Zayo Group Holdings, Inc. (NYSE:ZAYO) CEO Daniel Caruso sold 115,273 shares of Zayo Group Holdings stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of $34.70, for a total transaction of $3,999,973.10. Following the completion of the transaction, the chief executive officer now directly owns 4,343,965 shares of the company’s stock, valued at $150,735,585.50. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Daniel Caruso also recently made the following trade(s):

  • On Friday, September 22nd, Daniel Caruso sold 29,114 shares of Zayo Group Holdings stock. The stock was sold at an average price of $34.35, for a total transaction of $1,000,065.90.
  • On Wednesday, August 30th, Daniel Caruso sold 295,078 shares of Zayo Group Holdings stock. The shares were sold at an average price of $33.89, for a total transaction of $10,000,193.42.
  • On Monday, July 31st, Daniel Caruso sold 152,900 shares of Zayo Group Holdings stock. The shares were sold at an average price of $32.70, for a total transaction of $4,999,830.00.
  • On Wednesday, July 26th, Daniel Caruso sold 154,402 shares of Zayo Group Holdings stock. The shares were sold at an average price of $32.38, for a total transaction of $4,999,536.76.
  • On Wednesday, July 5th, Daniel Caruso sold 11,324 shares of Zayo Group Holdings stock. The shares were sold at an average price of $30.58, for a total transaction of $346,287.92.
  • On Thursday, July 6th, Daniel Caruso sold 101,840 shares of Zayo Group Holdings stock. The shares were sold at an average price of $30.30, for a total transaction of $3,085,752.00.

Shares of Zayo Group Holdings, Inc. (NYSE:ZAYO) traded up 2.44% during trading on Tuesday, reaching $34.81. The company’s stock had a trading volume of 2,108,624 shares. The stock has a 50 day moving average of $34.31 and a 200-day moving average of $32.98. The company has a market capitalization of $8.58 billion, a PE ratio of 99.46 and a beta of 0.55. Zayo Group Holdings, Inc. has a 1-year low of $29.30 and a 1-year high of $35.65.

Zayo Group Holdings (NYSE:ZAYO) last posted its earnings results on Monday, August 21st. The technology company reported $0.13 EPS for the quarter, missing the Zacks’ 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 quarterly revenue was up 25.8% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.13) EPS. On average, analysts expect that Zayo Group Holdings, Inc. will post $0.61 earnings per share for the current year.

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ZAYO has been the topic of several analyst reports. Pacific Crest reissued an “equal weight” rating on shares of Zayo Group Holdings in a research note on Friday, June 23rd. BidaskClub upgraded Zayo Group Holdings from a “sell” rating to a “hold” rating in a research report on Friday, August 11th. Oppenheimer Holdings Inc. restated a “buy” rating and set a $42.00 price objective on shares of Zayo Group Holdings in a research report on Wednesday, September 13th. Moffett Nathanson reaffirmed a “neutral” rating and issued a $39.00 price objective (up from $34.00) on shares of Zayo Group Holdings in a research note on Thursday, September 28th. Finally, William Blair reaffirmed an “ourperform” rating on shares of Zayo Group Holdings in a research note on Tuesday, August 22nd. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $38.40.

Several institutional investors have recently added to or reduced their stakes in the company. Shell Asset Management Co. boosted its position in shares of Zayo Group Holdings by 0.7% during the 2nd quarter. Shell Asset Management Co. now owns 15,459 shares of the technology company’s stock worth $478,000 after purchasing an additional 111 shares during the period. Gilder Gagnon Howe & Co. LLC raised its position in Zayo Group Holdings by 1.7% in the second quarter. Gilder Gagnon Howe & Co. LLC now owns 7,434 shares of the technology company’s stock valued at $230,000 after purchasing an additional 122 shares during the period. Comerica Bank raised its position in Zayo Group Holdings by 3.7% in the first quarter. Comerica Bank now owns 6,702 shares of the technology company’s stock valued at $233,000 after purchasing an additional 238 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its position in Zayo Group Holdings by 1.2% in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 23,957 shares of the technology company’s stock valued at $740,000 after purchasing an additional 291 shares during the period. Finally, Meiji Yasuda Asset Management Co Ltd. raised its position in Zayo Group Holdings by 1.7% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 18,130 shares of the technology company’s stock valued at $596,000 after purchasing an additional 300 shares during the period. 78.91% of the stock is currently owned by institutional investors and hedge funds.

Zayo Group Holdings Company Profile

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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