As Cogent Communications Hldgs (CCOI) Market Value Rose, Holder Skylands Capital LLC Has Decreased Stake by $5.00 Million

November 10, 2018 - By Tina Thibodeau

Cogent Communications Holdings, Inc. (NASDAQ:CCOI) LogoInvestors sentiment increased to 1.27 in Q2 2018. Its up 0.22, from 1.05 in 2018Q1. It is positive, as 19 investors sold CCOI shares while 51 reduced holdings. 36 funds opened positions while 53 raised stakes. 40.86 million shares or 0.23% more from 40.77 million shares in 2018Q1 were reported. Metropolitan Life holds 0% of its portfolio in Cogent Communications Holdings, Inc. (NASDAQ:CCOI) for 13,715 shares. Central Securities reported 200,000 shares. Gotham Asset Ltd has invested 0% in Cogent Communications Holdings, Inc. (NASDAQ:CCOI). National Insurance Com Tx holds 0.42% or 160,555 shares in its portfolio. Moreover, Ameritas Inv Prns Inc has 0.01% invested in Cogent Communications Holdings, Inc. (NASDAQ:CCOI). Moreover, Legal & General Public Limited Company has 0% invested in Cogent Communications Holdings, Inc. (NASDAQ:CCOI). Eagle Mgmt Ltd Liability owns 14,800 shares. Loomis Sayles & Com Limited Partnership reported 716,320 shares. Moreover, Guggenheim Cap Lc has 0.04% invested in Cogent Communications Holdings, Inc. (NASDAQ:CCOI) for 100,664 shares. Schwab Charles Investment Management Inc reported 276,692 shares stake. Numerixs Technologies holds 0.01% of its portfolio in Cogent Communications Holdings, Inc. (NASDAQ:CCOI) for 800 shares. The Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Cogent Communications Holdings, Inc. (NASDAQ:CCOI). Engineers Gate Manager LP holds 32,774 shares or 0.14% of its portfolio. Thrivent For Lutherans invested in 0% or 28,581 shares. Dimensional Fund Advisors LP has 1.36 million shares for 0.03% of their portfolio.

Since May 11, 2018, it had 0 insider purchases, and 19 selling transactions for $3.49 million activity. Montagner Marc also sold $100,000 worth of Cogent Communications Holdings, Inc. (NASDAQ:CCOI) shares. Another trade for 2,000 shares valued at $101,298 was sold by BROOKS STEVEN D. $51,950 worth of Cogent Communications Holdings, Inc. (NASDAQ:CCOI) shares were sold by ONEILL TIMOTHY G. $197,186 worth of Cogent Communications Holdings, Inc. (NASDAQ:CCOI) shares were sold by Bath Blake. On Friday, May 11 BUBECK JAMES sold $100,724 worth of Cogent Communications Holdings, Inc. (NASDAQ:CCOI) or 2,000 shares. $219,689 worth of Cogent Communications Holdings, Inc. (NASDAQ:CCOI) shares were sold by BEURY ROBERT N JR.

Skylands Capital Llc decreased its stake in Cogent Communications Hldgs (CCOI) by 26.5% based on its latest 2018Q2 regulatory filing with the SEC. Skylands Capital Llc sold 94,300 shares as the company’s stock rose 4.03% with the market. The hedge fund held 261,550 shares of the technology company at the end of 2018Q2, valued at $13.97M, down from 355,850 at the end of the previous reported quarter. Skylands Capital Llc who had been investing in Cogent Communications Hldgs for a number of months, seems to be less bullish one the $2.26B market cap company. The stock decreased 2.34% or $1.2 during the last trading session, reaching $50.05. About 273,093 shares traded. Cogent Communications Holdings, Inc. (NASDAQ:CCOI) has risen 21.14% since November 10, 2017 and is uptrending. It has outperformed by 5.52% the S&P500.

More news for Cogent Communications Holdings, Inc. (NASDAQ:CCOI) were recently published by: Seekingalpha.com, which released: “Cogent Communications Holdings, Inc. (CCOI) CEO Dave Schaeffer on Q3 2018 Results – Earnings Call Transcript” on November 03, 2018. Nasdaq.com‘s article titled: “New Research Coverage Highlights John B. Sanfilippo & Son, Axcelis Technologies, Cogent Communications, Star …” and published on November 08, 2018 is yet another important article.

Cogent Communications Holdings, Inc. (NASDAQ:CCOI) Ratings Coverage

Among 4 analysts covering Cogent Comms Hldgs (NASDAQ:CCOI), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. Cogent Comms Hldgs had 4 analyst reports since May 29, 2018 according to SRatingsIntel. Wells Fargo maintained the shares of CCOI in report on Friday, November 2 with “Market Perform” rating. BTIG Research downgraded Cogent Communications Holdings, Inc. (NASDAQ:CCOI) on Monday, October 8 to “Neutral” rating. As per Tuesday, May 29, the company rating was downgraded by RBC Capital Markets. The firm earned “Sell” rating on Friday, November 2 by Citigroup.

Cogent Communications Holdings, Inc. (NASDAQ:CCOI) Institutional Positions Chart

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