CCOI

Cogent Communications Holdings, Inc.
NasdaqGSUSDEQUITY Communication Services DELAYED
Last price
9.31
▲ 0.43 (4.84%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
8.84
Prev close
8.88
Day high
9.44
Day low
8.85
Volume
2.15M
Market cap
$476.82M
P/E (TTM)
—
52W range
7.13 – 45.69

Day trading desk

Current session · delayed
Gap from prior close
-0.45%
Prior close 8.88
VWAP
9.28
+0.28% from price
Relative volume
1.69×
Unusually busy
Session range
13.10%
8.40 – 9.50
Position in range
83%
Near session high
ATR (14D)
0.69
7.37% of price
Prior day high
8.92
PDH
Prior day low
7.99
PDL
Bid / ask spread
—
Quote not published
Session volume
3.08M
Avg 1.82M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+26.84% +24.9%
1M
-7.36% -8.5%
3M
-24.68% -29.2%
6M
-53.82% -72.0%
YTD
-56.82% -71.1%
1Y
-77.66% -94.1%
3Y
-84.96% -167.2%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on CCOI open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
+2.03M
Net buying
Buy transactions
16
2.05M shares
Sell transactions
6
20.60K shares
Net transactions
+22
Buys less sells
Sell : buy shares
0.0 : 1
Mixed
Insider-held shares
1.97M
Total on file
Bought 2.05MSold 20.60K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Sep 30, 26
BROOKS STEVEN D
Director
STOCK 3.44K $0 Direct
Sep 30, 26
FERGUSON LEWIS H III
Director
STOCK 3.44K $0 Direct
Sep 30, 26
MONTAGNER MARC
Director
STOCK 3.44K $0 Direct
Sep 30, 26
KENNEDY SHERYL LYNN
Director
STOCK 3.44K $0 Direct
Sep 30, 26
DE SA PAUL
Director
STOCK 3.44K $0 Direct
Sep 30, 26
HOWELL DENEEN C
Director
STOCK 3.44K $0 Direct
Sep 30, 26
HOWARD EVE N
Director
STOCK 3.44K $0 Direct
Sep 15, 26
KILMER HENRY WORTHINGTON
Officer
SELL 2.40K $22.10K Direct
Sep 2, 26
WEED THADDEUS GERARD
Officer
SELL 4.85K $45.45K Direct
Jun 30, 26
BROOKS STEVEN D
Director
STOCK 3.44K $0 Direct
Jun 30, 26
FERGUSON LEWIS H III
Director
STOCK 3.44K $0 Direct
Jun 30, 26
MONTAGNER MARC
Director
STOCK 3.44K $0 Direct
Jun 30, 26
KENNEDY SHERYL LYNN
Director
STOCK 3.44K $0 Direct
Jun 30, 26
DE SA PAUL
Director
STOCK 3.44K $0 Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
BROOKS STEVEN D
Director 62.14K Stock Award(Grant)
BUBECK JAMES R.
Officer 55.14K Sale
CHANG JOHN B
Officer 190.72K Stock Award(Grant)
DE SA PAUL
Director 37.24K Stock Award(Grant)
HARRIS MARK ANDREW
Officer 110.17K Stock Award(Grant)
HOWELL DENEEN C
Director 35.77K Stock Award(Grant)
KILMER HENRY WORTHINGTON
Officer 36.20K Sale
MONTAGNER MARC
Director 103.29K Stock Award(Grant)
SCHAEFFER DAVID
Chief Executive Officer 1.87M Stock Award(Grant)
WEED THADDEUS GERARD
Officer 193.05K Sale

Fundamentals

TTM · reported
Market cap$476.82M
Enterprise value$2.90B
Revenue (TTM)$879.81M
Gross profit$442.95M
EBITDA$162.86M
Net income$-45.23M
EPS (TTM)$-0.99
Free cash flow$-132.07M
Total cash$183.70M
Total debt$2.64B
Book value / share$-0.71
Shares outstanding51.22M
Float42.01M
Short % of float18.57%
Dividend yield0.86%
Beta (5Y)0.79

