Elliot Noss Sells 2,000 Shares of Tucows Inc. (NASDAQ:TCX) Stock

Tucows Inc. (NASDAQ:TCX - Get Free Report) TSE: TC CEO Elliot Noss sold 2,000 shares of the firm's stock in a transaction that occurred on Thursday, July 10th. The stock was sold at an average price of $21.87, for a total transaction of $43,740.00. Following the sale, the chief executive officer owned 444,498 shares of the company's stock, valued at $9,721,171.26. The trade was a 0.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed 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 value 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 value of $10,605.00.
• On Tuesday, July 8th, Elliot Noss sold 2,500 shares of Tucows stock. The stock was sold at an average price of $20.81, for a total value of $52,025.00.
• On Monday, July 7th, Elliot Noss sold 2,600 shares of Tucows stock. The shares were 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 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 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 Stock Up 1.2%

Shares of TCX traded up $0.27 during trading hours on Friday, reaching $22.75. The company's stock had a trading volume of 54,963 shares, compared to its average volume of 36,092. The company has a 50 day moving average of $19.24 and a two-hundred day moving average of $17.74. The firm has a market cap of $251.55 million, a price-to-earnings ratio of -2.47 and a beta of 0.83. Tucows Inc. has a 1-year low of $13.27 and a 1-year high of $26.48.

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

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Tucows from a "sell" rating to a "hold" rating in a research note on Tuesday, March 18th.

Hedge Funds Weigh In On Tucows

Several institutional investors and hedge funds have recently modified their holdings of TCX. Wells Fargo & Company MN raised its holdings 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 worth $72,000 after acquiring an additional 867 shares in the last quarter. MetLife Investment Management LLC purchased a new position in Tucows in the first quarter valued at about $80,000. Bank of America Corp DE increased its position in 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 worth $165,000 after purchasing an additional 2,448 shares during the last quarter. Rhumbline Advisers increased its position in Tucows by 5.0% in the 1st quarter. Rhumbline Advisers now owns 11,840 shares of the information services provider's stock worth $200,000 after purchasing an additional 563 shares during the last quarter. Finally, Barclays PLC raised its stake in shares of Tucows by 10.9% during the 4th quarter. Barclays PLC now owns 12,625 shares of the information services provider's stock worth $216,000 after purchasing an additional 1,240 shares in the last quarter. 73.64% of the stock is currently owned by hedge funds and other institutional investors.

About Tucows

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.

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