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 $1,174,500 were purchased by David Schaeffer on Jun 16 ’25. At $46.98 per share, David Schaeffer acquired 25,000 shares.
Also, SCHAEFFER DAVE sold 70,000 shares, netting a total of over 3,297,609 in proceeds. Following the sale of shares at $47.11 each, the insider now holds 3,356,721 shares.
Before that, SCHAEFFER DAVE had added 45,000 shares to its account. In a trade valued at $2,129,220, the FOUNDER & CEO bought Cogent Communications Holdings Inc shares for $47.32 each.
As published in their initiating research note from UBS on November 14, 2024, Cogent Communications Holdings Inc [CCOI] has been a Buy and the price target has been revised to $102. Analysts at BofA Securities downgraded the stock from ‘”a Neutral”‘ to ‘”an Underperform”‘ outlook in a report released in late August. As of July 01, 2024, Goldman has initiated its “Neutral” rating for CCOI. Earlier on March 07, 2024, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for CCOI stock which previously was a “a Buy”.
Analyzing CCOI Stock Performance
On last trading session,, Cogent Communications Holdings Inc [NASDAQ: CCOI] rose 0.02% to $48.16. The stock’s lowest price that day was $47.7, but it reached a high of $48.85 in the same session. During the last five days, there has been a surge of approximately 3.06%. Over the course of the year, Cogent Communications Holdings Inc shares have dropped approximately -8.11%. Shares of the company reached a 52-week high of $84.06 on 02/19/25 and a 52-week low of $43.65 on 05/22/25.
Support And Resistance Levels for Cogent Communications Holdings Inc (CCOI)
According to the 24-hour chart, there is a support level at 47.62, which, if violated, would cause prices to drop to 47.09. In the upper region, resistance lies at 48.77. The next price resistance is at 49.39. RSI (Relative Strength Index) is 47.55 on the 14-day chart, showing neutral technical sentiment.
Is Cogent Communications Holdings Inc subject to short interest?
Stocks of Cogent Communications Holdings Inc saw a sharp rise in short interest on 2025-06-13 jumping by 0.94 million shares to 5.11 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 4.17 million shares. A jump of 18.35% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 5.88 of the overall float, the days-to-cover ratio (short ratio) jumped to 5.88.
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 77.5 in the next 12 months, up nearly 60.96% from the previous closing price of $48.15. Analysts anticipate Cogent Communications Holdings Inc stock to reach 102 by 2025, with the lowest price target being 55. In spite of this, 9 analysts ranked Cogent Communications Holdings Inc stock as Buy at the end of 2025. On August 21, 2023, Goldman assigned a price target of “a Neutral” to the stock and upgraded coverage with a $64.
