Insider Trading Review: Cogent Communications Holdings, Inc. $CCOI

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Cogent Communications Holdings, Inc. (CCOI) insider have most recently took part in a trading activity. On Dec 5, 2017 Liebhaber Richard, Director bought 700 shares having total worth of $31,710 at the price of $45.3 per share, following the transaction a total of 71,045 shares owned by Liebhaber Richard.

The stock has experienced a total of 4 insider trades in the past three months. These trades include 4 sell activities .Furthermore, over the past 12 months , the stock was traded 43 times by insiders. In 43 of these trades, the insider was a seller .

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 0 4 1.48%
12 Month 0 43 20.52%

Shares of Cogent Communications Holdings, Inc. (CCOI) traded down 1.54% on Dec 5, 2017, hitting $44.7. 321,373 shares of the company’s stock traded hands. Cogent Communications Holdings, Inc. has a 52 week low of $34.44 and a 52 week high of $53.9. The company’s market cap is $1,690 million.

Cogent Communications Holdings, Inc. (CCOI) last announced its earnings results on Nov 2, 2017. The company reported 0.08 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.13 by $0.05. The company had revenue of $123 million for the quarter, compared to the consensus estimate of $124 million. During the same quarter in the previous year, the company posted 0.08 earnings per share. The company’s revenue for the quarter was up 9% on a year-over-year basis.

2017-11-02 2017-08-03 2017-05-04 2017-02-23 2016-11-03 2016-08-04 2016-05-05 2016-02-25 2015-11-05 2015-08-06
earnings per share 0.08 0.10 0.09 0.09 0.08 0.09 0.08 0.06 0.04 0.02
Revenue(M) 122.97 119.78 117.2 115.6 113.06 109.96 108.29 105.18 103.02 98.8

Cogent Communications Group, Inc. was incorporated in Delaware in 1999. The Company provides high-speed Internet access, Internet Protocol, and communications services primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations in North America, Europe, and Japan. It offers on-net services to bandwidth-intensive users, such as universities, other Internet service providers, telephone companies, cable television companies, and commercial content providers; and multi-tenant office buildings, including law firms, financial services firms, advertising and marketing firms, and other professional services businesses. The Company also provides its on-net services in carrier-neutral co-location facilities, company controlled data centers, and single-tenant office buildings. In addition, it offers off-net services to businesses that are connected to its network primarily by means of last mile access service lines obtained from other carriers primarily in the form of point-to-point carrier Ethernet, TDM, POS, and/or SDH circuits. Further, it provides voice services; and Internet connectivity to customers that are not located in buildings directly connected to the company’s network. Additionally, it operates 43 data centers that allow customers to co-locate their equipment and access its network.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.