Zayo Group Holdings Inc (ZAYO) CEO Daniel Caruso Sells 17,950 Shares

Zayo Group Holdings Inc (NYSE:ZAYO) CEO Daniel Caruso sold 17,950 shares of Zayo Group stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $37.76, for a total value of $677,792.00. Following the sale, the chief executive officer now owns 4,274,654 shares in the company, valued at $161,410,935.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Wednesday, January 17th, Daniel Caruso sold 123,738 shares of Zayo Group stock. The shares were 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 shares were 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 shares were 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 shares were sold at an average price of $36.39, for a total value of $644,939.97.

Zayo Group Holdings Inc (NYSE ZAYO) traded up $0.40 on Friday, hitting $35.23. The stock had a trading volume of 3,150,831 shares, compared to its average volume of 1,742,615. Zayo Group Holdings Inc has a 1 year low of $29.73 and a 1 year high of $37.95. The company has a debt-to-equity ratio of 3.81, a current ratio of 0.91 and a quick ratio of 0.91. The stock has a market cap of $8,590.00, a PE ratio of 103.62, a P/E/G ratio of 14.78 and a beta of 0.47.

Zayo Group (NYSE:ZAYO) last posted its quarterly earnings data on Monday, November 6th. The technology company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.01). Zayo Group had a return on equity of 10.37% and a net margin of 3.42%. research analysts expect that Zayo Group Holdings Inc will post 0.49 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently bought and sold shares of the company. American International Group Inc. purchased a new position in shares of Zayo Group in the 4th quarter worth about $162,000. HAP Trading LLC purchased a new position in shares of Zayo Group in the 4th quarter worth about $3,874,000. TCW Group Inc. boosted its holdings in shares of Zayo Group by 25.5% in the 4th quarter. TCW Group Inc. now owns 832,094 shares of the technology company’s stock worth $30,621,000 after purchasing an additional 169,265 shares in the last quarter. UBS Asset Management Americas Inc. boosted its holdings in shares of Zayo Group by 2.9% in the 4th quarter. UBS Asset Management Americas Inc. now owns 500,162 shares of the technology company’s stock worth $18,406,000 after purchasing an additional 14,085 shares in the last quarter. Finally, BlackRock Inc. boosted its holdings in shares of Zayo Group by 8.0% in the 4th quarter. BlackRock Inc. now owns 12,094,964 shares of the technology company’s stock worth $445,095,000 after purchasing an additional 900,414 shares in the last quarter. Hedge funds and other institutional investors own 84.71% of the company’s stock.

Several brokerages have issued reports on ZAYO. UBS Group began coverage on Zayo Group in a research note on Tuesday, October 17th. They issued a “buy” rating on the stock. Royal Bank of Canada restated a “buy” rating on shares of Zayo Group in a research note on Friday. Cowen restated a “buy” rating on shares of Zayo Group in a research note on Friday, November 10th. TheStreet upgraded Zayo Group from a “c” rating to a “b-” rating in a research note on Tuesday, October 17th. Finally, BidaskClub upgraded Zayo Group from a “sell” rating to a “hold” rating in a research note on Friday, October 20th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. Zayo Group has a consensus rating of “Hold” and an average price target of $39.64.

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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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