Zayo Group Holdings, Inc. (NYSE:ZAYO) CEO Daniel Caruso sold 58,634 shares of the stock in a transaction dated Wednesday, October 4th. The stock was sold at an average price of $34.55, for a total value of $2,025,804.70. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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

  • On Tuesday, October 3rd, Daniel Caruso sold 115,273 shares of Zayo Group Holdings stock. The shares were sold at an average price of $34.70, for a total value of $3,999,973.10.
  • On Friday, September 22nd, Daniel Caruso sold 29,114 shares of Zayo Group Holdings stock. The shares were sold at an average price of $34.35, for a total value of $1,000,065.90.
  • On Wednesday, August 30th, Daniel Caruso sold 295,078 shares of Zayo Group Holdings stock. The shares were sold at an average price of $33.89, for a total transaction of $10,000,193.42.
  • 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 transaction 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 transaction of $4,999,536.76.

Shares of Zayo Group Holdings, Inc. (NYSE:ZAYO) opened at 34.54 on Friday. The company has a 50 day moving average of $34.41 and a 200 day moving average of $33.01. The company has a market cap of $8.51 billion, a PE ratio of 98.69 and a beta of 0.55. Zayo Group Holdings, Inc. has a 52 week low of $29.30 and a 52 week high of $35.65.

Zayo Group Holdings (NYSE:ZAYO) last released its earnings results on Monday, August 21st. The technology company reported $0.13 EPS for the quarter, missing the Thomson Reuters’ 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 business had revenue of $638.00 million for the quarter, compared to the consensus estimate of $642.67 million. During the same period in the prior year, the business posted ($0.13) EPS. Zayo Group Holdings’s revenue for the quarter was up 25.8% on a year-over-year basis. On average, analysts expect that Zayo Group Holdings, Inc. will post $0.61 EPS for the current year.

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Hedge funds have recently added to or reduced their stakes in the stock. Mutual of America Capital Management LLC bought a new position in shares of Zayo Group Holdings during the 2nd quarter valued at $142,000. Point72 Asia Hong Kong Ltd bought a new position in shares of Zayo Group Holdings during the 1st quarter valued at $151,000. Nordea Investment Management AB grew its holdings in shares of 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. Neuberger Berman Group LLC bought a new position in shares of Zayo Group Holdings during the 1st quarter valued at $203,000. Finally, Cadence Capital Management LLC grew its holdings in shares of Zayo Group Holdings by 6.3% during the 1st quarter. Cadence Capital Management LLC now owns 6,493 shares of the technology company’s stock valued at $214,000 after purchasing an additional 382 shares during the last quarter. 78.91% of the stock is currently owned by institutional investors.

Several equities research analysts recently issued reports on ZAYO shares. Oppenheimer Holdings, Inc. reiterated a “buy” rating and issued a $42.00 target price on shares of Zayo Group Holdings in a research note on Wednesday, September 13th. Stifel Nicolaus reiterated a “buy” rating on shares of Zayo Group Holdings in a research note on Tuesday, August 22nd. Cowen and Company reiterated a “buy” rating on shares of Zayo Group Holdings in a research note on Friday, August 11th. Pacific Crest restated an “equal weight” rating on shares of Zayo Group Holdings in a research report on Friday, June 23rd. Finally, Deutsche Bank AG assumed coverage on shares of Zayo Group Holdings in a research report on Monday, August 28th. They set a “hold” rating for the company. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average 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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