Zayo Group Holdings Inc (NYSE:ZAYO) CEO Daniel Caruso sold 12,500 shares of Zayo Group stock in a transaction on Friday, January 12th. The stock was sold at an average price of $36.70, for a total transaction of $458,750.00. Following the transaction, the chief executive officer now owns 4,286,654 shares in the company, valued at approximately $157,320,201.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Daniel Caruso also recently made the following trade(s):
- 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 transaction 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 transaction of $644,939.97.
Shares of Zayo Group Holdings Inc (NYSE:ZAYO) opened at $36.46 on Monday. Zayo Group Holdings Inc has a 52 week low of $29.73 and a 52 week high of $37.26. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 3.81. The firm has a market cap of $8,990.00, a price-to-earnings ratio of 95.95, a price-to-earnings-growth ratio of 14.84 and a beta of 0.53.
Zayo Group (NYSE:ZAYO) last posted its quarterly earnings results on Monday, November 6th. The technology company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.01). Zayo Group had a net margin of 3.99% and a return on equity of 8.01%. equities research analysts predict that Zayo Group Holdings Inc will post 0.49 EPS for the current year.
A number of institutional investors and hedge funds have recently bought and sold shares of ZAYO. Carmignac Gestion bought a new stake in Zayo Group in the second quarter valued at $150,427,000. Janus Henderson Group PLC increased its stake in Zayo Group by 13,304.8% in the second quarter. Janus Henderson Group PLC now owns 1,420,376 shares of the technology company’s stock valued at $43,890,000 after purchasing an additional 1,409,780 shares in the last quarter. Jana Partners LLC increased its stake in Zayo Group by 48.0% in the third quarter. Jana Partners LLC now owns 4,175,993 shares of the technology company’s stock valued at $143,738,000 after purchasing an additional 1,353,775 shares in the last quarter. Vanguard Group Inc. increased its stake in Zayo Group by 8.9% in the second quarter. Vanguard Group Inc. now owns 13,786,315 shares of the technology company’s stock valued at $425,998,000 after purchasing an additional 1,127,326 shares in the last quarter. Finally, Thornburg Investment Management Inc. bought a new stake in Zayo Group in the third quarter valued at $35,451,000. 84.07% of the stock is owned by hedge funds and other institutional investors.
ZAYO has been the subject of a number of analyst reports. UBS Group initiated coverage on shares of Zayo Group in a research note on Tuesday, October 17th. They set a “buy” rating for the company. Cowen reissued a “buy” rating on shares of Zayo Group in a research note on Friday, November 10th. TheStreet raised shares of Zayo Group from a “c” rating to a “b-” rating in a research note on Tuesday, October 17th. BidaskClub raised shares of Zayo Group from a “sell” rating to a “hold” rating in a research note on Friday, October 20th. Finally, SunTrust Banks reissued a “buy” rating and set a $45.00 target price on shares of Zayo Group in a research note on Thursday, December 7th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have assigned a buy rating to the company’s stock. Zayo Group presently has a consensus rating of “Hold” and a consensus price target of $39.42.
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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.
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