Elliot Noss Sells 1,500 Shares of Tucows Inc. (NASDAQ:TCX) Stock

Tucows Inc. (NASDAQ:TCX) (TSE:TC) CEO Elliot Noss sold 1,500 shares of the firm’s stock in a transaction on Friday, September 27th. The shares were sold at an average price of $21.27, for a total transaction of $31,905.00. Following the completion of the transaction, the chief executive officer now directly owns 498,358 shares in the company, valued at $10,600,074.66. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

• 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 transaction of $20,330.00.
• On Monday, September 23rd, Elliot Noss sold 400 shares of Tucows stock. The shares were sold at an average price of $21.43, for a total value 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 Stock Performance

NASDAQ TCX opened at $21.01 on Friday. The company has a fifty day moving average price of $22.20 and a 200-day moving average price of $20.27. The firm has a market cap of $230.08 million, a price-to-earnings ratio of -2.21 and a beta of 0.85. The company has a debt-to-equity ratio of 43.87, a current ratio of 0.93 and a quick ratio of 0.90. Tucows Inc. has a 1 year low of $15.65 and a 1 year high of $28.66.

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

Institutional Trading of Tucows

Institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. boosted its position in 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 purchasing an additional 4,234 shares during the last quarter. BNP Paribas Financial Markets raised its stake in shares of Tucows by 81.5% during the 1st quarter. BNP Paribas Financial Markets now owns 5,281 shares of the information services provider’s stock worth $98,000 after purchasing an additional 2,371 shares during the period. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV boosted its holdings in shares of Tucows by 1.3% in the 1st quarter. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV now owns 2,014,594 shares of the information services provider’s stock worth $37,391,000 after buying an additional 25,000 shares during the last quarter. Finally, Bard Associates Inc. grew its position in Tucows by 5.2% during the fourth quarter. Bard Associates Inc. now owns 16,120 shares of the information services provider’s stock valued at $435,000 after buying an additional 800 shares during the period. 73.64% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

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.