Cogent Communications Holdings Inc’s filing revealed that its Founder David Schaeffer acquired Company’s shares for reported $0.48 million on Jun 13 ’25. In the deal valued at $48.00 per share,10,000 shares were bought.
Then, SCHAEFFER DAVE bought 45,000 shares, generating $2,150,874 in total proceeds.
Before that, David Schaeffer bought 10,000 shares. Cogent Communications Holdings Inc shares valued at $481,900 were divested by the Founder at a price of $48.19 per share.
UBS initiated its Cogent Communications Holdings Inc [CCOI] rating to a Buy in a research note published on November 14, 2024; the price target was $102. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in late August from “a Neutral” to “an Underperform”. Goldman began covering CCOI with “Neutral” recommendation on July 01, 2024. BofA Securities revised its rating on March 07, 2024. It rated CCOI as “a Neutral” which previously was an “a Buy”.
Price Performance Review of CCOI
On Friday, Cogent Communications Holdings Inc [NASDAQ:CCOI] saw its stock fall -2.13% to $46.98. Over the last five days, the stock has lost -1.80%. Cogent Communications Holdings Inc shares have fallen nearly -39.04% since the year began. Nevertheless, the stocks have fallen -9.91% over the past one year. While a 52-week high of $86.76 was reached on 02/19/25, a 52-week low of $43.65 was recorded on 05/22/25.
Levels Of Support And Resistance For CCOI Stock
The 24-hour chart illustrates a support level at 46.39, which if violated will result in even more drops to 45.80. On the upside, there is a resistance level at 47.88. A further resistance level may holdings at 48.78.
How much short interest is there in Cogent Communications Holdings Inc?
A steep rise in short interest was recorded in Cogent Communications Holdings Inc stocks on 2025-05-30, growing by 0.77 million shares to a total of 5.21 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 4.44 million shares. There was a rise of 14.73%, which implies that there is a positive sentiment for the stock.
