Tucows Inc. (NASDAQ:TCX) (TSE:TC) Director Jeffrey Nathan Schwartz sold 3,000 shares of Tucows stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of $80.50, for a total value of $241,500.00. Following the completion of the transaction, the director now owns 12,625 shares of the company’s stock, valued at approximately $1,016,312.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

TCX opened at $78.87 on Thursday. The stock has a market capitalization of $840.34 million, a P/E ratio of 49.60 and a beta of 0.77. Tucows Inc. has a 12 month low of $49.69 and a 12 month high of $81.77. The company has a quick ratio of 0.78, a current ratio of 0.80 and a debt-to-equity ratio of 0.58.

Tucows (NASDAQ:TCX) (TSE:TC) last released its quarterly earnings results on Wednesday, February 13th. The information services provider reported $0.41 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.47 by ($0.06). The company had revenue of $85.60 million during the quarter, compared to analysts’ expectations of $84.00 million. Tucows had a return on equity of 23.64% and a net margin of 4.95%. The company’s revenue was down 5.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.04 EPS. Analysts anticipate that Tucows Inc. will post 2.01 earnings per share for the current year.

Several research analysts recently commented on the company. BidaskClub upgraded Tucows from a “hold” rating to a “buy” rating in a research report on Friday, January 25th. ValuEngine upgraded Tucows from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 1st. Finally, Echelon Wealth Partners reiterated a “buy” rating on shares of Tucows in a research report on Tuesday, March 19th.

A number of hedge funds and other institutional investors have recently made changes to their positions in TCX. Quantamental Technologies LLC purchased a new position in Tucows in the fourth quarter worth $78,000. Legal & General Group Plc grew its stake in shares of Tucows by 17.5% in the 4th quarter. Legal & General Group Plc now owns 1,794 shares of the information services provider’s stock valued at $108,000 after buying an additional 267 shares during the period. BlueMountain Capital Management LLC grew its stake in shares of Tucows by 344.0% in the 3rd quarter. BlueMountain Capital Management LLC now owns 2,575 shares of the information services provider’s stock valued at $144,000 after buying an additional 1,995 shares during the period. Metropolitan Life Insurance Co. NY grew its stake in shares of Tucows by 356.7% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 3,115 shares of the information services provider’s stock valued at $187,000 after buying an additional 2,433 shares during the period. Finally, CLARET ASSET MANAGEMENT Corp grew its stake in shares of Tucows by 4.2% in the 4th quarter. CLARET ASSET MANAGEMENT Corp now owns 5,217 shares of the information services provider’s stock valued at $314,000 after buying an additional 211 shares during the period. 58.54% of the stock is owned by institutional investors and hedge funds.

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About Tucows

Tucows Inc provides network access, domain name registration, email, mobile telephony, and other Internet services in Canada, the United States, and Germany. It operates in two segments, Network Access Services and Domain Services. The Network Access Services segment offers mobile and fixed high-speed Internet access services, and Internet hosting and network consulting services.

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