Today, the EVP & CTO of CyrusOne (CONE), Kevin Timmons, sold shares of CONE for $1M.
In addition to Kevin Timmons, 4 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 $5.47B and the company has a P/E ratio of 508.64. Currently, CyrusOne has an average volume of 1.14M.
Based on 8 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $59.71, reflecting a 19.3% upside.
In the last 30 days, insiders have sold $1M worth of CONE shares and purchased $359.9K worth of CONE shares. The insider sentiment on CyrusOne has been positive according to 66 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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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.
