Zayo Group Holdings, Inc. (ZAYO): Kenneth Desgarennes , Chief Financial Officer of Zayo Group Holdings, Inc. sold 62,500 shares on Jun 22, 2016. The Insider selling transaction was reported by the company on Jun 22, 2016 to the Securities and Exchange Commission. The shares were sold at $27.31 per share for a total value of $1,706,875.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 16, 2016, Richard W. Connor (director) sold 15,000 shares at $27.05 per share price.On Jun 14, 2016, Christopher Morley (President & COO) sold 200,000 shares at $27.44 per share price.Also, On Jun 10, 2016, Linda Rottenberg (director) sold 538 shares at $28.03 per share price.On Jun 3, 2016, Daniel Caruso (CEO) sold 13,000 shares at $27.92 per share price.
Zayo Group Holdings Inc: On Monday, Jun 20, 2016 heightened volatility was witnessed in Zayo Group Holdings Inc which led to swings in the share price. The shares opened for trading at $27.14 and hit $27.56 on the upside , eventually ending the session at $27.46, with a gain of 1.82% or 0.49 points. The heightened volatility saw the trading volume jump to 9,46,705 shares. The 52-week high of the share price is $29.62 and the company has a market cap of $6,652 M . The 52-week low of the share price is at $19.59.
Zayo Group Holdings Inc. is a provider of bandwidth infrastructure in the United States and Europe. The Company’s 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.