Insider Trading: Richard Connor Unloaded 2,500 Shares of Zayo Group Holdings, Inc. (ZAYO); Shorts at Fennec Pharmaceuticals (FENC) Raised By 180.45%

April 21, 2018 - By Kurt Siggers

Zayo Group Holdings, Inc. (NYSE:ZAYO) Logo

Fennec Pharmaceuticals Inc (NASDAQ:FENC) had an increase of 180.45% in short interest. FENC’s SI was 37,300 shares in April as released by FINRA. Its up 180.45% from 13,300 shares previously. With 150,000 avg volume, 0 days are for Fennec Pharmaceuticals Inc (NASDAQ:FENC)’s short sellers to cover FENC’s short positions. The SI to Fennec Pharmaceuticals Inc’s float is 0.56%. The stock decreased 1.62% or $0.22 during the last trading session, reaching $13.35. About 28,882 shares traded. Fennec Pharmaceuticals Inc. (NASDAQ:FENC) has 0.00% since April 21, 2017 and is . It has underperformed by 11.55% the S&P500.

Fennec Pharmaceuticals Inc., a biopharmaceutical company, develops product candidates for use in the treatment of cancer in the United States. The company has market cap of $246.50 million. The Company’s lead product candidate is the Sodium Thiosulfate, a water soluble thiol compound that acts as a chemical reducing agent, which has completed the Phase III clinical trial for the prevention of cisplatin induced hearing loss or ototoxicity in children. It currently has negative earnings. The firm was formerly known as Adherex Technologies Inc. and changed its name to Fennec Pharmaceuticals Inc. in September 2014.

Zayo Group Holdings, Inc., through its subsidiaries, provides bandwidth infrastructure solutions for the communications industry in the United States, Canada, and Europe. The company has market cap of $9.24 billion. The firm operates in six divisions: Fiber Solutions, Transport, Enterprise Networks, Zayo Colocation , Allstream, and Other. It has a 107.97 P/E ratio. The Fiber Solutions segment provides dark fiber, and fiber-to-the-tower and small cell mobile infrastructure services for carriers and other communication service providers, Internet service providers, wireless service providers, media and content companies, large enterprises, and other companies.

Since December 29, 2017, it had 0 insider purchases, and 21 sales for $211.25 million activity. $992,716 worth of Zayo Group Holdings, Inc. (NYSE:ZAYO) was sold by Caruso Daniel on Monday, March 12. 1,768 shares were sold by Steinfort Matt, worth $62,552. 4.68M Zayo Group Holdings, Inc. (NYSE:ZAYO) shares with value of $173.21M were sold by GTCR FUND X/A LP. On Saturday, March 31 the insider Richardson Nina sold $21,182. $706,067 worth of stock was sold by Crouch Andrew on Wednesday, January 3. Connor Richard W. sold 1,037 shares worth $35,258. 10,711 shares valued at $387,096 were sold by Waters John F Jr. on Wednesday, January 3.

The stock increased 1.22% or $0.45 during the last trading session, reaching $37.25. About 1.82 million shares traded. Zayo Group Holdings, Inc. (NYSE:ZAYO) has risen 0.96% since April 21, 2017 and is uptrending. It has underperformed by 10.59% the S&P500.

Among 21 analysts covering Zayo Group Holdings (NYSE:ZAYO), 16 have Buy rating, 1 Sell and 4 Hold. Therefore 76% are positive. Zayo Group Holdings has $4500 highest and $25 lowest target. $37.71’s average target is 1.23% above currents $37.25 stock price. Zayo Group Holdings had 45 analyst reports since August 5, 2015 according to SRatingsIntel. RBC Capital Markets maintained Zayo Group Holdings, Inc. (NYSE:ZAYO) on Thursday, February 8 with “Buy” rating. Barclays Capital maintained Zayo Group Holdings, Inc. (NYSE:ZAYO) rating on Wednesday, October 18. Barclays Capital has “Overweight” rating and $40 target. SunTrust maintained Zayo Group Holdings, Inc. (NYSE:ZAYO) on Thursday, December 14 with “Buy” rating. Oppenheimer maintained Zayo Group Holdings, Inc. (NYSE:ZAYO) on Monday, August 21 with “Buy” rating. The company was downgraded on Friday, August 26 by Stephens. Barclays Capital maintained it with “Overweight” rating and $34 target in Monday, September 21 report. As per Friday, April 13, the company rating was upgraded by Raymond James. The firm has “Neutral” rating by Moffett Nathanson given on Wednesday, August 5. The stock of Zayo Group Holdings, Inc. (NYSE:ZAYO) has “Buy” rating given on Thursday, November 9 by RBC Capital Markets. The stock has “Buy” rating by RBC Capital Markets on Monday, June 19.

Richard Connor – a widely followed insider in Zayo Group Holdings Inc who’s at present the director — sold 2,500 shares of Zayo Group Holdings Inc, valued at about USD 93,750 based on an average share price of USD 37.5. This is not his first insider trade, in the last month, he sold another 1,037 shares worth $35,258 USD. Today, he has in hand a total of 144,846 shares or 0.06% of the company’s total market capitalization. More information about the sale dated April 20, 2018, could be found ready for use in an electronic form on the SEC website here.

Analysts await Zayo Group Holdings, Inc. (NYSE:ZAYO) to report earnings on May, 3 after the close. They expect $0.11 earnings per share, down 15.38% or $0.02 from last year’s $0.13 per share. ZAYO’s profit will be $27.29 million for 84.66 P/E if the $0.11 EPS becomes a reality. After $0.23 actual earnings per share reported by Zayo Group Holdings, Inc. for the previous quarter, Wall Street now forecasts -52.17% negative EPS growth.

Investors sentiment increased to 1.32 in Q4 2017. Its up 0.12, from 1.2 in 2017Q3. It is positive, as 29 investors sold Zayo Group Holdings, Inc. shares while 78 reduced holdings. 51 funds opened positions while 90 raised stakes. 207.53 million shares or 2.30% more from 202.87 million shares in 2017Q3 were reported. United Ser Automobile Association reported 68,393 shares stake. Citadel Limited Liability owns 2.16M shares. Moreover, Ftb has 0% invested in Zayo Group Holdings, Inc. (NYSE:ZAYO) for 401 shares. Waddell & Reed invested in 4.71 million shares or 0.38% of the stock. 376,230 are held by Reinhart Prtnrs. South Africa-based Old Mutual Customised Solutions (Proprietary) Limited has invested 0.03% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Nomura Hldgs holds 0% or 20,989 shares in its portfolio. Parametric Assoc Ltd Limited Liability Company owns 299,049 shares. Victory holds 52,241 shares. Congress Asset Management Ma has 203,004 shares for 0.11% of their portfolio. Goldman Sachs Gp Incorporated owns 3.62M shares. Marshall Wace Llp owns 169,779 shares or 0.26% of their US portfolio. Morgan Stanley reported 872,028 shares or 0.01% of all its holdings. Sumitomo Mitsui Asset Management Ltd reported 0.01% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Sachem Head Cap Limited Partnership has 5.70M shares for 9.72% of their portfolio.

Zayo Group Holdings, Inc. (NYSE:ZAYO) Institutional Positions Chart

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