENIG JOSHUA | EXECUTIVE VP/GENERAL COUNSEL | Tax withholding | 258 | $195.69 | $50K | 6K |
| 2026-03-06 | KOENIG JOSHUA | EXECUTIVE VP/GENERAL COUNSEL | Exercise or conversion | 655 | $0.00 | $0 | 7K |
| 2026-03-06 | DAY DONALD | EVP - SITE LEASING | Tax withholding | 503 | $195.69 | $99K | 10K |
| 2026-03-06 | DAY DONALD | EVP - SITE LEASING | Exercise or conversion | 1K | $0.00 | $0 | 10K |
| 2026-03-06 | DAY DONALD | EVP - SITE LEASING | Tax withholding | 207 | $195.69 | $41K | 9K |
| 2026-03-06 | DAY DONALD | EVP - SITE LEASING | Exercise or conversion | 555 | $0.00 | $0 | 9K |
| 2026-03-06 | DAY DONALD | EVP - SITE LEASING | Tax withholding | 604 | $195.69 | $118K | 9K |
| 2026-03-06 | DAY DONALD | EVP - SITE LEASING | Exercise or conversion | 2K | $0.00 | $0 | 9K |
Form 4 filings are due within two business days of the trade. Insiders sell for many reasons that say nothing about the company; open-market buys are rarer.
Planned sales (Form 144)
Newest first. JSON1 Form 144 notice on file for SBAC worth $55K at the prices reported; 1 in the last 90 days worth $55K. Latest: GEORGE R. KROUSE JR filed on 2026-08-17 to sell 300 shares ($55K) from 2026-08-17.
| Filed | Seller | Shares | Market value | Of outstanding | Sale from | Broker |
|---|---|---|---|---|---|---|
| 2026-08-17 | GEORGE R. KROUSE JROfficer | 300 | $55K | 0.000% | 2026-08-17 | Morgan Stanley Smith Barney LLC Executive Financial Services |
Large holders (13D and 13G)
One row per reporting person with its latest filing, newest first. JSON3 holders report 5% or more of SBAC in their latest filing, all on Schedule 13G (passive). The largest reported stake is Dodge & Cox at 10.7% of the class (11,517,226 shares), filed 2025-11-06 for an event on 2025-10-31.
| Filed | Form | Holder | Shares | Of class | Event |
|---|---|---|---|---|---|
| 2026-04-30 | 13G | Vanguard Capital Managementinvestment adviser | 8.0M | 7.6% | 2026-03-31 |
| 2026-04-29 | 13G | Vanguard Portfolio Managementinvestment adviser | 9.7M | 9.2% | 2026-03-31 |
| 2026-03-27 | 13G/Ano. 13 | The Vanguard Groupinvestment adviser | 0 | 0.0% | 2026-03-13 |
| 2025-11-06 | 13G/Ano. 3 | Dodge & Coxinvestment adviser | 11.5M | 10.7% | 2025-10-31 |
13F holders
Tracked managers holding SBAC at their latest 13F. JSON7 of the 30 tracked managers held SBAC at their latest 13F, $438.9M in total at quarter-end prices. Citadel Advisors is the largest at $228.1M (0.0% of its portfolio) as of 2026-06-30. Over the prior quarter 3 added shares and 4 cut.
| Fund | Quarter | Shares | Value | Of portfolio | Change in shares |
|---|---|---|---|---|---|
| Citadel Advisors | 2026-06-30 | 1.3M | $228.1M | 0.03% | +887K |
| Millennium Management | 2026-06-30 | 700K | $123.5M | 0.04% | +555K |
| AQR Capital Management | 2026-06-30 | 413K | $72.3M | 0.03% | +259K |
| Point72 Asset Management | 2026-06-30 | 49K | $8.7M | 0.01% | -53K |
| Two Sigma Investments | 2026-06-30 | 28K | $4.9M | 0.00% | -455K |
| Bridgewater Associates | 2026-06-30 | 6K | $1.1M | 0.00% | -8K |
| D. E. Shaw & Co. | 2026-06-30 | 1K | $262K | 0.00% | -18K |
Only the 30 tracked managers on the funds hub; a 13F reports long positions in US listed stock at quarter end, 45 days late, and says nothing about shorts or positions sold since.
