Jefferson V. Wright Sells 14,000 Shares of Telos Co. (NASDAQ:TLS) Stock

Telos Co. (NASDAQ:TLS) EVP Jefferson V. Wright sold 14,000 shares of the company’s stock in a transaction on Thursday, October 7th. The stock was sold at an average price of $28.00, for a total value of $392,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Jefferson V. Wright also recently made the following trade(s):

  • On Tuesday, July 20th, Jefferson V. Wright sold 14,000 shares of Telos stock. The stock was sold at an average price of $28.18, for a total value of $394,520.00.

NASDAQ:TLS opened at $27.43 on Thursday. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.61 and a quick ratio of 4.57. The firm has a 50-day moving average of $30.02 and a two-hundred day moving average of $31.74. The stock has a market cap of $1.83 billion and a P/E ratio of 685.75. Telos Co. has a 1-year low of $18.08 and a 1-year high of $41.84.

Telos (NASDAQ:TLS) last issued its quarterly earnings results on Monday, August 16th. The company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.02 by $0.02. Telos had a negative net margin of 14.85% and a negative return on equity of 17.50%. The business had revenue of $52.56 million for the quarter, compared to analysts’ expectations of $52.73 million. As a group, equities analysts expect that Telos Co. will post 0.33 earnings per share for the current year.

Hedge funds have recently modified their holdings of the company. Captrust Financial Advisors lifted its position in shares of Telos by 169.0% during the first quarter. Captrust Financial Advisors now owns 955 shares of the company’s stock worth $36,000 after purchasing an additional 600 shares during the last quarter. Financial Insights Inc. bought a new position in Telos in the second quarter worth about $34,000. Bank of Montreal Can lifted its holdings in Telos by 254.0% in the first quarter. Bank of Montreal Can now owns 1,416 shares of the company’s stock worth $49,000 after acquiring an additional 1,016 shares during the last quarter. Parallel Advisors LLC bought a new position in Telos in the second quarter worth about $66,000. Finally, Legal & General Group Plc lifted its holdings in Telos by 68.7% in the second quarter. Legal & General Group Plc now owns 2,867 shares of the company’s stock worth $97,000 after acquiring an additional 1,168 shares during the last quarter. 50.61% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have recently commented on the company. B. Riley dropped their price objective on Telos from $50.00 to $46.00 and set a “buy” rating for the company in a report on Tuesday, August 17th. Needham & Company LLC assumed coverage on Telos in a report on Tuesday, July 20th. They issued a “buy” rating and a $47.00 price target for the company. BMO Capital Markets lowered their price target on Telos from $38.00 to $32.00 and set an “outperform” rating for the company in a report on Tuesday, August 17th. DA Davidson assumed coverage on Telos in a report on Thursday, September 2nd. They issued a “buy” rating and a $45.00 price target for the company. Finally, Colliers Securities reiterated a “buy” rating and issued a $45.00 price target on shares of Telos in a report on Thursday, September 2nd. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $42.25.

About Telos

Telos Corporation, together with its subsidiaries, provides information technology (IT) solutions and services worldwide. It provides Xacta, a premier platform for enterprise cyber risk management and security compliance automation solutions to large commercial and government enterprises; and Telos Ghost, a solution to eliminate cyber-attack surfaces by obfuscating and encrypting data, masking user identity and location, and hiding network resources, as well as provides security and privacy for intelligence gathering, cyber threat protection, securing critical infrastructure, and protecting communications and applications.

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Insider Buying and Selling by Quarter for Telos (NASDAQ:TLS)

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