Lewis H. Ferguson, an insider at Cogent Communications Holdings Inc (CCOI), executed a sale of 19,267 shares on December 1, 2025, at a price of $20.34 per share, totaling approximately $392,000. Following this transaction, Ferguson retains 19,267 shares of the company.
Cogent Communications, headquartered in Washington, D.C., specializes in providing Internet access and Internet Protocol (IP) communications solutions. The company operates a network designed for efficient packet routed data transmission, 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, including law firms and healthcare providers.
Insider transactions, such as Ferguson's sale, are reported to the SEC and provide insights into executive sentiment regarding their company's stock. However, such selling activity can stem from various personal reasons, including diversification and financial planning, and should not be interpreted as an outright negative signal for the company. Investors are encouraged to analyze patterns of insider activity across multiple executives and timeframes for a more comprehensive view.
Cogent is set to release its upcoming earnings on May 6, 2026, with an estimated EPS of -1.09 and projected revenue of $253.1 million.