Bard Associates Inc. Purchases 4,450 Shares of Tucows Inc. (NASDAQ:TCX)

Bard Associates Inc. grew its position in shares of Tucows Inc. (NASDAQ:TCX) (TSE:TC) by 22.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,395 shares of the information services provider’s stock after purchasing an additional 4,450 shares during the period. Bard Associates Inc. owned approximately 0.22% of Tucows worth $510,000 at the end of the most recent quarter.

Separately, BNP Paribas Financial Markets boosted its holdings in shares of Tucows by 81.5% in the 1st quarter. BNP Paribas Financial Markets now owns 5,281 shares of the information services provider’s stock worth $98,000 after purchasing an additional 2,371 shares in the last quarter. 73.64% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Insiders Place Their Bets

In related news, CEO Elliot Noss sold 1,500 shares of the stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of $21.27, for a total transaction of $31,905.00. Following the completion of the sale, the chief executive officer now owns 498,358 shares of the company’s stock, valued at $10,600,074.66. This represents a 0.30 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold 18,000 shares of company stock worth $369,639 in the last ninety days. 11.60% of the stock is owned by company insiders.

Tucows Price Performance

Shares of TCX opened at $15.75 on Friday. The firm has a 50 day moving average of $19.76 and a 200 day moving average of $20.45. Tucows Inc. has a twelve month low of $15.01 and a twelve month high of $28.66.

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.