Price Don’t Lie: What’s Next for Tucows Inc. (USA) After Today’s Huge Increase?

Price Don't Lie: What's Next for Tucows Inc. (USA) After Today's Huge Increase?

The stock of Tucows Inc. (USA) (NASDAQ:TCX) is a huge mover today! The stock increased 3.11% or $1 on November 22, hitting $33.15. About 88,774 shares traded hands or 45.91% up from the average. Tucows Inc. (USA) (NASDAQ:TCX) has risen 23.94% since April 20, 2016 and is uptrending. It has outperformed by 19.38% the S&P500.
The move comes after 5 months positive chart setup for the $346.50 million company. It was reported on Nov, 22 by Barchart.com. We have $36.13 PT which if reached, will make NASDAQ:TCX worth $31.19M more.

According to Zacks Investment Research, “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.”

Insitutional Activity: The institutional sentiment increased to 1.82 in Q2 2016. Its up 1.50, from 0.32 in 2016Q1. The ratio is positive, as 12 funds sold all Tucows Inc. (USA) shares owned while 13 reduced positions. 2 funds bought stakes while 6 increased positions. They now own 2.04 million shares or 16.20% less from 2.43 million shares in 2016Q1.
Marathon Cap last reported 0.18% of its portfolio in the stock. The California-based Magee Thomson Invest Prtn Limited Liability Company has invested 0% in Tucows Inc. (USA) (NASDAQ:TCX). Grp Incorporated One Trading Ltd Partnership owns 1,136 shares or 0% of their US portfolio. Balyasny Asset Mngmt Llc holds 0% or 9,120 shares in its portfolio. The Quebec – Canada-based Van Berkom And Assoc has invested 0.01% in Tucows Inc. (USA) (NASDAQ:TCX). Citadel Llc has 0% invested in the company for 8,672 shares. Tower Rech Capital Limited Liability (Trc), a New York-based fund reported 499 shares. Rbf Cap Llc holds 12,683 shares or 0.06% of its portfolio. Royal Bancorp Of Canada holds 0% or 12,647 shares in its portfolio. The Ontario – Canada-based Polar Asset Mngmt Prns Inc has invested 0.18% in Tucows Inc. (USA) (NASDAQ:TCX). Kj Harrison Prtn Inc holds 0.73% of its portfolio in Tucows Inc. (USA) (NASDAQ:TCX) for 56,127 shares. Acadian Asset Mgmt Ltd holds 0.01% or 49,963 shares in its portfolio. Wedge Capital Mngmt L L P Nc has 15,473 shares for 0% of their US portfolio. California Public Employees Retirement Sys holds 0% of its portfolio in Tucows Inc. (USA) (NASDAQ:TCX) for 34,500 shares. Deutsche Fincl Bank Ag owns 1,749 shares or 0% of their US portfolio.

Insider Transactions: Since September 1, 2016, the stock had 0 buys, and 7 selling transactions for $3.70 million net activity. Karp Allen had sold 5,000 shares worth $199,464. 25,000 shares were sold by Ralls Rawleigh Hazen IV, worth $733,410 on Thursday, September 22. 13,125 shares were sold by Schwartz Jeffrey Nathan, worth $402,322 on Monday, September 26. Another trade for 2,000 shares valued at $57,348 was made by Woroch David John on Wednesday, September 21. 10,000 shares with value of $272,500 were sold by GISSIN EREZ on Thursday, September 1. Another trade for 20,708 shares valued at $665,247 was sold by Goertz Carla Anne.

Another recent and important Tucows Inc. (USA) (NASDAQ:TCX) news was published by Businesswire.com which published an article titled: “Tigo® Announces Stanley Stern to Join the Board of Directors” on November 05, 2015.

TCX Company Profile

Tucows Inc., incorporated on November 5, 1992, is engaged in providing Internet services. The Company’s divisions include Domain Services and Network Access Services. The Domain Services segment has over three service offerings, being wholesale and retail domain name registration services, value added services and portfolio. The Network Access Services segment includes mobile services and other services. The Firm focuses on serving the needs of network of resellers by providing services, interfaces, customer service, reseller-oriented technology, and design and development processes. The Firm focuses its service offerings under brands, including OpenSRS, YummyNames, Platypus, Hover and Ting.

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