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

Tucows Inc. (NASDAQ:TCX) (TSE:TC) CEO Elliot Noss sold 1,700 shares of the company’s stock in a transaction dated Wednesday, October 2nd. The shares were sold at an average price of $19.99, for a total transaction of $33,983.00. Following the completion of the transaction, the chief executive officer now directly owns 496,658 shares of the company’s stock, valued at approximately $9,928,193.42. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 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 value 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 transaction 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 Trading Down 0.3 %

Shares of Tucows stock opened at $19.76 on Friday. The company has a quick ratio of 0.90, a current ratio of 0.93 and a debt-to-equity ratio of 43.87. The business has a fifty day simple moving average of $21.91 and a 200-day simple moving average of $20.34. Tucows Inc. has a fifty-two week low of $15.65 and a fifty-two week high of $28.66. The firm has a market cap of $216.39 million, a price-to-earnings ratio of -2.08 and a beta of 0.84.

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

Institutional Trading of Tucows

Several large investors have recently added to or reduced their stakes in the business. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV lifted its stake in shares of 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 worth $53,719,000 after buying an additional 20,000 shares during the last quarter. Vanguard Group Inc. raised its stake in Tucows by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 698,465 shares of the information services provider’s stock valued at $12,964,000 after purchasing an additional 4,234 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its position in shares of 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. 73.64% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Tucows from a “sell” rating to a “hold” rating in a report 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.