Key Points
- CFO Daniel Chism sold 25,000 shares on April 14 at an average price of $15 for a $375,000 transaction, reducing his stake by 6.88% to 338,215 shares (≈$5.07M), as disclosed in an SEC Form 4.
- TSS stock opened at $14.97 and was reported up 5.5%, trading within a 52‑week range of $6.50–$31.94 with a market cap of $415.7M, a P/E of 28.25, and 50/200‑day moving averages near $11.
- Wall Street has a consensus rating of Moderate Buy with a $17.17 target, and several institutional investors (including Invesco, NewEdge, and Virtu) have recently initiated or increased positions in TSS.
TSS Inc. (NASDAQ:TSSI - Get Free Report) CFO Daniel Chism sold 25,000 shares of the company's stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $15.00, for a total transaction of $375,000.00. Following the sale, the chief financial officer directly owned 338,215 shares of the company's stock, valued at approximately $5,073,225. This represents a 6.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.
TSS Stock Up 5.5%
TSSI opened at $14.97 on Friday. TSS Inc. has a fifty-two week low of $6.50 and a fifty-two week high of $31.94. The company has a market capitalization of $415.72 million, a P/E ratio of 28.25 and a beta of 2.04. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.63 and a quick ratio of 1.41. The firm's fifty day moving average price is $10.99 and its two-hundred day moving average price is $11.70.
TSS (NASDAQ:TSSI - Get Free Report) last announced its earnings results on Wednesday, March 11th. The company reported $0.41 earnings per share (EPS) for the quarter. TSS had a net margin of 6.16% and a return on equity of 38.06%. The company had revenue of $60.91 million for the quarter.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on the company. Zacks Research upgraded TSS to a "hold" rating in a report on Tuesday, February 17th. Needham & Company LLC assumed coverage on TSS in a research note on Monday, March 30th. They issued a "buy" rating and a $16.00 price target for the company. Wall Street Zen raised TSS from a "sell" rating to a "hold" rating in a report on Saturday, April 11th. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of TSS in a research note on Monday, December 29th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $17.17.
Read Our Latest Report on TSSI
Hedge Funds Weigh In On TSS
A number of large investors have recently modified their holdings of the company. Diversified Trust Co purchased a new stake in TSS during the 1st quarter valued at $130,000. Aristides Capital LLC bought a new stake in TSS during the fourth quarter worth about $189,000. Virtu Financial LLC bought a new stake in shares of TSS in the 4th quarter worth approximately $160,000. Invesco Ltd. boosted its holdings in TSS by 27.1% in the fourth quarter. Invesco Ltd. now owns 14,280 shares of the company's stock worth $101,000 after acquiring an additional 3,044 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in TSS by 160.8% during the 4th quarter. NewEdge Advisors LLC now owns 30,389 shares of the company's stock valued at $215,000 after purchasing an additional 18,735 shares during the last quarter.
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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