Elliot Noss Sells 2,500 Shares of Tucows Inc. (NASDAQ:TCX) Stock

Tucows Inc. (NASDAQ:TCX) (TSE:TC) CEO Elliot Noss sold 2,500 shares of the stock in a transaction that occurred on Tuesday, July 8th. The shares were sold at an average price of $20.81, for a total transaction of $52,025.00. Following the completion of the sale, the chief executive officer directly owned 446,998 shares of the company’s stock, valued at approximately $9,302,028.38. This trade represents a 0.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Friday, July 11th, Elliot Noss sold 700 shares of Tucows stock. The shares were sold at an average price of $22.86, for a total transaction of $16,002.00.
• On Thursday, July 10th, Elliot Noss sold 2,000 shares of Tucows stock. The shares were sold at an average price of $21.87, for a total transaction of $43,740.00.
• On Wednesday, July 9th, Elliot Noss sold 500 shares of Tucows stock. The shares were sold at an average price of $21.21, for a total transaction of $10,605.00.
• On Monday, July 7th, Elliot Noss sold 2,600 shares of Tucows stock. The stock was sold at an average price of $20.51, for a total transaction of $53,326.00.
• On Wednesday, July 2nd, Elliot Noss sold 3,200 shares of Tucows stock. The stock was sold at an average price of $20.44, for a total transaction of $65,408.00.
• On Friday, May 9th, Elliot Noss sold 100 shares of Tucows stock. The stock was sold at an average price of $17.69, for a total transaction of $1,769.00.
• On Wednesday, May 7th, Elliot Noss sold 700 shares of Tucows stock. The stock was sold at an average price of $16.39, for a total transaction of $11,473.00.
• On Monday, May 5th, Elliot Noss sold 800 shares of Tucows stock. The stock was sold at an average price of $16.21, for a total transaction of $12,968.00.
• On Thursday, April 24th, Elliot Noss sold 500 shares of Tucows stock. The stock was sold at an average price of $17.06, for a total transaction of $8,530.00.
• On Tuesday, April 22nd, Elliot Noss sold 500 shares of Tucows stock. The stock was sold at an average price of $16.37, for a total transaction of $8,185.00.

Tucows Stock Up 1.2%

Tucows stock opened at $22.75 on Friday. The firm has a market cap of $251.62 million, a PE ratio of -2.47 and a beta of 0.83. Tucows Inc. has a 52-week low of $13.27 and a 52-week high of $26.48. The company’s 50 day moving average is $19.38 and its two-hundred day moving average is $17.79.

Tucows (NASDAQ:TCX) (TSE:TC) last released its earnings results on Thursday, May 8th. The information services provider reported ($1.37) earnings per share (EPS) for the quarter. The business had revenue of $94.61 million for the quarter.

Institutional Investors Weigh In On Tucows

Hedge funds have recently added to or reduced their stakes in the business. Wells Fargo & Company MN lifted its holdings in Tucows by 25.9% during the 4th quarter. Wells Fargo & Company MN now owns 4,213 shares of the information services provider’s stock worth $72,000 after buying an additional 867 shares in the last quarter. MetLife Investment Management LLC acquired a new stake in shares of Tucows in the 1st quarter valued at $80,000. Bank of America Corp DE raised its holdings in shares of Tucows by 34.2% in the 4th quarter. Bank of America Corp DE now owns 9,604 shares of the information services provider’s stock valued at $165,000 after purchasing an additional 2,448 shares in the last quarter. Rhumbline Advisers raised its holdings in shares of Tucows by 5.0% in the 1st quarter. Rhumbline Advisers now owns 11,840 shares of the information services provider’s stock valued at $200,000 after purchasing an additional 563 shares in the last quarter. Finally, Barclays PLC raised its holdings in shares of Tucows by 10.9% in the 4th quarter. Barclays PLC now owns 12,625 shares of the information services provider’s stock valued at $216,000 after purchasing an additional 1,240 shares in the last quarter. 73.64% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Tucows from a “sell” rating to a “hold” rating in a report on Tuesday, March 18th.

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.