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Stock impact report

Sustained Cogent Insider Selling Adds To Pressure On Slumping Shares [Yahoo! Finance]

Cogent Communications Holdings, Inc. (CCOI) 
Last cogent communications holdings, inc. earnings: 2/27 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. The Vice President of Network Strategy at Cogent Communications Holdings sold 2,400 shares in the latest insider transaction. This sale extends a year long pattern of insider selling at NasdaqGS:CCOI with no reported insider share purchases. Investors are watching this sustained selling as a potential signal of management sentiment and company outlook. For a company already under pressure, this insider activity adds another data point for you to weigh. Shares of NasdaqGS:CCOI last closed at $19.63, with a value score of 5 and a 1 year return showing a 69.4% decline. Over the past month, the stock shows a 25.5% decline, while the 7 day return stands at a 13.8% decline. With returns over 3, 5, and 1 years all showing declines of more than 50%, the timing of continued insider selling may stand out to current and prospective shareholders. It does not automatically Show less Read more
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