Zayo Group Holdings Inc (NYSE:ZAYO) CEO Daniel Caruso sold 87,741 shares of the stock in a transaction on Monday, January 8th. The shares were sold at an average price of $36.05, for a total transaction of $3,163,063.05. Following the completion of the transaction, the chief executive officer now owns 4,383,535 shares of the company’s stock, valued at approximately $158,026,436.75. The sale was disclosed in a filing with the SEC, which is accessible through this link.
Daniel Caruso also recently made the following trade(s):
- On Tuesday, January 2nd, Daniel Caruso sold 17,723 shares of Zayo Group stock. The shares were sold at an average price of $36.39, for a total transaction of $644,939.97.
Shares of Zayo Group Holdings Inc (ZAYO) opened at $36.31 on Wednesday. Zayo Group Holdings Inc has a fifty-two week low of $29.73 and a fifty-two week high of $37.26. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 3.81. The company has a market cap of $8,950.00, a PE ratio of 95.55, a price-to-earnings-growth ratio of 14.67 and a beta of 0.53.
Several equities research analysts have recently weighed in on ZAYO shares. UBS Group started coverage on shares of Zayo Group in a report on Tuesday, October 17th. They issued a “buy” rating on the stock. Cowen reaffirmed a “buy” rating on shares of Zayo Group in a report on Friday, November 10th. TheStreet raised shares of Zayo Group from a “c” rating to a “b-” rating in a report on Tuesday, October 17th. BidaskClub raised shares of Zayo Group from a “sell” rating to a “hold” rating in a report on Friday, October 20th. Finally, SunTrust Banks reaffirmed a “buy” rating and issued a $45.00 target price on shares of Zayo Group in a report on Thursday, December 7th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $39.46.
Large investors have recently modified their holdings of the business. Thompson Davis & CO. Inc. grew its holdings in Zayo Group by 2,600.0% during the 3rd quarter. Thompson Davis & CO. Inc. now owns 3,375 shares of the technology company’s stock worth $116,000 after acquiring an additional 3,250 shares during the last quarter. Mutual of America Capital Management LLC bought a new position in shares of Zayo Group in the 2nd quarter valued at about $142,000. Rehmann Capital Advisory Group bought a new position in shares of Zayo Group in the 3rd quarter valued at about $212,000. Cadence Capital Management LLC bought a new position in shares of Zayo Group in the 3rd quarter valued at about $232,000. Finally, Campbell & CO Investment Adviser LLC bought a new position in shares of Zayo Group in the 3rd quarter valued at about $235,000. 84.07% of the stock is currently owned by hedge funds and other institutional investors.
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Zayo Group Company Profile
Zayo Group Holdings, Inc provides communications infrastructure services, including fiber and bandwidth connectivity, colocation and cloud infrastructure to a range of businesses. The Company operates in five segments: Dark Fiber Solutions, Network Connectivity, Colocation and Cloud Infrastructure, Zayo Canada and Other.
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