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Cogent Communications VP of Network Strategy Reports Stock Acquisition By Investing.com

Cogent Communications VP of Network Strategy Reports Stock Acquisition By Investing.com

Henry Kilmer, Vice President of Network Strategy at Cogent Communications (NASDAQ:) Holdings, Inc. (NASDAQ:CCOI), reported an acquisition of 2,400 shares of common stock on December 1, 2024. These shares were acquired as a result of the vesting of restricted stock units granted based on the company’s performance goals. Following this transaction, Kilmer holds a total of 38,600 shares directly. The transaction was processed at a price of $0 per share, reflecting the nature of the restricted stock unit vesting.According to InvestingPro data, Cogent’s stock has shown remarkable strength with a 45% gain over the past six months. The company maintains a consistent 5% dividend yield and has raised its dividend for 13 consecutive years….

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