Cogent Communications Holdings, Inc. (CCOI) Files Form 4 Insider Selling : Raymond B Kummer Sells 1,000 Shares

Cogent Communications Holdings, Inc. (CCOI): Raymond B Kummer , CTO; VP Optical Transport of Cogent Communications Holdings, Inc. sold 1,000 shares on Jul 8, 2016. The Insider selling transaction was reported by the company on Jul 11, 2016 to the Securities and Exchange Commission. The shares were sold at $41.53 per share for a total value of $41,529.60 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 11, 2016, Raymond B Kummer (CTO; VP Optical Transport) sold 1,000 shares at $41.53 per share price.On Jul 5, 2016, Timothy G Oneill (VP Field Engineering) sold 1,000 shares at $39.98 per share price.Also, On Jul 5, 2016, Robert N Jr Beury (VP & Chief Legal Officer) sold 1,000 shares at $40.09 per share price.On Jul 5, 2016, Henry W Kilmer (VP of IP Engineering) sold 1,000 shares at $40.30 per share price.

Cogent Communications Holdings Inc: On Friday, Jul 8, 2016 heightened volatility was witnessed in Cogent Communications Holdings Inc which led to swings in the share price. The shares opened for trading at $40.87 and hit $42.09 on the upside , eventually ending the session at $42.05, with a gain of 3.52% or 1.43 points. The heightened volatility saw the trading volume jump to 3,20,621 shares. The 52-week high of the share price is $42.09 and the company has a market cap of $1,902 M . The 52-week low of the share price is at $25.84.

Cogent Communications Holdings Inc Money Flow Index Chart

Cogent Communications Holdings Inc. is a facility-based provider of Internet access Internet Protocol (IP) and communications services. The Company’s network is designed and optimized to transmit data using IP. The Company delivers its services to small and medium-sized businesses communications service providers and other bandwidth-intensive organizations in North America Europe and Japan. The Company offers on-net Internet access services through its own facilities which run from its network to its customers’ premises. The Company offers its on-net services to customers located in buildings that are physically connected to its network. Its on-net service consists of Internet access and IP connectivity ranging from 100 Megabits per second to 100 Gigabits per second of bandwidth. It provides its on-net Internet access services to its net-centric and corporate customers.

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