Tucows Inc. (NASDAQ:TCX) Shares Bought by Barclays PLC

Barclays PLC grew its stake in Tucows Inc. (NASDAQ:TCX) (TSE:TC) by 307.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,385 shares of the information services provider’s stock after purchasing an additional 8,592 shares during the period. Barclays PLC owned about 0.10% of Tucows worth $238,000 at the end of the most recent quarter.

Separately, Jane Street Group LLC increased its holdings in Tucows by 7.6% in the 3rd quarter. Jane Street Group LLC now owns 13,646 shares of the information services provider’s stock worth $285,000 after acquiring an additional 966 shares in the last quarter. 73.64% of the stock is currently owned by institutional investors.

Insider Transactions at Tucows

In related news, CEO Elliot Noss sold 1,500 shares of the firm’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $19.02, for a total transaction of $28,530.00. Following the completion of the sale, the chief executive officer now directly owns 485,758 shares in the company, valued at approximately $9,239,117.16. This trade represents a 0.31 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 6,000 shares of company stock valued at $115,440 over the last ninety days. Insiders own 11.60% of the company’s stock.

Tucows Stock Performance

NASDAQ:TCX opened at $16.46 on Monday. Tucows Inc. has a fifty-two week low of $15.01 and a fifty-two week high of $26.48. The company has a fifty day moving average of $17.05 and a two-hundred day moving average of $19.67. The stock has a market capitalization of $181.14 million, a PE ratio of -1.99 and a beta of 0.82.

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.