Tucows Inc. (NASDAQ:TCX) CEO Elliot Noss Sells 5,175 Shares

Tucows Inc. (NASDAQ:TCXGet Free Report) (TSE:TC) CEO Elliot Noss sold 5,175 shares of Tucows stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $18.43, for a total value of $95,375.25. Following the completion of the sale, the chief executive officer now directly owns 516,758 shares in the company, valued at approximately $9,523,849.94. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Tucows Stock Down 3.1 %

Tucows stock opened at $17.90 on Wednesday. The company has a current ratio of 1.41, a quick ratio of 1.37 and a debt-to-equity ratio of 14.78. Tucows Inc. has a 1-year low of $15.65 and a 1-year high of $33.44. The company has a fifty day simple moving average of $20.18 and a 200 day simple moving average of $21.06. The company has a market cap of $195.11 million, a P/E ratio of -2.02 and a beta of 0.94.

Tucows (NASDAQ:TCXGet Free Report) (TSE:TC) last announced its quarterly earnings data on Thursday, February 22nd. The information services provider reported ($2.14) earnings per share for the quarter. Tucows had a negative net margin of 28.35% and a negative return on equity of 157.83%. The company had revenue of $86.96 million during the quarter.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Cibc World Market Inc. bought a new position in Tucows during the second quarter worth about $341,000. Harbor Capital Advisors Inc. increased its holdings in shares of Tucows by 36.5% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 2,152 shares of the information services provider’s stock worth $44,000 after acquiring an additional 576 shares during the last quarter. National Bank of Canada FI raised its stake in Tucows by 53.4% in the 3rd quarter. National Bank of Canada FI now owns 2,860 shares of the information services provider’s stock valued at $56,000 after acquiring an additional 995 shares during the period. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV lifted its holdings in Tucows by 2.7% during the 3rd quarter. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV now owns 1,969,594 shares of the information services provider’s stock valued at $40,199,000 after purchasing an additional 51,050 shares during the last quarter. Finally, BNP Paribas Arbitrage SNC boosted its position in Tucows by 201.5% during the first quarter. BNP Paribas Arbitrage SNC now owns 2,234 shares of the information services provider’s stock worth $43,000 after purchasing an additional 1,493 shares during the period. Institutional investors and hedge funds own 73.64% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Tucows from a “hold” rating to a “sell” rating in a research report on Saturday.

Get Our Latest Stock Analysis on Tucows

Tucows Company Profile

(Get Free Report)

Tucows Inc provides network access, domain name registration, email, mobile telephony, and other Internet services in Canada, the United States, and Europe. It operates through 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.

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