Insider Selling: TSS (NASDAQ:TSSI) COO Sells 800 Shares of Stock

TSS Inc. (NASDAQ:TSSI - Get Free Report) COO Karl Todd Marrott sold 800 shares of the company's stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $15.00, for a total transaction of $12,000.00. Following the completion of the transaction, the chief operating officer owned 290,136 shares of the company's stock, valued at $4,352,040. This trade represents a 0.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

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Karl Todd Marrott also recently made the following trade(s):

• On Friday, April 17th, Karl Todd Marrott sold 23,636 shares of TSS stock. The stock was sold at an average price of $15.11, for a total transaction of $357,139.96.
• On Tuesday, April 14th, Karl Todd Marrott sold 15,213 shares of TSS stock. The stock was sold at an average price of $15.03, for a total transaction of $228,651.39.

TSS Stock Down 0.4%

Shares of NASDAQ TSSI opened at $14.91 on Friday. The company has a current ratio of 1.63, a quick ratio of 1.41 and a debt-to-equity ratio of 0.18. TSS Inc. has a 12 month low of $6.50 and a 12 month high of $31.94. The firm has a market capitalization of $414.05 million, a PE ratio of 28.13 and a beta of 2.04. The firm has a fifty day simple moving average of $11.11 and a two-hundred day simple moving average of $11.68.

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TSS (NASDAQ:TSSI - Get Free Report) last issued its quarterly earnings data on Wednesday, March 11th. The company reported $0.41 EPS for the quarter. TSS had a net margin of 6.16% and a return on equity of 38.06%. The business had revenue of $60.91 million during the quarter.

TSS News Summary

Here are the key news stories impacting TSS this week:

• Positive Sentiment: Institutional buyers increased exposure — several funds (Invesco, NewEdge, Virtu, Aristides, Diversified Trust) added or raised stakes in TSS, which can provide demand support and signal confidence from professional investors. MarketBeat Insider Trades
• Positive Sentiment: Analyst coverage improved recently — Needham initiated coverage with a "Buy" and $16 target; consensus from coverage is a Moderate Buy with a ~ $17.17 average target, which could cap downside and attract momentum buyers. Analyst Notes
• Neutral Sentiment: Recent quarterly results (reported Mar. 11) showed $0.41 EPS on $60.9M revenue, healthy ROE (~38%) and positive margins — solid fundamentals but not enough alone to offset selling pressure. Earnings/Company Snapshot
• Neutral Sentiment: Business profile — TSS provides planning/design/engineering and maintenance for specialized facilities (data centers, trading floors, labs); revenues tied to capex cycles in tech and healthcare markets. Company Profile
• Negative Sentiment: Significant insider selling by top executives — CEO Darryll Dewan sold 50,000 shares (~$750k at ~$15) on Apr. 14; CFO Daniel Chism sold 25,000 shares (~$375k) on Apr. 14; COO Karl Marrott sold multiple tranches (including 23,636 shares on Apr. 17 and earlier sales), totaling tens of thousands of shares. Large, clustered sales by C‑suite members increase near‑term supply and are weighing on the share price. See SEC/Form 4 filings and the trade alert for details: CEO/CFO/COO filings — CEO Form 4 CFO Form 4 COO Form 4 and trade alert: InsiderTrades Alert

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Wall Street Zen upgraded shares of TSS from a "sell" rating to a "hold" rating in a research note on Saturday, April 11th. Zacks Research upgraded shares of TSS to a "hold" rating in a research note on Tuesday, February 17th. Needham & Company LLC assumed coverage on shares of TSS in a research note on Monday, March 30th. They issued a "buy" rating and a $16.00 price target for the company. Finally, Weiss Ratings reiterated a "hold (c-)" rating on shares of TSS in a research note on Monday, December 29th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $17.17.

Read Our Latest Report on TSS

Institutional Trading of TSS

A number of institutional investors and hedge funds have recently bought and sold shares of TSSI. California State Teachers Retirement System bought a new stake in TSS during the 2nd quarter valued at about $33,000. Bank of America Corp DE purchased a new stake in shares of TSS during the 4th quarter valued at about $40,000. BNP Paribas Financial Markets purchased a new stake in shares of TSS during the 2nd quarter valued at about $45,000. Legal & General Group Plc purchased a new stake in shares of TSS during the 2nd quarter valued at about $59,000. Finally, Tower Research Capital LLC TRC boosted its holdings in shares of TSS by 81.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,129 shares of the company's stock valued at $90,000 after acquiring an additional 1,401 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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