Insider Selling: Tucows Inc. (NASDAQ:TCX) CEO Sells 7,760 Shares of Stock

Tucows Inc. (NASDAQ:TCX) (TSE:TC) CEO Elliot Noss sold 7,760 shares of the firm’s stock in a transaction on Friday, February 14th. The stock was sold at an average price of $17.25, for a total transaction of $133,860.00. Following the completion of the sale, the chief executive officer now owns 470,198 shares in the company, valued at approximately $8,110,915.50. The trade was a 1.62 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

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

• On Thursday, February 6th, Elliot Noss sold 500 shares of Tucows stock. The stock was 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 stock was sold at an average price of $15.66, for a total value of $7,830.00.
• On Monday, January 27th, Elliot Noss sold 100 shares of Tucows stock. The stock was 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 stock was 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 stock was sold at an average price of $16.22, for a total value of $32,440.00.
• 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 shares were sold at an average price of $16.79, for a total value of $18,469.00.

Tucows Trading Up 0.3 %

Shares of TCX traded up $0.05 during mid-day trading on Tuesday, reaching $19.20. The company’s stock had a trading volume of 79,583 shares, compared to its average volume of 31,987. Tucows Inc. has a 1-year low of $14.50 and a 1-year high of $26.48. The business has a 50-day simple moving average of $16.34 and a two-hundred day simple moving average of $18.59. The stock has a market cap of $211.30 million, a P/E ratio of -2.32 and a beta of 0.81.

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

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded 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 large investors have recently modified their holdings of the business. Geode Capital Management LLC grew its holdings in Tucows by 1.0% during 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 last quarter. Charles Schwab Investment Management Inc. lifted 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 purchasing an additional 4,109 shares during the period. Northern Trust Corp grew 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 worth $1,350,000 after purchasing an additional 1,181 shares during the last quarter. Bard Associates Inc. increased its holdings in Tucows by 22.3% in the third 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. Finally, D. E. Shaw & Co. Inc. raised its position in Tucows by 32.9% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 23,911 shares of the information services provider’s stock worth $410,000 after purchasing an additional 5,916 shares during the last quarter. Institutional investors and hedge funds 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.