Insider Selling: Tucows Inc. (NASDAQ:TCX) CEO Sells 2,000 Shares of Stock

Tucows Inc. (NASDAQ:TCX) (TSE:TC) CEO Elliot Noss sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $16.91, for a total value of $33,820.00. Following the completion of the sale, the chief executive officer now directly owns 479,358 shares of the company’s stock, valued at $8,105,943.78. The trade was a 0.42 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• 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 transaction 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 shares were sold at an average price of $16.32, for a total value 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 Price Performance

Shares of NASDAQ:TCX traded up $0.37 during trading hours on Friday, hitting $17.00. The company’s stock had a trading volume of 18,024 shares, compared to its average volume of 20,315. The firm’s fifty day moving average price is $16.69 and its 200 day moving average price is $19.39. Tucows Inc. has a 52 week low of $15.01 and a 52 week high of $26.48. The company has a market capitalization of $187.17 million, a price-to-earnings ratio of -2.05 and a beta of 0.82.

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

Institutional Trading of Tucows

Institutional investors have recently made changes to their positions in the business. Bard Associates Inc. grew its stake in 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 last quarter. Jane Street Group LLC boosted its position in Tucows by 7.6% in the third quarter. Jane Street Group LLC now owns 13,646 shares of the information services provider’s stock valued at $285,000 after buying an additional 966 shares during the last quarter. Barclays PLC increased its holdings in Tucows by 307.6% in the 3rd quarter. Barclays PLC now owns 11,385 shares of the information services provider’s stock worth $238,000 after buying an additional 8,592 shares during the period. Geode Capital Management LLC raised its position 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 worth $4,185,000 after buying an additional 5,503 shares during the last quarter. Finally, R Squared Ltd acquired a new stake in Tucows during the 4th quarter valued at approximately $32,000. 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.