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

Monday, January 08, 2018 10:15 PM ET

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

Zayo Group Holdings, today, saw four insiders — Crouch, Waters, Caruso, and Steinfort — sell 336,399 shares having a market value of approximately $12,137,333, as disclosed in form 4 documents filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to these filings. These trades have resulted in the acquisition of 43,095 company shares and the disposition of 4,700,000 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 4,993,304 shares and have averaged 846,582 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Zayo Group Holdings is greater than its 3-company peer group average. The Telcommunications Network Infrastructure peer group saw 2 buy/sell trades during this period for an average of 0.7 transactions per company. However, the number of shares traded per transaction by Zayo Group Holdings insiders is lower than its peers. Within the peer group there were 43,095 shares purchased and 4,700,000 shares sold with company insiders disposing of 2,328,453 shares on average over this time period.

To bring into focus 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 in data sourced to compose and write this story.

Today’s Insider Activity
* Andrew Crouch, Officer, sold 19,537 shares
* John F Waters Jr, Officer, sold 10,711 shares
* Daniel Caruso, Director and Officer, sold 304,260 shares
* Matt Steinfort, Officer, sold 1,891 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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