8 insiders at Clear Channel Outdoor Holdings, Inc. (CCO) sold shares totaling approximately $40.47M.

• Christopher S. Kiper (Director) — 2,107,996 shares at $2.40/share ($5.06M) • Partners Asset Management, Llc Legion (Director) — 2,107,996 shares at $2.40/share ($5.06M) • Partners, L.P. I. Legion (Director) — 2,107,996 shares at $2.40/share ($5.06M) • Partners, L.P. Ii Legion (Director) — 2,107,996 shares at $2.40/share ($5.06M) • Partners Holdings, Llc Legion (Director) — 2,107,996 shares at $2.40/share ($5.06M) • Partners, Llc Legion (Director) — 2,107,996 shares at $2.40/share ($5.06M) • Raymond T. White (Director) — 2,107,996 shares at $2.40/share ($5.06M) • Partners Special Opportunities, L.P. Xvi Legion (Director) — 2,107,996 shares at $2.40/share ($5.06M)

While insider sales can occur for many reasons — including diversification, tax planning, or personal liquidity needs — clustered selling by multiple insiders may warrant attention.