American Tower beat earnings estimates, raised 2025 guidance, and saw major insider trading activity.

American Tower Corp. reported strong Q3 earnings of $2.78 per share, beating estimates by $0.14, with revenue rising 7.7% year-over-year to $2.72 billion. The company raised its 2025 full-year EPS guidance to $10.60–$10.72. Major shareholder Tower Corp /Ma/ sold 2.3 million shares, reducing its stake by 91.54%, while director Eugene F. Reilly increased his holdings by over 4,000%. Ritholtz Wealth Management cut its stake by 22.9%, and Eastern Bank boosted its position by 69.6%. The stock, trading at $183.82 with a market cap of $86.06 billion, offers a 3.7% dividend yield but has a payout ratio of 108.63%. Analysts remain mixed, with Goldman Sachs upgrading to “Buy” and others lowering targets, citing cautious near-term outlooks. CoreSite launched native 400G AWS Direct Connect in Chicago, supporting cloud and AI growth.