Tucows Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

LSE:0LH4 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
07 May 25	SellUS$35,916	Elliot Noss	Individual	2,200	US$16.50
09 Apr 25	SellUS$4,479	Elliot Noss	Individual	300	US$14.94
07 Apr 25	SellUS$23,953	Elliot Noss	Individual	1,500	US$16.25

Insider Trading Volume

Insider Buying: 0LH4 insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of 0LH4?
Owner Type	Number of Shares	Ownership Percentage
Hedge Funds	1,091,985	9.88%
General Public	1,845,944	16.7%
Individual Insiders	2,232,664	20.2%
Institutions	5,886,519	53.2%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 79.11% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
19.1%	EdgePoint Investment Group Inc.	2,106,165	US$39.5m	0%	0.19%
12.8%	Norman Rentrop	1,413,439	US$26.5m	0%	no data
9.88%	Blacksheep Fund Management Limited	1,091,985	US$20.5m	20.8%	3.98%
5.25%	Elliot Noss	580,077	US$10.9m	-8.5%	no data
5.22%	BlackRock, Inc.	577,338	US$10.8m	-2.02%	no data
4.62%	Universal Investment GmbH	510,989	US$9.6m	-4.83%	0.02%
4.4%	The Vanguard Group, Inc.	486,371	US$9.1m	-0.95%	no data
1.87%	Monega Kapitalanlagegesellschaft mbH	207,000	US$3.9m	0%	0.62%
1.86%	Geode Capital Management, LLC	205,413	US$3.9m	1.56%	no data
1.67%	State Street Global Advisors, Inc.	184,449	US$3.5m	-5.27%	no data
1.58%	Truffle Capital S.A.S.	175,005	US$3.3m	0%	4.62%
1.48%	Baader Bank AG, Asset Management Arm	163,477	US$3.1m	0%	0.21%
1.38%	Renaissance Technologies LLC	152,651	US$2.9m	-2.05%	no data
1.31%	Fiducia Treuhand Ag, Asset Management Arm	144,438	US$2.7m	0%	12.96%
1.13%	David Woroch	125,348	US$2.4m	0%	no data
0.99%	BN & Partners Capital AG, Asset Management Arm	109,450	US$2.1m	0%	1.35%
0.88%	Shareholder Value Management Aktiengesellschaft	96,792	US$1.8m	0%	0.19%
0.72%	Charles Schwab Investment Management, Inc.	79,139	US$1.5m	-1.59%	no data
0.67%	Northern Trust Global Investments	74,359	US$1.4m	-5.63%	no data
0.54%	Citadel Advisors LLC	59,344	US$1.1m	123%	no data
0.46%	Rubicon Equities GmBH	51,050	US$957.2k	0%	2.79%
0.41%	K.J. Harrison & Partners Inc.	45,001	US$843.8k	0%	0.16%
0.35%	GSA Capital Partners LLP	38,199	US$716.2k	124%	0.07%
0.33%	Susquehanna International Group, LLP, Asset Management Arm	36,924	US$692.3k	0%	no data
0.3%	D. E. Shaw & Co., L.P.	32,803	US$615.1k	37.2%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/25 16:11
End of Day Share Price	2025/05/23 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tucows Inc. is covered by 9 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Nicholas Cortellucci	Atrium Research
Thanos Moschopoulos	BMO Capital Markets Equity Research
Scott Curtis	Cantor Fitzgerald Canada Corporation