Interactive Brokers shares jump as it secures spot in S&P 500
Elliot Noss, Chief Executive Officer of Tucows Inc (NASDAQ:TCX), sold 5,600 shares of common stock between July 7 and July 9, 2025, according to a recent SEC Form 4 filing. The sales, executed under a pre-arranged 10b5-1 trading plan, totaled $115,956. The transactions come as TCX shares have gained over 26% in the past six months, despite the company facing profitability challenges with a negative earnings per share of -$8.97 in the last twelve months.
On July 7, Noss sold 2,600 shares at prices ranging from $20.48 to $20.52. This was followed by a sale of 2,500 shares on July 8, at prices between $20.66 and $20.91. The final sale occurred on July 9, with 500 shares sold at $21.21.
Following these transactions, Noss directly owns 446,498 shares of Tucows Inc. common stock. The filing also indicates indirect ownership of shares held in various accounts, including 114,670 shares in an EN RRSP, 1,639 shares in an EN TFSA, 6,000 shares in an EN US Retirement Savings Account, and 2,470 shares held by a spouse. Noss disclaims beneficial ownership of the shares held by the spouse.
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