CCOINasdaqCommunications Services, NECFiscal year ends December 31
COGENT COMMUNICATIONS HOLDINGS, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$7.76−0.31 (-3.84%)
Close on Oct 19, 2026
- Market cap
- $375.81M
- P/E (TTM)
- –
- Dividend yield
- 39.30%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
92.3%
47M of 51M shares
Institutional holders
225
44 new, 46 sold out
Net institutional buying
-1M
In Q2 2026
Insider trades, 12 months
0 buys · 15 sales
Net sold $995.50K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Turtle Creek Asset Management Inc. | 4,036,847 | 8.20% | 13G (passive) amendment | Dec 31, 2025 |
| BlackRock, Inc. | 3,932,477 | 7.70% | 13G (passive) amendment | Sep 30, 2026 |
| Peter S. Park | 2,806,339 | 5.60% | 13G (passive) amendment | Jun 10, 2026 |
| State Street Corporation | 2,779,396 | 5.50% | 13G (passive) | Jun 30, 2026 |
| Park West Asset Management LLC | 2,546,505 | 5.10% | 13G (passive) | May 15, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of CCOI | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 7,376,384 | 14.40% | $102.38M | +301,012 | 0.00% |
| Turtle Creek Asset Management Inc. | 4,203,527 | 8.21% | $58.34M | −145,370 | 2.28% |
| Park West Asset Management LLC | 3,106,339 | 6.07% | $43.12M | +1,171,138 | 2.94% |
| State Street Corp | 2,779,367 | 5.43% | $38.58M | +506,102 | 0.00% |
| Vanguard Portfolio Management LLC | 2,384,929 | 4.66% | $33.10M | −363,830 | 0.00% |
| EdgePoint Investment Group Inc. | 2,283,378 | 4.46% | $31.69M | – | 0.24% |
| Vanguard Capital Management LLC | 2,037,716 | 3.98% | $28.28M | −82,815 | 0.00% |
| Newtyn Management, LLC | 1,655,895 | 3.23% | $22.98M | +55,895 | 2.87% |
| Geode Capital Management, LLC | 1,245,445 | 2.43% | $17.29M | +39,810 | 0.00% |
| Citadel Advisors LLC | 1,172,541 | 2.29% | $16.27M | +746,261 | 0.00% |
| Magnolia Group, LLC | 979,686 | 1.91% | $13.60M | −310,518 | 2.86% |
| Goldman Sachs Group Inc | 973,138 | 1.90% | $13.51M | +260,204 | 0.00% |
| Charles Schwab Investment Management Inc | 805,244 | 1.57% | $11.18M | +45,127 | 0.00% |
| Gilder Gagnon Howe & Co LLC | 783,783 | 1.53% | $10.88M | +284,493 | 0.11% |
| Broad Run Investment Management, LLC | 660,130 | 1.29% | $9.16M | −3,070 | 1.41% |
| Morgan Stanley | 627,593 | 1.23% | $8.71M | −1,255,479 | 0.00% |
| Aqr Capital Management LLC | 615,561 | 1.20% | $8.54M | +405,652 | 0.00% |
| Harspring Capital Management, LLC | 599,418 | 1.17% | $8.32M | −487,582 | 15.49% |
| Hrt Financial LP | 557,674 | 1.09% | $7.74K | +48,579 | 0.00% |
| Northern Trust Corp | 516,683 | 1.01% | $7.17M | +19,488 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 225 | 47M | 92.3% | 44 / 77 | 72 / 46 | 7M | 8M |
| Q1 2026 | 233 | 49M | 95.3% | 43 / 77 | 81 / 49 | 12M | 6M |
| Q4 2025 | 246 | 49M | 95.4% | 52 / 89 | 79 / 72 | 10M | 12M |
| Q3 2025 | 266 | 51M | 100.0% | 47 / 106 | 81 / 72 | 11M | 9M |
| Q2 2025 | 294 | 49M | 95.6% | 38 / 112 | 107 / 61 | 8M | 5M |
| Q1 2025 | 320 | 46M | 90.5% | 45 / 104 | 113 / 33 | 4M | 3M |
| Q4 2024 | 314 | 46M | 90.7% | 40 / 103 | 117 / 38 | 4M | 4M |
| Q3 2024 | 316 | 47M | 91.4% | 48 / 100 | 118 / 41 | 10M | 3M |
| Q2 2024 | 310 | 46M | 90.1% | 47 / 97 | 116 / 50 | 5M | 5M |
