In a filing, Cogent Communications Holdings Inc revealed its CHAIRMAN, CEO, AND PRESIDENT SCHAEFFER DAVE unloaded Company’s shares for reported $60.01 million on Aug 07 ’25. In the deal valued at $32.60 per share,1,840,669 shares were sold. As a result of this transaction, SCHAEFFER DAVE now holds 1,516,052 shares worth roughly $46.42 million.
Then, David Schaeffer bought 25,000 shares, generating $1,174,500 in total proceeds.
Before that, SCHAEFFER DAVE sold 70,000 shares. Cogent Communications Holdings Inc shares valued at $3,297,609 were divested by the CHAIRMAN, CEO, AND PRESIDENT at a price of $47.11 per share. As a result of the transaction, SCHAEFFER DAVE now holds 3,356,721 shares, worth roughly $102.78 million.
RBC Capital Mkts downgraded its Cogent Communications Holdings Inc [CCOI] rating to a Sector perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in mid November with a ‘”a Buy”‘ rating. BofA Securities also remained covering CCOI and has decreased its forecast on August 21, 2024 with a “an Underperform” recommendation from previously “Neutral” rating. Goldman started covering the stock on July 01, 2024. It rated CCOI as “a Neutral”.
Price Performance Review of CCOI
On Friday, Cogent Communications Holdings Inc [NASDAQ:CCOI] saw its stock fall -13.36% to $30.62. Over the last five days, the stock has lost -32.17%. Cogent Communications Holdings Inc shares have fallen nearly -54.54% since the year began. Nevertheless, the stocks have fallen -60.27% over the past one year.
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 2025-07-15, dropping by -0.12 million shares to a total of 4.99 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 5.11 million shares. There was a decline of -2.47%, which implies that there is a negative sentiment for the stock.
