Company Overview - Cogent Communications Holdings is a global provider of internet access and network services, operating 54 data centers and connecting thousands of commercial buildings [6] - The company focuses on recurring service revenue and has a broad geographic reach, which underpins its competitive position in the telecommunications sector [6] - Revenue for the trailing twelve months (TTM) is $987.53 million, with a net income of -$194.71 million, and a dividend yield of 12.6% [4] Recent Developments - Taylor Frigon Capital Management fully exited its position in Cogent Communications Holdings in the fourth quarter, selling 73,271 shares valued at approximately $2.81 million [1][2] - As of January 23, shares of Cogent were priced at $24.29, reflecting a significant decline of 65.4% over the prior year, underperforming the S&P 500's gain of roughly 14% during the same period [3] Financial Performance - Cogent's latest results indicated some progress, with wavelength revenue increasing sharply year over year and EBITDA growing, leading to margins expanding to just over 20% in the third quarter [11] - However, core service revenue experienced a sequential decline, operating cash flow remained thin, and the stock continued to slide, indicating investor skepticism about the company's ability to generate durable free cash flow [11] Market Position and Strategy - Cogent operates a network-centric business model, generating income through recurring service contracts and colocation fees for bandwidth-intensive organizations [9] - The company serves small and medium-sized businesses, communications service providers, and enterprises that require reliable, high-capacity data connectivity [9] - The exit by Taylor Frigon Capital Management reflects a growing mismatch between the demands of Cogent's business and the portfolio's design, highlighting the challenges faced by capital-heavy network operators [10][12]

Core Viewpoint - Glancy Prongay & Murray LLP is investigating potential claims against the board of directors of Cogent Communications Holdings, Inc. regarding possible breaches of fiduciary duties to shareholders [1][2]. Group 1: Investigation Details - The investigation is prompted by an incident in August 2025, where JPMorgan and RBC Capital seized $82 million in Cogent shares pledged by CEO Dave Schaeffer as collateral for loans [2]. - The focus of the investigation is to determine if the board of directors grossly mismanaged the company in relation to the alleged misconduct [2]. Group 2: Shareholder Participation - Shareholders of Cogent Communications Holdings, Inc. who purchased shares before August 2025 are encouraged to participate in the investigation and discuss their rights or interests [3]. Group 3: Whistleblower Information - Individuals with non-public information regarding Cogent are advised to consider aiding the investigation or utilizing the SEC Whistleblower Program, which offers rewards up to 30% of any successful recovery made by the SEC [5].

NEW YORK, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Cogent Communications Holdings, Inc. (“Cogent” or the “Company”) (NASDAQ: CCOI).   Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.    The investigation concerns whether Cogent and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class a ...

Core Viewpoint - The Law Offices of Howard G. Smith is investigating potential claims against the board of directors of Cogent Communications Holdings, Inc. regarding possible breaches of fiduciary duties to shareholders [1][3]. Group 1: Investigation Details - The investigation focuses on whether the board of directors of Cogent mismanaged the company and breached its fiduciary duties in connection with the seizure of $82 million in shares pledged by CEO Dave Schaeffer as collateral for loans [3]. Group 2: Shareholder Participation - Shareholders of Cogent Communications Holdings, Inc. who purchased shares before August 2025 are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights and potential participation in the investigation [2][4].

Group 1 - The Law Offices of Frank R. Cruz has announced an investigation into Cogent Communications Holdings, Inc. (CCOI) on behalf of investors [1]

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Cogent Communications Holdings, Inc. and its officers or directors [1] Financial Performance - On November 6, 2025, Cogent reported a year-over-year service revenue decline of nearly 6% for the third quarter of 2025 [3] - The company announced a drastic dividend cut of 98%, reducing it from $1.015 per share to $0.02 per share [3] - Following the announcement, Cogent's stock price dropped by $13.35 per share, or 34.86%, closing at $24.95 per share on the same day [3]

Company Overview - Cogent Communications is a global provider of internet connectivity and network services, focusing on scalable, high-capacity infrastructure and a recurring revenue model [6][11] - The company reported a total revenue of $968.34 million and a net income of -$194.71 million for the trailing twelve months (TTM) [4] - The stock has experienced a significant decline, with a 1-year price change of -72.21% as of December 31, 2025 [4] Recent Transaction - Henry W. Kilmer, Vice President of Network Strategy, sold 4,800 shares for a total of $94,992 on December 8, 2025, at a price of $19.79 per share [1][2] - Post-transaction, Kilmer holds 33,800 shares valued at approximately $716,222 [2] - This sale accounted for 12.44% of Kilmer's direct holdings, which is more than double his recent median percentage per sale [6] Stock Performance Context - The transaction occurred after a significant price depreciation, with Cogent shares down 65.98% year over year as of the sale date [6] - The market close price on the sale date was $21.19, indicating intraday volatility as it was higher than the reported sale price [6] - The stock has plummeted approximately 70% from its 52-week high of $84.06, driven by operational struggles following the company's acquisition of Sprint assets [10][11] Strategic Challenges - Cogent is currently facing challenges due to unprofitable customer agreements inherited from the Sprint acquisition, leading to reported losses in its most recent quarter [11] - The company has paused its stock buyback program and reduced its dividend to $0.02 per share [11] - Despite potential demand for AI-related high-capacity data center connections, the turnaround has been slower than anticipated [11]

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Cogent Communications Holdings, Inc. and its officers or directors [1] Financial Performance - On November 6, 2025, Cogent reported a year-over-year service revenue decline of nearly 6% for the third quarter of 2025 [3] - The company announced a drastic dividend cut of 98%, reducing it from $1.015 per share in the previous quarter to $0.02 per share [3] - Following the announcement, Cogent's stock price dropped by $13.35 per share, or 34.86%, closing at $24.95 per share on the same day [3]

Core Viewpoint - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Cogent Communications Holdings, Inc., focusing on whether the company and its executives made false or misleading statements or failed to disclose material information to investors [1]. Company Overview - Cogent Communications provides high-speed internet access, private network, and data center colocation space services [3]. Financial Performance - On November 6, 2025, Cogent Communications reported a nearly 6% year-over-year decrease in service revenue for the third quarter of 2025 [3]. - The company announced a significant dividend cut of 98%, reducing it from $1.015 per share in the prior quarter to $0.02 per share [3]. - Following the financial results announcement, Cogent Communications' share price fell nearly 35% [3].

Core Viewpoint - Cogent Communications Holdings Inc. (NASDAQ:CCOI) is viewed as a promising telecom stock, with KeyBanc maintaining an Overweight rating and a $30 price target despite a challenging 2025, indicating optimism for 2026 [1][2]. Financial Performance - In Q3 2025, Cogent reported a net loss of $41.5 million, an improvement from a loss of $63.1 million in the same period the previous year, attributed to lower operating expenses [2]. - The company was among KeyBanc's worst performers in 2025, but there is potential for it to become a top performer in 2026 with minimal positive developments [2]. Growth Drivers - KeyBanc identified three potential growth drivers for Cogent in the upcoming year: 1. Data center monetization to support restructuring 2. Forced billing on Wavelengths to facilitate expansion 3. Early signs of growth in the company's core business [3]. - Cogent specializes in high-speed internet access and private network services, targeting bandwidth-intensive businesses and communication service providers [3].