|Bid||89.40 x 800|
|Ask||90.63 x 1000|
|Day's Range||77.00 - 94.20|
|52 Week Range||42.50 - 94.20|
|Beta (5Y Monthly)||0.72|
|PE Ratio (TTM)||103.43|
|Earnings Date||Nov 17, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||71.26|
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
A Form 4 filing filed with the SEC on Tuesday, December 15 showed that EVP Wholesale Woroch David John sold 4,000 shares of Tucows Inc (NASDAQ:TCX) at an average price of $76.34. The transaction moved the executive's stake in Tucows Inc. to 61,372 shares. Tucows was trading 0.5% lower from the previous closing price.Why Insider Transactions Are Important? Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision.Insiders buying stock after a notable sell off can indicate an insider's long-term belief in the success of the company; insiders buying stock at new highs can be an indication the exec doesn't feel the stock is overvalued. Insiders who sell stock at new lows could be anticipating some capitulation moment. If the insider sells at new highs, it could point to the intention to "take some profit" and "lock in a gain."Important Transaction Codes Investors prefer focusing on transactions which take place in the open market, indicated in the Form 4 with codes P for purchase and S for sale. If the transaction was an open-market transaction, that means that the insider made a concious decision for the company's stock moving forward.Transaction codes besides P or S aren't relatively important as they are seldom tied to a decision by the executive. For example, transaction code A is indicative of an insider being forced to sell shares to attain compensation. Moreover, transaction code C indicates the conversion of an option.See more from Benzinga * Click here for options trades from Benzinga * Stocks That Hit 52-Week Highs On Tuesday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
The Insider Monkey team has completed processing the quarterly 13F filings for the September quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as […]