Valuation & profitability ratios

Account required
Trailing P/E—
Forward P/E-3.60
PEG ratio2.22
Price / sales—
Price / book—
EV / revenue3.29
EV / EBITDA17.80
Gross margin50.35%
Operating margin-6.69%
Profit margin-5.14%
Return on equity-721.50%
Return on assets-1.23%
Debt / equity—
Current ratio0.63
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 4 years · 5 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $975.77M$1.04B$940.92M$599.60M -5.8%
Operating revenue $975.77M$1.04B$940.92M$599.60M -5.8%
Cost of revenue $534.96M$641.84M$544.23M$228.15M -16.7%
Gross profit $440.80M$394.27M$396.69M$371.45M +11.8%
Selling, general & admin $274.44M$275.78M$275.32M$163.02M -0.5%
Total operating expense $544.62M$573.80M$507.53M$255.24M -5.1%
Operating income -$103.81M-$179.53M-$110.84M$116.21M +42.2%
Net interest income -$138.29M-$84.25M-$57.63M-$107.26M -64.1%
Pre-tax income -$244.97M-$259.65M$1.22B$26.38M +5.7%
Tax provision -$62.79M-$55.58M-$53.96M$21.23M -13.0%
Net income -$182.17M-$204.07M$1.27B$5.15M +10.7%
Net income to common -$182.17M-$204.07M$1.27B$5.15M +10.7%
Basic EPS -3.80-4.2826.880.11 +11.2%
Diluted EPS -3.80-4.2826.620.11 +11.2%
EBIT -$83.60M-$136.33M$1.31B$137.07M +38.7%
EBITDA $186.58M$161.69M$1.55B$229.29M +15.4%
Basic shares 47.93M47.63M47.37M46.88M +0.6%
Diluted shares 47.93M47.63M47.84M47.21M +0.6%

Options analytics

Account required
Put / call volume
0.32
Call-heavy session
Put / call open interest
4.23
Positioning, not flow
Max pain
20.00
+114.8% from spot
ATM implied vol
12.5%
Nearest strike to spot
Skew (10% OTM)
+37.5%
Puts bid over calls
Call volume
210
Contracts, this expiry
Put volume
67
Contracts, this expiry
Heaviest call OI
40.00
24 contracts
Heaviest put OI
20.00
117 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 -0.95-0.45 +52.6%
Mar 2026 -0.98-0.47 +52.1%
Dec 2025 -1.07-0.31 +71.5%
Sep 2025 -1.22-0.87 +28.7%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter -0.86 2 $234.94M -2.9%
Next quarter -0.82 2 $235.34M -2.2%
Current year -2.52 2 $944.33M -3.2%
Next year -2.58 3 $957.91M +1.4%

Analyst targets & ownership

Account required
Mean target$15.27
High target$30.00
Low target$9.00
Implied upside64.05%
Analyst count11
ConsensusBUY
Strong buy / Buy0 / 4
Hold6
Sell / Strong sell0 / 2
Held by insiders4.12%
Held by institutions95.51%
Institutions holding297
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
8.09
+15.08% from price
SMA 20
8.64
+7.81% from price
SMA 50
9.92
-6.11% from price
SMA 100
12.42
-25.01% from price
SMA 200
17.03
-45.34% from price
EMA 12
8.52
+9.30% from price
EMA 26
8.93
+4.28% from price
EMA 50
9.97
-6.59% from price
RSI (14)
53.6
Neutral
MACD (12,26,9)
-0.41
Hist 0.17
ATR (14)
0.69
7.37% of price
Realised vol 30D
78.1%
Annualised
Bollinger upper
10.05
20, 2σ
Bollinger lower
7.22
20, 2σ
50 / 200 cross
Death
9.92 vs 17.03
Trend bias
Below 200
-45.34%

Options chain

Account required
Expiry
Spot 9.31
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
1.96
More volatile than market
Correlation to SPY
0.28
Largely independent
Realised vol 30D
78.1%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-83.7%
Peak to trough
Max drawdown 5Y
-91.4%
Peak to trough
ATR 14
0.69
7.37% of price
Beta (reported)
0.79
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
6.86M
Prior 6.75M
Change vs prior
+1.7%
Shorts adding
% of float
18.57%
Elevated
% of shares out
13.40%
Against total outstanding
Days to cover
3.9
Liquid
Float
42.01M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

164 on file
DateFirm ActionFromTo
Aug 19, 26 JP Morgan DOWNGRADE Neutral Underweight
Aug 14, 26 UBS MAINTAINED Neutral Neutral
Aug 13, 26 Citigroup MAINTAINED Neutral Neutral
Aug 13, 26 RBC Capital MAINTAINED Sector Perform Sector Perform
Aug 7, 26 TD Cowen MAINTAINED Buy Buy
Aug 7, 26 Wells Fargo MAINTAINED Equal-Weight Equal-Weight
Aug 7, 26 Keybanc MAINTAINED Overweight Overweight
May 29, 26 JP Morgan DOWNGRADE Overweight Neutral
May 19, 26 Citigroup MAINTAINED Neutral Neutral
May 7, 26 Wells Fargo MAINTAINED Equal-Weight Equal-Weight
May 6, 26 RBC Capital MAINTAINED Sector Perform Sector Perform
May 5, 26 JP Morgan UPGRADE Neutral Overweight

Dividends & splits

Declared · from the issuer
Forward rate$0.08 / yr
Forward yield0.86%
5-year avg yield5.37%
Payout ratio562.32%
Ex-dividend dateAug 21, 2026
Next pay dateSep 4, 2026
Last split1:20
Split dateMar 24, 2005

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.