Tucows Inc. (NASDAQ:TCX) CEO Elliot Noss Sells 3,200 Shares

Tucows Inc. (NASDAQ:TCX - Get Free Report) TSE: TC CEO Elliot Noss sold 3,200 shares of the company's stock in a transaction on Wednesday, July 2nd. The stock was sold at an average price of $20.44, for a total transaction of $65,408.00. Following the completion of the transaction, the chief executive officer owned 452,098 shares of the company's stock, valued at $9,240,883.12. This trade represents a 0.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

• 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 shares were 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 shares were 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.
• On Thursday, April 17th, Elliot Noss sold 1,000 shares of Tucows stock. The shares were sold at an average price of $16.18, for a total transaction of $16,180.00.
• 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 Friday, April 11th, Elliot Noss sold 1,000 shares of Tucows stock. The shares were sold at an average price of $15.56, for a total transaction of $15,560.00.
• On Wednesday, April 9th, Elliot Noss sold 300 shares of Tucows stock. The stock was 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 stock was sold at an average price of $15.44, for a total transaction of $7,720.00.

Tucows Price Performance

Shares of TCX stock traded down $0.06 on Friday, hitting $20.51. 5,603 shares of the stock traded hands, compared to its average volume of 35,893. The firm has a market cap of $226.84 million, a price-to-earnings ratio of -2.23 and a beta of 0.83. The firm has a 50 day simple moving average of $18.83 and a two-hundred day simple moving average of $17.61. Tucows Inc. has a 52 week low of $13.27 and a 52 week high of $26.48.

Tucows (NASDAQ:TCX - Get Free Report) TSE: TC last announced its quarterly 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 Trading of Tucows

Several institutional investors and hedge funds have recently modified their holdings of the stock. Wells Fargo & Company MN increased its position 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 purchasing an additional 867 shares in the last quarter. MetLife Investment Management LLC purchased a new stake in Tucows in the first quarter valued at $80,000. Bank of America Corp DE raised its position in shares of 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 acquiring an additional 2,448 shares during the period. Rhumbline Advisers raised its position in shares of 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 during the period. Finally, Barclays PLC raised its position in shares of Tucows by 10.9% in the fourth quarter. Barclays PLC now owns 12,625 shares of the information services provider's stock worth $216,000 after acquiring an additional 1,240 shares during the period. Institutional investors own 73.64% of the company's stock.

Wall Street Analysts Forecast Growth

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

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.