Insider Selling: Tucows Inc. (NASDAQ:TCX) CEO Sells 2,600 Shares of Stock

Tucows Inc. (NASDAQ:TCX - Get Free Report) TSE: TC CEO Elliot Noss sold 2,600 shares of the stock in a transaction on Monday, July 7th. The stock was sold at an average price of $20.51, for a total value of $53,326.00. Following the completion of the transaction, the chief executive officer owned 449,498 shares of the company's stock, valued at $9,219,203.98. The trade was a 0.58% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

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 transaction 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 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 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 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 value 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 Stock Up 1.2%

Shares of TCX traded up $0.27 during mid-day trading on Friday, reaching $22.75. 54,963 shares of the company's stock were exchanged, compared to its average volume of 36,022. Tucows Inc. has a 52-week low of $13.27 and a 52-week high of $26.48. The company has a market cap of $251.62 million, a price-to-earnings ratio of -2.47 and a beta of 0.83. The company has a 50-day simple moving average of $19.38 and a two-hundred day simple moving average of $17.80.

Tucows (NASDAQ:TCX - Get Free Report) TSE: TC last released its quarterly earnings results 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 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 have recently added to or reduced their stakes in TCX. Charles Schwab Investment Management Inc. grew its holdings 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 worth $1,378,000 after buying an additional 4,109 shares in the last quarter. Geode Capital Management LLC grew its stake in Tucows by 1.0% in the 4th quarter. Geode Capital Management LLC now owns 202,248 shares of the information services provider's stock worth $3,468,000 after acquiring an additional 1,985 shares during the period. Wells Fargo & Company MN raised its holdings in Tucows by 25.9% in the 4th quarter. Wells Fargo & Company MN now owns 4,213 shares of the information services provider's stock valued at $72,000 after acquiring an additional 867 shares during the last quarter. Barclays PLC lifted its stake in shares of Tucows by 10.9% during the 4th quarter. Barclays PLC now owns 12,625 shares of the information services provider's stock worth $216,000 after purchasing an additional 1,240 shares during the period. Finally, Northern Trust Corp boosted its holdings in shares of 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 purchasing an additional 1,181 shares during the last quarter. Institutional investors and hedge funds 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.