Tucows Inc (NASDAQ:TCX) Move as Institutional Investors’ Sentiment Drops

July 14, 2018 - By Hannah Black

Tucows Inc. (NASDAQ:TCX) Logo

Sentiment for Tucows Inc (NASDAQ:TCX)

Tucows Inc (NASDAQ:TCX) institutional sentiment decreased to 1.17 in Q1 2018. Its down -0.27, from 1.44 in 2017Q4. The ratio turned negative, as 34 hedge funds increased and opened new equity positions, while 29 cut down and sold their positions in Tucows Inc. The hedge funds in our partner’s database now possess: 5.68 million shares, up from 5.38 million shares in 2017Q4. Also, the number of hedge funds holding Tucows Inc in their top 10 equity positions was flat from 3 to 3 for the same number . Sold All: 6 Reduced: 23 Increased: 23 New Position: 11.

Tucows Inc. provides network access, domain name registration, email, mobile telephony, and other Internet services in the United States, Canada, and Germany. The company has market cap of $629.32 million. It operates in two divisions, Network Access Services and Domain Services. It has a 27.12 P/E ratio. The Network Access Services segment offers mobile and fixed high-speed Internet access services under the Ting brand, and Internet hosting and network consulting services.

The stock increased 0.68% or $0.4 during the last trading session, reaching $59.4. About 74,812 shares traded or 1.70% up from the average. Tucows Inc. (NASDAQ:TCX) has risen 4.98% since July 14, 2017 and is uptrending. It has underperformed by 7.59% the S&P500.

Osmium Partners Llc holds 12.28% of its portfolio in Tucows Inc. for 333,179 shares. Investmentaktiengesellschaft Fuer Langfristige Investoren Tgv owns 1.03 million shares or 9.3% of their US portfolio. Moreover, Pembroke Management Ltd has 3.26% invested in the company for 439,984 shares. The Quebec – Canada-based Van Berkom & Associates Inc. has invested 1.12% in the stock. K.J. Harrison & Partners Inc, a Ontario – Canada-based fund reported 56,127 shares.

Since January 1, 0001, it had 0 insider buys, and 4 sales for $1.52 million activity.

Another recent and important Tucows Inc. (NASDAQ:TCX) news was published by Fool.ca which published an article titled: “Tucows Inc. (TSX:TC): Buy on the Dip?” on July 09, 2018.

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