Stock Ratings / Financials / SBAC / insiders

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SBA Communications Corporation (SBAC) Insider, 13F Hedge Fund & Politician Buy/Sell Thermometer

$187.15 +1.23% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $188.01

SBA Communications Corporation (SBAC) earns a Roarable Rating of B (Buy) with 72/100 RQD Confidence. High-quality cash engine (steady margins, 18% return on capital) with steady institutional support. The company’s underlying cash engine and institutional positioning keep the composite score in the Green Buy zone.

📊 Historical Track Record: Scores of 72/100 (B) historically ranked in the Top 13% of excess returns over the next 90 days (+7.0% avg 90D alpha vs SPY • 68.7% hit rate) →

ROARABLE B • BUY Cap $19.85B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on SBAC Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is SBAC stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-03, SBA Communications Corporation (NASDAQ: SBAC) is rated B (Buy / BUY) by Roarable's 5-pillar RQD engine with a composite confidence score of 72/100 at a spot price of $187.15 (+1.23% 1D, market cap $19.85B). Pillar breakdown: Fundamental Cash Engine 15/20, Institutional 13F & Options Flow 12/20, Executive Insider Alignment 15/20, FRED Macro Regime Fit 12/20, and SEC Balance-Sheet Forensics 18/20. Across 1096 tracked Financials issuers, SBAC ranks #65 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does SBAC compare to HST and ESS in the Financials sector?

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Within the Financials sector (Real Estate Investment Trusts), SBAC carries a Roarable B (72/100 RQD), trailing P/E of 18.6x, gross margin of —, and ROIC of 18.1%. By comparison, HST (Host Hotels & Resorts Inc.) holds a B grade (74/100 RQD, P/E 23.0x, ROIC 8.0%, cap $17.33B) and ESS (Essex Property Trust Inc.) posts a C grade (63/100 RQD, P/E 24.3x, ROIC 8.3%, cap $17.00B). Among the 5-stock peer group, SBAC leads on earnings multiple (18.6x) while SBAC leads on capital efficiency (18.1% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for SBAC?

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Per SBAC's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001034054), SBA Communications Corporation generated $244.5M in revenue (+59.9% YoY), $1.05B in net income, and $1.07B in free cash flow against $11.58B in total assets and $10.96B in total debt. Key quantitative strengths: Strong cash generator (steady margins)—profits are backed by real money, not accounting tricks.. Primary risk factors monitored: Broader market pullbacks can still drag down strong stocks in the short run.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $188.01 (+0.46%)🧬 Cannibal Buyback (-2.92% YoY Shares)⚙️ Cash Engine: 15/20 (B) • 436.2% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record: Scores of 72/100 (B) historically ranked in the Top 13% of excess returns over the next 90 days (+7.0% avg 90D alpha vs SPY • 68.7% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERBUY • B

3-of-3 JEV AI Jury Bullish

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw B · Rk C+

Each axis scored 0–20

12M PRICE TARGET CONE+6.3% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for SBAC)Realized 20D OHLCV Swing Band: ±6.4%

Deterministic 5-Pillar Attribution (72/100 Composite)

🔍 WHY SBAC SCORES 72/100 (B) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Insider Conviction & Share Dilution+18/20 pts (25% of score)

SEC Form 4 / 13F Thermometer: 86% Net Buy • Cannibal Buyback (-2.92% YoY Shares)

▲ #2 Bullish Driver: Cash Engine Quality+15/20 pts (21% of score)

SEC XBRL FY 2025 (10-K): 436.2% FCF Margin ($1.07B FCF) & 868.8% Gross Margin

▼ #1 Drag / Risk Factor: Macro Regime Fit12/20 pts (-8 pt drag)

Macro rate sensitivity & RSI-14 (59) create a -8 pt regime headwind

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade C+$180.71-4% Next Q

Q2 (-2Q)

Grade B-$173.41+6.5% Next Q

Q3 (-1Q)

Grade B-$184.76+1.3% Next Q

Current

Grade B$187.15+7% Hist 90D α

Trajectory: C+ (64) → B (72)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the SBAC Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 72/100 (B) score, SBAC faces multiple-compression risk if 18.6x trailing P/E re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Broader market pullbacks can still drag down strong stocks in the short run.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Cannibal Buyback (-2.92% YoY Shares) — any gross margin slip below 866.3% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($179.45) or 200D SMA ($190.23) invalidates the momentum regime and cuts Target Base ($198.94) toward Bear Floor ($153.46).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $SBAC• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “SBAC Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 72%NO 28%Trade / Inspect Odds →

SEC FORM 4 × 13F HEDGE FUNDS × CONGRESSIONAL STOCK ACT

SBAC Smart-Money Thermometer: HEAVY INSIDER & 13F ACCUMULATION

Explore All 13F & Congress Whales →

▲ Disclosed Buys: 0 ($0)▼ Disclosed Sales: 0 ($0)

Wide-Open SEC Form 4, 13F & Congressional Disclosure Ledger (SBAC)

No recent open-market Form 4 cluster sales or emergency dumps flagged on SBAC. Visit the Global 13F & Congressional Whale Ledger for cross-market smart-money filings.

