Thaddeus Gerard  Weed net worth and biography

Thaddeus Weed Biography and Net Worth

Thaddeus “Tad” Weed joined Cogent in 2000 and served as Vice President and Controller. In May 2004 he became our Chief Financial Officer and Treasurer until May 2020 when he assumed the new role of Senior Vice President of Audit & Operations. Under this position he implemented numerous process improvements and achieved substantial cost savings for Cogent. In May 2022, he reassumed his position as Cogent’s Chief Financial Officer and Treasurer. From 1997 to 1999, Mr. Weed served as Senior Vice President of Finance and Treasurer at Transaction Network Services, where he undertook a broad range of financial management responsibilities. From 1987 to 1997, Mr. Weed was employed at Arthur Andersen LLP where he served as Senior Audit Manager.

What is Thaddeus Gerard Weed's net worth?

The estimated net worth of Thaddeus Gerard Weed is at least $4.89 million as of June 10th, 2024. Mr. Weed owns 93,300 shares of Cogent Communications stock worth more than $4,892,652 as of June 24th. This net worth approximation does not reflect any other investments that Mr. Weed may own. Additionally, Mr. Weed receives an annual salary of $411,780.00 as CFO at Cogent Communications. Learn More about Thaddeus Gerard Weed's net worth.

How old is Thaddeus Gerard Weed?

Mr. Weed is currently 63 years old. There are 6 older executives and no younger executives at Cogent Communications. The oldest executive at Cogent Communications is Mr. David Schaeffer Ph.D., Founder, Chairman, CEO & President, who is 68 years old. Learn More on Thaddeus Gerard Weed's age.

What is Thaddeus Gerard Weed's salary?

As the CFO of Cogent Communications Holdings, Inc., Mr. Weed earns $411,780.00 per year. There are 2 executives that earn more than Mr. Weed. The highest earning executive at Cogent Communications is Mr. David Schaeffer Ph.D., Founder, Chairman, CEO & President, who commands a salary of $509,920.00 per year. Learn More on Thaddeus Gerard Weed's salary.

How do I contact Thaddeus Gerard Weed?

The corporate mailing address for Mr. Weed 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 Thaddeus Gerard Weed's contact information.

Has Thaddeus Gerard Weed been buying or selling shares of Cogent Communications?

Within the last three months, Thaddeus Gerard Weed has sold $126,240.00 in shares of Cogent Communications stock. Most recently, Thaddeus Gerard Weed sold 2,400 shares of the business's stock in a transaction on Monday, June 10th. The shares were sold at an average price of $52.60, for a transaction totalling $126,240.00. Following the completion of the sale, the chief financial officer now directly owns 93,300 shares of the company's stock, valued at $4,907,580. Learn More on Thaddeus Gerard Weed'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, Cogent Communications insiders bought shares 1 times. They purchased a total of 10,000 shares worth more than $526,100.00. During the last year, insiders at the technology company sold shares 35 times. They sold a total of 406,864 shares worth more than $25,239,269.13. The most recent insider tranaction occured on June, 14th when CEO Dave Schaeffer sold 60,000 shares worth more than $3,106,800.00. Insiders at Cogent Communications own 11.4% of the company. Learn More about insider trades at Cogent Communications.

Information on this page was last updated on 6/14/2024.

Thaddeus Gerard Weed Insider Trading History at Cogent Communications

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
6/10/2024Sell2,400$52.60$126,240.0093,300View SEC Filing Icon  
12/4/2023Sell9,700$65.84$638,648.0048,700View SEC Filing Icon  
9/5/2023Sell4,850$69.43$336,735.5053,550View SEC Filing Icon  
6/5/2023Sell4,850$62.28$302,058.0058,400View SEC Filing Icon  
5/9/2023Sell10,000$64.96$649,600.0063,250View SEC Filing Icon  
3/3/2023Sell4,850$64.30$311,855.0073,250View SEC Filing Icon  
12/2/2022Sell9,700$56.51$548,147.0048,700View SEC Filing Icon  
9/9/2022Sell4,850$52.35$253,897.5053,550View SEC Filing Icon  
6/2/2022Sell4,850$60.49$293,376.5058,400View SEC Filing Icon  
12/3/2019Sell5,000$61.74$308,700.0062,550View SEC Filing Icon  
9/5/2019Sell5,000$60.00$300,000.0067,550View SEC Filing Icon  
6/13/2019Sell1,400$60.84$85,176.0072,550View SEC Filing Icon  
6/5/2019Sell5,000$58.50$292,500.0073,950View SEC Filing Icon  
5/6/2019Sell1,500$57.11$85,665.0078,950View SEC Filing Icon  
3/12/2019Sell5,000$50.00$250,000.0061,050View SEC Filing Icon  
12/14/2018Sell3,000$46.89$140,670.0066,050View SEC Filing Icon  
9/5/2018Sell4,500$53.55$240,975.0069,050View SEC Filing Icon  
6/4/2018Sell4,500$51.12$230,040.0073,550View SEC Filing Icon  
5/9/2018Sell3,000$49.32$147,960.00View SEC Filing Icon  
3/12/2018Sell6,000$45.17$271,020.0081,050View SEC Filing Icon  
12/7/2017Sell2,000$45.81$91,620.0067,650View SEC Filing Icon  
9/1/2017Sell3,000$47.03$141,090.0069,650View SEC Filing Icon  
8/7/2017Sell2,250$43.51$97,897.5072,650View SEC Filing Icon  
6/15/2017Sell2,250$40.76$91,710.0074,900View SEC Filing Icon  
6/2/2017Sell2,250$41.20$92,700.0077,150View SEC Filing Icon  
3/15/2017Sell2,250$41.17$92,632.50View SEC Filing Icon  
1/4/2017Sell5,000$42.50$212,500.00View SEC Filing Icon  
1/3/2017Sell20,000$41.52$830,400.00View SEC Filing Icon  
12/13/2016Sell2,000$40.68$81,360.00View SEC Filing Icon  
12/7/2016Sell5,000$37.91$189,550.00View SEC Filing Icon  
6/3/2016Sell5,000$40.07$200,350.0094,250View SEC Filing Icon  
5/9/2016Sell4,250$39.14$166,345.0099,250View SEC Filing Icon  
2/29/2016Sell5,250$36.87$193,567.50View SEC Filing Icon  
11/9/2015Sell10,000$34.61$346,100.0084,500View SEC Filing Icon  
3/16/2015Sell4,250$35.26$149,855.00View SEC Filing Icon  
9/9/2014Sell5,250$34.07$178,867.50View SEC Filing Icon  
6/12/2014Sell7,500$35.34$265,050.00View SEC Filing Icon  
5/9/2013Sell11,250$28.85$324,562.50View SEC Filing Icon  
3/14/2013Sell5,000$25.71$128,550.00View SEC Filing Icon  
See Full Table

Thaddeus Gerard Weed Buying and Selling Activity at Cogent Communications

This chart shows Thaddeus Gerard Weed'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: $52.44
Low: $51.61
High: $52.50

50 Day Range

MA: $59.31
Low: $51.71
High: $65.99

2 Week Range

Now: $52.44
Low: $50.80
High: $86.00

Volume

248,158 shs

Average Volume

447,455 shs

Market Capitalization

$2.57 billion

P/E Ratio

2.08

Dividend Yield

7.45%

Beta

0.41