Tucows Inc. (TCX) EVP Carla Anne Goertz Sells 20,708 Shares

Tucows Inc. (NASDAQ:TCX) EVP Carla Anne Goertz sold 20,708 shares of Tucows stock in a transaction on Thursday, September 29th. The shares were sold at an average price of $32.13, for a total transaction of $665,348.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Tucows Inc. (NASDAQ:TCX) opened at 32.00 on Friday. The company has a market capitalization of $333.57 million, a P/E ratio of 23.76 and a beta of 0.95. The stock’s 50 day moving average is $28.17 and its 200 day moving average is $25.63. Tucows Inc. has a 52-week low of $17.67 and a 52-week high of $33.94.

Tucows (NASDAQ:TCX) last announced its quarterly earnings results on Monday, August 8th. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.04. Tucows had a net margin of 8.08% and a return on equity of 52.28%. The company had revenue of $47.50 million for the quarter, compared to analysts’ expectations of $48.90 million. During the same quarter in the previous year, the business posted $0.21 earnings per share. Tucows’s quarterly revenue was up 10.7% on a year-over-year basis. Equities analysts expect that Tucows Inc. will post $1.42 EPS for the current year.

Insider Buying and Selling by Quarter for Tucows (NASDAQ:TCX)

A number of large investors have recently made changes to their positions in TCX. Van Berkom & Associates Inc. acquired a new stake in shares of Tucows during the second quarter valued at $142,000. Royal Bank of Canada boosted its stake 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 in the last quarter. Finally, Investmentaktiengesellschaft Fuer Langfristige Investoren TGV acquired a new stake in shares of Tucows during the second quarter valued at $463,000. Institutional investors own 19.97% of the company’s stock.

Several equities research analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Tucows from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 11th. Cantor Fitzgerald reissued a “buy” rating and set a $36.00 target price on shares of Tucows in a research report on Friday, August 26th.

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.

5 Day Chart for NASDAQ:TCX

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.

Leave a Reply

© 2006-2016 Mideast Time.