cogent is one of the world's largest internet service providers, delivering high quality internet, ethernet and colocation services to more than 61,820 enterprise and netcentric customer connections. cogent serves over 198 markets in 41 countries across its facilities-based, all-optical ip network.
Company profile
Ticker
CCOI
Exchange
Website
CEO
David Schaeffer Ph.D.
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
COGENT COMMUNICATIONS GROUP INC
SEC CIK
Corporate docs
Subsidiaries
COGENT COMMUNICATIONS GROUP, INC. • COGENT COMMUNICATIONS, INC. • COGENT COMMUNICATIONS OF CALIFORNIA, INC. • COGENT COMMUNICATIONS OF D.C., INC. • COGENT COMMUNICATIONS OF FLORIDA, INC. • COGENT COMMUNICATIONS OF MARYLAND, INC. • COGENT COMMUNICATIONS OF TEXAS USA, INC. • COGENT IH, LLC • COGENT WG, LLC • COGENT TW, LLC ...
IRS number
522337274
CCOI stock data
Latest filings (excl ownership)
8-K
Cogent Announces IPv4 Address Securitization Offering
25 Apr 24
8-K
Regulation FD Disclosure
18 Apr 24
ARS
2023 FY
Annual report to shareholders
25 Mar 24
DEF 14A
Definitive proxy
25 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
Cogent Communications Reports Fourth Quarter and Full Year 2023 Results and Increases its Regular Quarterly Dividend on its Common Stock
29 Feb 24
8-K
Departure of Directors or Certain Officers
5 Jan 24
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Cogent Communications Reports Third Quarter 2023 Results and Increases its Regular Quarterly Dividend on its Common Stock
9 Nov 23
8-K
Departure of Directors or Certain Officers
29 Aug 23
Transcripts
CCOI
Earnings call transcript
2023 Q4
29 Feb 24
CCOI
Earnings call transcript
2023 Q3
9 Nov 23
CCOI
Earnings call transcript
2023 Q2
10 Aug 23
CCOI
Earnings call transcript
2023 Q1
4 May 23
CCOI
Earnings call transcript
2023 Q1
4 May 23
CCOI
Earnings call transcript
2022 Q4
23 Feb 23
CCOI
Earnings call transcript
2022 Q3
6 Nov 22
CCOI
Earnings call transcript
2022 Q3
3 Nov 22
CCOI
Earnings call transcript
2022 Q2
7 Aug 22
CCOI
Earnings call transcript
2022 Q1
7 May 22
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 166.07 mm | 166.07 mm | 166.07 mm | 166.07 mm | 166.07 mm | 166.07 mm |
Cash burn (monthly) | 25.96 mm | 13.13 mm | 23.45 mm | (no burn) | 17.48 mm | (no burn) |
Cash used (since last report) | 179.02 mm | 90.56 mm | 161.70 mm | n/a | 120.52 mm | n/a |
Cash remaining | -12.95 mm | 75.51 mm | 4.37 mm | n/a | 45.55 mm | n/a |
Runway (months of cash) | -0.5 | 5.7 | 0.2 | n/a | 2.6 | n/a |
Institutional ownership, Q3 2023
87.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 307 |
Opened positions | 45 |
Closed positions | 20 |
Increased positions | 111 |
Reduced positions | 103 |
13F shares | Current |
---|---|
Total value | 2.56 tn |
Total shares | 41.41 mm |
Total puts | 77.50 k |
Total calls | 196.80 k |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 7.02 mm | $434.62 bn |
Vanguard | 5.09 mm | $314.98 bn |
STT State Street | 1.78 mm | $110.28 bn |
Renaissance Technologies | 1.76 mm | $108.98 bn |
Brown Advisory | 1.36 mm | $84.18 bn |
Dimensional Fund Advisors | 1.02 mm | $62.84 bn |
Harspring Capital Management | 984.00 k | $60.91 bn |
Copeland Capital Management | 969.14 k | $59.99 bn |
Geode Capital Management | 914.97 k | $56.64 bn |
MIG Capital | 820.25 k | $50.77 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Dave Schaeffer | common stock | Sale back to company | Dispose D | No | No | 0 | 50,165 | 0.00 | 4,603,038 |
1 Apr 24 | Blake Bath | common stock | Grant | Acquire A | No | No | 0 | 1,370 | 0.00 | 13,093 |
1 Apr 24 | Brooks Steven D | common stock | Grant | Acquire A | No | No | 0 | 1,370 | 0.00 | 38,918 |
1 Apr 24 | Sa Paul de | common stock | Grant | Acquire A | No | No | 0 | 1,370 | 0.00 | 13,418 |
1 Apr 24 | Kennedy Sheryl Lynn | common stock | Grant | Acquire A | No | No | 0 | 1,370 | 0.00 | 11,731 |
News
Verizon Communications Q1 Earnings Beat Estimates
22 Apr 24
MoffettNathanson Maintains Buy on Cogent Comms Hldgs, Raises Price Target to $105
11 Mar 24
In-Depth Examination Of 4 Analyst Recommendations For Cogent Comms Hldgs
7 Mar 24
B of A Securities Downgrades Cogent Comms Hldgs to Neutral, Lowers Price Target to $75
7 Mar 24
Keybanc Maintains Overweight on Cogent Comms Hldgs, Raises Price Target to $88
1 Mar 24
Press releases
Cogent Communications to Host First Quarter 2024 Earnings Call on May 9, 2024
18 Apr 24
Cogent Communications Reports Fourth Quarter and Full Year 2023 Results and Increases its Regular Quarterly Dividend on its Common Stock
29 Feb 24
Cogent Communications CEO to Present at an Upcoming Conference
26 Feb 24
Cogent Communications to Host Fourth Quarter and Full Year 2023 Earnings Call on February 29, 2024
7 Feb 24