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

Tucows Inc. (NASDAQ:TCX - Get Free Report) TSE: TC CEO Elliot Noss sold 500 shares of the stock in a transaction dated Wednesday, July 9th. The shares were sold at an average price of $21.21, for a total value of $10,605.00. Following the transaction, the chief executive officer directly owned 446,498 shares in the company, valued at approximately $9,470,222.58. This represents a 0.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

• 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 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 shares were 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 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 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 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.
• On Thursday, April 17th, Elliot Noss sold 1,000 shares of Tucows stock. The stock was sold at an average price of $16.18, for a total value 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 value of $16,240.00.

Tucows Trading Up 1.2%

TCX stock traded up $0.27 during midday trading on Friday, hitting $22.75. The stock had a trading volume of 54,963 shares, compared to its average volume of 36,092. The firm has a market capitalization of $251.55 million, a price-to-earnings 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 stock has a 50-day simple moving average of $19.24 and a 200 day simple moving average of $17.74.

Tucows (NASDAQ:TCX - Get Free Report) TSE: TC last issued its earnings results on Thursday, May 8th. The information services provider reported ($1.37) EPS for the quarter. The company had revenue of $94.61 million during the quarter.

Hedge Funds Weigh In On Tucows

Hedge funds have recently modified their holdings of the stock. Millennium Management LLC acquired a new position in shares of Tucows in the 4th quarter worth approximately $361,000. 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 worth $165,000 after buying an additional 2,448 shares in the last quarter. Northern Trust Corp raised its holdings in shares of Tucows by 1.5% in the 4th quarter. Northern Trust Corp now owns 78,791 shares of the information services provider's stock worth $1,350,000 after buying an additional 1,181 shares in the last quarter. D. E. Shaw & Co. Inc. raised its holdings in shares of Tucows by 32.9% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 23,911 shares of the information services provider's stock worth $410,000 after buying an additional 5,916 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Tucows by 5.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 80,421 shares of the information services provider's stock worth $1,378,000 after buying an additional 4,109 shares in the last quarter. 73.64% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised 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.