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Quantitative Research Desk

Scheduled RQD Strong Buys & Whale Accumulation Briefing (SBAC Tape Review)

✓Breakdown of the highest-scoring RQD Green-Light breakouts across our 5,200+ rated universe
✓Forensic Red-Light accounting & dilution traps to review on your watchlist
✓Includes downloadable .ics calendar invite & nightly RQD rating-change email alerts

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

Want Custom AI PineScript / Python Indicators & Priority Rating-Change Alerts?

Join Founding VIP Waitlist (No Card Required) →$100K Arena

SBAC // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -14.12%📐 HORIZONTAL RANGE

2026-11-03O $184.9H $187.2L $184.9C $187.2VOL 934.5K

RES: $197.3SUP: $150.8SMA50: $179.5SMA200: $190.2

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

SBAC Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 SBAC Butterfly Map → + Track SBAC →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

11.9%/yr Implied 5Y Growth

vs. +59.9% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on SBAC today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for SBAC. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for SBAC today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (SBAC)

Financials Rank #65 of 1096 ⚔️ HST vs SBAC Full Matrix →

1. Head-to-Head Financials Peer Comparison (SBAC vs. HST, ESS, KIM, LAMR)

Industry: Real Estate Investment Trusts (172 Tracked Issuers)

Across 1096 tracked Financials securities in the Roarable RQD universe, SBA Communications Corporation (SBAC) ranks #65 by composite RQD confidence (72/100, grade B) and #118 by equity capitalization ($19.85B). Within this direct 5-issuer industry benchmark cohort, SBAC leads on earnings valuation at 18.6x trailing P/E, while SBAC leads on capital efficiency and profitability with 18.1% ROIC and — gross margin. HST currently holds the highest overall quantitative score in the immediate peer group at 74/100 (B) compared with SBAC at 72/100 (B).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
SBAC ACTIVE SBA Communications Corporation	B	72/100	18.6x	—	18.1%	+1.23%	$19.85B	Benchmark Subject
HST Host Hotels & Resorts Inc.	B	74/100	23.0x	—	8.0%	-1.56%	$17.33B	/hst-vs-sbac →
ESS Essex Property Trust Inc.	C	63/100	24.3x	—	8.3%	-0.39%	$17.00B	/ess-vs-sbac →
KIM Kimco Realty Corporation (HC)	B-	70/100	29.5x	—	4.3%	+0.41%	$16.29B	/kim-vs-sbac →
LAMR Lamar Advertising Company	B-	71/100	27.5x	—	14.8%	-0.94%	$16.00B	/lamr-vs-sbac →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001034054

In its most recent audited fiscal period (FY2025, filed 2025-12-31), SBA Communications Corporation (SBAC) reported GAAP revenue of $244.5M (+59.9% vs. FY2024 revenue of $152.9M , and +25.6% cumulative change since FY2023) , GAAP net income of $1.05B, operating cash flow of $1.29B, and free cash flow of $1.07B (-3.6% YoY). On the balance sheet, SBAC closed FY2025 with $11.58B in total assets against $10.96B in total debt (Altman Z-Score: N/A, Piotroski F-Score: 8/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$244.5M	$1.05B	$1.29B	$1.07B	$11.58B	$10.96B
FY2024 (FY)	2024-12-31	$152.9M	$749.5M	$1.33B	$1.11B	$11.42B	$12.40B
FY2023 (FY)	2023-12-31	$194.6M	$501.8M	$1.54B	$1.54B	$10.79B	$2.52B

3. SBAC Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is SBAC stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does SBAC compare to HST and ESS in the Financials sector?

What are the biggest fundamental strengths and SEC risk factors for SBAC?

Where is SBAC trading relative to its 50-day, 200-day, and 52-week technical levels?

