Zayo Group Holdings Inc (NYSE:ZAYO) CEO Daniel Caruso sold 17,723 shares of the company’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $36.39, for a total transaction of $644,939.97. Following the completion of the transaction, the chief executive officer now owns 4,383,535 shares in the company, valued at approximately $159,516,838.65. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Daniel Caruso also recently made the following trade(s):
- On Monday, January 8th, Daniel Caruso sold 87,741 shares of Zayo Group stock. The shares were sold at an average price of $36.05, for a total transaction of $3,163,063.05.
Zayo Group Holdings Inc (NYSE ZAYO) opened at $36.31 on Wednesday. Zayo Group Holdings Inc has a 52-week low of $29.73 and a 52-week high of $37.26. The stock has a market cap of $8,950.00, a P/E ratio of 95.55, a price-to-earnings-growth ratio of 14.67 and a beta of 0.53. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 3.81.
A number of brokerages recently commented on ZAYO. SunTrust Banks reiterated a “buy” rating and issued a $45.00 price target on shares of Zayo Group in a research note on Thursday, December 7th. BidaskClub lowered shares of Zayo Group from a “hold” rating to a “sell” rating in a research note on Wednesday, October 11th. UBS Group began coverage on shares of Zayo Group in a research note on Tuesday, October 17th. They issued a “buy” rating on the stock. Oppenheimer reiterated a “buy” rating and issued a $42.00 price target on shares of Zayo Group in a research note on Tuesday, November 7th. Finally, KeyCorp reiterated a “hold” rating on shares of Zayo Group in a research note on Wednesday, October 11th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $39.46.
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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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