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 dated Monday, April 14th. The shares were sold at an average price of $16.24, for a total transaction of $16,240.00. Following the transaction, the chief executive officer now owns 465,198 shares in the company, valued at approximately $7,554,815.52. This trade represents a 0.21 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Friday, April 11th, Elliot Noss sold 1,000 shares of Tucows stock. The stock was sold at an average price of $15.56, for a total transaction of $15,560.00.
• On Wednesday, April 9th, Elliot Noss sold 300 shares of Tucows stock. The shares were sold at an average price of $15.02, for a total value of $4,506.00.
• On Monday, April 7th, Elliot Noss sold 500 shares of Tucows stock. The shares were sold at an average price of $15.44, for a total transaction of $7,720.00.
• On Friday, April 4th, Elliot Noss sold 1,000 shares of Tucows stock. The shares were sold at an average price of $16.23, for a total transaction of $16,230.00.
• On Wednesday, April 2nd, Elliot Noss sold 200 shares of Tucows stock. The shares were sold at an average price of $16.98, for a total value of $3,396.00.
• On Friday, February 14th, Elliot Noss sold 7,760 shares of Tucows stock. The shares were sold at an average price of $17.25, for a total value of $133,860.00.
• 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 value 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 value of $33,820.00.

Tucows Stock Performance

Shares of TCX traded down $0.64 during mid-day trading on Tuesday, hitting $15.99. 32,044 shares of the company were exchanged, compared to its average volume of 39,620. Tucows Inc. has a 1-year low of $13.27 and a 1-year high of $26.48. The stock has a market cap of $176.42 million, a price-to-earnings ratio of -1.56 and a beta of 0.81. The company has a 50 day moving average of $17.51 and a 200-day moving average of $17.42.

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

Institutional Investors Weigh In On Tucows

A number of hedge funds have recently modified their holdings of TCX. Wells Fargo & Company MN grew its stake in Tucows by 25.9% during the 4th quarter. Wells Fargo & Company MN now owns 4,213 shares of the information services provider’s stock valued at $72,000 after acquiring an additional 867 shares in the last quarter. Jane Street Group LLC lifted its position in Tucows by 7.6% during the third quarter. Jane Street Group LLC now owns 13,646 shares of the information services provider’s stock worth $285,000 after buying an additional 966 shares in the last quarter. Northern Trust Corp boosted its stake in Tucows by 1.5% during the fourth quarter. Northern Trust Corp now owns 78,791 shares of the information services provider’s stock worth $1,350,000 after buying an additional 1,181 shares during the last quarter. Barclays PLC grew its holdings in Tucows by 10.9% in the 4th quarter. Barclays PLC now owns 12,625 shares of the information services provider’s stock valued at $216,000 after buying an additional 1,240 shares in the last quarter. Finally, R Squared Ltd acquired a new stake in shares of Tucows in the 4th quarter worth $32,000. 73.64% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Tucows from a “sell” rating to a “hold” rating in a research report on Tuesday, March 18th.

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.