{
  "id": 7922203,
  "title": "Lamar advertising director Thomas Reifenheiser sells $1.2m in shares",
  "url": "https://urgent.news/2026/09/17/lamar-advertising-director-thomas-reifenheiser-sells-1-2m-in-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T01:45:55.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/lamar-advertising-director-thomas-reifenheiser-sells-12m-in-shares-93CH-4904748"
  },
  "original_language": "en",
  "account": "Thomas V. Reifenheiser, a director at Lamar Advertising Co. (NASDAQ: LAMR), recently sold 8,099 shares of the company's Class A Common Stock on September 14, 2026. The transactions totaled approximately $1.2 million, with the shares traded at prices ranging from $148.75 to $149.23, averaging $149.0308 per share. This sale brings Mr. Reifenheiser's direct ownership of 36,387 shares of Lamar Advertising's Class A Common Stock.\n\nThe insider sale occurred as Lamar Advertising shares traded at $147.53, nearing its 52-week high of $166.33. In the first half of 2026, the stock has delivered a 19% return, according to InvestingPro analysis. However, the company appears overvalued at current levels, with a P/E ratio of 26.7 and a dividend yield of 4.46%. Lamar Advertising is valued at $15 billion.\n\nDespite the recent sale, Lamar Advertising reported strong financials in its second-quarter 2026 results, surpassing Wall Street expectations. The company reported earnings of $1.58 per share and revenue of $616.74 million, exceeding expectations. The company also raised its full-year AFFO outlook for 2026 to a range of $8.75 to $8.90 per share, driven by broad-based revenue growth and record margins. Lamar Advertising's performance showed strength across various sectors, including billboards, transit, airports, and logos, with 21 consecutive quarters of revenue growth.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Crocs director Beth Kaplan buys $99,227 in company stock",
        "url": "https://urgent.news/2026/09/16/crocs-director-beth-kaplan-buys-99-227-in-company-stock",
        "published": "2026-09-16T23:15:52.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}