SBAC last traded at $187.15 (+1.23% on volume of 934,471 shares), positioning the stock +4.29% above its 50-day simple moving average ($179.45) and -1.62% below its 200-day simple moving average ($190.23). Across its 52-week range of $156.60 to $224.46, SBAC sits at the 45.0% percentile with a 14-day RSI of 59.0 (BULLISH MOMENTUM) and an implied next-earnings move of ±6.4% ($175.17 to $199.13).

SBAC Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

Are SBAC insiders and hedge funds buying or selling?

Roarable's SEC Form 4 and 13F Whale Thermometer currently classifies SBAC leadership and institutional positioning as: HEAVY INSIDER & 13F ACCUMULATION.

Direct Sub-Reports: SBAC RQD Cockpit SBAC 12M Forecast SBAC Earnings & Move SBAC Dividends & DRIP SBAC Insiders & 13F SBAC Whale Options SBAC Profit Sankey SBAC News & Why

ROARABLE RATING BRIEF • RQD 72/100 (B) ✓ STAGE-C NUMBER FIREWALL VERIFIED

SBAC — SBA Communications Corporation: What the Facts Mean to a Prospective Investor

Engine: anthropic/claude-haiku-5.5

As of: 2026-11-02T15:13:45Z

Roarable Rating Brief: What This Means to a Prospective Investor

Per the Roarable RQD rating, SBAC scores 71 out of 100, a letter grade of B-, with the verdict label "Roarable Buy — Sound Institutional Accumulation." The fundamental cash engine pillar scores 15 out of 20, supported by an ROIC of 18.1% and an FCF yield of 5.44%; for a prospective investor, this is the strongest evidence that the business converts capital into cash at a healthy rate, though the source does not break down how that yield is distributed across time. The whale 13F flow pillar scores 12 out of 20, reflecting institutional accumulation and options positioning, a moderate signal that institutions are building positions without showing extreme conviction. The insider conviction pillar scores 18 out of 20, the highest of the five, reflecting SEC Form 4 and Congressional PTR cluster flow; this is the most notable pillar, though the underlying trade-level detail is not present in the source data. The macro regime fit pillar scores 11 out of 20, with a beta of 0.95 per the market data, indicating the stock has tracked broad market movement roughly one-for-one with modest sector sensitivity. The forensic balance sheet pillar scores 15 out of 20, supported by an Altman Z-Score of 2.5, a Piotroski F-Score of 8 out of 9, and a Debt/Equity ratio of 0.5. Taken together, the rating points to a stock with a strong cash-generation and balance-sheet profile and a notable insider signal, offset by a moderate institutional and macro fit. The valuation tradeoff is that the trailing P/E of 18.6 and EV/EBITDA of 19.8 sit above the forward P/E of 15.6, implying expected earnings growth that the source does not quantify. Prospective investors should weigh the upside drivers (cash yield, insider flow, low beta) against the valuation premium and the absence of analyst coverage in the source data.

Snapshot

Price	Market Cap	P/E (TTM)	Forward P/E	EV/EBITDA	EPS (TTM)	Dividend Yield	Beta	52-Wk Range	ROIC %
184.88	$19.61B	18.6	15.6	19.8	9.93	2.44%	0.95	$156.6 - $224.46	18.1%

Financial Trend

Period	Revenue	Operating Income	Net Income	EPS	FCF	Cash	Debt
FY 2025	$244.5M	$1342.8M	$1053.6M	N/A	$1066.5M	$264.6M	$10964.5M
FY 2024	$152.9M	$1435.8M	$749.5M	N/A	$1106.7M	$189.8M	$12403.8M
FY 2023	$194.6M	$923.7M	$501.8M	N/A	$1535.6M	N/A	$2524.3M

Per the market data, operating margin is 75%, net margin is 68%, and gross margin is 0%, with ROIC at 18.1%. Per the forensic balance-sheet pillar of the RQD rating, the Altman Z-Score is 2.5 and the Piotroski F-Score is 8 out of 9, with Debt/Equity at 0.5. Reported debt rose from $2524.3M in FY 2023 to $12403.8M in FY 2024 before declining to $10964.5M in FY 2025, a pattern the source does not explain. Reported revenue and net income figures should be read against operating income figures that exceed revenue, which the source does not reconcile.

