The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Cogent Communications Holdings Inc shares valued at $22,519,998 were sold by SCHAEFFER DAVE on Aug 08 ’25. At $27.50 per share, SCHAEFFER DAVE sold 818,909 shares. The insider’s holdings dropped to 697,143 shares worth approximately $24.28 million following the completion of this transaction.
Also, SCHAEFFER DAVE sold 1,840,669 shares, netting a total of over 60,005,809 in proceeds. Following the sale of shares at $32.60 each, the insider now holds 1,516,052 shares.
Before that, David Schaeffer had added 25,000 shares to its account. In a trade valued at $1,174,500, the Founder bought Cogent Communications Holdings Inc shares for $46.98 each.
As published in a research note from Citigroup on August 12, 2025, Cogent Communications Holdings Inc [CCOI] has been rated down from a Buy to a Neutral and the price target has been revised to $33. Analysts at RBC Capital Mkts downgraded the stock from ‘”an Outperform”‘ to ‘”a Sector perform”‘ outlook in a report released in early August. As of November 14, 2024, UBS has initiated its “Buy” rating for CCOI. Earlier on August 21, 2024, BofA Securities downgraded its rating. Their new recommendation was “an Underperform” for CCOI stock which previously was a “a Neutral”.
Analyzing CCOI Stock Performance
On last trading session, Cogent Communications Holdings Inc [NASDAQ: CCOI] rose 2.26% to $34.83. The stock’s lowest price that day was $33.66, but it reached a high of $36.0 in the same session. During the last five days, there has been a drop of approximately -20.62%. Over the course of the year, Cogent Communications Holdings Inc shares have dropped approximately -51.28%. Shares of the company reached a 52-week high of $84.06 on 02/19/25 and a 52-week low of $29.61 on 08/08/25.
Support And Resistance Levels for Cogent Communications Holdings Inc (CCOI)
According to the 24-hour chart, there is a support level at 33.66, which, if violated, would cause prices to drop to 32.49. In the upper region, resistance lies at 36.00. The next price resistance is at 37.17. RSI (Relative Strength Index) is 29.85 on the 14-day chart, showing oversold technical sentiment.
Is Cogent Communications Holdings Inc subject to short interest?
Stocks of Cogent Communications Holdings Inc saw a sharp steep in short interest on 2025-07-31 dropping by -0.27 million shares to 4.91 million. Data from Yahoo Finance shows that the short interest on 2025-06-30 was 5.18 million shares. A decline of -5.49% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 8.8 of the overall float, the days-to-cover ratio (short ratio) decline to 8.8.
Which companies own the most shares of Cogent Communications Holdings Inc (CCOI)?
In terms of Cogent Communications Holdings Inc share price expectations, FactSet research, analysts set an average price target of 40 in the next 12 months, up nearly 17.44% from the previous closing price of $34.06. Analysts anticipate Cogent Communications Holdings Inc stock to reach 40 by 2025, with the lowest price target being 40. In spite of this, 9 analysts ranked Cogent Communications Holdings Inc stock as Buy at the end of 2025. On July 01, 2024, Goldman assigned a price target of “a Neutral” to the stock and initiated coverage with a $56.
