Tucows Inc. (NASDAQ:TCX) CEO Elliot Noss Sells 700 Shares

Tucows Inc. (NASDAQ:TCX) (TSE:TC) CEO Elliot Noss sold 700 shares of the firm’s stock in a transaction on Wednesday, May 7th. The stock was sold at an average price of $16.39, for a total value of $11,473.00. Following the sale, the chief executive officer now directly owns 460,498 shares in the company, valued at $7,547,562.22. The trade was a 0.15 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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

• 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 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 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 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 shares were sold at an average price of $16.24, for a total transaction of $16,240.00.
• On Friday, April 11th, Elliot Noss sold 1,000 shares of Tucows stock. The stock was sold at an average price of $15.56, for a total value of $15,560.00.
• On Wednesday, April 9th, Elliot Noss sold 300 shares of Tucows stock. The stock was sold at an average price of $15.02, for a total value of $4,506.00.
• On Monday, April 7th, Elliot Noss sold 500 shares of Tucows stock. The stock was sold at an average price of $15.44, for a total transaction of $7,720.00.
• On Friday, April 4th, Elliot Noss sold 1,000 shares of Tucows stock. The stock was sold at an average price of $16.23, for a total value of $16,230.00.
• On Wednesday, April 2nd, Elliot Noss sold 200 shares of Tucows stock. The stock was sold at an average price of $16.98, for a total transaction of $3,396.00.

Tucows Stock Performance

TCX opened at $16.44 on Thursday. The stock has a fifty day moving average of $16.96 and a 200-day moving average of $17.07. The company has a market capitalization of $181.46 million, a P/E ratio of -1.60 and a beta of 0.80. Tucows Inc. has a fifty-two week low of $13.27 and a fifty-two week high of $26.48.

Tucows (NASDAQ:TCX) (TSE:TC) last issued its quarterly earnings data on Thursday, February 13th. The information services provider reported ($1.43) earnings per share for the quarter. The business had revenue of $93.10 million for the quarter.

Hedge Funds Weigh In On Tucows

Several hedge funds and other institutional investors have recently made changes to their positions in TCX. R Squared Ltd acquired a new stake in shares of Tucows during the 4th quarter worth approximately $32,000. Wells Fargo & Company MN boosted its holdings in shares of 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 purchasing an additional 867 shares in the last quarter. Bank of America Corp DE boosted 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 valued at $165,000 after purchasing an additional 2,448 shares in the last quarter. Barclays PLC increased its stake in shares of Tucows by 10.9% in the 4th quarter. Barclays PLC now owns 12,625 shares of the information services provider’s stock valued at $216,000 after purchasing an additional 1,240 shares during the last quarter. Finally, Jane Street Group LLC raised its holdings in shares of Tucows by 7.6% during the 3rd quarter. Jane Street Group LLC now owns 13,646 shares of the information services provider’s stock worth $285,000 after buying an additional 966 shares in the last quarter. 73.64% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Tucows from a “sell” rating to a “hold” rating in a report on Tuesday, March 18th.

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.