Tucows Inc. (NASDAQ:TCX) CEO Sells $15,560.00 in Stock

Tucows Inc. (NASDAQ:TCX) (TSE:TC) CEO Elliot Noss sold 1,000 shares of the company’s stock in a transaction dated Friday, April 11th. The stock was sold at an average price of $15.56, for a total value of $15,560.00. Following the sale, the chief executive officer now owns 466,198 shares of the company’s stock, valued at $7,254,040.88. This represents a 0.21 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Monday, April 14th, Elliot Noss sold 1,000 shares of Tucows stock. The shares were sold at an average price of $16.24, for a total transaction of $16,240.00.
• On Wednesday, April 9th, Elliot Noss sold 300 shares of Tucows stock. The shares were sold at an average price of $15.02, for a total transaction of $4,506.00.
• On Monday, April 7th, Elliot Noss sold 500 shares of Tucows stock. The shares were sold at an average price of $15.44, for a total value of $7,720.00.
• On Friday, April 4th, Elliot Noss sold 1,000 shares of Tucows stock. The stock was sold at an average price of $16.23, for a total value of $16,230.00.
• On Wednesday, April 2nd, Elliot Noss sold 200 shares of Tucows stock. The stock was sold at an average price of $16.98, for a total transaction of $3,396.00.
• On Friday, February 14th, Elliot Noss sold 7,760 shares of Tucows stock. The shares were sold at an average price of $17.25, for a total transaction of $133,860.00.
• On Thursday, February 6th, Elliot Noss sold 500 shares of Tucows stock. The stock was sold at an average price of $15.76, for a total transaction of $7,880.00.
• On Tuesday, February 4th, Elliot Noss sold 500 shares of Tucows stock. The shares were sold at an average price of $15.66, for a total value of $7,830.00.
• On Monday, January 27th, Elliot Noss sold 100 shares of Tucows stock. The stock was sold at an average price of $17.12, for a total value of $1,712.00.
• On Friday, January 24th, Elliot Noss sold 2,000 shares of Tucows stock. The stock was sold at an average price of $16.91, for a total value of $33,820.00.

Tucows Stock Up 4.5 %

Shares of TCX stock opened at $16.47 on Friday. The business has a 50 day moving average of $17.54 and a two-hundred day moving average of $17.40. The company has a market cap of $181.85 million, a P/E ratio of -1.61 and a beta of 0.81. Tucows Inc. has a 52 week low of $13.27 and a 52 week high of $26.48.

Tucows (NASDAQ:TCX) (TSE:TC) last posted its earnings results on Thursday, February 13th. The information services provider reported ($1.43) earnings per share (EPS) for the quarter. The business had revenue of $93.10 million for the quarter.

Hedge Funds Weigh In On Tucows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TCX. R Squared Ltd acquired a new position in Tucows during the 4th quarter worth $32,000. Wells Fargo & Company MN raised its stake in shares of Tucows by 25.9% during the fourth quarter. Wells Fargo & Company MN now owns 4,213 shares of the information services provider’s stock valued at $72,000 after purchasing an additional 867 shares in the last quarter. Bank of America Corp DE lifted its holdings in Tucows by 34.2% in the fourth quarter. Bank of America Corp DE now owns 9,604 shares of the information services provider’s stock worth $165,000 after purchasing an additional 2,448 shares during the period. Barclays PLC grew its position in Tucows by 307.6% in the 3rd quarter. Barclays PLC now owns 11,385 shares of the information services provider’s stock valued at $238,000 after buying an additional 8,592 shares in the last quarter. Finally, Jane Street Group LLC increased its stake in Tucows by 7.6% during the 3rd quarter. Jane Street Group LLC now owns 13,646 shares of the information services provider’s stock valued at $285,000 after buying an additional 966 shares during the period. 73.64% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Tucows from a “sell” rating to a “hold” rating in a research 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.