Insider Trading Alert - CCOI, ZBRA And MKSI Traded By Insiders

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Yesterday, Sept. 2, 2014, 70 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $290.00 to $8,010,680.00.

Highlighted Stocks Traded by Insiders:

Cogent Communications Holdings (CCOI) - FREE Research Report

Ortega Ernest, who is Chief Revenue Officer at Cogent Communications Holdings, sold 8,500 shares at $32.75 on Sept. 2, 2014. Following this transaction, the Chief Revenue Officer owned 31,500 shares meaning that the stake was reduced by 21.25% with the 8,500-share transaction.

The shares most recently traded at $34.84, up $2.09, or 6% since the insider transaction. Historical insider transactions for Cogent Communications Holdings go as follows:

  • 4-Week # shares sold: 3,750
  • 12-Week # shares sold: 18,250
  • 24-Week # shares sold: 27,000

The average volume for Cogent Communications Holdings has been 386,500 shares per day over the past 30 days. Cogent Communications Holdings has a market cap of $1.6 billion and is part of the technology sector and telecommunications industry. Shares are down 14.15% year-to-date as of the close of trading on Tuesday.

Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access and Internet protocol communications service. The stock currently has a dividend yield of 3.46%. The company has a P/E ratio of 28.6. Currently, there are 4 analysts who rate Cogent Communications Holdings 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 Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Cogent Communications Holdings Ratings Report from TheStreet Quant Ratings now.

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