Tucows Inc. (NASDAQ:TCX) CEO Sells $57,720.00 in Stock

Tucows Inc. (NASDAQ:TCX) (TSE:TC) CEO Elliot Noss sold 3,000 shares of the company’s stock in a transaction on Friday, October 11th. The shares were sold at an average price of $19.24, for a total value of $57,720.00. Following the transaction, the chief executive officer now directly owns 488,758 shares in the company, valued at $9,403,703.92. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Elliot Noss also recently made the following trade(s):

• On Wednesday, October 9th, Elliot Noss sold 1,000 shares of Tucows stock. The shares were sold at an average price of $19.34, for a total value of $19,340.00.
• On Monday, October 7th, Elliot Noss sold 100 shares of Tucows stock. The stock was sold at an average price of $19.82, for a total transaction of $1,982.00.
• On Friday, October 4th, Elliot Noss sold 1,600 shares of Tucows stock. The shares were sold at an average price of $19.91, for a total transaction of $31,856.00.
• On Wednesday, October 2nd, Elliot Noss sold 1,700 shares of Tucows stock. The shares were sold at an average price of $19.99, for a total transaction of $33,983.00.
• On Friday, September 27th, Elliot Noss sold 1,500 shares of Tucows stock. The stock was sold at an average price of $21.27, for a total transaction of $31,905.00.
• On Wednesday, September 25th, Elliot Noss sold 1,000 shares of Tucows stock. The shares were sold at an average price of $20.33, for a total value of $20,330.00.
• On Monday, September 23rd, Elliot Noss sold 400 shares of Tucows stock. The stock was sold at an average price of $21.43, for a total value of $8,572.00.
• On Thursday, September 19th, Elliot Noss sold 5,700 shares of Tucows stock. The shares were sold at an average price of $22.03, for a total value of $125,571.00.

Tucows Trading Up 4.1 %

TCX stock opened at $19.57 on Monday. The firm has a market cap of $214.31 million, a PE ratio of -2.06 and a beta of 0.84. Tucows Inc. has a 1 year low of $15.65 and a 1 year high of $28.66. The company has a fifty day simple moving average of $21.36 and a 200 day simple moving average of $20.41.

Tucows (NASDAQ:TCX) (TSE:TC) last announced its quarterly earnings results on Thursday, August 8th. The information services provider reported ($1.70) earnings per share for the quarter. Tucows had a negative return on equity of 490.14% and a negative net margin of 26.01%. The company had revenue of $89.42 million during the quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Tucows from a “sell” rating to a “hold” rating in a research note on Monday, August 12th.

Hedge Funds Weigh In On Tucows

A number of institutional investors have recently modified their holdings of TCX. BNP Paribas Financial Markets grew its stake in Tucows by 81.5% in the 1st quarter. BNP Paribas Financial Markets now owns 5,281 shares of the information services provider’s stock valued at $98,000 after buying an additional 2,371 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Tucows by 0.6% during the first quarter. Vanguard Group Inc. now owns 698,465 shares of the information services provider’s stock valued at $12,964,000 after acquiring an additional 4,234 shares during the period. Finally, Investmentaktiengesellschaft Fuer Langfristige Investoren TGV grew its position in shares of Tucows by 1.0% in the fourth quarter. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV now owns 1,989,594 shares of the information services provider’s stock valued at $53,719,000 after purchasing an additional 20,000 shares during the last quarter. Institutional investors own 73.64% of the company’s stock.

Tucows Company Profile

Tucows Inc provides network access, domain name registration, email, mobile telephony, and other Internet services in North America and Europe. It operates in three segments: Ting, Wavelo and Tucows Domains. The Ting segment provides fiber and fixed wireless internet services. The Wavelo segment offers individual developer tools, subscription, billing management, network orchestration, and provisioning services.