Zayo Group Holdings Inc (ZAYO) CEO Daniel Caruso Sells 119,352 Shares

Zayo Group Holdings Inc (NYSE:ZAYO) CEO Daniel Caruso sold 119,352 shares of the firm’s stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $37.70, for a total value of $4,499,570.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Daniel Caruso also recently made the following trade(s):

  • On Thursday, February 8th, Daniel Caruso sold 17,950 shares of Zayo Group stock. The stock was sold at an average price of $37.76, for a total value of $677,792.00.
  • On Wednesday, January 17th, Daniel Caruso sold 123,738 shares of Zayo Group stock. The stock was sold at an average price of $36.80, for a total value of $4,553,558.40.
  • On Friday, January 12th, Daniel Caruso sold 12,500 shares of Zayo Group stock. The stock was sold at an average price of $36.70, for a total value of $458,750.00.
  • On Monday, January 8th, Daniel Caruso sold 87,741 shares of Zayo Group stock. The stock was sold at an average price of $36.05, for a total value of $3,163,063.05.
  • On Tuesday, January 2nd, Daniel Caruso sold 17,723 shares of Zayo Group stock. The stock was sold at an average price of $36.39, for a total value of $644,939.97.

Zayo Group Holdings Inc (ZAYO) traded down $1.01 during mid-day trading on Thursday, hitting $35.72. The stock had a trading volume of 3,088,319 shares, compared to its average volume of 1,885,009. Zayo Group Holdings Inc has a 52 week low of $29.73 and a 52 week high of $37.95. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 3.73. The company has a market capitalization of $9,235.43, a price-to-earnings ratio of 105.06, a PEG ratio of 19.52 and a beta of 0.47.

Zayo Group (NYSE:ZAYO) last posted its earnings results on Wednesday, February 7th. The technology company reported $0.23 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.13 by $0.10. Zayo Group had a return on equity of 10.19% and a net margin of 3.42%. The company had revenue of $653.50 million for the quarter, compared to analyst estimates of $650.79 million. research analysts expect that Zayo Group Holdings Inc will post 0.38 EPS for the current year.

Hedge funds have recently bought and sold shares of the company. Thompson Davis & CO. Inc. lifted its holdings in shares of Zayo Group by 2,600.0% in the third quarter. Thompson Davis & CO. Inc. now owns 3,375 shares of the technology company’s stock valued at $116,000 after purchasing an additional 3,250 shares in the last quarter. Cerebellum GP LLC bought a new position in shares of Zayo Group in the fourth quarter valued at approximately $126,000. SG Americas Securities LLC bought a new position in shares of Zayo Group in the fourth quarter valued at approximately $141,000. American International Group Inc. bought a new position in shares of Zayo Group in the fourth quarter valued at approximately $162,000. Finally, Rehmann Capital Advisory Group bought a new position in shares of Zayo Group in the third quarter valued at approximately $212,000. Institutional investors own 85.69% of the company’s stock.

A number of equities research analysts have commented on ZAYO shares. Royal Bank of Canada reissued a “buy” rating on shares of Zayo Group in a research note on Friday, February 9th. Cowen reissued a “buy” rating on shares of Zayo Group in a research note on Friday, November 10th. SunTrust Banks raised their price objective on Zayo Group to $45.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Barclays reissued a “buy” rating and issued a $41.00 price objective on shares of Zayo Group in a research note on Friday, January 19th. Finally, Zacks Investment Research cut Zayo Group from a “hold” rating to a “sell” rating in a research note on Thursday, November 9th. Seven analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. Zayo Group presently has an average rating of “Buy” and an average price target of $41.09.

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About Zayo Group

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.

Insider Buying and Selling by Quarter for Zayo Group (NYSE:ZAYO)

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