Tucows Inc. (NASDAQ:TCX) CEO Elliot Noss Sells 1,600 Shares

Tucows Inc. (NASDAQ:TCX) (TSE:TC) CEO Elliot Noss sold 1,600 shares of Tucows stock in a transaction dated Friday, October 4th. The shares were sold at an average price of $19.91, for a total value of $31,856.00. Following the transaction, the chief executive officer now directly owns 495,058 shares in the company, valued at approximately $9,856,604.78. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Monday, October 7th, Elliot Noss sold 100 shares of Tucows stock. The stock was sold at an average price of $19.82, for a total transaction of $1,982.00.
• On Wednesday, October 2nd, Elliot Noss sold 1,700 shares of Tucows stock. The shares were sold at an average price of $19.99, for a total transaction of $33,983.00.
• 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 Wednesday, September 25th, Elliot Noss sold 1,000 shares of Tucows stock. The shares were 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 stock was 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 value of $125,571.00.

Tucows Price Performance

Shares of Tucows stock traded down $0.55 on Monday, hitting $19.21. 18,242 shares of the company traded hands, compared to its average volume of 37,357. Tucows Inc. has a 52 week low of $15.65 and a 52 week high of $28.66. The business has a 50-day simple moving average of $21.91 and a 200 day simple moving average of $20.37. 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 stock has a market capitalization of $210.37 million, a P/E ratio of -2.08 and a beta of 0.84.

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

Analyst Ratings Changes

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

Institutional Investors Weigh In On Tucows

Large investors have recently made changes to their positions in the company. BNP Paribas Financial Markets boosted its stake in Tucows by 81.5% during the first quarter. BNP Paribas Financial Markets now owns 5,281 shares of the information services provider’s stock valued at $98,000 after buying an additional 2,371 shares during the last quarter. Vanguard Group Inc. increased its stake in Tucows by 0.6% in the 1st 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 during the last quarter. Finally, Investmentaktiengesellschaft Fuer Langfristige Investoren TGV raised its holdings in shares of Tucows by 1.0% during the 4th quarter. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV now owns 1,989,594 shares of the information services provider’s stock worth $53,719,000 after acquiring an additional 20,000 shares in the last quarter. 73.64% of the stock is owned by institutional investors.

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.