Key Points
- Kieran Brennan, SVP of TSS, sold 12,000 shares on March 16 at an average price of $12.27 for total proceeds of $147,240, reducing his stake by 4.12% to 279,137 shares, per an SEC filing.
- TSSI trades around $11.72 with a market cap of $338M; the company reported quarterly EPS of $0.41 on $60.91M revenue, and analysts have a consensus "Hold" with a $17.75 target.
TSS Inc. (NASDAQ:TSSI - Get Free Report) SVP Kieran Brennan sold 12,000 shares of TSS stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $12.27, for a total transaction of $147,240.00. Following the sale, the senior vice president owned 279,137 shares of the company's stock, valued at approximately $3,425,010.99. The trade was a 4.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
TSS Price Performance
TSSI stock opened at $11.72 on Wednesday. The firm has a 50 day simple moving average of $9.77 and a two-hundred day simple moving average of $12.03. The stock has a market cap of $338.06 million, a PE ratio of 22.11 and a beta of 2.12. TSS Inc. has a one year low of $5.63 and a one year high of $31.94. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.52 and a quick ratio of 1.35.
TSS (NASDAQ:TSSI - Get Free Report) last posted its quarterly earnings data on Wednesday, March 11th. The company reported $0.41 earnings per share for the quarter. TSS had a net margin of 6.16% and a return on equity of 55.11%. The firm had revenue of $60.91 million for the quarter.
Analysts Set New Price Targets
TSSI has been the subject of several research analyst reports. Zacks Research raised TSS to a "hold" rating in a research note on Tuesday, February 17th. Loop Capital set a $15.00 price objective on TSS in a research report on Monday, December 1st. Finally, Weiss Ratings reissued a "hold (c-)" rating on shares of TSS in a report on Monday, December 29th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $17.75.
View Our Latest Stock Report on TSSI
Institutional Investors Weigh In On TSS
A number of institutional investors have recently made changes to their positions in TSSI. California State Teachers Retirement System bought a new position in shares of TSS during the 2nd quarter valued at $33,000. Bank of America Corp DE bought a new stake in TSS in the fourth quarter worth $40,000. BNP Paribas Financial Markets purchased a new stake in TSS during the second quarter valued at about $45,000. Ameritas Investment Partners Inc. purchased a new stake in TSS during the second quarter valued at about $54,000. Finally, Legal & General Group Plc bought a new position in shares of TSS during the second quarter valued at about $59,000.
TSS Company Profile
(
Get Free Report)
TSS, Inc offers planning, design, engineering, construction management, commissioning and maintenance services. It provides these services primarily for specialized facilities such as data centers, communications rooms, call centers, laboratories, trading floors, network operations centers, medical facilities and similar environments. TSS Inc, formerly known as Fortress International Group, Inc, is based in Columbia, United States.
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