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Cogent Communications Group Inc. Cogent (CCOI) CTO; VP Optical Transport Raymond B Kummer sells 1,500 Shares

Oct 18, 2011 | About:
insider
insider
CTO; VP Optical Transport of Cogent Communications Group Inc. Cogent (CCOI) Raymond B Kummer sells 1,500 shares of CCOI on 10/17/2011 at an average price of $14.87 a share.

Cogent Communications Group Inc. has a market cap of $685.4 million; its shares were traded at around $14.88 with a P/E ratio of 165.3 and P/S ratio of 2.6.

CFO Recent Trades:


  • VP, CFO & Treasurer Thaddeus Gerard Weed sold 5,000 shares of CCOI stock on 07/15/2011 at the average price of 16.62. Thaddeus Gerard Weed owns at least 81,499 shares after this. The price of the stock has decreased by 10.47% since.
  • VP, CFO & Treasurer Thaddeus Gerard Weed sold 1,250 shares of CCOI stock on 07/01/2011 at the average price of 17.05. Thaddeus Gerard Weed owns at least 86,499 shares after this. The price of the stock has decreased by 12.73% since.

This is the insider trade history vs. stock price of CCOI. For the complete insider trading history of CCOI, click here.




Directors and Officers Recent Trades:


  • VP of IP Engineering Mark A Schleifer sold 3,000 shares of CCOI stock on 10/17/2011 at the average price of 14.9. Mark A Schleifer owns at least 33,650 shares after this. The price of the stock has decreased by 0.13% since.
  • VP & Chief Legal Officer Robert N Jr Beury sold 1,000 shares of CCOI stock on 10/11/2011 at the average price of 14.36. Robert N Jr Beury owns at least 68,340 shares after this. The price of the stock has increased by 3.62% since.
  • VP Sales & CRO Jeffrey Karnes sold 500 shares of CCOI stock on 10/03/2011 at the average price of 13.35. Jeffrey Karnes owns at least 79,118 shares after this. The price of the stock has increased by 11.46% since.
  • CTO; VP Optical Transport Raymond B Kummer sold 500 shares of CCOI stock on 10/03/2011 at the average price of 13.29. Raymond B Kummer owns at least 69,552 shares after this. The price of the stock has increased by 11.96% since.
  • VP Field Engineering Timothy G Oneill sold 1,250 shares of CCOI stock on 10/03/2011 at the average price of 13.28. Timothy G Oneill owns at least 55,402 shares after this. The price of the stock has increased by 12.05% since.


For the complete insider trading history of CCOI, click here.

Tickers in the article:

Why CEOs Are Buying Stocks Of Their Own Companies?

  1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
  2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
  3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading


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