Tucows Inc. (TCX) Director Rawleigh Hazen Iv Ralls Sells 25,000 Shares of Stock
Tucows Inc. (NASDAQ:TCX) Director Rawleigh Hazen Iv Ralls sold 25,000 shares of the business’s stock in a transaction on Friday, September 23rd. The shares were sold at an average price of $29.34, for a total transaction of $733,500.00. Following the sale, the director now directly owns 232,142 shares of the company’s stock, valued at $6,811,046.28. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Rawleigh Hazen Iv Ralls also recently made the following trade(s):
- On Tuesday, September 6th, Rawleigh Hazen Iv Ralls sold 50,000 shares of Tucows stock. The stock was sold at an average price of $27.46, for a total transaction of $1,373,000.00.
Shares of Tucows Inc. (NASDAQ:TCX) opened at 31.19 on Wednesday. The stock has a market capitalization of $325.12 million, a PE ratio of 23.16 and a beta of 0.95. Tucows Inc. has a 12 month low of $17.67 and a 12 month high of $32.03. The company’s 50-day moving average is $27.73 and its 200-day moving average is $25.46.
Tucows (NASDAQ:TCX) last issued its quarterly earnings results on Monday, August 8th. The company reported $0.39 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.35 by $0.04. The business earned $47.50 million during the quarter, compared to the consensus estimate of $48.90 million. Tucows had a net margin of 8.08% and a return on equity of 52.28%. The firm’s quarterly revenue was up 10.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.21 EPS. Equities research analysts expect that Tucows Inc. will post $1.53 earnings per share for the current fiscal year.
A number of analysts recently weighed in on the stock. Cantor Fitzgerald reaffirmed a “buy” rating and set a $36.00 price target on shares of Tucows in a research report on Friday, August 26th. Zacks Investment Research cut shares of Tucows from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 11th.
Several large investors have recently modified their holdings of TCX. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV purchased a new stake in shares of Tucows during the second quarter valued at approximately $463,000. Royal Bank of Canada increased its stake in shares of Tucows by 82.9% in the second quarter. Royal Bank of Canada now owns 12,647 shares of the company’s stock valued at $308,000 after buying an additional 5,732 shares during the period. Finally, Van Berkom & Associates Inc. purchased a new stake in shares of Tucows during the second quarter valued at approximately $142,000. Institutional investors and hedge funds own 19.97% of the company’s stock.
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 & Stock 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 stocks with our FREE daily email newsletter.