Tucows Inc. (NASDAQ:TCX), saw an insider gain holdings in the company. Director Allen Karp acquired 9,375 shares of common stock at an average of $2.24 per share through a transaction that started July 3rd and was filed July 7th. After this transaction, Karp directly holds 28,750 shares in the company while indirectly holding 5,000 shares in Tucows Inc. (NASDAQ:TCX), the $147.99 million market cap corporation that focuses on serving the needs of network of resellers by providing services, interfaces, customer service, reseller-oriented technology and design and development processes.
Moreover, there are two major hedge funds involved with the company. John H. Lewis‘ Osmium Partners reported a 2% increase in it’s activity last quarter, now with 1,077,958 worth about $13.6 million; while Renaissance Technologies, the hedge fund run by Jim Simons, reported no change in it’s involvement with the company over the last quarter, now holding 487,850 shares worth approximately $6.1 million in Tucows Inc. (NASDAQ:TCX).
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.