Today, the EVP & CTO of CyrusOne (CONE), Kevin Timmons, sold shares of CONE for $523.9K.
In addition to Kevin Timmons, 5 other CONE executives reported Sell trades in the last month.
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Based on CyrusOne’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $221 million and GAAP net loss of $106 million. In comparison, last year the company earned revenue of $181 million and had a net profit of $2.6 million. CONE’s market cap is $5.42B and the company has a P/E ratio of 506.50. Currently, CyrusOne has an average volume of 1.92M.
Based on 8 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $59.71, reflecting a 19.8% upside.
In the last 30 days, insiders have sold $1.53M worth of CONE shares and purchased $410K worth of CONE shares. The insider sentiment on CyrusOne has been positive according to 60 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Kevin Timmons’ trades have generated a -14.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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CyrusOne, Inc. engages in the ownership, operation, and development of enterprise-class, carrier-neutral, multi-tenant data center properties. It provides mission-critical data center facilities that protect and ensure the continued operation of information technology infrastructure for different customers.
