Key Points
- Telos EVP Gary Bendza sold 200,000 shares at an average price of $4.55, generating $910,000 and reducing his ownership by 27.14% to 537,008 shares.
- Telos recently reported quarterly EPS of $0.04, beating estimates by $0.02, while revenue of $47.75 million exceeded expectations; however, the company remains unprofitable with a negative net margin.
- Analyst sentiment is mixed, with an overall “Hold” rating and an average price target of $6.50. Telos shares opened at $4.68, with institutional investors owning 62.14% of the stock.
Telos Corporation (NASDAQ:TLS - Get Free Report) EVP Gary Bendza sold 200,000 shares of the business's stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $4.55, for a total transaction of $910,000.00. Following the transaction, the executive vice president owned 537,008 shares in the company, valued at approximately $2,443,386.40. The trade was a 27.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Gary Mark Bendza also recently made the following trade(s):
- On Friday, June 26th, Gary Bendza sold 80,140 shares of Telos stock. The shares were sold at an average price of $4.41, for a total transaction of $353,417.40.
- On Thursday, June 25th, Gary Bendza sold 97,976 shares of Telos stock. The shares were sold at an average price of $4.19, for a total transaction of $410,519.44.
- On Wednesday, June 24th, Gary Bendza sold 71,884 shares of Telos stock. The shares were sold at an average price of $4.36, for a total transaction of $313,414.24.
Telos Stock Up 1.5%
Telos stock opened at $4.68 on Friday. The firm has a market capitalization of $349.78 million, a PE ratio of -22.28 and a beta of 0.98. The company's 50-day moving average is $4.62 and its 200-day moving average is $4.46. Telos Corporation has a fifty-two week low of $3.79 and a fifty-two week high of $8.36. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.38 and a quick ratio of 2.26.
Telos (NASDAQ:TLS - Get Free Report) last issued its earnings results on Monday, August 10th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.02 by $0.02. Telos had a negative net margin of 8.13% and a negative return on equity of 2.60%. The company had revenue of $47.75 million for the quarter, compared to analysts' expectations of $45.16 million. Sell-side analysts anticipate that Telos Corporation will post -0.05 earnings per share for the current year.
Analyst Upgrades and Downgrades
TLS has been the topic of several research analyst reports. Weiss Ratings upgraded Telos from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Wednesday, August 26th. Wall Street Zen downgraded Telos from a "buy" rating to a "hold" rating in a research note on Saturday, August 29th. Wedbush lowered Telos from an "outperform" rating to a "neutral" rating and set a $5.00 target price on the stock. in a report on Thursday. Needham & Company LLC assumed coverage on Telos in a research note on Tuesday, May 26th. They issued a "buy" rating and a $6.00 price target on the stock. Finally, Zacks Research raised Telos from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 20th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $6.50.
Read Our Latest Research Report on TLS
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the stock. Covestor Ltd bought a new position in Telos in the 4th quarter valued at about $29,000. Integrated Wealth Concepts LLC acquired a new position in shares of Telos in the second quarter valued at approximately $34,000. Quarry LP acquired a new position in shares of Telos in the fourth quarter valued at approximately $39,000. Pinnacle Wealth Management Advisory Group LLC bought a new position in shares of Telos during the first quarter worth approximately $43,000. Finally, Entropy Technologies LP bought a new position in shares of Telos during the fourth quarter worth approximately $55,000. Institutional investors and hedge funds own 62.14% of the company's stock.
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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