Insider Sales at Zayo Group Holdings (ZAYO) are Significant and Extend the Selling Trend of Last Quarter

Thursday, October 05, 2017 10:15 PM ET

Insider Sales at Zayo Group Holdings (ZAYO) are Significant and Extend the Selling Trend of Last Quarter

SEC filings today reported significant insider sales of Zayo Group Holdings shares as four insiders — Crouch, Waters, Caruso, and Steinfort — disposed of 91,761 shares in the company having a market value of approximately $3,155,932. There have been 4 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the disposition of 858,878 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 950,639 shares and have averaged 118,830 shares per transaction over this time period.

The number of insider buy/sell trades at Zayo Group Holdings is above the 3 peer company average over the last 90-day period. The Telcommunications Network Infrastructure peer group saw 10 buy/sell trades during this period for an average of 3.3 transactions per company. The number of shares per buy/sell trade for Zayo Group Holdings insiders was also higher. Within the peer group there were 0 shares purchased and 858,878 shares sold with company insiders disposing of 85,888 shares on average.

In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated data used to create and write this story.

Today’s Insider Activity
* Andrew Crouch, Officer, sold 22,803 shares
* John F Waters Jr, Officer, sold 9,512 shares
* Daniel Caruso, Director and Officer, sold 58,634 shares
* Matt Steinfort, Officer, sold 812 shares

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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