Zayo Group Holdings, Inc. (NYSE:ZAYO) COO Andrew Crouch sold 22,803 shares of the stock in a transaction that occurred on Tuesday, October 3rd. The stock was sold at an average price of $34.10, for a total transaction of $777,582.30. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Zayo Group Holdings, Inc. (NYSE:ZAYO) opened at 34.54 on Friday. The stock has a market capitalization of $8.51 billion, a P/E ratio of 98.69 and a beta of 0.55. The company has a 50 day moving average of $34.41 and a 200-day moving average of $33.01. Zayo Group Holdings, Inc. has a 52-week low of $29.30 and a 52-week high of $35.65.

Zayo Group Holdings (NYSE:ZAYO) last posted its quarterly earnings results on Monday, August 21st. The technology company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.02). The company had revenue of $638.00 million during the quarter, compared to analyst estimates of $642.67 million. Zayo Group Holdings had a net margin of 3.90% and a return on equity of 7.48%. The company’s revenue was up 25.8% on a year-over-year basis. During the same period in the prior year, the company earned ($0.13) earnings per share. Equities research analysts anticipate that Zayo Group Holdings, Inc. will post $0.61 EPS for the current year.

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A number of equities research analysts have issued reports on ZAYO shares. BidaskClub upgraded shares of Zayo Group Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, June 14th. Pacific Crest reiterated an “equal weight” rating on shares of Zayo Group Holdings in a report on Friday, June 23rd. Zacks Investment Research lowered shares of Zayo Group Holdings from a “hold” rating to a “sell” rating in a report on Thursday, July 13th. Cowen and Company reiterated a “buy” rating on shares of Zayo Group Holdings in a report on Friday, August 11th. Finally, Stifel Nicolaus reissued a “buy” rating on shares of Zayo Group Holdings in a research report on Tuesday, August 22nd. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have issued a buy rating to the stock. Zayo Group Holdings has an average rating of “Hold” and a consensus price target of $38.36.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Intl Fcstone Inc. raised its holdings in Zayo Group Holdings by 45.1% in the second quarter. Intl Fcstone Inc. now owns 16,674 shares of the technology company’s stock valued at $515,000 after acquiring an additional 5,182 shares in the last quarter. Navellier & Associates Inc raised its holdings in Zayo Group Holdings by 9.7% in the second quarter. Navellier & Associates Inc now owns 14,261 shares of the technology company’s stock valued at $441,000 after acquiring an additional 1,262 shares in the last quarter. BW Gestao de Investimentos Ltda. acquired a new stake in Zayo Group Holdings in the second quarter valued at $2,026,000. Westwood Holdings Group Inc. raised its holdings in Zayo Group Holdings by 2.4% in the second quarter. Westwood Holdings Group Inc. now owns 878,082 shares of the technology company’s stock valued at $27,230,000 after acquiring an additional 20,282 shares in the last quarter. Finally, California State Teachers Retirement System raised its holdings in Zayo Group Holdings by 6.4% in the second quarter. California State Teachers Retirement System now owns 345,151 shares of the technology company’s stock valued at $10,665,000 after acquiring an additional 20,860 shares in the last quarter. 78.91% of the stock is currently owned by hedge funds and other institutional investors.

About Zayo Group Holdings

Zayo Group Holdings, Inc provides communications infrastructure services, including fiber and bandwidth connectivity, colocation and cloud infrastructure to a range of businesses. The Company operates in five segments: Dark Fiber Solutions, Network Connectivity, Colocation and Cloud Infrastructure, Zayo Canada and Other.

Insider Buying and Selling by Quarter for Zayo Group Holdings (NYSE:ZAYO)

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