Financials
SEC XBRL, as filed. JSONIn Q2 FY 2026 (quarter ended 2026-06-30) SBA Communications reported revenue of $51.4M, down 23.5% from the same quarter a year earlier, and net income of $198.8M (1.87 diluted EPS). In FY 2025 it generated $1.29B of operating cash flow and spent $497.8M on buybacks and $479.0M on dividends. As of 2026-06-30, cash was $327.1M against $12.73B of debt.
- Cash
- $327.1M
- Debt
- $12.73B
- Equity
- -$4.63B
- Total assets
- $11.74B
- Shares outstanding
- 106,088,110
Quarterly, last 8 quarters
| Quarter | Period end | Revenue | Net income | Margin | Diluted EPS |
|---|---|---|---|---|---|
| Q2 FY 2026 | 2026-06-30 | $51.4M | $198.8M | 386.8% | 1.87 |
| Q1 FY 2026 | 2026-03-31 | $47.3M | $184.8M | 390.9% | 1.74 |
| Q4 FY 2025 | 2025-12-31 | $719.6M | $370.3M | 51.5% | 3.47 |
| Q3 FY 2025 | 2025-09-30 | $75.9M | $236.8M | 312.0% | 2.20 |
| Q2 FY 2025 | 2025-06-30 | $67.2M | $225.8M | 336.0% | 2.09 |
| Q1 FY 2025 | 2025-03-31 | $48.0M | $220.7M | 459.5% | 2.04 |
| Q4 FY 2024 | 2024-12-31 | $693.7M | $173.6M | 25.0% | 1.61 |
| Q3 FY 2024 | 2024-09-30 | $41.9M | $258.5M | 617.1% | 2.40 |
Fiscal years, with buybacks and dividends
| Fiscal year | Ends | Revenue | Net income | Operating cash flow | Capex | Buybacks | Dividends |
|---|---|---|---|---|---|---|---|
| FY 2025 | 2025-12-31 | $244.5M | $1.05B | $1.29B | $224.8M | $497.8M | $479.0M |
| FY 2024 | 2024-12-31 | $152.9M | $749.5M | $1.33B | $228.1M | $200.0M | $424.2M |
| FY 2023 | 2023-12-31 | $194.6M | $501.8M | $1.54B | $236.7M | $100.0M | $370.0M |
| FY 2022 | 2022-12-31 | $296.9M | $461.4M | $1.29B | $214.4M | $431.7M | $306.8M |
| FY 2021 | 2021-12-31 | $204.7M | $237.6M | $1.19B | $133.7M | $582.6M | $253.6M |
Quarters are the three-month figures the company reports; a fourth quarter marked derived is the fiscal year less the three reported quarters, since companies report it only inside the 10-K. Fiscal years are the annual figures. Buybacks are the cash the company paid to repurchase its common stock in the year, not the amount authorized. Balance sheet lines are as of 2026-06-30; shares outstanding as of 2026-07-28 from the cover page.
What this page is
SBA Communications in the regulatory record
Regulators publish company data in separate files that never sit next to each other: FINRA's twice-monthly short interest, its daily short sale volume, the SEC's fails-to-deliver counts, and each insider's Form 4. A company page puts those series for one ticker on one URL, with planned sales, large holders, 13F holders and financials beside them, so the short position, the daily flow, the settlement fails and what insiders are doing can be read together.
Each section has its own history table, a one-line summary of the latest figures and its own JSON and CSV links, and says when its source last updated.
This page follows SBA Communications (SBAC), SEC CIK 1034054, listed on Nasdaq, classified by the SEC as real estate investment trusts. The cross-market tables live on the short interest and insider transactions hubs.
