Michael Goldstein Sells 4,163 Shares of Tucows Inc. (TCX) Stock

Tucows Inc. (NASDAQ:TCX) (TSE:TC) VP Michael Goldstein sold 4,163 shares of Tucows stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of $56.83, for a total transaction of $236,583.29. The sale was disclosed in a document filed with the SEC, which is available at this link.

Michael Goldstein also recently made the following trade(s):

  • On Friday, May 12th, Michael Goldstein sold 9,876 shares of Tucows stock. The stock was sold at an average price of $58.76, for a total transaction of $580,313.76.

Tucows Inc. (NASDAQ:TCX) traded up 1.22% on Friday, reaching $58.30. 17,942 shares of the company’s stock were exchanged. Tucows Inc. has a 1-year low of $22.82 and a 1-year high of $63.20. The firm has a market capitalization of $612.67 million, a price-to-earnings ratio of 44.23 and a beta of 1.42. The stock’s 50 day moving average price is $57.15 and its 200 day moving average price is $44.68.

Tucows (NASDAQ:TCX) last released its quarterly earnings data on Tuesday, May 9th. The information services provider reported $0.34 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.47 by $0.13. Tucows had a return on equity of 51.56% and a net margin of 8.41%. The firm had revenue of $69.60 million during the quarter, compared to analyst estimates of $84.05 million. During the same period last year, the business earned $0.42 EPS. The firm’s revenue was up 55.7% on a year-over-year basis. On average, analysts expect that Tucows Inc. will post $2.20 earnings per share for the current year.

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

COPYRIGHT VIOLATION WARNING: “Michael Goldstein Sells 4,163 Shares of Tucows Inc. (TCX) Stock” was first posted by Chaffey Breeze and is owned by of Chaffey Breeze. If you are accessing this news story on another site, it was illegally copied and republished in violation of U.S. & international copyright & trademark legislation. The correct version of this news story can be read at https://www.chaffeybreeze.com/2017/05/19/michael-goldstein-sells-4163-shares-of-tucows-inc-tcx-stock.html.

Several hedge funds have recently added to or reduced their stakes in TCX. Segantii Capital Management Ltd purchased a new stake in Tucows during the first quarter worth $189,000. Spark Investment Management LLC purchased a new stake in Tucows during the third quarter worth $217,000. O Shaughnessy Asset Management LLC purchased a new stake in Tucows during the fourth quarter worth $221,000. Bard Associates Inc. purchased a new stake in Tucows during the first quarter worth $236,000. Finally, BlueCrest Capital Management Ltd purchased a new stake in Tucows during the first quarter worth $249,000. 22.48% of the stock is currently owned by institutional investors and hedge funds.

Separately, Zacks Investment Research upgraded shares of Tucows from a “hold” rating to a “strong-buy” rating and set a $55.00 price objective on the stock in a research note on Wednesday, January 25th.

Tucows Company Profile

Tucows Inc is engaged in providing Internet services. The Company’s segments include Network Access Services and Domain Services. The Network Access Services segment includes mobile, fixed high-speed Internet access services, Internet hosting and network consulting services. The Domain Services segment wholesale and retail domain name registration services, value added services and portfolio 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.

Latest News

Leave a Reply