Insider Selling: Tucows Inc. (NASDAQ:TCX) CEO Sells $43,740.00 in Stock

Tucows Inc. (NASDAQ:TCXGet Free Report) (TSE:TC) CEO Elliot Noss sold 2,000 shares of the company’s stock in a transaction dated Thursday, July 10th. The shares were sold at an average price of $21.87, for a total transaction of $43,740.00. Following the sale, the chief executive officer directly owned 444,498 shares in the company, valued at approximately $9,721,171.26. This trade represents a 0.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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 Wednesday, July 9th, Elliot Noss sold 500 shares of Tucows stock. The stock was sold at an average price of $21.21, for a total transaction of $10,605.00.
  • On Tuesday, July 8th, Elliot Noss sold 2,500 shares of Tucows stock. The shares were sold at an average price of $20.81, for a total transaction of $52,025.00.
  • 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 value 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 value of $65,408.00.
  • On Friday, May 9th, Elliot Noss sold 100 shares of Tucows stock. The shares were sold at an average price of $17.69, for a total value of $1,769.00.
  • On Wednesday, May 7th, Elliot Noss sold 700 shares of Tucows stock. The shares were sold at an average price of $16.39, for a total value of $11,473.00.
  • On Monday, May 5th, Elliot Noss sold 800 shares of Tucows stock. The shares were sold at an average price of $16.21, for a total value of $12,968.00.
  • On Thursday, April 24th, Elliot Noss sold 500 shares of Tucows stock. The shares were sold at an average price of $17.06, for a total value of $8,530.00.
  • On Tuesday, April 22nd, Elliot Noss sold 500 shares of Tucows stock. The shares were sold at an average price of $16.37, for a total value of $8,185.00.

Tucows Price Performance

TCX opened at $22.75 on Monday. The company has a fifty day moving average price of $19.38 and a 200-day moving average price of $17.81. The firm has a market capitalization of $251.62 million, a P/E ratio of -2.47 and a beta of 0.83. Tucows Inc. has a one year low of $13.27 and a one year high of $26.48.

Tucows (NASDAQ:TCXGet Free Report) (TSE:TC) last released its quarterly earnings results on Thursday, May 8th. The information services provider reported ($1.37) EPS for the quarter. The firm had revenue of $94.61 million for the quarter.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Goldman Sachs Group Inc. grew its position in Tucows by 89.6% in the first quarter. Goldman Sachs Group Inc. now owns 37,119 shares of the information services provider’s stock worth $627,000 after acquiring an additional 17,539 shares in the last quarter. Rhumbline Advisers grew its position in Tucows by 5.0% in the first quarter. Rhumbline Advisers now owns 11,840 shares of the information services provider’s stock worth $200,000 after acquiring an additional 563 shares in the last quarter. MetLife Investment Management LLC purchased a new position in Tucows in the first quarter worth $80,000. Nuveen LLC purchased a new position in Tucows in the first quarter worth $432,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in Tucows in the first quarter worth $510,000. 73.64% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Get Our Latest Stock Analysis on TCX

About Tucows

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Tucows (NASDAQ:TCX)

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