Zayo Group Holdings Inc (NYSE:ZAYO) insider John F. Jr. Waters sold 10,711 shares of the firm’s stock in a transaction dated Wednesday, January 3rd. The stock was sold at an average price of $36.14, for a total transaction of $387,095.54. Following the completion of the transaction, the insider now directly owns 73,244 shares in the company, valued at approximately $2,647,038.16. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Shares of Zayo Group Holdings Inc (NYSE:ZAYO) opened at $36.46 on Tuesday. The company has a debt-to-equity ratio of 3.81, a quick ratio of 0.91 and a current ratio of 0.91. The firm has a market cap of $9,018.95, a P/E ratio of 98.54, a P/E/G ratio of 14.84 and a beta of 0.53. Zayo Group Holdings Inc has a one year low of $29.73 and a one year high of $37.26.
Zayo Group (NYSE:ZAYO) last announced its quarterly earnings results on Monday, November 6th. The technology company reported $0.11 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.01). Zayo Group had a net margin of 3.99% and a return on equity of 8.01%. analysts predict that Zayo Group Holdings Inc will post 0.49 EPS for the current fiscal year.
Several hedge funds have recently bought and sold shares of ZAYO. Thompson Davis & CO. Inc. raised its stake in shares of Zayo Group by 2,600.0% during the third quarter. Thompson Davis & CO. Inc. now owns 3,375 shares of the technology company’s stock worth $116,000 after purchasing an additional 3,250 shares during the last quarter. Mutual of America Capital Management LLC purchased a new stake in shares of Zayo Group during the second quarter worth approximately $142,000. Rehmann Capital Advisory Group purchased a new stake in shares of Zayo Group during the third quarter worth approximately $212,000. Cadence Capital Management LLC purchased a new stake in shares of Zayo Group during the third quarter worth approximately $232,000. Finally, Campbell & CO Investment Adviser LLC purchased a new stake in shares of Zayo Group during the third quarter worth approximately $235,000. 84.08% of the stock is owned by institutional investors and hedge funds.
Zayo Group 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.
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