Microcap reports that Clear Channel Outdoor Scott Wells bought 5,000 shares of Clear Channel Outdoor on March 4.  With the purchase Wells directly owns 50,283 shares of stock valued at $209,000.

Insider’s take: If Insider were a Clear Channel Outdoor shareholder, he’d be happy that an insider is buying.  A $209,000 direct equity stake isn’t much, however for a CEO of a public company.  Insider bets that most of you have more than this invested in your business if it’s private.