CCOI Earnings Preview
Cogent Communications Holdings, Inc. · Communication Services · $1B
CCOI Earnings
Monday, May 04 2026
EPS Estimate
$-1.07
$-1.29 – $-0.78
Revenue Estimate
$242M
Current Price
$24.39
Our Position
neutralAI boom could push CCOI traffic growth toward 23% trend
structured data
est. revisions falling
(-13.1pp / 30d)
If AI adoption translates to traffic inflection, Cogent's low-cost backbone and growing high-margin wavelengths segment could capture disproportionate volume—but only if the June 2026 refinance doesn't force deleveraging constraints that starve capex or trigger asset sales at depressed values.
Watch: June 2026 refinance: whether Cogent secures the $750 million replacement at reasonable terms or faces secured-debt penalty that clips margin gains and forces asset liquidation.
Data Signal Summary
0 bullish
4 bearish
Estimates down -11%
Insider selling cluster
Put/call 1.8 (bearish skew)
Price downtrend
Key Context
Insider Activity
selling
Price Trend
downtrend
From 52w High
0.0%
Est. Revisions (30d)
-11.2% 0up/0dn
Analyst Target (mean)
$26 $17–$43 +7%
Options P/C Ratio
1.81
Est. Dispersion
48% 3 analysts
Insider Cluster
strong sell
Fund Convergence
strong Citadel, Renaissance, Bridgewater
Recent Activity
insider trades
146 transactions
Other
·
SCHAEFFER DAVID (Chief Executive Officer)
·29,333 shares
Award
·
BROOKS STEVEN D (Director)
·3,445 shares
Award
·
FERGUSON LEWIS H III (Director)
·3,445 shares
Award
·
KENNEDY SHERYL LYNN (Director)
·3,445 shares
Award
·
DE SA PAUL (Director)
·3,445 shares
141 more
Award
·
HOWELL DENEEN C
·3,445 shr
Award
·
HOWARD EVE N
·3,445 shr
Award
·
MONTAGNER MARC
·3,445 shr
Sell
·
KILMER HENRY WORTHINGTON
·2,400 shr
·$56,040
Sell
·
WEED THADDEUS GERARD
·4,850 shr
·$109,756
Sell
·
FERGUSON LEWIS H III
·2,206 shr
·$50,804
Sell
·
KENNEDY SHERYL LYNN
·3,300 shr
·$75,867
Award
·
SCHAEFFER DAVID
·229,657 shr
Other
·
SCHAEFFER DAVID
·229,657 shr
Award
·
BROOKS STEVEN D
·3,388 shr
Award
·
WEED THADDEUS GERARD
·119,400 shr
Award
·
FERGUSON LEWIS H III
·3,388 shr
Award
·
CHANG JOHN B
·109,600 shr
Award
·
KENNEDY SHERYL LYNN
·3,388 shr
Award
·
DE SA PAUL
·3,388 shr
Award
·
HOWELL DENEEN C
·3,388 shr
Award
·
HOWARD EVE N
·3,388 shr
Award
·
HARRIS MARK ANDREW
·105,000 shr
Award
·
MONTAGNER MARC
·3,388 shr
Award
·
KILMER HENRY WORTHINGTON
·9,600 shr
Sell
·
WEED THADDEUS GERARD
·7,300 shr
·$175,127
Sell
·
KILMER HENRY WORTHINGTON
·4,800 shr
·$94,992
Sell
·
FERGUSON LEWIS H III
·4,000 shr
·$81,341
Award
·
WEED THADDEUS GERARD
·2,400 shr
Award
·
CHANG JOHN B
·2,400 shr
Sell
·
KILMER HENRY WORTHINGTON
·2,400 shr
·$46,728
Sell
·
KENNEDY SHERYL LYNN
·2,400 shr
·$51,221
Award
·
BROOKS STEVEN D
·2,395 shr
Award
·
FERGUSON LEWIS H III
·2,395 shr
