Tucows Inc. (NASDAQ:TCX) CEO Elliot Noss Sells 2,500 Shares

Tucows Inc. (NASDAQ:TCX - Get Free Report) TSE: TC CEO Elliot Noss sold 2,500 shares of the stock in a transaction dated Tuesday, July 8th. The shares were sold at an average price of $20.81, for a total value of $52,025.00. Following the completion of the sale, the chief executive officer owned 446,998 shares of the company's stock, valued at approximately $9,302,028.38. This trade represents a 0.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at 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 stock was sold at an average price of $22.86, for a total transaction of $16,002.00.
• On Thursday, July 10th, Elliot Noss sold 2,000 shares of Tucows stock. The shares were sold at an average price of $21.87, for a total value of $43,740.00.
• 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 transaction of $10,605.00.
• 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 value 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 value 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 value 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 value 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 stock was sold at an average price of $16.37, for a total transaction of $8,185.00.

Tucows Trading Up 1.2%

Shares of Tucows stock traded up $0.27 on Friday, reaching $22.75. 54,963 shares of the company were exchanged, compared to its average volume of 36,022. Tucows Inc. has a fifty-two week low of $13.27 and a fifty-two week high of $26.48. The firm has a market capitalization of $251.62 million, a price-to-earnings ratio of -2.47 and a beta of 0.83. The stock has a fifty day moving average price of $19.38 and a 200-day moving average price of $17.80.

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

Institutional Investors Weigh In On Tucows

Large investors have recently made changes to their positions in the company. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Tucows in the first quarter worth $8,625,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Tucows during the 1st quarter worth about $510,000. Nuveen LLC acquired a new position in shares of Tucows during the 1st quarter valued at about $432,000. GSA Capital Partners LLP raised its stake in shares of Tucows by 123.6% in the 1st quarter. GSA Capital Partners LLP now owns 38,199 shares of the information services provider's stock valued at $645,000 after acquiring an additional 21,112 shares in the last quarter. Finally, Millennium Management LLC acquired a new stake in Tucows in the 4th quarter worth approximately $361,000. Institutional investors own 73.64% of the company's stock.

Analysts Set New Price Targets

Separately, Wall Street Zen raised Tucows from a "sell" rating to a "hold" rating in a research note 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.