Telos Co. (NASDAQ:TLS) Director Acquires $401,994.48 in Stock

Telos Co. (NASDAQ:TLSGet Free Report) Director Fredrick Schaufeld purchased 100,248 shares of Telos stock in a transaction on Wednesday, May 22nd. The stock was bought at an average price of $4.01 per share, with a total value of $401,994.48. Following the completion of the acquisition, the director now directly owns 633,270 shares of the company’s stock, valued at approximately $2,539,412.70. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Fredrick Schaufeld also recently made the following trade(s):

  • On Friday, May 24th, Fredrick Schaufeld purchased 54,650 shares of Telos stock. The stock was purchased at an average price of $3.98 per share, for a total transaction of $217,507.00.
  • On Monday, May 20th, Fredrick Schaufeld acquired 8,219 shares of Telos stock. The shares were purchased at an average cost of $3.80 per share, with a total value of $31,232.20.
  • On Tuesday, May 14th, Fredrick Schaufeld bought 84,063 shares of Telos stock. The stock was purchased at an average price of $3.14 per share, for a total transaction of $263,957.82.

Telos Stock Performance

Shares of TLS stock opened at $3.96 on Friday. Telos Co. has a 12 month low of $1.87 and a 12 month high of $5.00. The company has a current ratio of 4.05, a quick ratio of 4.00 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $284.17 million, a P/E ratio of -9.00 and a beta of 0.90. The firm’s 50 day moving average is $3.77 and its 200 day moving average is $3.88.

Telos (NASDAQ:TLSGet Free Report) last issued its quarterly earnings results on Friday, March 15th. The company reported ($0.12) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.12). Telos had a negative net margin of 22.22% and a negative return on equity of 22.69%. The company had revenue of $41.06 million during the quarter, compared to analysts’ expectations of $31.97 million. During the same period last year, the company posted ($0.18) EPS. On average, sell-side analysts anticipate that Telos Co. will post -0.77 earnings per share for the current year.

Institutional Investors Weigh In On Telos

A number of hedge funds have recently bought and sold shares of the business. Mirae Asset Global Investments Co. Ltd. increased its stake in Telos by 153.5% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,539,842 shares of the company’s stock worth $9,270,000 after buying an additional 1,537,848 shares during the period. Pinnacle Associates Ltd. increased its holdings in shares of Telos by 43.4% during the 4th quarter. Pinnacle Associates Ltd. now owns 2,697,766 shares of the company’s stock valued at $9,847,000 after purchasing an additional 816,567 shares in the last quarter. Acadian Asset Management LLC increased its holdings in shares of Telos by 35.1% during the 3rd quarter. Acadian Asset Management LLC now owns 1,887,405 shares of the company’s stock valued at $4,510,000 after purchasing an additional 490,269 shares in the last quarter. GSA Capital Partners LLP increased its holdings in Telos by 69.5% in the 3rd quarter. GSA Capital Partners LLP now owns 614,962 shares of the company’s stock worth $1,470,000 after acquiring an additional 252,189 shares in the last quarter. Finally, Inspire Investing LLC purchased a new stake in shares of Telos during the first quarter worth $916,000. Hedge funds and other institutional investors own 62.14% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on TLS. Wedbush reiterated an “outperform” rating and issued a $6.00 price objective on shares of Telos in a research note on Monday, May 13th. DA Davidson upped their target price on Telos from $3.25 to $3.50 and gave the stock a “neutral” rating in a research report on Monday, March 18th. Needham & Company LLC reiterated a “hold” rating on shares of Telos in a research report on Monday, May 13th. B. Riley lifted their price target on Telos from $4.50 to $5.50 and gave the company a “buy” rating in a research report on Monday, March 18th. Finally, BMO Capital Markets decreased their target price on Telos from $4.50 to $4.00 and set a “market perform” rating for the company in a research report on Monday, May 13th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $5.00.

Read Our Latest Stock Report on TLS

About Telos

(Get Free Report)

Telos Corporation, together with its subsidiaries, provides cyber, cloud, and enterprise security solutions worldwide. The company operates in two segments, Security Solutions and Secure Networks. It provides Xacta, a platform for enterprise cyber risk management and security compliance automation; and consulting, assessment and compliance, engineering and evaluation, operations, and penetration testing services.

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

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