Award
·
KENNEDY SHERYL LYNN
·2,395 shr
Award
·
DE SA PAUL
·2,395 shr
Award
·
HOWELL DENEEN C
·2,395 shr
Award
·
HOWARD EVE N
·2,395 shr
Award
·
MONTAGNER MARC
·2,395 shr
Sell
·
KILMER HENRY WORTHINGTON
·2,400 shr
·$88,776
Sell
·
WEED THADDEUS GERARD
·4,900 shr
·$181,202
Award
·
HARRIS MARK ANDREW
·668 shr
Sell
·
KENNEDY SHERYL LYNN
·2,000 shr
·$72,700
Sell
·
SCHAEFFER DAVID
·818,909 shr
·$22,519,998
Sell
·
SCHAEFFER DAVID
·1,840,669 shr
·$60,005,809
Award
·
BROOKS STEVEN D
·1,968 shr
Award
·
FERGUSON LEWIS H III
·1,968 shr
Award
·
KENNEDY SHERYL LYNN
·1,968 shr
Award
·
DE SA PAUL
·1,968 shr
Award
·
HOWELL DENEEN C
·1,968 shr
Award
·
HOWARD EVE N
·1,968 shr
Award
·
MONTAGNER MARC
·1,968 shr
Sell
·
SCHAEFFER DAVID
·70,000 shr
·$3,297,609
Sell
·
SCHAEFFER DAVID
·55,000 shr
·$2,607,204
Sell
·
SCHAEFFER DAVID
·55,000 shr
·$2,632,372
Sell
·
SCHAEFFER DAVID
·55,000 shr
·$2,668,135
Sell
·
SCHAEFFER DAVID
·55,000 shr
·$2,677,490
Sell
·
WEED THADDEUS GERARD
·4,900 shr
·$235,396
Sell
·
SCHAEFFER DAVID
·55,000 shr
·$2,675,346
Sell
·
SCHAEFFER DAVID
·80,000 shr
·$3,822,124
Sell
·
KILMER HENRY WORTHINGTON
·2,400 shr
·$115,080
Sell
·
SCHAEFFER DAVID
·75,000 shr
·$3,547,316
Sell
·
SCHAEFFER DAVID
·75,000 shr
·$3,581,982
Sell
·
BUBECK JAMES R.
·2,000 shr
·$94,999
Sell
·
SCHAEFFER DAVID
·65,000 shr
·$3,052,867
Sell
·
SCHAEFFER DAVID
·65,000 shr
·$3,011,140
Other
·
CHANG JOHN B
·398 shr
Sell
·
SCHAEFFER DAVID
·25,000 shr
·$1,147,425
Sell
·
SCHAEFFER DAVID
·25,000 shr
·$1,172,592
Sell
·
WEED THADDEUS GERARD
·100 shr
·$4,766
Sell
·
SCHAEFFER DAVID
·20,000 shr
·$948,174
Sell
·
FERGUSON LEWIS H III
·1,100 shr
·$52,327
Sell
·
SCHAEFFER DAVID
·20,000 shr
·$973,322
Sell
·
SCHAEFFER DAVID
·25,000 shr
·$1,173,318
Sell
·
SCHAEFFER DAVID
·25,000 shr
·$1,156,768
Sell
·
SCHAEFFER DAVID
·40,000 shr
·$1,872,248
Sell
·
SCHAEFFER DAVID
·15,000 shr
·$749,348
Sell
·
SCHAEFFER DAVID
·15,000 shr
·$764,925
Sell
·
WEED THADDEUS GERARD
·100 shr
·$5,041
Sell
·
WEED THADDEUS GERARD
·100 shr
·$5,059
Sell
·
SCHAEFFER DAVID
·40,000 shr
·$2,015,036
Sell
·
SCHAEFFER DAVID
·30,000 shr
·$1,519,140
Sell
·
SCHAEFFER DAVID
·54,000 shr
·$2,720,231
Other
·
CHANG JOHN B
·756 shr
Sell
·
KENNEDY SHERYL LYNN
·1,450 shr
·$72,773
Award
·
BROOKS STEVEN D
·1,352 shr
Award
·
BATH DAVID BLAKE
·1,352 shr
Award
·
FERGUSON LEWIS H III
·1,352 shr
Award
·
KENNEDY SHERYL LYNN
·1,352 shr
Award
·
DE SA PAUL
·1,352 shr
Award
·
HOWELL DENEEN C
·1,352 shr
Award
·
HOWARD EVE N
·1,352 shr
Award
·
MONTAGNER MARC
·1,352 shr
Sell
·
FERGUSON LEWIS H III
·956 shr
·$66,313
Other
·
CHANG JOHN B
·357 shr
Sell
·
KILMER HENRY WORTHINGTON
·2,400 shr
·$174,168
Other
·
CHANG JOHN B
·715 shr
Sell
·
SCHAEFFER DAVID
·60,000 shr
·$4,305,978
Sell
·
BUBECK JAMES R.
