Tucows Inc. (NASDAQ:TCX) Shares Sold by Tudor Investment Corp Et Al

Tudor Investment Corp Et Al decreased its position in shares of Tucows Inc. (NASDAQ:TCX) (TSE:TC) by 56.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,730 shares of the information services provider’s stock after selling 4,747 shares during the period. Tudor Investment Corp Et Al’s holdings in Tucows were worth $276,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in TCX. Citigroup Inc. grew its stake in shares of Tucows by 249.4% in the 4th quarter. Citigroup Inc. now owns 1,901 shares of the information services provider’s stock valued at $140,000 after purchasing an additional 1,357 shares during the last quarter. Aperio Group LLC grew its stake in shares of Tucows by 20.3% in the 4th quarter. Aperio Group LLC now owns 4,908 shares of the information services provider’s stock valued at $363,000 after purchasing an additional 827 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of Tucows by 4.0% in the 4th quarter. The Manufacturers Life Insurance Company now owns 5,501 shares of the information services provider’s stock valued at $516,000 after purchasing an additional 211 shares during the last quarter. Rhumbline Advisers grew its stake in shares of Tucows by 6.0% in the 4th quarter. Rhumbline Advisers now owns 11,659 shares of the information services provider’s stock valued at $861,000 after purchasing an additional 665 shares during the last quarter. Finally, Wells Fargo & Company MN grew its stake in shares of Tucows by 55.4% in the 3rd quarter. Wells Fargo & Company MN now owns 15,344 shares of the information services provider’s stock valued at $1,058,000 after purchasing an additional 5,469 shares during the last quarter. Institutional investors own 56.41% of the company’s stock.

Tucows stock opened at $76.94 on Thursday. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.85 and a quick ratio of 0.84. Tucows Inc. has a 1-year low of $47.16 and a 1-year high of $94.20. The company has a market cap of $817.10 million, a PE ratio of 87.43 and a beta of 0.72. The stock’s 50 day moving average price is $81.35 and its 200 day moving average price is $76.82.

Tucows (NASDAQ:TCX) (TSE:TC) last posted its quarterly earnings results on Tuesday, February 9th. The information services provider reported $0.19 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.36 by ($0.17). Tucows had a net margin of 2.91% and a return on equity of 12.90%. The business had revenue of $70.78 million during the quarter.

In other Tucows news, CEO Elliot Noss sold 5,000 shares of the business’s stock in a transaction on Monday, February 1st. The stock was sold at an average price of $79.42, for a total transaction of $397,100.00. Following the sale, the chief executive officer now directly owns 536,276 shares in the company, valued at $42,591,039.92. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Justin Reilly sold 1,719 shares of the business’s stock in a transaction on Friday, February 12th. The stock was sold at an average price of $82.03, for a total value of $141,009.57. Following the sale, the insider now owns 7,250 shares in the company, valued at $594,717.50. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 12,129 shares of company stock worth $977,924. Company insiders own 13.50% of the company’s stock.

Tucows Profile

Tucows, Inc is an Internet services company. The firm engages in the provision of domain names, email and other internet services. It operates through the following segments: The Mobile, The Fiber, and Domain Services. The Mobile segment will contain Mobile Services Enabler (“”MSE””) and professional services product offerings, as well as the retail sale of mobile phones and retail telephony services.

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Institutional Ownership by Quarter for Tucows (NASDAQ:TCX)

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