Insider Selling: Tucows Inc. (NASDAQ:TCX) CEO Sells 2,000 Shares of Stock

Tucows Inc. (NASDAQ:TCX) (TSE:TC) CEO Elliot Noss sold 2,000 shares of the stock in a transaction on Wednesday, January 22nd. The shares were sold at an average price of $16.22, for a total value of $32,440.00. Following the completion of the transaction, the chief executive officer now directly owns 481,858 shares of the company’s stock, valued at approximately $7,815,736.76. This represents a 0.41 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Friday, January 24th, Elliot Noss sold 2,000 shares of Tucows stock. The stock was sold at an average price of $16.91, for a total transaction of $33,820.00.
• On Wednesday, January 15th, Elliot Noss sold 200 shares of Tucows stock. The stock was sold at an average price of $16.57, for a total transaction of $3,314.00.
• On Monday, January 13th, Elliot Noss sold 100 shares of Tucows stock. The shares were sold at an average price of $16.32, for a total transaction of $1,632.00.
• On Wednesday, January 8th, Elliot Noss sold 1,100 shares of Tucows stock. The stock was sold at an average price of $16.79, for a total transaction of $18,469.00.

Tucows Stock Up 2.2 %

NASDAQ:TCX opened at $17.00 on Friday. Tucows Inc. has a one year low of $15.01 and a one year high of $26.48. The stock has a 50 day moving average price of $16.72 and a 200 day moving average price of $19.37.

Tucows (NASDAQ:TCX) (TSE:TC) last issued its earnings results on Thursday, November 7th. The information services provider reported ($2.03) earnings per share (EPS) for the quarter. The business had revenue of $92.30 million during the quarter.

Institutional Investors Weigh In On Tucows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Jane Street Group LLC boosted 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 valued at $285,000 after purchasing an additional 966 shares during the last quarter. R Squared Ltd purchased a new stake in shares of Tucows during the 4th quarter valued at approximately $32,000. Bard Associates Inc. lifted its holdings in Tucows by 22.3% in the third quarter. Bard Associates Inc. now owns 24,395 shares of the information services provider’s stock valued at $510,000 after acquiring an additional 4,450 shares during the last quarter. Geode Capital Management LLC grew its position in Tucows by 2.8% in the third quarter. Geode Capital Management LLC now owns 200,263 shares of the information services provider’s stock worth $4,185,000 after acquiring an additional 5,503 shares during the period. Finally, Barclays PLC increased its stake in Tucows by 307.6% during the third quarter. Barclays PLC now owns 11,385 shares of the information services provider’s stock worth $238,000 after acquiring an additional 8,592 shares during the last quarter. 73.64% of the stock is currently owned by institutional investors and hedge funds.

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.