·2,000 shr
·$143,348
Sell
·
WEED THADDEUS GERARD
·4,900 shr
·$353,110
Sell
·
KENNEDY SHERYL LYNN
·1,425 shr
·$103,967
Other
·
BROOKS STEVEN D
·299 shr
Award
·
SCHAEFFER DAVID
·180,000 shr
Award
·
WEED THADDEUS GERARD
·19,400 shr
Award
·
CHANG JOHN B
·9,600 shr
Award
·
BUBECK JAMES R.
·9,600 shr
Award
·
BROOKS STEVEN D
·1,254 shr
Award
·
BATH DAVID BLAKE
·1,254 shr
Award
·
FERGUSON LEWIS H III
·1,254 shr
Award
·
KENNEDY SHERYL LYNN
·1,254 shr
Award
·
DE SA PAUL
·1,254 shr
Award
·
HOWELL DENEEN C
·1,254 shr
Award
·
HOWARD EVE N
·1,254 shr
Award
·
MONTAGNER MARC
·1,254 shr
Other
·
CHANG JOHN B
·970 shr
Sell
·
KILMER HENRY WORTHINGTON
·4,800 shr
·$362,942
Sell
·
BUBECK JAMES R.
·1,920 shr
·$147,065
Other
·
CHANG JOHN B
·900 shr
Sell
·
WEED THADDEUS GERARD
·4,800 shr
·$391,584
Sell
·
BUBECK JAMES R.
·1,920 shr
·$156,329
Sell
·
KILMER HENRY WORTHINGTON
·2,400 shr
·$197,256
Award
·
KILMER HENRY WORTHINGTON
·2,400 shr
Award
·
BUBECK JAMES R.
·2,400 shr
Sell
·
SCHAEFFER DAVID
·60,000 shr
·$4,999,480
Sell
·
BATH DAVID BLAKE
·6,220 shr
·$520,565
Sell
·
FERGUSON LEWIS H III
·846 shr
·$69,171
Sell
·
CHANG JOHN B
·2,280 shr
·$183,328
Sell
·
KENNEDY SHERYL LYNN
·1,350 shr
·$108,777
Sell
·
HOWARD EVE N
·3,500 shr
·$287,070
Award
·
BROOKS STEVEN D
·1,452 shr
Award
·
FERGUSON LEWIS H III
·1,452 shr
Award
·
LIEBHABER & ASSOCIATES
·1,452 shr
Award
·
KENNEDY SHERYL LYNN
·1,452 shr
Award
·
DE SA PAUL
·1,452 shr
Award
·
HOWELL DENEEN C
·1,452 shr
Award
·
HOWARD EVE N
·1,452 shr
Award
·
MONTAGNER MARC
·1,452 shr
Sell
·
CHANG JOHN B
·1,400 shr
·$100,338
Sell
·
SCHAEFFER DAVID
·65,000 shr
·$4,663,555
Sell
·
KENNEDY SHERYL LYNN
·1,550 shr
·$110,139
Sell
·
KILMER HENRY WORTHINGTON
·2,400 shr
·$166,824
Sell
·
BUBECK JAMES R.
·1,920 shr
·$133,958
Sell
·
WEED THADDEUS GERARD
·2,400 shr
·$167,222
Sell
·
SCHAEFFER DAVID
·60,000 shr
·$4,368,960
Sell
·
CHANG JOHN B
·2,055 shr
·$152,070
Sell
·
FERGUSON LEWIS H III
·1,550 shr
·$112,554
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