Large Outflow of Money Witnessed in Zayo Group Holdings

Zayo Group Holdings (ZAYO): The stock had negative money flow to the tune of ($7.54 million) on Tuesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $7.78 million, whereas, the outflow of money on downticks was $15.31 million and the ratio between the two was 0.51. The block trade had a negative net money flow of ($8.08 million). The total block trade value undertaken on upticks was $1.29 million. On the other hand, downticks amounted to $9.37 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.14. Zayo Group Holdings (ZAYO) closed with marginal gains of 1 cents to end the day at $28.69, an increase of 0.03% over the previous days close. The stock recorded 0.7% for the week.


The company Insiders own 6% of Zayo Group Holdings shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -1.1% . Institutional Investors own 53.52% of Zayo Group Holdings shares. During last six month period, the net percent change held by insiders has seen a change of -1.59%. In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Zayo Group Holdings, Inc., Richardson Nina had sold 1,025 shares worth of $28,557 in a transaction dated July 1, 2016. In this transaction, 1,025 shares were sold at $27.86 per share.

Shares of Zayo Group Holdings, Inc. rose by 2.52% in the last five trading days and 4.01% for the last 4 weeks. Zayo Group Holdings, Inc. is up 15.48% in the last 3-month period. Year-to-Date the stock performance stands at 7.18%.

Zayo Group Holdings (NYSE:ZAYO): On Tuesdays trading session , Opening price of the stock was $28.86 with an intraday high of $28.9. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $28.39. However, the stock managed to close at $28.5, a loss of 0.63% for the day. On the previous day, the stock had closed at $28.68. The total traded volume of the day was 2,853,380 shares.

Zayo Group Holdings, Inc. is a provider of bandwidth infrastructure in the United States and Europe. The Companys 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. Its products and services include physical infrastructure, and cloud and connectivity. It operates through three segments: Physical Infrastructure, Cloud and Connectivity, and Other. Its bandwidth infrastructure assets consist of fiber networks, the optronic equipment used to provide its lit services over its fiber networks, and its datacenters where it provides colocation and interconnection services. The Company, through metro fiber networks, provides bandwidth infrastructure services within the metro markets that it serves. The Company, through regional fiber networks, provides bandwidth infrastructure services between the metro markets that it serves.

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