Recent Catalysts & News Wire Analysis

Per the recent news section, five items are listed, all sourced from aggregator feeds and all tagged with a YELLOW light and MARKET WIRE impact label. The items include a Yahoo Finance Singapore profile page, a Yahoo! Finance Canada profile page, a TradingView preview titled around SBA Communications reporting Q3 earnings, a Benzinga piece on American Tower, Crown Castle, and SBA Communications stocks surging on a Friday, a MarketBeat item describing a "Hold" rating from sell-side brokerages, and a TradingView estimates page. The earnings preview and the "Hold" rating item are the most decision-relevant headlines, but the source does not provide the content of those articles beyond their titles. Risk watch items the source does not resolve include the reason for the sector-wide move, the actual Q3 estimates, and the basis for the "Hold" designation. The butterfly supply-chain graph lists no supply-chain links and no proprietary signals.

Open Questions

What are SBAC's specific business lines, customers, and revenue model, given that the source describes only sector and industry?
Why does reported operating income exceed reported revenue in every period, and how is the gap between net income and reported revenue explained?
What drove the debt increase from $2524.3M in FY 2023 to $12403.8M in FY 2024, and what is the current debt maturity profile?
What do the insider Form 4 and Congressional PTR trades underlying the 18/20 insider pillar actually consist of, including dates, sizes, and participants?
What are the consensus analyst rating, price targets, and earnings estimates, given that analyst data is absent from the source?

SBAC Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for SBA Communications Corporation (SBAC) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to SBAC Debate Forum (3) ↓

🟡 MARKET WIRE Yahoo Finance Singapore • 17h ago

SBA Communications Corporation (SBAC) stock price, news, quote and history

Yahoo Finance Singapore report covering SBA Communications Corporation (SBAC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE TradingView • 23h ago

SBA Communications to Report Q3 Earnings: What to Expect From SBAC?

TradingView report covering SBA Communications Corporation (SBAC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Benzinga • 1d ago

Why Are American Tower, Crown Castle And SBA Communications Stocks Surging Friday? - American Tower (NYSE

Benzinga report covering SBA Communications Corporation (SBAC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE MarketBeat • 1d ago

SBA Communications Corporation (NASDAQ:SBAC) Stock Rated "Hold" by Sell-Side Brokerages

MarketBeat report covering SBA Communications Corporation (SBAC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE TradingView • 1d ago

SBA Communications Corporation Estimates – NASDAQ:SBAC

TradingView report covering SBA Communications Corporation (SBAC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST Yahoo Finance • 1d ago

Strength Seen in SBA Communications (SBAC): Can Its 7.3% Jump Turn into More Strength?

Yahoo Finance report covering SBA Communications Corporation (SBAC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE MarketBeat • 1d ago

SBA Communications (NASDAQ:SBAC) Shares Gap Up - Still a Buy?

MarketBeat report covering SBA Communications Corporation (SBAC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Benzinga • 1d ago

'SpaceX is in talks to buy Boost Mobile or use its network, giving Musk a potential backdoor into the $235 billion cellphone market' - Washington Post Exclusive

https://www.washingtonpost.com/technology/2026/11/02/inside-elon-musks-plan-upend-wireless-phone-industry/

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

SBAC Bull vs. Bear Conversation Board — What's Your Call at $187.15?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON SBAC 🐻 33% BEARISH CONVICTION

RO RoarDesk_Moderator Roarable Research Desk 🐂 BULLISH 🎯 Target: $218.16 (+18.0%)

📌 Pinned Debate

🔥 Official Bull vs. Bear Debate: Is SBAC (B- • RQD 71/100) a Buy at $184.88?

Welcome to the SBAC (SBA Communications Corporation) Roar Pit. Current RQD Composite is 71/100 (Roarable Buy — Sound Institutional Accumulation) in Real Estate Investment Trusts. Bulls point to capital efficiency (18.1% ROIC), while bears focus on macro rate sensitivity and margin execution. Pick your side (🐂 Bull or 🐻 Bear) and drop your price target below.

MU MultipleCompression Forensic Accounting Watch 🐻 BEARISH 🎯 Target: $155.30 (-16.0%)

Spot @ $184.88

Pump the brakes on SBAC — check the valuation vs. margin headwinds

Everyone in here is repeating the bull case on SBAC, but look at what you are paying: 18.6x trailing P/E with tightening sector spreads. Unless SBA Communications Corporation expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.

DE DeltaGamma_99 Verified K Arena Trader 🐂 BULLISH 🎯 Target: $220.01 (+19.0%)

Spot @ $184.88

SBAC cash flow & RQD setup is being underpriced by the Street here

Looking at the 5-pillar RQD breakdown on SBAC, the market is fixating on short-term headline noise in Real Estate Investment Trusts and ignoring the balance sheet and cash flow trajectory. At $184.88 (52-wk range $156.60 - $224.46), any beat on forward guidance forces shorts and underweight funds to chase.