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….
