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

Tucows Inc. (NASDAQ:TCX - Get Free Report) TSE: TC CEO Elliot Noss sold 2,500 shares of the firm's 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 sale, the chief executive officer directly owned 446,998 shares in the company, valued at approximately $9,302,028.38. This represents a 0.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• 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 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 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 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 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 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 value 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 value 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 value of $16,240.00.

Tucows Price Performance

Shares of Tucows stock 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 firm has a 50 day moving average price of $19.24 and a 200-day moving average price of $17.74. The stock has a market cap of $251.55 million, a P/E ratio of -2.47 and a beta of 0.83. Tucows Inc. has a one year low of $13.27 and a one year high of $26.48.

Tucows (NASDAQ:TCX - Get Free Report) TSE: TC last issued 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 during the quarter.

Analyst Ratings Changes

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

Hedge Funds Weigh In On Tucows

Institutional investors and hedge funds have recently modified their holdings of the stock. Millennium Management LLC bought a new stake in Tucows in the fourth quarter worth $361,000. Bank of America Corp DE increased its position in Tucows by 34.2% during the fourth quarter. Bank of America Corp DE now owns 9,604 shares of the information services provider's stock valued at $165,000 after acquiring an additional 2,448 shares during the last quarter. Northern Trust Corp raised its stake in shares of Tucows by 1.5% in the fourth quarter. Northern Trust Corp now owns 78,791 shares of the information services provider's stock valued at $1,350,000 after acquiring an additional 1,181 shares during the period. D. E. Shaw & Co. Inc. lifted 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 acquiring an additional 5,916 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Tucows by 5.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 80,421 shares of the information services provider's stock valued at $1,378,000 after buying an additional 4,109 shares during the period. Hedge funds and other institutional investors own 73.64% of the company's stock.

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.