Tucows Inc. (NASDAQ:TCX) (TSE:TC) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Friday.

According to Zacks, “Tucows Inc. is a pioneering provider of personalized information agents and Web sites. They deliver information over the Internet and other communications mediums such as email. Their sites provide users with relevant information they cannot conveniently locate in any one place elsewhere on the Internet. “

Separately, BidaskClub raised Tucows from a “hold” rating to a “buy” rating in a research note on Sunday, July 16th.

Tucows (TCX) opened at 54.95 on Friday. Tucows has a one year low of $26.42 and a one year high of $63.20. The company has a market cap of $579.83 million, a PE ratio of 38.72 and a beta of 1.36. The firm’s 50-day moving average price is $55.62 and its 200-day moving average price is $53.85.

Tucows (NASDAQ:TCX) (TSE:TC) last issued its earnings results on Tuesday, May 9th. The information services provider reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by $0.13. The firm had revenue of $69.60 million during the quarter, compared to analyst estimates of $84.05 million. Tucows had a return on equity of 43.78% and a net margin of 6.06%. Tucows’s revenue for the quarter was up 55.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.42 EPS. On average, equities research analysts forecast that Tucows will post $2.20 earnings per share for the current fiscal year.

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In other news, Director Allen Karp sold 1,900 shares of the stock in a transaction dated Thursday, June 22nd. The stock was sold at an average price of $59.92, for a total value of $113,848.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Davinder Singh sold 1,236 shares of the stock in a transaction dated Thursday, June 8th. The shares were sold at an average price of $60.00, for a total value of $74,160.00. Following the completion of the sale, the chief financial officer now directly owns 1,764 shares of the company’s stock, valued at approximately $105,840. The disclosure for this sale can be found here. In the last three months, insiders sold 175,825 shares of company stock valued at $10,192,803. Insiders own 13.20% of the company’s stock.

Several large investors have recently made changes to their positions in the stock. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV raised its stake in shares of Tucows by 86.2% in the first quarter. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV now owns 472,950 shares of the information services provider’s stock valued at $24,145,000 after buying an additional 218,989 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Tucows during the first quarter valued at approximately $5,619,000. CLS Investments LLC acquired a new stake in shares of Tucows during the first quarter valued at approximately $2,237,000. TD Asset Management Inc. acquired a new stake in shares of Tucows during the first quarter valued at approximately $263,000. Finally, Airain ltd acquired a new stake in shares of Tucows during the first quarter valued at approximately $288,000. Institutional investors own 31.84% of the company’s stock.

About Tucows

Tucows Inc is engaged in providing Internet services. The Company’s segments include Network Access Services and Domain Services. The Network Access Services segment includes mobile, fixed high-speed Internet access services, Internet hosting and network consulting services. The Domain Services segment wholesale and retail domain name registration services, value added services and portfolio services.

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