De SA Paul Acquires Shares of Cogent Communications
De SA Paul purchased 3,445 shares of Cogent Communications on June 30, 2026.
Key Points
- On June 30, 2026, De SA Paul bought 3,445 shares of Cogent Communications Holdings, Inc. (CCOI) on the NasdaqGS.
- Shares of CCOI traded at $13.88 on Wednesday, with a market cap of $695.1 million and a 52-week range of $12.33 to $54.37.
- Analysts recently maintained mixed ratings, with Citigroup keeping a 'hold' rating and TD Cowen maintaining a 'buy' with a $34.00 target.
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On June 30, 2026, De SA Paul purchased 3,445 shares of Cogent Communications Holdings, Inc. (NasdaqGS: CCOI). This transaction was not part of a pre-planned trading program. Shares of Cogent Communications traded at $13.88 on Wednesday.
Insider Buying and Selling at Cogent Communications Holdings, Inc.
In addition to De SA Paul, several other insiders, including Eve Howard, Lewis Ferguson, Sheryl Lynn Kennedy, Marc Montagner, and Thaddeus Gerard Weed, were active on June 30, 2026. Each acquired the same number of shares, 3,445. On June 16, 2026, Vice President and CFO Thaddeus Gerard Weed sold 4,850 shares at an average price of $16.79.
Other Institutional Activity in Cogent Communications
BlackRock, Inc. reduced its holdings by 115,645 shares, ending with 7,075,372 shares valued at approximately $133.3 million, a 1.6% decrease. Turtle Creek Asset Management Inc. increased its position by 312,050 shares, now holding 4,348,897 shares worth about $81.9 million, marking a 7.7% increase. Vanguard Portfolio Management LLC opened a new position with 2,748,759 shares valued at $51.8 million. State Street Corp grew its stake by 203,133 shares, totaling 2,273,265 shares valued at $42.8 million, a 9.8% increase.
Cogent Communications Holdings, Inc. Stock Up 46.4%
Cogent Communications Holdings, Inc. has a market cap of $695.1 million. The stock has a 52-week low of $12.33 and a high of $54.37. Its 50-day moving average is $18.03, while the 200-day moving average is $24.50. The company is not currently profitable, as indicated by a negative forward P/E ratio of -4.70. The beta of the stock is 0.747, suggesting it is less volatile than the market.
$CCOI stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Cogent Communications reported revenue of $889.4 million with a slight decline of 3.2% year-over-year. The company posted a net margin of -19.1% and a return on equity of -8.8%. The next earnings report is expected on August 6, 2026.
Dividend
The company offers an annual dividend rate of $1.08, resulting in a yield of 7.74%. The dividend payout ratio stands at 5.62%.
Analysts Set New Price Targets
On May 19, 2026, Citigroup maintained its 'hold' rating with a $20.00 price target. TD Cowen, on May 5, 2026, maintained a 'buy' rating with a target of $34.00. Wells Fargo kept a 'hold' rating with an $18.00 target. The consensus rating is 'buy' with a mean target price of $21.27 among 11 analysts.
About Cogent Communications Holdings, Inc.
Cogent Communications Holdings, Inc. provides high-speed internet access and private network services across North America, South America, Europe, Oceania, and Africa. Based in Washington, DC, and led by CEO David Schaeffer, the company serves small and medium-sized businesses, communication service providers, and other bandwidth-intensive organizations. Cogent operates data centers and offers both on-net and off-net services.
Bottom Line
Insider buying at Cogent Communications highlights ongoing interest in the company despite recent financial challenges. Investors keep a close eye on insider transactions as a potential indicator of future performance. Remember, the reported insider trades are backward-looking and may not reflect current positions.
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