Source and updates
- Short interest
- FINRA consolidated short interestSource: FINRA.Twice a month, about eight business days after settlement. Latest 2026-10-15.JSON and CSV
- Daily short volume
- FINRA Reg SHO daily filesSource: FINRA.Every trading day, the morning after FINRA posts it. Latest 2026-10-28.JSON and CSV
- Fails to deliver
- SEC fails-to-deliver dataSource: SEC.Twice a month, a few weeks after the half month ends. Latest 2026-09-29.JSON and CSV
- Planned sales
- SEC EDGAR Form 144Source: SEC.New notices appear shortly after the SEC posts them; a notice is filed on or before the sale. Latest 2026-08-17.JSON and CSV
- Large holders
- SEC EDGAR Schedule 13D and 13GSource: SEC.New filings appear shortly after the SEC posts them. A 13D is due within five business days of crossing 5%; a 13G follows the passive schedule. Latest 2026-04-30.JSON and CSV
- 13F holders
- SEC EDGAR Form 13F-HRSource: SEC.Quarterly, filed within 45 days of quarter end; 30 tracked managers. Latest 2026-06-30.JSON and CSV
- Financials
- SEC EDGAR 10-K and 10-Q filingsSource: SEC.Weekly; values are as filed in the 10-Q and 10-K. Latest 2026-06-30.JSON and CSV
- Earnings dates
- SEC EDGAR 8-K filings (Item 2.02)Source: SEC.Twice a day. Reported dates come from the company's 8-K filings; the next date is marked as an estimate until the 8-K arrives. Latest 2026-08-03.JSON and CSV
- Insider trades
- SEC EDGAR Form 4Source: SEC.New filings appear shortly after the SEC posts them; they're due two business days after the trade. Latest 2026-10-17.JSON and CSV
- Company record
- EDGAR filing index for CIK 1034054Ticker, name and exchange from the SEC's company list, refreshed weekly.
- Rate limits
- 10 requests a minute without a key, 30 with a free key from a free account.
How to read it
- Read the position against the flow: rising short interest with a high daily short share is new shorting; rising short interest with a normal short share is old shorts holding on.
- Insider buys next to a large short position are rare and stand out; insider sells next to one are common and mean little.
- Fails to deliver matter relative to the float, not in absolute shares; a million failed shares in a mega cap is noise.
Analysis of what the data shows, not advice. XOOMAR does not recommend buying, selling or holding anything.
Other companies the SEC classifies as real estate investment trusts
Other company pages
Datasets
Frequently Asked Questions
How much of SBAC is sold short?
3,400,692 shares were held short at the 2026-10-15 settlement, 3.3 days of average volume. FINRA publishes the next count about eight business days after the 15th and the last business day of the month.
What is SBAC's daily short volume?
On 2026-10-28, 235,956 of the 468,756 SBAC shares reported to FINRA were sold short, 50.3% of the day's reported volume. Short volume is a flow for one day, not a position.
Does SBAC have fails to deliver?
The SEC's latest file shows 2,498 SBAC shares failed to deliver at settlement 2026-09-29. Fails are reported per settlement date and published twice a month with a lag.
Are SBAC insiders buying or selling?
Insiders at SBAC reported 1 open-market sell worth $55K in the last 90 days and no open-market buys. Latest filing: Montagner Marc (EVP - CHIEF FINANCIAL OFFICER) on 2026-10-17.
Have SBAC insiders filed to sell?
1 Form 144 notice on file for SBAC worth $55K at the prices reported; 1 in the last 90 days worth $55K. Latest: GEORGE R. KROUSE JR filed on 2026-08-17 to sell 300 shares ($55K) from 2026-08-17.
Who owns 5% or more of SBAC?
3 holders report 5% or more of SBAC in their latest filing, all on Schedule 13G (passive). The largest reported stake is Dodge & Cox at 10.7% of the class (11,517,226 shares), filed 2025-11-06 for an event on 2025-10-31.
What did SBAC report last quarter?
In Q2 FY 2026 (quarter ended 2026-06-30) SBA Communications reported revenue of $51.4M, down 23.5% from the same quarter a year earlier, and net income of $198.8M (1.87 diluted EPS). In FY 2025 it generated $1.29B of operating cash flow and spent $497.8M on buybacks and $479.0M on dividends. As of 2026-06-30, cash was $327.1M against $12.73B of debt.
Which tracked 13F managers own SBAC?
7 of the 30 tracked 13F managers held SBAC shares at their latest filing, $438.9M in all. The largest: Ken Griffin's Citadel Advisors (1.3M shares, $228.1M), Izzy Englander's Millennium Management (700K shares, $123.5M), Cliff Asness's AQR Capital Management (413K shares, $72.3M), Steve Cohen's Point72 Asset Management (49K shares, $8.7M), Two Sigma Investments (28K shares, $4.9M), Ray Dalio's Bridgewater Associates (6K shares, $1.1M). The table above lists all 7.
Data on this page is provided for informational purposes only and is not financial advice. See our editorial policy.