Cogent Communications Holdings Inc’s recently made public that its CHAIRMAN, CEO, AND PRESIDENT SCHAEFFER DAVE unloaded Company’s shares for reported $22.52 million on Aug 08 ’25. In the deal valued at $27.50 per share,818,909 shares were sold. As a result of this transaction, SCHAEFFER DAVE now holds 697,143 shares worth roughly $23.88 million.
Then, SCHAEFFER DAVE sold 1,840,669 shares, generating $60,005,809 in total proceeds. Upon selling the shares at $32.60, the CHAIRMAN, CEO, AND PRESIDENT now owns 1,516,052 shares.
Before that, David Schaeffer bought 25,000 shares. Cogent Communications Holdings Inc shares valued at $1,174,500 were divested by the Founder at a price of $46.98 per share.
Citigroup downgraded its Cogent Communications Holdings Inc [CCOI] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who decreased its forecast for the stock in early August from “an Outperform” to “a Sector perform”. UBS began covering CCOI with “Buy” recommendation on November 14, 2024. BofA Securities revised its rating on August 21, 2024. It rated CCOI as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of CCOI
On Friday, Cogent Communications Holdings Inc [NASDAQ:CCOI] saw its stock jump 0.32% to $34.25. Over the last five days, the stock has gained 11.85%. Cogent Communications Holdings Inc shares have fallen nearly -52.42% since the year began. Nevertheless, the stocks have fallen -55.56% over the past one year. While a 52-week high of $86.76 was reached on 02/19/25, a 52-week low of $29.61 was recorded on 08/08/25.
Levels Of Support And Resistance For CCOI Stock
The 24-hour chart illustrates a support level at 33.76, which if violated will result in even more drops to 33.27. On the upside, there is a resistance level at 35.07. A further resistance level may holdings at 35.89.
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 2025-07-31, dropping by -0.27 million shares to a total of 4.91 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-30 was 5.18 million shares. There was a decline of -5.49%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on July 01, 2024 when Goldman began covering the stock and recommended ‘”a Neutral”‘ rating along with a $56 price target.
