Tucows Inc. (NASDAQ:TCX) CEO Elliot Noss Sells 1,000 Shares

Tucows Inc. (NASDAQ:TCX) (TSE:TC) CEO Elliot Noss sold 1,000 shares of Tucows stock in a transaction dated Wednesday, September 25th. The stock was sold at an average price of $20.33, for a total transaction of $20,330.00. Following the sale, the chief executive officer now directly owns 501,858 shares of the company’s stock, valued at approximately $10,202,773.14. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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 transaction of $31,905.00.
• 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 Price Performance

NASDAQ:TCX opened at $21.01 on Friday. Tucows Inc. has a 52 week low of $15.65 and a 52 week 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 simple moving average is $22.20 and its 200 day simple moving average is $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.

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

Analysts Set New Price Targets

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

Hedge Funds Weigh In On Tucows

A number of hedge funds have recently added to or reduced their stakes in TCX. BNP Paribas Financial Markets grew its holdings 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 in the last quarter. Bard Associates Inc. grew its stake in Tucows by 5.2% during the fourth quarter. Bard Associates Inc. now owns 16,120 shares of the information services provider’s stock worth $435,000 after buying an additional 800 shares in the last quarter. Vanguard Group Inc. increased its holdings in Tucows by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 698,465 shares of the information services provider’s stock valued at $12,964,000 after buying an additional 4,234 shares during the period. Finally, Investmentaktiengesellschaft Fuer Langfristige Investoren TGV raised its position 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 valued at $37,391,000 after buying an additional 25,000 shares in the last quarter. Institutional investors own 73.64% of the company’s stock.

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.