Tucows Inc. (NASDAQ:TCX) CEO Sells $32,440.00 in Stock

Tucows Inc. (NASDAQ:TCX) (TSE:TC) CEO Elliot Noss sold 2,000 shares of the business’s stock in a transaction dated Wednesday, January 22nd. The stock was sold at an average price of $16.22, for a total transaction of $32,440.00. Following the sale, the chief executive officer now directly owns 481,858 shares of the company’s stock, valued at approximately $7,815,736.76. The trade was a 0.41 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Friday, January 24th, Elliot Noss sold 2,000 shares of Tucows stock. The stock was sold at an average price of $16.91, for a total value of $33,820.00.
• On Wednesday, January 15th, Elliot Noss sold 200 shares of Tucows stock. The stock was sold at an average price of $16.57, for a total value of $3,314.00.
• On Monday, January 13th, Elliot Noss sold 100 shares of Tucows stock. The stock was sold at an average price of $16.32, for a total transaction of $1,632.00.
• On Wednesday, January 8th, Elliot Noss sold 1,100 shares of Tucows stock. The stock was sold at an average price of $16.79, for a total transaction of $18,469.00.

Tucows Stock Performance

Shares of Tucows stock traded up $0.37 during mid-day trading on Friday, hitting $17.00. 18,024 shares of the stock were exchanged, compared to its average volume of 20,315. Tucows Inc. has a 12 month low of $15.01 and a 12 month high of $26.48. The company has a 50-day simple moving average of $16.69 and a 200 day simple moving average of $19.39. The company has a market capitalization of $187.17 million, a P/E ratio of -2.05 and a beta of 0.82.

Tucows (NASDAQ:TCX) (TSE:TC) last issued its quarterly earnings results on Thursday, November 7th. The information services provider reported ($2.03) EPS for the quarter. The company had revenue of $92.30 million during the quarter.

Hedge Funds Weigh In On Tucows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Geode Capital Management LLC raised its holdings in Tucows by 2.8% during the 3rd quarter. Geode Capital Management LLC now owns 200,263 shares of the information services provider’s stock valued at $4,185,000 after acquiring an additional 5,503 shares during the period. Bard Associates Inc. raised its stake in shares of Tucows by 22.3% during the 3rd quarter. Bard Associates Inc. now owns 24,395 shares of the information services provider’s stock valued at $510,000 after purchasing an additional 4,450 shares during the period. Jane Street Group LLC lifted its holdings in 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 purchasing an additional 966 shares in the last quarter. Barclays PLC grew its holdings in Tucows by 307.6% during the 3rd quarter. Barclays PLC now owns 11,385 shares of the information services provider’s stock valued at $238,000 after buying an additional 8,592 shares in the last quarter. Finally, R Squared Ltd bought a new stake in shares of Tucows during the fourth quarter valued at about $32,000. Institutional investors own 73.64% of the company’s stock.

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.