It’s been a crucial week for Cogent Communications Holdings, Inc. (NASDAQ:CCOI); here’s what analysts have to say.

Cogent Communications Holdings, Inc. (NASDAQ:CCOI) LogoInvestors sentiment increased to 1.27 in Q2 2018. Its up 0.22, from 1.05 in 2018Q1. It improved, as 19 investors sold Cogent Communications Holdings, Inc. shares while 51 reduced holdings. 36 funds opened positions while 53 raised stakes. 40.86 million shares or 0.23% more from 40.77 million shares in 2018Q1 were reported.
Skylands Cap Ltd Limited Liability Company accumulated 261,550 shares. Tiaa Cref Investment Mngmt Ltd Liability Corporation has invested 0% in Cogent Communications Holdings, Inc. (NASDAQ:CCOI). State Street reported 1.20 million shares. New York State Common Retirement Fund accumulated 53,225 shares. Bradley Foster Sargent Ct owns 16,048 shares. Moneta Inv Advsr Limited Liability Company has 0% invested in Cogent Communications Holdings, Inc. (NASDAQ:CCOI). Amalgamated National Bank & Trust stated it has 0.01% of its portfolio in Cogent Communications Holdings, Inc. (NASDAQ:CCOI). Brown Advisory owns 2.10M shares or 0.35% of their US portfolio. Pub Sector Pension Investment Board owns 26,718 shares. Emerald Mutual Fund Advisers Trust, a Pennsylvania-based fund reported 268,601 shares. Guggenheim Ltd Limited Liability Company owns 0.04% invested in Cogent Communications Holdings, Inc. (NASDAQ:CCOI) for 100,664 shares. Emerald Advisers Pa reported 310,697 shares. 587,612 were reported by Northern Corp. Loomis Sayles Lp has invested 0.08% in Cogent Communications Holdings, Inc. (NASDAQ:CCOI). Public Employees Retirement Association Of Colorado accumulated 8,384 shares.

Since June 1, 2018, it had 0 insider purchases, and 16 selling transactions for $3.04 million activity. 3,000 shares valued at $153,434 were sold by BEURY ROBERT N JR on Friday, June 1. Bath Blake sold $197,186 worth of Cogent Communications Holdings, Inc. (NASDAQ:CCOI) on Thursday, September 13. 3,000 shares were sold by KILMER HENRY W, worth $164,928. 3,000 shares were sold by KUMMER RAYMOND B, worth $157,997. Shares for $127,523 were sold by WEINGARTEN TIM. $240,975 worth of Cogent Communications Holdings, Inc. (NASDAQ:CCOI) shares were sold by WEED THADDEUS GERARD.

Cogent Communications Holdings, Inc. (NASDAQ:CCOI) Ratings Coverage

Among 3 analysts covering Cogent Comms Hldgs (NASDAQ:CCOI), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. Cogent Comms Hldgs had 3 analyst reports since October 8, 2018 according to SRatingsIntel. The rating was maintained by Citigroup with “Sell” on Friday, November 2. The stock has “Market Perform” rating by Wells Fargo on Friday, November 2. The company was downgraded on Monday, October 8 by BTIG Research. Below is a list of Cogent Communications Holdings, Inc. (NASDAQ:CCOI) latest ratings and price target changes.

02/11/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Market Perform Old Target: $48 New Target: $50 Maintain
02/11/2018 Broker: Citigroup Old Rating: Sell New Rating: Sell Old Target: $39 New Target: $42 Maintain
08/10/2018 Broker: BTIG Research Old Rating: Buy New Rating: Neutral Downgrade

The stock decreased 0.88% or $0.43 during the last trading session, reaching $48.49. About 516,064 shares traded or 72.69% up from the average. Cogent Communications Holdings, Inc. (NASDAQ:CCOI) has risen 21.14% since December 2, 2017 and is uptrending. It has outperformed by 5.52% the S&P500.

Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access and Internet protocol communications services primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations in North America, Europe, and Asia. The company has market cap of $2.19 billion. The firm offers on-net Internet access services to bandwidth-intensive users, such as universities, other Internet service providers, telephone companies, cable television companies, Web hosting companies, content delivery network companies, and commercial content and application service providers; and to corporate clients located in multi-tenant office buildings, including law firms, financial services firms, advertising and marketing firms, and other professional services businesses. It has a 146.05 P/E ratio. It also provides its on-net services in carrier-neutral data centers, Cogent controlled data centers, and single-tenant office buildings.

More notable recent Cogent Communications Holdings, Inc. (NASDAQ:CCOI) news were published by: Seekingalpha.com which released: “Apple Looks To Recharge Tech Sector – Seeking Alpha” on October 27, 2018, also Benzinga.com with their article: “Deutsche Bank Steps To The Sidelines On Cogent Communications – Benzinga” published on May 04, 2018, Seekingalpha.com published: “Cogent Communications, CEO’s Diligence Is Unlikely To Offset The Decline Of Its Core Business – Seeking Alpha” on June 27, 2017. More interesting news about Cogent Communications Holdings, Inc. (NASDAQ:CCOI) were released by: Prnewswire.com and their article: “Cogent Communications to Host Investor Day – PR Newswire” published on September 07, 2018 as well as Nasdaq.com‘s news article titled: “AT&T Partners with Lockton Affinity & CNA to Expand Business – Nasdaq” with publication date: October 09, 2018.

Cogent Communications Holdings, Inc. (NASDAQ:CCOI) Institutional Positions Chart

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