Tucows Inc. (NASDAQ:TCX) CEO Sells $133,860.00 in Stock

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

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 value 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 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 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.
• 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 shares were sold at an average price of $16.57, for a total transaction 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 transaction of $18,469.00.

Tucows Trading Down 1.5 %

Shares of NASDAQ TCX opened at $19.50 on Friday. Tucows Inc. has a one year low of $14.50 and a one year high of $26.48. The business has a 50-day moving average price of $16.45 and a two-hundred day moving average price of $18.57. The firm has a market capitalization of $215.09 million, a PE ratio of -1.90 and a beta of 0.81.

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

Institutional Investors Weigh In On Tucows

A number of institutional investors have recently modified their holdings of the stock. Wells Fargo & Company MN increased its stake in shares of Tucows by 25.9% in the fourth quarter. Wells Fargo & Company MN now owns 4,213 shares of the information services provider’s stock worth $72,000 after acquiring an additional 867 shares during the last quarter. Jane Street Group LLC increased its position in Tucows by 7.6% in the 3rd quarter. Jane Street Group LLC now owns 13,646 shares of the information services provider’s stock worth $285,000 after purchasing an additional 966 shares during the last quarter. Northern Trust Corp increased its position in Tucows by 1.5% in the 4th 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. Barclays PLC raised its stake in shares of Tucows by 10.9% during the 4th quarter. Barclays PLC now owns 12,625 shares of the information services provider’s stock worth $216,000 after purchasing an additional 1,240 shares in the last quarter. Finally, R Squared Ltd acquired a new stake in shares of Tucows during the 4th quarter valued at about $32,000. Institutional investors and hedge funds own 73.64% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Tucows from a “hold” rating to a “sell” rating in a research report on Monday.

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.