Tucows Inc. (NASDAQ:TCX) EVP Carla Anne Goertz sold 20,708 shares of the stock in a transaction that occurred on Thursday, September 29th. The shares were sold at an average price of $32.13, for a total transaction of $665,348.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Tucows Inc. (NASDAQ:TCX) opened at 32.00 on Friday. Tucows Inc. has a 12 month low of $17.67 and a 12 month high of $33.94. The stock’s 50 day moving average is $28.17 and its 200-day moving average is $25.63. The stock has a market capitalization of $333.57 million, a price-to-earnings ratio of 23.76 and a beta of 0.95.
Tucows (NASDAQ:TCX) last posted its quarterly earnings results on Monday, August 8th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.04. The firm had revenue of $47.50 million for the quarter, compared to analyst estimates of $48.90 million. Tucows had a return on equity of 52.28% and a net margin of 8.08%. Tucows’s quarterly revenue was up 10.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.21 earnings per share. On average, equities research analysts expect that Tucows Inc. will post $1.42 earnings per share for the current year.
A number of hedge funds and other institutional investors have recently bought and sold shares of TCX. Royal Bank of Canada raised its position in shares of Tucows by 8,653.2% in the first quarter. Royal Bank of Canada now owns 6,915 shares of the company’s stock valued at $155,000 after buying an additional 6,836 shares during the last quarter. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV purchased a new position in shares of Tucows during the second quarter valued at $463,000. Finally, Van Berkom & Associates Inc. purchased a new position in shares of Tucows during the second quarter valued at $142,000. 19.97% of the stock is currently owned by hedge funds and other institutional investors.
Several equities analysts have commented on TCX shares. Cantor Fitzgerald lowered shares of Tucows from a “buy” rating to a “hold” rating in a research note on Tuesday, August 9th. Zacks Investment Research lowered shares of Tucows from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 11th.
Tucows Company Profile
Tucows Inc is engaged in providing Internet services. The Company’s segments include Domain Services and Network Access Services. The Domain Services segment has over three service offerings, being wholesale and retail domain name registration services, value added services and portfolio. The Network Access Services segment includes mobile services and other services.
Receive News & Ratings for Tucows Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tucows Inc. and related companies with MarketBeat.com's FREE daily email newsletter.