| Q1 2024 | 315 | 46M | 90.4% | 47 / 101 | 119 / 42 | 5M | 3M |
| Q4 2023 | 311 | 45M | 87.6% | 46 / 105 | 115 / 40 | 5M | 3M |
| Q3 2023 | 310 | 42M | 82.4% | 46 / 112 | 107 / 18 | 4M | 4M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of CCOI | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 2,878,622 | 5.62% | $39.96M | 0.04% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 1,441,723 | 2.82% | $20.01M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 1,278,313 | 2.50% | $17.74M | 0.02% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 1,033,231 | 2.02% | $14.34M | 0.01% | Jun 30, 2026 |
| State Street(R) SPDR(R) S&P(R) Telecom ETF | 913,046 | 1.78% | $12.67M | 1.78% | Jun 30, 2026 |
| Vanguard Small-Cap Growth Index Fund | 593,234 | 1.16% | $8.23M | 0.02% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 541,580 | 1.06% | $7.31M | 0.02% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 541,481 | 1.06% | $7.52M | 0.01% | Jun 30, 2026 |
| Hennessy Focus Fund | 492,488 | 0.96% | $6.65M | 1.44% | Jul 31, 2026 |
| iShares Russell 2000 Growth ETF | 463,177 | 0.90% | $6.43M | 0.04% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 440,422 | 0.86% | $6.11M | 0.04% | Jun 30, 2026 |
| Vanguard Russell 2000 Index Fund | 250,679 | 0.49% | $4.45M | 0.03% | May 31, 2026 |
| Fidelity Extended Market Index Fund | 247,217 | 0.48% | $4.39M | 0.01% | May 31, 2026 |
| iShares S&P Small-Cap 600 Growth ETF | 231,899 | 0.45% | $3.22M | 0.04% | Jun 30, 2026 |
| Schwab Fundamental U.S. Small Company ETF | 227,640 | 0.44% | $4.04M | 0.05% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Dave Schaeffer | CHAIRMAN, CEO, AND PRESIDENT, Director | 2,868,133 | 5.60% | May 4, 2026 |
| Henry W. Kilmer | VP OF NETWORK STRATEGY | 36,200 | 0.07% | Sep 15, 2026 |
| Thaddeus Gerard Weed | VICE PRESIDENT, CFO | 193,050 | 0.38% | Sep 3, 2026 |
| Mark Andrew Harris | VP & Chief Revenue Officer | 110,168 | 0.22% | Jan 5, 2026 |
| John B. Chang | VP & CHIEF LEGAL OFFICER | 90,717 | 0.18% | Jan 5, 2026 |
| James Bubeck | CHIEF REVENUE OFFICER | 55,142 | 0.11% | Jun 6, 2025 |
| Sheryl Lynn Kennedy | Director | 17,135 | 0.03% | Sep 30, 2026 |
| Lewis H. FERGUSON | Director | 27,984 | 0.05% | Sep 30, 2026 |
| Marc Montagner | Director | 103,287 | 0.20% | Sep 30, 2026 |
| Eve N. Howard | Director | 30,751 | 0.06% | Sep 30, 2026 |
| Deneen C. Howell | Director | 35,775 | 0.07% | Sep 30, 2026 |
| Steven D. Brooks | Director | 1,278,663 | 2.50% | Sep 30, 2026 |
| Sa Paul de | Director | 37,237 | 0.07% | Sep 30, 2026 |
| Blake Bath | Director | 12,606 | 0.02% | Mar 31, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Sheryl Lynn Kennedy Director | Sep 30, 2026 | Award | +3,445 | – | – | 17,135 |
| Steven D. Brooks Director | Sep 30, 2026 | Award | +3,445 | – | – | 62,138 |
| Deneen C. Howell Director | Sep 30, 2026 | Award | +3,445 | – | – | 35,775 |
| Lewis H. FERGUSON Director | Sep 30, 2026 | Award | +3,445 | – | – | 27,984 |
| Marc Montagner Director | Sep 30, 2026 | Award | +3,445 | – | – | 103,287 |
| Eve N. Howard Director | Sep 30, 2026 | Award | +3,445 | – | – | 30,751 |
| Sa Paul de Director | Sep 30, 2026 | Award | +3,445 | – | – | 37,237 |
