Geode Capital Management LLC Boosts Stock Holdings in Tucows Inc. (NASDAQ:TCX)

Geode Capital Management LLC boosted its position in Tucows Inc. (NASDAQ:TCX) (TSE:TC) by 2.8% in the third quarter, Holdings Channel.com reports. The firm owned 200,263 shares of the information services provider’s stock after acquiring an additional 5,503 shares during the quarter. Geode Capital Management LLC’s holdings in Tucows were worth $4,185,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in TCX. Barclays PLC raised its stake in shares of Tucows by 307.6% during the 3rd quarter. Barclays PLC now owns 11,385 shares of the information services provider’s stock worth $238,000 after buying an additional 8,592 shares in the last quarter. Bard Associates Inc. raised its position in Tucows by 22.3% in the third quarter. Bard Associates Inc. now owns 24,395 shares of the information services provider’s stock worth $510,000 after acquiring an additional 4,450 shares in the last quarter. Finally, Jane Street Group LLC lifted its holdings in Tucows by 7.6% in the third quarter. Jane Street Group LLC now owns 13,646 shares of the information services provider’s stock valued at $285,000 after acquiring an additional 966 shares during the period. Hedge funds and other institutional investors own 73.64% of the company’s stock.

Tucows Stock Performance

Shares of NASDAQ TCX opened at $16.46 on Monday. Tucows Inc. has a one year low of $15.01 and a one year high of $26.48. The firm has a market capitalization of $181.14 million, a P/E ratio of -1.99 and a beta of 0.82. The company’s fifty day moving average is $17.05 and its two-hundred day moving average is $19.67.

Insider Activity at Tucows

In related news, CEO Elliot Noss sold 1,500 shares of the firm’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 transaction, the chief executive officer now directly owns 485,758 shares of the company’s stock, valued at $9,239,117.16. This trade represents a 0.31 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold 6,000 shares of company stock worth $115,440 over the last 90 days. Company insiders own 11.60% of the company’s stock.

Tucows Company Profile

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.