Kilmer Henry W, an insider of Cogent Communications Holdings Inc (CCOI), executed a sale of 33,800 shares at a price of $19.79 per share on December 7, 2025. This transaction totaled approximately $669,000. Following the sale, Kilmer retains an equal number of shares in the company.
Cogent Communications, headquartered in Washington, D.C., specializes in Internet access and IP communications solutions. The company operates a network designed to transmit packet routed data, offering high-speed Internet access and private network services ranging from 100 megabits per second (Mbps) to 400 gigabits per second (Gbps). With a market capitalization of $994.2 million, Cogent serves corporate clients across 56 countries.
While insider selling can stem from various motivations, including personal financial needs or tax planning, such transactions do not inherently signal negative sentiment toward the company. Investors are advised to consider patterns of insider activity over time and across multiple insiders, as isolated transactions may not provide a complete picture.
Cogent is set to report its upcoming earnings on May 6, 2026, with an estimated EPS of -1.09 and revenue of $253.1 million, followed by another report on August 5, 2026, projecting an EPS of -0.97 and revenue of $257.6 million.