Tucows Inc. (NASDAQ:TCX) CEO Elliot Noss Sells 7,760 Shares

Tucows Inc. (NASDAQ:TCX) (TSE:TC) CEO Elliot Noss sold 7,760 shares of Tucows stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $17.25, for a total transaction of $133,860.00. Following the sale, the chief executive officer now owns 470,198 shares of the company’s stock, valued at $8,110,915.50. The trade was a 1.62 % decrease in their position. The sale 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 Thursday, February 6th, Elliot Noss sold 500 shares of Tucows stock. The shares were sold at an average price of $15.76, for a total transaction of $7,880.00.
• On Tuesday, February 4th, Elliot Noss sold 500 shares of Tucows stock. The shares were sold at an average price of $15.66, for a total transaction of $7,830.00.
• On Monday, January 27th, Elliot Noss sold 100 shares of Tucows stock. The shares were sold at an average price of $17.12, for a total transaction of $1,712.00.
• On Friday, January 24th, Elliot Noss sold 2,000 shares of Tucows stock. The shares were sold at an average price of $16.91, for a total transaction of $33,820.00.
• On Wednesday, January 22nd, Elliot Noss sold 2,000 shares of Tucows stock. The shares were sold at an average price of $16.22, for a total transaction of $32,440.00.
• On Wednesday, January 15th, Elliot Noss sold 200 shares of Tucows stock. The shares were sold at an average price of $16.57, for a total transaction of $3,314.00.
• On Monday, January 13th, Elliot Noss sold 100 shares of Tucows stock. The shares were 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 shares were sold at an average price of $16.79, for a total transaction of $18,469.00.

Tucows Stock Performance

NASDAQ:TCX opened at $19.20 on Wednesday. Tucows Inc. has a one year low of $14.50 and a one year high of $26.48. The firm has a market cap of $211.30 million, a P/E ratio of -2.32 and a beta of 0.81. The firm has a 50-day simple moving average of $16.34 and a 200-day simple moving average of $18.59.

Tucows (NASDAQ:TCX) (TSE:TC) last posted its quarterly earnings results on Thursday, February 13th. The information services provider reported ($1.43) EPS for the quarter. The firm had revenue of $93.10 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Tucows from a “hold” rating to a “sell” rating in a report on Monday.

Institutional Investors Weigh In On Tucows

A number of hedge funds and other institutional investors have recently bought and sold shares of TCX. R Squared Ltd purchased a new position in Tucows in the fourth quarter worth $32,000. Wells Fargo & Company MN boosted its position 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 worth $72,000 after purchasing an additional 867 shares in the last quarter. Bank of America Corp DE boosted its position 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 worth $165,000 after purchasing an additional 2,448 shares in the last quarter. Barclays PLC boosted its position 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 worth $216,000 after purchasing an additional 1,240 shares in the last quarter. Finally, Jane Street Group LLC boosted its position in shares of Tucows by 7.6% in 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. Hedge funds and other 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.