Insider Trading Alert - CCOI, ARE And GPK Traded By Insiders

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Yesterday, March 10, 2014, 109 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $50.96 to $374,999,999.94.

Highlighted Stocks Traded by Insiders:

Cogent Communications Group (CCOI) - FREE Research Report

Kilmer Henry W who is VP of IP Engineering at Cogent Communications Group sold 1,000 shares at $37.40 on March 10, 2014. Following this transaction, the VP of IP Engineering owned 36,750 shares meaning that the stake was reduced by 2.65% with the 1,000-share transaction.

The shares most recently traded at $36.72, down $0.68, or 1.85% since the insider transaction. Historical insider transactions for Cogent Communications Group go as follows:

  • 4-Week # shares sold: 2,000
  • 12-Week # shares sold: 7,500
  • 24-Week # shares sold: 16,000

The average volume for Cogent Communications Group has been 446,900 shares per day over the past 30 days. Cogent Communications Group has a market cap of $1.8 billion and is part of the technology sector and telecommunications industry. Shares are down 7.99% year-to-date as of the close of trading on Friday.

Cogent Communications Group, Inc. 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. The stock currently has a dividend yield of 1.72%. The company has a P/E ratio of 30.7. Currently there are 7 analysts that rate Cogent Communications Group a buy, 2 analysts rate it a sell, and 3 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on CCOI - FREE

TheStreet Quant Ratings rates Cogent Communications Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, compelling growth in net income and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Cogent Communications Group Ratings Report from TheStreet Quant Ratings now.

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