Tucows Inc. (NASDAQ:TCX) Shares Bought by Barclays PLC

Barclays PLC lifted its stake in shares of Tucows Inc. (NASDAQ:TCX) (TSE:TC) by 307.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,385 shares of the information services provider’s stock after buying an additional 8,592 shares during the quarter. Barclays PLC’s holdings in Tucows were worth $238,000 at the end of the most recent reporting period.

Separately, Jane Street Group LLC lifted its holdings in Tucows by 7.6% during the 3rd quarter. Jane Street Group LLC now owns 13,646 shares of the information services provider’s stock worth $285,000 after buying an additional 966 shares during the last quarter. 73.64% of the stock is currently owned by institutional investors.

Tucows Stock Performance

NASDAQ:TCX opened at $16.46 on Monday. Tucows Inc. has a 1 year low of $15.01 and a 1 year high of $26.48. The stock has a market cap of $181.14 million, a P/E ratio of -1.99 and a beta of 0.82. The stock has a 50-day simple moving average of $17.05 and a 200-day simple moving average of $19.67.

Insider Buying and Selling

In other Tucows news, CEO Elliot Noss sold 1,500 shares of the business’s stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $19.02, for a total value of $28,530.00. Following the completion of the sale, the chief executive officer now owns 485,758 shares in the company, valued at approximately $9,239,117.16. The trade was a 0.31 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold a total of 6,000 shares of company stock worth $115,440 over the last 90 days. 11.60% of the stock is owned by 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.