Tucows Inc. (NASDAQ:TCX) CEO Elliot Noss Sells 1,000 Shares

Tucows Inc. (NASDAQ:TCX) (TSE:TC) CEO Elliot Noss sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 9th. The stock was sold at an average price of $19.34, for a total value of $19,340.00. Following the completion of the transaction, the chief executive officer now owns 493,758 shares of the company’s stock, valued at $9,549,279.72. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Friday, October 11th, Elliot Noss sold 3,000 shares of Tucows stock. The stock was sold at an average price of $19.24, for a total transaction of $57,720.00.
• On Monday, October 7th, Elliot Noss sold 100 shares of Tucows stock. The stock was sold at an average price of $19.82, for a total value of $1,982.00.
• On Friday, October 4th, Elliot Noss sold 1,600 shares of Tucows stock. The shares were sold at an average price of $19.91, for a total value of $31,856.00.
• On Wednesday, October 2nd, Elliot Noss sold 1,700 shares of Tucows stock. The stock was sold at an average price of $19.99, for a total value of $33,983.00.
• On Friday, September 27th, Elliot Noss sold 1,500 shares of Tucows stock. The stock was sold at an average price of $21.27, for a total transaction of $31,905.00.
• 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 transaction 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 value of $125,571.00.

Tucows Price Performance

TCX traded up $0.77 on Friday, reaching $19.57. 23,788 shares of the stock were exchanged, compared to its average volume of 37,058. The company’s 50-day moving average price is $21.36 and its 200 day moving average price is $20.38. The firm has a market capitalization of $214.88 million, a PE ratio of -2.34 and a beta of 0.84. Tucows Inc. has a fifty-two week low of $15.65 and a fifty-two week high of $28.66.

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

Wall Street Analyst Weigh In

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

Institutional Trading of Tucows

A number of hedge funds and other institutional investors have recently made changes to their positions in TCX. BNP Paribas Financial Markets boosted its holdings in Tucows by 81.5% in the first quarter. BNP Paribas Financial Markets now owns 5,281 shares of the information services provider’s stock valued at $98,000 after purchasing an additional 2,371 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Tucows by 0.6% in the first quarter. Vanguard Group Inc. now owns 698,465 shares of the information services provider’s stock worth $12,964,000 after buying an additional 4,234 shares during the last quarter. Finally, Investmentaktiengesellschaft Fuer Langfristige Investoren TGV boosted its stake in shares of Tucows by 1.0% in the fourth quarter. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV now owns 1,989,594 shares of the information services provider’s stock worth $53,719,000 after buying an additional 20,000 shares during the last quarter. Institutional investors and hedge funds own 73.64% of the company’s stock.

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.