Zayo Group Holdings, Inc. (NYSE:ZAYO) insider John F. Jr. Waters sold 9,512 shares of the company’s stock in a transaction that occurred on Tuesday, October 3rd. The shares were sold at an average price of $34.10, for a total value of $324,359.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Zayo Group Holdings, Inc. (ZAYO) traded down 0.43% during midday trading on Thursday, hitting $34.83. The company had a trading volume of 1,619,637 shares. The stock has a market cap of $8.59 billion, a price-to-earnings ratio of 99.51 and a beta of 0.55. The company’s 50 day moving average is $34.38 and its 200 day moving average is $33.01. Zayo Group Holdings, Inc. has a 12-month low of $29.30 and a 12-month high of $35.65.

Zayo Group Holdings (NYSE:ZAYO) last posted its quarterly earnings results on Monday, August 21st. The technology company reported $0.13 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.02). The company had revenue of $638.00 million during the quarter, compared to the consensus estimate of $642.67 million. Zayo Group Holdings had a net margin of 3.90% and a return on equity of 7.48%. Zayo Group Holdings’s quarterly revenue was up 25.8% on a year-over-year basis. During the same period in the prior year, the company posted ($0.13) EPS. On average, equities analysts anticipate that Zayo Group Holdings, Inc. will post $0.61 EPS for the current fiscal year.

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Several research firms have commented on ZAYO. Moffett Nathanson reaffirmed a “neutral” rating and set a $39.00 price objective (up from $34.00) on shares of Zayo Group Holdings in a research note on Thursday, September 28th. Stifel Nicolaus reissued a “buy” rating on shares of Zayo Group Holdings in a research note on Tuesday, August 22nd. BidaskClub raised Zayo Group Holdings from a “sell” rating to a “hold” rating in a research note on Friday, August 11th. Cowen and Company reissued an “outperform” rating and set a $45.00 target price on shares of Zayo Group Holdings in a research note on Wednesday, August 23rd. Finally, William Blair reissued an “ourperform” rating on shares of Zayo Group Holdings in a research note on Tuesday, August 22nd. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and ten have issued a buy rating to the stock. Zayo Group Holdings presently has a consensus rating of “Hold” and an average target price of $38.36.

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Intl Fcstone Inc. increased its holdings in shares of Zayo Group Holdings by 45.1% in the second quarter. Intl Fcstone Inc. now owns 16,674 shares of the technology company’s stock valued at $515,000 after buying an additional 5,182 shares in the last quarter. Navellier & Associates Inc increased its holdings in shares of Zayo Group Holdings by 9.7% in the second quarter. Navellier & Associates Inc now owns 14,261 shares of the technology company’s stock valued at $441,000 after buying an additional 1,262 shares in the last quarter. BW Gestao de Investimentos Ltda. bought a new position in shares of Zayo Group Holdings in the second quarter valued at $2,026,000. Westwood Holdings Group Inc. increased its holdings in shares of Zayo Group Holdings by 2.4% in the second quarter. Westwood Holdings Group Inc. now owns 878,082 shares of the technology company’s stock valued at $27,230,000 after buying an additional 20,282 shares in the last quarter. Finally, California State Teachers Retirement System increased its holdings in shares of Zayo Group Holdings by 6.4% in the second quarter. California State Teachers Retirement System now owns 345,151 shares of the technology company’s stock valued at $10,665,000 after buying an additional 20,860 shares in the last quarter. 78.91% of the stock is currently owned by institutional investors.

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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