Friday, September 22, 2017 10:15 PM ET
Insider Selling at Tucows (TCX) Continues with Significant Sale
One insider — Rawleigh Hazen Ralls, Director — today, disposed of 20,697 shares of Tucows having a market value of approximately $1,109,716, as indicated in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 68,058 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 88,755 shares and have averaged 29,585 shares per transaction over this time period.
The level of buy/sell trading at Tucows is is higher than the 42 peer company average over the last 90-day period. The Internet Services peer group saw 33 buy/sell trades during this period for an average of 0.8 transactions per company. The number of shares per buy/sell trade for Tucows insiders was also higher. Within the peer group there were 500 shares purchased and 907,528 shares sold with company insiders disposing of 27,486 shares on average.
The data obtained in evaluating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.
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