Key Points
- Director Derrick Dockery sold 11,000 Telos shares at an average price of $4.34, generating $47,740 and reducing his direct holdings by 6.13% to 168,591 shares.
- Telos shares traded up 6.0% to $4.60 after the company reported quarterly EPS of $0.04, beating the $0.02 consensus estimate, while revenue of $47.75 million also exceeded expectations.
- Analyst sentiment remains mixed, with Telos carrying a consensus “Hold” rating and a $7.10 price target; institutional investors own 62.14% of the company.
Telos Corporation (NASDAQ:TLS - Get Free Report) Director Derrick Dockery sold 11,000 shares of Telos stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $4.34, for a total transaction of $47,740.00. Following the sale, the director directly owned 168,591 shares of the company's stock, valued at $731,684.94. This trade represents a 6.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Telos Trading Up 6.0%
Telos stock opened at $4.60 on Friday. Telos Corporation has a 12 month low of $3.79 and a 12 month high of $8.36. The company has a quick ratio of 2.59, a current ratio of 2.59 and a debt-to-equity ratio of 0.05. The stock has a market cap of $343.80 million, a P/E ratio of -21.90 and a beta of 1.00. The company's fifty day simple moving average is $4.57 and its 200-day simple moving average is $4.50.
Telos (NASDAQ:TLS - Get Free Report) last announced its quarterly earnings data on Monday, August 10th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.02. Telos had a negative return on equity of 2.53% and a negative net margin of 8.13%.The business had revenue of $47.75 million during the quarter, compared to analyst estimates of $45.16 million. As a group, sell-side analysts forecast that Telos Corporation will post -0.2 EPS for the current fiscal year.
Institutional Investors Weigh In On Telos
Large investors have recently bought and sold shares of the business. Weber Capital Management LLC ADV bought a new position in Telos during the fourth quarter valued at about $9,152,000. Two Sigma Investments LP boosted its stake in shares of Telos by 322.9% during the 3rd quarter. Two Sigma Investments LP now owns 908,565 shares of the company's stock worth $6,215,000 after acquiring an additional 693,716 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Telos during the 2nd quarter valued at about $1,801,000. Marshall Wace LLP increased its holdings in shares of Telos by 161.6% during the 3rd quarter. Marshall Wace LLP now owns 911,148 shares of the company's stock valued at $6,232,000 after acquiring an additional 562,878 shares during the last quarter. Finally, Lazard Asset Management LLC bought a new position in shares of Telos in the 4th quarter valued at approximately $2,494,000. 62.14% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on TLS shares. Weiss Ratings lowered Telos from a "sell (d-)" rating to a "sell (e+)" rating in a report on Tuesday. Needham & Company LLC started coverage on Telos in a report on Tuesday, May 26th. They issued a "buy" rating and a $6.00 price objective on the stock. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Telos has an average rating of "Hold" and a consensus price target of $7.10.
View Our Latest Analysis on Telos
About Telos
(
Get Free Report)
Telos Corporation (NASDAQ: TLS) is a provider of cybersecurity, secure communications, and enterprise IT solutions designed to help organizations manage risk, accelerate mission delivery and maintain compliance. The company's core business activities encompass risk management and compliance automation, secure mobility, zero-trust architecture, cloud security, and identity and access management. Telos serves a diverse customer base that includes U.S. federal agencies, the Department of Defense, intelligence communities and select commercial enterprises.
Among its flagship offerings is the Xacta® platform, which automates assessment and authorization for IT systems and cloud environments, helping clients streamline compliance with NIST, FedRAMP and other frameworks.
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