| Henry W. Kilmer VP OF NETWORK STRATEGY | Sep 15, 2026 | Sale | −2,400 | $9.21 | $22.10K | 36,200 |
| Thaddeus Gerard Weed VICE PRESIDENT, CFO | Sep 2, 2026 | Sale | −4,850 | $9.37 | $45.44K | 193,050 |
| Eve N. Howard Director | Jun 30, 2026 | Award | +3,445 | – | – | 27,306 |
| Steven D. Brooks Director | Jun 30, 2026 | Award | +3,445 | – | – | 58,693 |
| Sa Paul de Director | Jun 30, 2026 | Award | +3,445 | – | – | 33,792 |
| Deneen C. Howell Director | Jun 30, 2026 | Award | +3,445 | – | – | 32,330 |
| Lewis H. FERGUSON Director | Jun 30, 2026 | Award | +3,445 | – | – | 24,539 |
| Marc Montagner Director | Jun 30, 2026 | Award | +3,445 | – | – | 99,842 |
| Sheryl Lynn Kennedy Director | Jun 30, 2026 | Award | +3,445 | – | – | 13,690 |
| Thaddeus Gerard Weed VICE PRESIDENT, CFO | Jun 16, 2026 | Sale | −4,850 | $16.79 | $81.43K | 197,900 |
| Henry W. Kilmer VP OF NETWORK STRATEGY | Jun 15, 2026 | Sale | −2,400 | $17.01 | $40.82K | 38,600 |
| Lewis H. FERGUSON Director | May 28, 2026 | Sale | −2,800 | $20.36 | $57.01K | 21,094 |
| Sheryl Lynn Kennedy Director | May 14, 2026 | Sale | −3,300 | $16.22 | $53.53K | 10,245 |
| Dave Schaeffer CHAIRMAN, CEO, AND PRESIDENT, Director | May 4, 2026 | Gift | +1,000,000 | – | – | 1,258,990 |
| Dave Schaeffer CHAIRMAN, CEO, AND PRESIDENT, Director | May 4, 2026 | Award | +1,000,000 | – | – | 1,609,143 |
| Dave Schaeffer CHAIRMAN, CEO, AND PRESIDENT, Director | May 4, 2026 | Gift | −1,000,000 | – | – | 609,143 |
| Dave Schaeffer CHAIRMAN, CEO, AND PRESIDENT, Director | Apr 1, 2026 | Gift | +29,333 | – | – | 258,990 |
| Dave Schaeffer CHAIRMAN, CEO, AND PRESIDENT, Director | Apr 1, 2026 | Gift | −29,333 | – | – | 609,143 |
| Dave Schaeffer CHAIRMAN, CEO, AND PRESIDENT, Director | Apr 1, 2026 | Returned to company | −58,667 | – | – | 638,476 |
| Marc Montagner Director | Mar 31, 2026 | Award | +3,445 | – | – | 96,397 |
| Sheryl Lynn Kennedy Director | Mar 31, 2026 | Award | +3,445 | – | – | 13,545 |
| Deneen C. Howell Director | Mar 31, 2026 | Award | +3,445 | – | – | 28,885 |
| Lewis H. FERGUSON Director | Mar 31, 2026 | Award | +3,445 | – | – | 23,894 |
| Steven D. Brooks Director | Mar 31, 2026 | Award | +3,445 | – | – | 55,248 |
| Eve N. Howard Director | Mar 31, 2026 | Award | +3,445 | – | – | 23,861 |
| Sa Paul de Director | Mar 31, 2026 | Award | +3,445 | – | – | 30,347 |
| Henry W. Kilmer VP OF NETWORK STRATEGY | Mar 6, 2026 | Sale | −2,400 | $23.35 | $56.04K | 41,000 |
| Lewis H. FERGUSON Director | Mar 5, 2026 | Sale | −2,206 | $23.03 | $50.80K | 20,449 |
| Sheryl Lynn Kennedy Director | Mar 5, 2026 | Sale | −3,300 | $22.99 | $75.87K | 10,100 |
| Thaddeus Gerard Weed VICE PRESIDENT, CFO | Mar 5, 2026 | Sale | −4,850 | $22.63 | $109.76K | 202,750 |
| Thaddeus Gerard Weed VICE PRESIDENT, CFO | Dec 31, 2025 | Award | +100,000 | – | – | 207,600 |
| Thaddeus Gerard Weed VICE PRESIDENT, CFO | Dec 31, 2025 | Award | +19,400 | – | – | 107,600 |
| Eve N. Howard Director | Dec 31, 2025 | Award | +3,388 | – | – | 20,416 |
| Sheryl Lynn Kennedy Director | Dec 31, 2025 | Award | +3,388 | – | – | 13,400 |
| Deneen C. Howell Director | Dec 31, 2025 | Award | +3,388 | – | – | 25,440 |
