<div id="readability-page-1"><p>Brown Advisory Inc. trimmed its holdings in shares of  Cogent Communications Holdings, Inc. (NASDAQ:CCOI - Free Report) by 13.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,454,101 shares of the technology company's stock after selling 217,369 shares during the quarter. Brown Advisory Inc. owned approximately 2.96% of Cogent Communications worth $70,102,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>Cogent Communications</strong> alerts:</span></p></div><ul><li>Big Dippers: 3 Stocks Near 1-Year Lows That Could Surge in 2025</li></ul><p>A number of other institutional investors have also recently added to or reduced their stakes in the stock. Magnolia Group LLC purchased a new stake in  Cogent Communications in the 2nd quarter worth $52,704,000.  EdgePoint Investment Group Inc. grew its position in shares of  Cogent Communications by 30.4% in the first quarter. EdgePoint Investment Group Inc. now owns 2,012,297 shares of the technology company's stock valued at $123,374,000 after purchasing an additional 469,028 shares during the period.  Invesco Ltd. increased its stake in shares of  Cogent Communications by 84.2% during the second quarter. Invesco Ltd. now owns 1,003,273 shares of the technology company's stock worth $48,368,000 after purchasing an additional 458,698 shares in the last quarter.  14B Captial Management LP increased its stake in shares of  Cogent Communications by 77.8% during the first quarter. 14B Captial Management LP now owns 448,000 shares of the technology company's stock worth $27,467,000 after purchasing an additional 196,000 shares in the last quarter.  Finally, BlackBarn Capital Partners LP acquired a new position in shares of  Cogent Communications during the 1st quarter worth about $11,649,000. Institutional investors and hedge funds own  92.45% of the company's stock. </p><h2>Analyst Upgrades and Downgrades</h2><p>Several equities research analysts recently issued reports on CCOI shares. JPMorgan Chase &amp; Co. lowered their price objective on Cogent Communications from $37.00 to $23.00 and set a &#34;neutral&#34; rating on the stock in a report on Thursday, November 13th. Weiss Ratings  reaffirmed a &#34;sell (d+)&#34; rating on shares of Cogent Communications in a research note on Tuesday, November 25th. The Goldman Sachs Group dropped their price target on Cogent Communications from $40.00 to $25.00 and set a &#34;neutral&#34; rating for the company in a research report on Friday, November 7th. Zacks Research raised Cogent Communications from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research note on Wednesday, November 12th. Finally, Wells Fargo &amp; Company  restated an &#34;equal weight&#34; rating and issued a $27.00 price objective (down previously from $45.00) on shares of Cogent Communications in a report on Friday, November 7th. One equities research analyst  has rated the stock with a Buy rating, seven have assigned  a Hold rating and one  has given a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of &#34;Hold&#34; and a consensus price target of $25.71.</p><ul><li>2  Mid-Cap Telecom Stocks Offering Superior Returns </li></ul><p><b>Check Out Our Latest Report on Cogent Communications</b></p><h2>Cogent Communications Stock Performance</h2><p>NASDAQ CCOI opened at $19.62 on Friday. The company has a debt-to-equity ratio of 49.06, a quick ratio of 2.02 and a current ratio of 2.02. The stock's fifty day moving average is $32.06 and its two-hundred day moving average is $39.69. The firm has a market capitalization of $963.73 million, a P/E ratio of -4.81 and a beta of 0.83. Cogent Communications Holdings, Inc. has a fifty-two week low of $15.96 and a fifty-two week high of $84.06. </p><p>Cogent Communications (NASDAQ:CCOI - Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The technology company reported ($0.87) EPS for the quarter, topping the consensus estimate of ($1.15) by $0.28. The business had revenue of $241.95 million for the quarter, compared to analyst estimates of $246.13 million. Cogent Communications had a negative return on equity of 208.70% and a negative net margin of 19.72%.The company's quarterly revenue was down 5.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($1.33) EPS.  On average, research analysts anticipate that  Cogent Communications Holdings, Inc. will post -4.55 earnings per share for the current year. </p><h2>Cogent Communications Cuts Dividend</h2><p>The company also recently announced a quarterly dividend, which will be paid on Monday, December 8th. Shareholders of record on Friday, November 21st will be issued a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 0.4%. The ex-dividend date is Friday, November 21st. Cogent Communications's payout ratio is presently -1.96%. </p><h2>Insider Activity at Cogent Communications</h2><p>In other news, Director Lewis H. Ferguson sold 4,000 shares of the firm's stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $20.34, for a total transaction of $81,360.00. Following the completion of the sale, the director owned 19,267 shares in the company, valued at $391,890.78. This trade represents a 17.19% decrease in their position. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which is available at this hyperlink. Also, Director Sheryl Lynn Kennedy sold 2,400 shares of Cogent Communications stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $21.34, for a total transaction of $51,216.00. Following the sale, the director directly owned 10,012 shares in the company, valued at approximately $213,656.08. The trade was a 19.34% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own  11.40% of the company's stock. </p><h2>Cogent Communications Profile</h2> (Free Report)<p>Cogent Communications Holdings, Inc, through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Oceania, South America, and Africa. The company offers on-net Internet access and private network services to law firms, financial services firms, and advertising and marketing firms, as well as heath care providers, educational institutions and other professional services businesses, other Internet service providers, telephone companies, cable television companies, web hosting companies, media service providers, mobile phone operators, content delivery network companies, and commercial content and application service providers.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Cogent Communications</li><li>Stock Average Calculator      </li><li>Rocket Lab’s Big Rebound? Analysts Suggest the Dip's a Gift</li><li>Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?</li><li>Meta’s AI Moment? New SAM 3 Model Has Wall Street Turning Bullish</li><li>Large Cap Stock Definition and How to Invest</li><li>Snowflake Stock: The Dip That Smart Investors Are Buying Right Now</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q0NPSQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q0NPSQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Cogent Communications Right Now?</h2><p>Before you consider Cogent Communications, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cogent Communications wasn't on the list.</p><p>While Cogent Communications currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

CCOI

<p>Brown Advisory Inc. reduced its holdings in Cogent Communications Holdings, Inc. by 13% in Q2, now owning 1,454,101 shares worth $70.1 million. Other institutional investors have also adjusted their stakes. Analysts have mixed ratings on Cogent, with a consensus "Hold" rating and a price target of $25.71. Cogent's stock opened at $19.62, with a market cap of $963.73 million. The company reported a Q3 EPS of ($0.87), beating estimates, and announced a quarterly dividend of $0.02.</p>

Brown Advisory Inc. Cuts Stock Position in Cogent Communications Holdings, Inc. $CCOI