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 dated Wednesday, January 22nd. The shares were sold at an average price of $16.22, for a total transaction of $32,440.00. Following the completion of the sale, the chief executive officer now owns 481,858 shares of the company’s stock, valued at $7,815,736.76. The trade was a 0.41 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

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

• On Friday, January 24th, Elliot Noss sold 2,000 shares of Tucows stock. The shares were sold at an average price of $16.91, for a total transaction of $33,820.00.
• 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 transaction 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 value of $18,469.00.

Tucows Stock Up 2.2 %

Shares of TCX stock opened at $17.00 on Friday. The firm has a market cap of $187.17 million, a price-to-earnings ratio of -2.05 and a beta of 0.82. Tucows Inc. has a 12 month low of $15.01 and a 12 month high of $26.48. The stock has a 50-day moving average price of $16.72 and a 200 day moving average price of $19.37.

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

Institutional Trading of Tucows

Several institutional investors and hedge funds have recently made changes to their positions in the business. R Squared Ltd acquired a new stake in shares of Tucows during the fourth quarter worth $32,000. Barclays PLC boosted its holdings in Tucows by 307.6% during the third 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 last quarter. Jane Street Group LLC boosted its holdings 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 during the last quarter. Bard Associates Inc. grew its position in shares of Tucows by 22.3% during the 3rd quarter. Bard Associates Inc. now owns 24,395 shares of the information services provider’s stock worth $510,000 after buying an additional 4,450 shares during the period. Finally, Geode Capital Management LLC increased its stake in shares of Tucows by 2.8% in the 3rd quarter. Geode Capital Management LLC now owns 200,263 shares of the information services provider’s stock valued at $4,185,000 after acquiring an additional 5,503 shares during the last quarter. 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.