Zayo Group Holdings, Inc. (NYSE:ZAYO) CEO Daniel Caruso sold 295,078 shares of the business’s stock in a transaction that occurred on Wednesday, August 30th. The shares were sold at an average price of $33.89, for a total value of $10,000,193.42. Following the sale, the chief executive officer now owns 4,284,854 shares of the company’s stock, valued at approximately $145,213,702.06. 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 Monday, July 31st, Daniel Caruso sold 152,900 shares of Zayo Group Holdings stock. The shares were sold at an average price of $32.70, for a total value of $4,999,830.00.
  • On Wednesday, July 26th, Daniel Caruso sold 154,402 shares of Zayo Group Holdings stock. The shares were sold at an average price of $32.38, for a total value of $4,999,536.76.
  • On Wednesday, July 5th, Daniel Caruso sold 11,324 shares of Zayo Group Holdings stock. The shares were sold at an average price of $30.58, for a total value of $346,287.92.
  • On Thursday, July 6th, Daniel Caruso sold 101,840 shares of Zayo Group Holdings stock. The shares were sold at an average price of $30.30, for a total value of $3,085,752.00.
  • On Monday, June 12th, Daniel Caruso sold 49,868 shares of Zayo Group Holdings stock. The shares were sold at an average price of $32.03, for a total value of $1,597,272.04.

Zayo Group Holdings, Inc. (NYSE ZAYO) opened at 34.24 on Monday. The stock has a market cap of $8.44 billion, a PE ratio of 97.83 and a beta of 0.55. Zayo Group Holdings, Inc. has a 12 month low of $28.15 and a 12 month high of $35.65. The company’s 50 day moving average price is $33.06 and its 200 day moving average price is $32.54.

Zayo Group Holdings (NYSE:ZAYO) last posted its quarterly earnings data on Monday, August 21st. The technology company reported $0.13 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.15 by $0.02. Zayo Group Holdings had a net margin of 3.90% and a return on equity of 7.48%. The company had revenue of $638 million for the quarter, compared to the consensus estimate of $642.67 million. During the same period last year, the business earned ($0.13) EPS. The firm’s quarterly revenue was up 25.8% on a year-over-year basis. Equities analysts forecast that Zayo Group Holdings, Inc. will post $0.59 EPS for the current fiscal year.

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Hedge funds have recently bought and sold shares of the stock. Mutual of America Capital Management LLC purchased a new stake in Zayo Group Holdings during the 2nd quarter valued at $142,000. Daiwa Securities Group Inc. boosted its stake in Zayo Group Holdings by 475.0% during the 1st quarter. Daiwa Securities Group Inc. now owns 4,600 shares of the technology company’s stock valued at $151,000 after purchasing an additional 3,800 shares during the last quarter. Point72 Asia Hong Kong Ltd purchased a new stake in Zayo Group Holdings during the 1st quarter valued at $151,000. Nordea Investment Management AB boosted its stake in Zayo Group Holdings by 6.8% during the 1st quarter. Nordea Investment Management AB now owns 5,240 shares of the technology company’s stock valued at $172,000 after purchasing an additional 335 shares during the last quarter. Finally, Meadow Creek Investment Management LLC boosted its stake in Zayo Group Holdings by 113.6% during the 1st quarter. Meadow Creek Investment Management LLC now owns 5,536 shares of the technology company’s stock valued at $182,000 after purchasing an additional 2,944 shares during the last quarter. 78.93% of the stock is owned by institutional investors.

Several research firms have recently commented on ZAYO. Cowen and Company restated a “buy” rating on shares of Zayo Group Holdings in a report on Friday, August 11th. BidaskClub downgraded Zayo Group Holdings from a “sell” rating to a “strong sell” rating in a report on Saturday, July 8th. William Blair restated an “ourperform” rating on shares of Zayo Group Holdings in a report on Tuesday, August 22nd. Goldman Sachs Group, Inc. (The) downgraded Zayo Group Holdings from a “conviction-buy” rating to a “buy” rating in a report on Friday, May 19th. Finally, Oppenheimer Holdings, Inc. restated an “outperform” rating and set a $42.00 price objective (up previously from $36.00) on shares of Zayo Group Holdings in a report on Friday, May 12th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $38.36.

Zayo Group Holdings Company Profile

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 Holdings (NYSE:ZAYO)

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