Cogent Communications (NASDAQ:CCOI) CFO Sells $109,755.50 in Stock

Cogent Communications Holdings, Inc. (NASDAQ:CCOI) CFO Thaddeus Gerard Weed sold 4,850 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $22.63, for a total transaction of $109,755.50. Following the completion of the sale, the chief financial officer owned 202,750 shares of the company’s stock, valued at approximately $4,588,232.50. This trade represents a 2.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Cogent Communications Stock Down 1.4%

Shares of CCOI traded down $0.32 during midday trading on Thursday, hitting $22.77. 1,424,641 shares of the company’s stock traded hands, compared to its average volume of 1,205,131. Cogent Communications Holdings, Inc. has a 1 year low of $15.96 and a 1 year high of $72.68. The firm’s fifty day moving average is $23.04 and its 200-day moving average is $29.22. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 49.06. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of -5.98 and a beta of 0.84.

Cogent Communications (NASDAQ:CCOI) last issued its quarterly earnings results on Friday, February 20th. The technology company reported ($0.64) earnings per share for the quarter, topping the consensus estimate of ($1.09) by $0.45. Cogent Communications had a negative return on equity of 842.48% and a negative net margin of 18.67%.The business had revenue of $240.52 million during the quarter, compared to the consensus estimate of $243.82 million. During the same quarter last year, the company earned ($0.91) earnings per share. The company’s quarterly revenue was down 4.7% on a year-over-year basis. As a group, sell-side analysts anticipate that Cogent Communications Holdings, Inc. will post -4.55 earnings per share for the current year.

Cogent Communications Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be issued a dividend of $0.02 per share. The ex-dividend date of this dividend is Friday, March 6th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.4%. Cogent Communications’s payout ratio is -2.10%.

Hedge Funds Weigh In On Cogent Communications

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd acquired a new stake in Cogent Communications in the 4th quarter valued at about $28,000. Virtu Financial LLC purchased a new position in shares of Cogent Communications during the fourth quarter worth about $416,000. Mercer Global Advisors Inc. ADV grew its holdings in shares of Cogent Communications by 60.0% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 18,857 shares of the technology company’s stock worth $407,000 after buying an additional 7,071 shares during the last quarter. Twinbeech Capital LP purchased a new position in shares of Cogent Communications in the 4th quarter valued at approximately $398,000. Finally, Man Group plc increased its holdings in shares of Cogent Communications by 2,685.1% in the fourth quarter. Man Group plc now owns 326,168 shares of the technology company’s stock valued at $7,032,000 after purchasing an additional 314,457 shares during the period. 92.45% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Cogent Communications

Here are the key news stories impacting Cogent Communications this week:

• Positive Sentiment: Management participated in investor conferences this week (Morgan Stanley and J.P. Morgan), providing refreshed guidance/visibility to investors and giving analysts and active holders fresh transcripts to parse for outlook details. Cogent Presents at Morgan Stanley Tech, Media & Telecom Conference 2026 Transcript Cogent Presents at J.P. Morgan 2026 Global Leveraged Finance Conference Transcript
• Neutral Sentiment: Media/analysis pieces looking at Cogent’s recent volatility, dividend signaling and valuation give investors context but contain mixed conclusions — useful for long-term thesis work but not an immediate catalyst. Does Cogent (CCOI) Pairing Losses With A Dividend Recast Its Capital Discipline And Governance Story? A Look At Cogent Communications Holdings (CCOI) Valuation After Recent Share Price Volatility
• Neutral Sentiment: Published short?interest data in this feed shows “0 shares” and NaN changes; that appears to be a reporting/data error and does not indicate a meaningful change in short-seller pressure. (Treat short?interest signals as unreliable until corrected.)
• Negative Sentiment: Multiple insider sales today: CFO Thaddeus Weed sold 4,850 shares (~$22.63 avg) and directors Sheryl Kennedy and Lewis Ferguson sold 3,300 and 2,206 shares respectively — these disposals materially reduced insider stakes and are being read as a near-term negative signal by traders. SEC filings: Form 4 – Weed Form 4 – Kennedy Form 4 – Ferguson
• Negative Sentiment: Wells Fargo cut its price target from $27 to $23 and kept an “equal weight” rating — a downgrade in expectations that reduces upside in dealer research and likely contributed to selling pressure. Wells Fargo Lowers Price Target on CCOI

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on CCOI. JPMorgan Chase & Co. cut their price objective on Cogent Communications from $37.00 to $23.00 and set a “neutral” rating on the stock in a report on Thursday, November 13th. TD Cowen restated a “buy” rating on shares of Cogent Communications in a research report on Monday, February 23rd. Royal Bank Of Canada decreased their price target on shares of Cogent Communications from $40.00 to $23.00 and set a “sector perform” rating on the stock in a research note on Thursday, November 13th. Zacks Research upgraded Cogent Communications from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 12th. Finally, Oppenheimer decreased their price objective on Cogent Communications from $40.00 to $30.00 and set an “outperform” rating on the stock in a report on Monday, February 23rd. Three investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Cogent Communications presently has a consensus rating of “Hold” and an average target price of $26.78.

About Cogent Communications

Cogent Communications (NASDAQ:CCOI) is a multinational Internet service provider specializing in high-speed Internet access and data transport services. The company operates one of the largest Tier 1 IP networks in the world, offering wholesale and enterprise customers reliable, low-latency connectivity. Cogent’s core services include dedicated Internet access, Ethernet transport, wavelength services, and MPLS-based IP Virtual Private Networks, all delivered over its privately owned, fiber-optic backbone.

In addition to network connectivity, Cogent provides data center colocation and managed services designed to support businesses with demanding bandwidth and redundancy requirements.