Insider Selling: Tucows Inc. (NASDAQ:TCX) CEO Sells 1,500 Shares of Stock

Tucows Inc. (NASDAQ:TCX) (TSE:TC) CEO Elliot Noss sold 1,500 shares of Tucows stock in a transaction dated Friday, September 27th. The stock was sold at an average price of $21.27, for a total value of $31,905.00. Following the completion of the transaction, the chief executive officer now directly owns 498,358 shares of the company’s stock, valued at $10,600,074.66. The transaction was disclosed in a document filed with the SEC, which is available at this link.

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

• On Wednesday, September 25th, Elliot Noss sold 1,000 shares of Tucows stock. The stock was sold at an average price of $20.33, for a total value of $20,330.00.
• On Monday, September 23rd, Elliot Noss sold 400 shares of Tucows stock. The stock was sold at an average price of $21.43, for a total value of $8,572.00.
• On Thursday, September 19th, Elliot Noss sold 5,700 shares of Tucows stock. The stock was sold at an average price of $22.03, for a total transaction of $125,571.00.

Tucows Stock Up 0.0 %

Shares of NASDAQ:TCX opened at $21.01 on Monday. The company has a debt-to-equity ratio of 43.87, a quick ratio of 0.90 and a current ratio of 0.93. Tucows Inc. has a 52-week low of $15.65 and a 52-week high of $28.66. The business’s 50 day simple moving average is $22.20 and its two-hundred day simple moving average is $20.30. The firm has a market cap of $230.08 million, a P/E ratio of -2.21 and a beta of 0.85.

Tucows (NASDAQ:TCX) (TSE:TC) last posted its quarterly earnings results on Thursday, August 8th. The information services provider reported ($1.70) earnings per share (EPS) for the quarter. The business had revenue of $89.42 million during the quarter. Tucows had a negative net margin of 26.01% and a negative return on equity of 490.14%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Tucows from a “sell” rating to a “hold” rating in a research note on Monday, August 12th.

Institutional Investors Weigh In On Tucows

Institutional investors have recently bought and sold shares of the stock. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV lifted its stake in Tucows by 1.3% during the 1st quarter. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV now owns 2,014,594 shares of the information services provider’s stock valued at $37,391,000 after acquiring an additional 25,000 shares in the last quarter. Vanguard Group Inc. grew its stake in Tucows by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 698,465 shares of the information services provider’s stock valued at $12,964,000 after purchasing an additional 4,234 shares during the period. Bard Associates Inc. increased its position in shares of Tucows by 5.2% during the 4th quarter. Bard Associates Inc. now owns 16,120 shares of the information services provider’s stock valued at $435,000 after purchasing an additional 800 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its stake in shares of Tucows by 81.5% during the 1st quarter. BNP Paribas Financial Markets now owns 5,281 shares of the information services provider’s stock worth $98,000 after purchasing an additional 2,371 shares during the period. 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.