| Marc Montagner Director | Dec 31, 2025 | Award | +3,388 | – | – | 92,952 |
| Henry W. Kilmer VP OF NETWORK STRATEGY | Dec 31, 2025 | Award | +9,600 | – | – | 43,400 |
| Dave Schaeffer CHAIRMAN, CEO, AND PRESIDENT, Director | Dec 31, 2025 | Award | +229,657 | – | – | 926,800 |
| Dave Schaeffer CHAIRMAN, CEO, AND PRESIDENT, Director | Dec 31, 2025 | Gift | −229,657 | – | – | 697,143 |
| Dave Schaeffer CHAIRMAN, CEO, AND PRESIDENT, Director | Dec 31, 2025 | Gift | +229,657 | – | – | 229,657 |
| Lewis H. FERGUSON Director | Dec 31, 2025 | Award | +3,388 | – | – | 22,655 |
| Steven D. Brooks Director | Dec 31, 2025 | Award | +3,388 | – | – | 51,803 |
| Mark Andrew Harris VP & Chief Revenue Officer | Dec 31, 2025 | Award | +100,000 | – | – | 110,168 |
| Mark Andrew Harris VP & Chief Revenue Officer | Dec 31, 2025 | Award | +5,000 | – | – | 10,168 |
| Sa Paul de Director | Dec 31, 2025 | Award | +3,388 | – | – | 26,902 |
| John B. Chang VP & CHIEF LEGAL OFFICER | Dec 31, 2025 | Award | +9,600 | – | – | 88,847 |
| John B. Chang VP & CHIEF LEGAL OFFICER | Dec 31, 2025 | Award | +100,000 | – | – | 188,847 |
| Thaddeus Gerard Weed VICE PRESIDENT, CFO | Dec 11, 2025 | Sale | −7,300 | $23.99 | $175.13K | 88,200 |
| Henry W. Kilmer VP OF NETWORK STRATEGY | Dec 8, 2025 | Sale | −4,800 | $19.79 | $94.99K | 33,800 |
| Lewis H. FERGUSON Director | Dec 2, 2025 | Sale | −4,000 | $20.34 | $81.36K | 19,267 |
| Thaddeus Gerard Weed VICE PRESIDENT, CFO | Dec 1, 2025 | Award | +2,400 | – | – | 95,500 |
| John B. Chang VP & CHIEF LEGAL OFFICER | Dec 1, 2025 | Award | +2,400 | – | – | 79,247 |
| Henry W. Kilmer VP OF NETWORK STRATEGY | Dec 1, 2025 | Sale | +2,400 | – | – | 38,600 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Weed Thaddeus Officer | Sep 2, 2026 | 4,850 | $45.44K | Sep 2, 2026 | Restricted Stock |
| Weed Thaddeus Officer | Jun 16, 2026 | 4,850 | $81.43K | Jun 16, 2026 | Restricted Stock |
| Henry W. Kilmer Officer | Jun 9, 2026 | 2,400 | $42.13K | Jun 9, 2026 | RSU Vesting |
| H. FERGUSON Lewis Director | May 28, 2026 | 2,800 | $57.01K | May 28, 2026 | Director Compensation |
| Lynn Kennedy Sheryl Director | May 18, 2026 | 3,300 | $53.37K | May 14, 2026 | Director Compensation |
| Henry W. Kilmer Officer | Mar 5, 2026 | 2,400 | $55.20K | Mar 5, 2026 | RSU Vesting |
| Weed Thaddeus Officer | Mar 5, 2026 | 4,850 | $109.76K | Mar 5, 2026 | Restricted Stock |
| Lynn Kennedy Sheryl Director | Mar 5, 2026 | 3,300 | $75.60K | Mar 5, 2026 | Director Compensation |
| H. FERGUSON Lewis Director | Mar 5, 2026 | 2,206 | $50.80K | Mar 5, 2026 | Director Compensation |
| Weed Thaddeus Officer | Dec 11, 2025 | 7,300 | $175.13K | Dec 11, 2025 | Performance Shares |
| Henry W. Kilmer Officer | Dec 3, 2025 | 4,800 | $95.95K | Dec 3, 2025 | Restricted Stock plan |
| H. FERGUSON Lewis Director | Dec 1, 2025 | 4,000 | $78.00K | Dec 1, 2025 | Director Compensation |
| Lynn Kennedy Sheryl Director | Nov 12, 2025 | 2,400 | $51.00K | Nov 11, 2025 | Director Compensation |
| Henry W. Kilmer Officer | Sep 4, 2025 | 2,400 | $88.08K | Sep 4, 2025 | Restricted Stock Award Vesting |
| Weed Thaddeus Officer | Sep 2, 2025 | 4,900 | $181.20K | Sep 2, 2025 | Restricted Stock |