Zayo Group Holdings Inc. (NYSE:ZAYO) CEO Daniel Caruso sold 76,000 shares of the firm’s stock in a transaction dated Wednesday, November 9th. The stock was sold at an average price of $32.86, for a total transaction of $2,497,360.00. Following the completion of the sale, the chief executive officer now owns 4,355,342 shares of the company’s stock, valued at approximately $143,116,538.12. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

  • On Tuesday, November 1st, Daniel Caruso sold 20,175 shares of Zayo Group Holdings stock. The stock was sold at an average price of $32.16, for a total transaction of $648,828.00.
  • 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 Monday, October 3rd, Daniel Caruso sold 28,325 shares of Zayo Group Holdings stock. The shares were sold at an average price of $29.65, for a total transaction of $839,836.25.
  • 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.

Zayo Group Holdings Inc. (NYSE:ZAYO) opened at 32.89 on Monday. Zayo Group Holdings Inc. has a 12 month low of $19.59 and a 12 month high of $33.96. The stock’s market cap is $8.00 billion. The stock has a 50 day moving average of $31.36 and a 200-day moving average of $28.93.

Zayo Group Holdings (NYSE:ZAYO) last posted its earnings results on Tuesday, November 8th. The company reported $0.06 EPS for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.01. Zayo Group Holdings had a negative net margin of 2.44% and a negative return on equity of 0.93%. The company had revenue of $504.90 million for the quarter, compared to analysts’ expectations of $511.81 million. During the same quarter in the prior year, the company posted ($0.06) earnings per share. Zayo Group Holdings’s revenue for the quarter was up 37.6% compared to the same quarter last year. On average, equities analysts forecast that Zayo Group Holdings Inc. will post $0.33 EPS for the current fiscal year.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of ZAYO. Marlowe Partners LP boosted its position in Zayo Group Holdings by 12.9% in the third quarter. Marlowe Partners LP now owns 1,855,741 shares of the company’s stock worth $55,134,000 after buying an additional 211,472 shares during the last quarter. Cadian Capital Management LP boosted its position in Zayo Group Holdings by 2.6% in the third quarter. Cadian Capital Management LP now owns 5,749,067 shares of the company’s stock worth $170,805,000 after buying an additional 143,600 shares during the last quarter. Quadrature Capital Ltd boosted its position in Zayo Group Holdings by 24.5% in the third quarter. Quadrature Capital Ltd now owns 17,237 shares of the company’s stock worth $512,000 after buying an additional 3,397 shares during the last quarter. Northern Trust Corp boosted its position in Zayo Group Holdings by 25.5% in the third quarter. Northern Trust Corp now owns 494,912 shares of the company’s stock worth $14,704,000 after buying an additional 100,650 shares during the last quarter. Finally, Princeton Alpha Management LP boosted its position in Zayo Group Holdings by 201.9% in the third quarter. Princeton Alpha Management LP now owns 28,998 shares of the company’s stock worth $862,000 after buying an additional 19,394 shares during the last quarter. 52.01% of the stock is currently owned by institutional investors.

A number of brokerages recently weighed in on ZAYO. Zacks Investment Research upgraded shares of Zayo Group Holdings from a “hold” rating to a “buy” rating and set a $37.00 price objective for the company in a report on Saturday. Pacific Crest reiterated a “hold” rating on shares of Zayo Group Holdings in a report on Tuesday, November 8th. Goldman Sachs Group Inc. upgraded shares of Zayo Group Holdings from a “buy” rating to a “conviction-buy” rating and set a $39.00 price objective for the company in a report on Monday, October 31st. Morgan Stanley reiterated an “overweight” rating on shares of Zayo Group Holdings in a report on Sunday, July 24th. Finally, Stephens lowered shares of Zayo Group Holdings from an “overweight” rating to an “equal weight” rating in a report on Friday, August 26th. One research analyst has rated the stock with a sell rating, five have given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. Zayo Group Holdings currently has a consensus rating of “Buy” and a consensus target price of $31.00.

Zayo Group Holdings Company Profile

Zayo Group Holdings, Inc is a provider of bandwidth infrastructure in the United States, Canada and Europe. The Company operates in five segments, including Dark Fiber Solutions, Network Connectivity, Colocation and Cloud Infrastructure, Zayo Canada and Other. Its key products include leased dark fiber, fiber to cellular towers and small cell sites, wavelength connections, Ethernet, Internet Protocol (IP) connectivity and cloud services.

5 Day Chart for NYSE:ZAYO

Receive News & Stock Ratings for Zayo Group Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zayo Group Holdings Inc. and related stocks with our FREE daily email newsletter.