Tucows Inc. (NASDAQ:TCX) CEO Elliot Noss Sells 1,700 Shares

Tucows Inc. (NASDAQ:TCX) (TSE:TC) CEO Elliot Noss sold 1,700 shares of the company’s stock in a transaction on Wednesday, October 2nd. The shares were sold at an average price of $19.99, for a total value of $33,983.00. Following the completion of the sale, the chief executive officer now owns 496,658 shares in the company, valued at $9,928,193.42. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Friday, September 27th, Elliot Noss sold 1,500 shares of Tucows stock. The stock was sold at an average price of $21.27, for a total value of $31,905.00.
• 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 shares were sold at an average price of $22.03, for a total transaction of $125,571.00.

Tucows Stock Performance

Shares of TCX opened at $19.76 on Friday. Tucows Inc. has a twelve month low of $15.65 and a twelve month high of $28.66. The company has a debt-to-equity ratio of 43.87, a quick ratio of 0.90 and a current ratio of 0.93. The firm’s 50 day moving average price is $21.91 and its two-hundred day moving average price is $20.34. The firm has a market cap of $216.39 million, a P/E ratio of -2.08 and a beta of 0.84.

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

Hedge Funds Weigh In On Tucows

Several hedge funds have recently modified their holdings of the stock. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV grew its stake in Tucows by 1.0% in the fourth quarter. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV now owns 1,989,594 shares of the information services provider’s stock valued at $53,719,000 after purchasing an additional 20,000 shares in the last quarter. Vanguard Group Inc. raised its position in Tucows by 0.6% during the first quarter. Vanguard Group Inc. now owns 698,465 shares of the information services provider’s stock worth $12,964,000 after acquiring an additional 4,234 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its stake in Tucows by 81.5% in the first quarter. BNP Paribas Financial Markets now owns 5,281 shares of the information services provider’s stock valued at $98,000 after acquiring an additional 2,371 shares during the last quarter. Institutional investors own 73.64% of the company’s stock.

Analyst Ratings Changes

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

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.