Zayo Group Holdings Inc. (NYSE:ZAYO) CEO Daniel Caruso sold 28,325 shares of Zayo Group Holdings stock in a transaction on Monday, October 3rd. The shares were sold at an average price of $29.65, for a total transaction of $839,836.25. Following the completion of the sale, the chief executive officer now owns 4,436,558 shares in the company, valued at approximately $131,543,944.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

  • On Thursday, October 6th, Daniel Caruso sold 6,028 shares of Zayo Group Holdings stock. The shares were sold at an average price of $31.01, for a total transaction of $186,928.28.
  • On Wednesday, October 5th, Daniel Caruso sold 42,000 shares of Zayo Group Holdings stock. The shares were sold at an average price of $30.80, for a total transaction of $1,293,600.00.
  • On Thursday, September 1st, Daniel Caruso sold 13,000 shares of Zayo Group Holdings stock. The shares were sold at an average price of $29.12, for a total transaction of $378,560.00.
  • On Monday, August 1st, Daniel Caruso sold 11,847 shares of Zayo Group Holdings stock. The shares were sold at an average price of $28.13, for a total transaction of $333,256.11.

Zayo Group Holdings Inc. (NYSE:ZAYO) opened at 30.93 on Friday. Zayo Group Holdings Inc. has a 12 month low of $19.59 and a 12 month high of $31.08. The stock’s market cap is $7.51 billion. The firm has a 50-day moving average price of $29.48 and a 200-day moving average price of $27.64.

Zayo Group Holdings (NYSE:ZAYO) last posted its quarterly earnings results on Thursday, August 25th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by $0.15. Zayo Group Holdings had a negative return on equity of 3.44% and a negative net margin of 4.43%. The firm had revenue of $507.30 million for the quarter, compared to the consensus estimate of $498.62 million. During the same period in the previous year, the company posted $0.02 EPS. Zayo Group Holdings’s quarterly revenue was up 40.2% compared to the same quarter last year. Equities research analysts expect that Zayo Group Holdings Inc. will post $0.26 earnings per share for the current fiscal year.

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

Several institutional investors have recently bought and sold shares of ZAYO. Mycio Wealth Partners LLC increased its position in Zayo Group Holdings by 0.3% in the second quarter. Mycio Wealth Partners LLC now owns 45,287 shares of the company’s stock worth $1,265,000 after buying an additional 133 shares during the last quarter. Legal & General Group Plc increased its position in Zayo Group Holdings by 5.1% in the second quarter. Legal & General Group Plc now owns 8,909 shares of the company’s stock worth $249,000 after buying an additional 436 shares during the last quarter. Private Advisor Group LLC increased its position in Zayo Group Holdings by 1.4% in the second quarter. Private Advisor Group LLC now owns 35,918 shares of the company’s stock worth $990,000 after buying an additional 484 shares during the last quarter. Public Employees Retirement Association of Colorado increased its position in Zayo Group Holdings by 13.8% in the second quarter. Public Employees Retirement Association of Colorado now owns 5,241 shares of the company’s stock worth $146,000 after buying an additional 634 shares during the last quarter. Finally, Norman Fields Gottscho Capital Management LLC increased its position in Zayo Group Holdings by 9.5% in the second quarter. Norman Fields Gottscho Capital Management LLC now owns 19,550 shares of the company’s stock worth $546,000 after buying an additional 1,700 shares during the last quarter. 57.46% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have recently commented on the stock. Zacks Investment Research upgraded shares of Zayo Group Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, August 31st. William Blair restated an “outperform” rating on shares of Zayo Group Holdings in a report on Friday, August 26th. Morgan Stanley restated an “overweight” rating on shares of Zayo Group Holdings in a report on Sunday, July 24th. Pacific Crest assumed coverage on shares of Zayo Group Holdings in a report on Monday, July 25th. They set a “sector weight” rating and a $30.00 target price on the stock. Finally, FBR & Co restated a “hold” rating on shares of Zayo Group Holdings in a report on Friday, August 26th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $30.15.

Zayo Group Holdings Company Profile

Zayo Group Holdings, Inc is a provider of bandwidth infrastructure in the United States and Europe. The Company’s products include leased dark fiber, fiber to cellular towers and small cell sites, dedicated wavelength connections, Ethernet and Internet protocol (IP) connectivity and other high-bandwidth offerings.

5 Day Chart for NYSE:ZAYO

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