Zayo Group Holdings, Inc. (NYSE:ZAYO) CEO Daniel Caruso sold 58,634 shares of the business’s stock in a transaction that occurred on Wednesday, October 4th. The stock was sold at an average price of $34.55, for a total transaction of $2,025,804.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Tuesday, October 3rd, Daniel Caruso sold 115,273 shares of Zayo Group Holdings stock. The shares were sold at an average price of $34.70, for a total transaction of $3,999,973.10.
  • On Friday, September 22nd, Daniel Caruso sold 29,114 shares of Zayo Group Holdings stock. The shares were sold at an average price of $34.35, for a total transaction of $1,000,065.90.
  • On Wednesday, August 30th, Daniel Caruso sold 295,078 shares of Zayo Group Holdings stock. The shares were sold at an average price of $33.89, for a total transaction of $10,000,193.42.
  • On Monday, July 31st, Daniel Caruso sold 152,900 shares of Zayo Group Holdings stock. The shares were sold at an average price of $32.70, for a total transaction of $4,999,830.00.
  • On Wednesday, July 26th, Daniel Caruso sold 154,402 shares of Zayo Group Holdings stock. The shares were sold at an average price of $32.38, for a total transaction of $4,999,536.76.

Shares of Zayo Group Holdings, Inc. (NYSE ZAYO) traded down 0.43% during mid-day trading on Thursday, reaching $34.83. 1,619,637 shares of the company’s stock were exchanged. The firm has a market capitalization of $8.59 billion, a P/E ratio of 99.51 and a beta of 0.55. The stock has a 50-day moving average of $34.38 and a 200 day moving average of $33.01. Zayo Group Holdings, Inc. has a one year low of $29.30 and a one year high of $35.65.

Zayo Group Holdings (NYSE:ZAYO) last announced its quarterly earnings data on Monday, August 21st. The technology company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.02). The firm had revenue of $638.00 million for the quarter, compared to analysts’ expectations of $642.67 million. Zayo Group Holdings had a net margin of 3.90% and a return on equity of 7.48%. The business’s quarterly revenue was up 25.8% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.13) EPS. On average, analysts forecast that Zayo Group Holdings, Inc. will post $0.61 EPS for the current fiscal year.

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A number of research firms recently issued reports on ZAYO. Moffett Nathanson reiterated a “neutral” rating and set a $39.00 target price (up previously from $34.00) on shares of Zayo Group Holdings in a research report on Thursday, September 28th. Stifel Nicolaus reiterated a “buy” rating on shares of Zayo Group Holdings in a research report on Tuesday, August 22nd. BidaskClub upgraded shares of Zayo Group Holdings from a “sell” rating to a “hold” rating in a research report on Friday, August 11th. Cowen and Company reiterated an “outperform” rating and set a $45.00 target price on shares of Zayo Group Holdings in a research report on Wednesday, August 23rd. Finally, William Blair reiterated an “ourperform” rating on shares of Zayo Group Holdings in a research report on Tuesday, August 22nd. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $38.36.

Institutional investors have recently made changes to their positions in the business. Mutual of America Capital Management LLC purchased a new position in Zayo Group Holdings during the second quarter valued at $142,000. Point72 Asia Hong Kong Ltd purchased a new position in Zayo Group Holdings during the first quarter valued at $151,000. Nordea Investment Management AB lifted its position in Zayo Group Holdings by 6.8% during the first quarter. Nordea Investment Management AB now owns 5,240 shares of the technology company’s stock valued at $172,000 after buying an additional 335 shares during the period. Neuberger Berman Group LLC purchased a new position in Zayo Group Holdings during the first quarter valued at $203,000. Finally, Cadence Capital Management LLC lifted its position in Zayo Group Holdings by 6.3% during the first quarter. Cadence Capital Management LLC now owns 6,493 shares of the technology company’s stock valued at $214,000 after buying an additional 382 shares during the period. 78.91% of the stock is owned by institutional investors and hedge funds.

Zayo Group Holdings 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.

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

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