Dave  Schaeffer net worth and biography

Dave Schaeffer Biography and Net Worth

Dave Schaeffer founded Cogent Communications in August 1999 and is the Chief Executive Officer. Under Mr. Schaeffer's leadership, Cogent has become one of the world's largest Internet Providers. Mr. Schaeffer has led the efforts of 13 successful acquisitions, propelling Cogent's originally U.S.-based network into Canada, Europe, Latin America, and Asia-Pacific. Mr. Schaeffer has successfully founded and operated six other businesses prior to Cogent. These businesses span a wide array of industries from communications to commercial real estate. His diverse background and entrepreneurial successes have enabled him to build management teams that constructed and operate the only facilities-based, non-oversubscribed multinational network of its kind. In 2019, Mr. Schaeffer was named Ernst & Young’s Entrepreneur of the Year® in Media, Entertainment and Telecommunications.

What is Dave Schaeffer's net worth?

The estimated net worth of Dave Schaeffer is at least $300.18 million as of March 15th, 2024. Mr. Schaeffer owns 4,653,203 shares of Cogent Communications stock worth more than $300,178,126 as of April 23rd. This net worth approximation does not reflect any other assets that Mr. Schaeffer may own. Learn More about Dave Schaeffer's net worth.

How do I contact Dave Schaeffer?

The corporate mailing address for Mr. Schaeffer and other Cogent Communications executives is 2450 NORTH STREET NW, WASHINGTON DC, 20037. Cogent Communications can also be reached via phone at (202) 295-4200 and via email at [email protected]. Learn More on Dave Schaeffer's contact information.

Has Dave Schaeffer been buying or selling shares of Cogent Communications?

Dave Schaeffer has not been actively trading shares of Cogent Communications over the course of the past ninety days. Most recently, Dave Schaeffer sold 26,174 shares of the business's stock in a transaction on Friday, March 15th. The shares were sold at an average price of $64.21, for a transaction totalling $1,680,632.54. Following the completion of the sale, the chief executive officer now directly owns 4,653,203 shares of the company's stock, valued at $298,782,164.63. Learn More on Dave Schaeffer's trading history.

Who are Cogent Communications' active insiders?

Cogent Communications' insider roster includes Blake Bath (Director), Steven Brooks (Director), James Bubeck (CRO), John Chang (VP), Lewis Ferguson (Director), Mariana Garavaglia (Insider), David Kapp (VP), Sheryl Kennedy (Director), Henry Kilmer (VP), Raymond Kummer (VP), Marc Montagner (Director), Timothy Oneill (VP), Dave Schaeffer (CEO), Sean Wallace (CFO), and Thaddeus Weed (CFO). Learn More on Cogent Communications' active insiders.

Are insiders buying or selling shares of Cogent Communications?

During the last year, insiders at the technology company sold shares 38 times. They sold a total of 303,755 shares worth more than $20,313,160.77. The most recent insider tranaction occured on March, 15th when CEO Dave Schaeffer sold 26,174 shares worth more than $1,680,632.54. Insiders at Cogent Communications own 11.0% of the company. Learn More about insider trades at Cogent Communications.

Information on this page was last updated on 3/15/2024.

Dave Schaeffer Insider Trading History at Cogent Communications

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/15/2024Sell26,174$64.21$1,680,632.544,653,203View SEC Filing Icon  
3/13/2024Sell30,000$67.52$2,025,600.004,679,377View SEC Filing Icon  
3/6/2024Sell8,826$72.55$640,326.304,815,764View SEC Filing Icon  
12/13/2023Sell20,000$69.99$1,399,800.004,740,590View SEC Filing Icon  
11/30/2023Sell3,396$64.31$218,396.764,797,194View SEC Filing Icon  
9/15/2023Sell18,191$65.82$1,197,331.624,840,590View SEC Filing Icon  
9/13/2023Sell16,753$66.70$1,117,425.104,858,781View SEC Filing Icon  
9/11/2023Sell3,309$67.16$222,232.444,903,781View SEC Filing Icon  
9/8/2023Sell41,691$67.72$2,823,314.524,907,090View SEC Filing Icon  
6/8/2023Sell7,061$62.44$440,888.844,948,781View SEC Filing Icon  
5/10/2023Sell35,000$65.38$2,288,300.005,023,781View SEC Filing Icon  
See Full Table

Dave Schaeffer Buying and Selling Activity at Cogent Communications

This chart shows Dave Schaeffer's buying and selling at Cogent Communications by year and by quarter.

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Cogent Communications Company Overview

Cogent Communications logo
Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Oceania, South America, and Africa. The company offers on-net Internet access and private network services to law firms, financial services firms, and advertising and marketing firms, as well as heath care providers, educational institutions and other professional services businesses, other Internet service providers, telephone companies, cable television companies, web hosting companies, media service providers, mobile phone operators, content delivery network companies, and commercial content and application service providers. It also provides Internet access and private network services to customers that are not located in buildings directly connected to its network; and on-net services to customers located in buildings that are physically connected to its network. In addition, the company offers off-net services to corporate customers using other carriers' circuits to provide the last mile portion of the link from the customers' premises to the network. Further, it operates data centers that allow its customers to collocate their equipment and access the network. It serves primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations. Cogent Communications Holdings, Inc. was founded in 1999 and is headquartered in Washington, the District of Columbia.
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Today's Range

Now: $65.25
Low: $64.52
High: $65.59

50 Day Range

MA: $68.58
Low: $61.94
High: $80.91

2 Week Range

Now: $65.25
Low: $57.35
High: $86.00

Volume

135,239 shs

Average Volume

408,453 shs

Market Capitalization

$3.09 billion

P/E Ratio

2.44

Dividend Yield

6.10%

Beta

0.39