TD Asset Management Inc. raised its stake in Tucows Inc. (NASDAQ:TCX) (TSE:TC) by 41.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,899 shares of the information services provider’s stock after acquiring an additional 2,300 shares during the quarter. TD Asset Management Inc. owned approximately 0.07% of Tucows worth $462,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TCX. Pembroke Management LTD purchased a new stake in shares of Tucows during the 3rd quarter valued at approximately $32,284,000. Wasatch Advisors Inc. lifted its stake in shares of Tucows by 5.1% during the 3rd quarter. Wasatch Advisors Inc. now owns 131,356 shares of the information services provider’s stock valued at $7,691,000 after buying an additional 6,317 shares in the last quarter. SG Americas Securities LLC purchased a new stake in shares of Tucows during the 3rd quarter valued at approximately $241,000. Advisor Group Inc. lifted its stake in shares of Tucows by 59.9% during the 3rd quarter. Advisor Group Inc. now owns 2,783 shares of the information services provider’s stock valued at $163,000 after buying an additional 1,043 shares in the last quarter. Finally, California State Teachers Retirement System purchased a new stake in shares of Tucows during the 2nd quarter valued at approximately $856,000. Hedge funds and other institutional investors own 54.68% of the company’s stock.

Shares of Tucows Inc. (NASDAQ:TCX) opened at $62.05 on Friday. The company has a market cap of $657.92, a P/E ratio of 43.90 and a beta of 1.33. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.82 and a current ratio of 0.83. Tucows Inc. has a 52 week low of $34.45 and a 52 week high of $64.65.

A number of analysts recently commented on the stock. Zacks Investment Research cut shares of Tucows from a “hold” rating to a “sell” rating in a research note on Saturday, November 18th. BidaskClub cut shares of Tucows from a “buy” rating to a “hold” rating in a research note on Friday, October 13th.

In related news, Director Erez Gissin sold 3,563 shares of the company’s stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $62.30, for a total transaction of $221,974.90. Following the sale, the director now owns 1,511 shares of the company’s stock, valued at approximately $94,135.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Allen Karp sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $63.31, for a total transaction of $189,930.00. The disclosure for this sale can be found here. Insiders have sold a total of 44,257 shares of company stock worth $2,432,155 over the last 90 days. 13.20% of the stock is currently owned by corporate insiders.

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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.

Institutional Ownership by Quarter for Tucows (NASDAQ:TCX)

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