Tucows Inc. $TCX Shares Sold by Invesco Ltd.

Invesco Ltd. cut its stake in Tucows Inc. (NASDAQ:TCX) (TSE:TC) by 19.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,871 shares of the information services provider’s stock after selling 4,934 shares during the quarter. Invesco Ltd. owned approximately 0.18% of Tucows worth $335,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of TCX. Wells Fargo & Company MN increased its position in shares of Tucows by 25.9% in the fourth quarter. Wells Fargo & Company MN now owns 4,213 shares of the information services provider’s stock valued at $72,000 after buying an additional 867 shares in the last quarter. Barclays PLC grew its stake in Tucows by 10.9% in the 4th quarter. Barclays PLC now owns 12,625 shares of the information services provider’s stock valued at $216,000 after acquiring an additional 1,240 shares during the period. Northern Trust Corp grew its stake in Tucows by 1.5% in the 4th quarter. Northern Trust Corp now owns 78,791 shares of the information services provider’s stock valued at $1,350,000 after acquiring an additional 1,181 shares during the period. Jane Street Group LLC grew its stake in Tucows by 45.8% in the 4th quarter. Jane Street Group LLC now owns 19,901 shares of the information services provider’s stock valued at $341,000 after acquiring an additional 6,255 shares during the period. Finally, Bank of America Corp DE grew its stake in Tucows by 34.2% in the 4th quarter. Bank of America Corp DE now owns 9,604 shares of the information services provider’s stock valued at $165,000 after acquiring an additional 2,448 shares during the period. 73.64% of the stock is owned by institutional investors and hedge funds.

Tucows Stock Performance

Tucows stock opened at $17.83 on Friday. The company’s fifty day moving average price is $19.71 and its 200 day moving average price is $18.62. Tucows Inc. has a 1 year low of $13.27 and a 1 year high of $24.02. The stock has a market capitalization of $197.56 million, a P/E ratio of -2.00 and a beta of 0.81.

Tucows (NASDAQ:TCX) (TSE:TC) last released its quarterly earnings results on Thursday, August 7th. The information services provider reported ($1.41) earnings per share (EPS) for the quarter. The company had revenue of $98.46 million for the quarter.

Insider Transactions at Tucows

In related news, CEO Elliot Noss sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, July 10th. The stock was sold at an average price of $21.87, for a total transaction of $43,740.00. Following the completion of the sale, the chief executive officer directly owned 444,498 shares in the company, valued at approximately $9,721,171.26. The trade was a 0.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last 90 days, insiders have sold 12,000 shares of company stock valued at $252,366. 9.40% of the stock is currently owned by company insiders.

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.