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

Tucows Inc. (NASDAQ:TCX - Get Free Report) TSE: TC CEO Elliot Noss sold 500 shares of Tucows stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $21.21, for a total transaction of $10,605.00. Following the sale, the chief executive officer owned 446,498 shares in the company, valued at approximately $9,470,222.58. The trade was a 0.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 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 shares were 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 stock was 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 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 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 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 stock was 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 stock was sold at an average price of $16.24, for a total transaction of $16,240.00.

Tucows Stock Performance

NASDAQ TCX traded up $0.90 on Thursday, hitting $22.28. 9,631 shares of the stock were exchanged, compared to its average volume of 35,723. The stock has a fifty day moving average price of $19.11 and a two-hundred day moving average price of $17.69. The firm has a market capitalization of $246.42 million, a P/E ratio of -2.42 and a beta of 0.83. 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 posted its quarterly earnings data on Thursday, May 8th. The information services provider reported ($1.37) EPS for the quarter. The business had revenue of $94.61 million for the quarter.

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Rhumbline Advisers boosted its stake in Tucows by 5.0% during the first quarter. Rhumbline Advisers now owns 11,840 shares of the information services provider's stock worth $200,000 after buying an additional 563 shares during the period. Wells Fargo & Company MN boosted its stake in 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 buying an additional 867 shares during the period. Northern Trust Corp boosted its stake in Tucows by 1.5% during the fourth 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 during the period. Barclays PLC boosted its stake in Tucows by 10.9% during the fourth quarter. Barclays PLC now owns 12,625 shares of the information services provider's stock worth $216,000 after buying an additional 1,240 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Tucows by 1.0% during the fourth quarter. Geode Capital Management LLC now owns 202,248 shares of the information services provider's stock valued at $3,468,000 after purchasing an additional 1,985 shares during the period. 73.64% of the stock is owned by hedge funds and other institutional investors.

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.