GSA Capital Partners LLP Sells 17,263 Shares of Tucows Inc. (NASDAQ:TCX)

GSA Capital Partners LLP trimmed its position in Tucows Inc. (NASDAQ:TCX) (TSE:TC) by 32.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 35,215 shares of the information services provider’s stock after selling 17,263 shares during the period. GSA Capital Partners LLP’s holdings in Tucows were worth $736,000 as of its most recent SEC filing.

Separately, Vanguard Group Inc. grew its position in Tucows by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 698,465 shares of the information services provider’s stock valued at $12,964,000 after purchasing an additional 4,234 shares during the last quarter. 73.64% of the stock is owned by institutional investors and hedge funds.

Tucows Stock Up 1.5 %

Tucows stock opened at $15.99 on Monday. Tucows Inc. has a 52-week low of $15.01 and a 52-week high of $28.66. The company has a market cap of $176.05 million, a P/E ratio of -1.93 and a beta of 0.85. The business has a 50-day simple moving average of $19.67 and a two-hundred day simple moving average of $20.47.

Insider Buying and Selling at Tucows

In other Tucows news, CEO Elliot Noss sold 5,700 shares of the company’s stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $22.03, for a total value of $125,571.00. Following the completion of the sale, the chief executive officer now owns 511,058 shares in the company, valued at $11,258,607.74. This represents a 1.10 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Over the last ninety days, insiders sold 18,000 shares of company stock valued at $369,639. Insiders own 11.60% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Tucows from a “sell” rating to a “hold” rating in a research note on Monday, August 12th.

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.