TSS (NASDAQ:TSSI) CEO Sells $750,000.00 in Stock

TSS Inc. (NASDAQ:TSSI) CEO Darryll Dewan sold 50,000 shares of the company’s stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $15.00, for a total value of $750,000.00. Following the completion of the sale, the chief executive officer directly owned 554,471 shares in the company, valued at $8,317,065. This trade represents a 8.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

TSS Stock Down 0.4%

TSS stock opened at $14.91 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.41 and a current ratio of 1.63. The firm has a market capitalization of $414.05 million, a price-to-earnings ratio of 28.13 and a beta of 2.04. TSS Inc. has a fifty-two week low of $6.50 and a fifty-two week high of $31.94. The stock’s fifty day moving average is $11.11 and its two-hundred day moving average is $11.63.

TSS (NASDAQ:TSSI) last posted its earnings results on Wednesday, March 11th. The company reported $0.41 earnings per share for the quarter. The company had revenue of $60.91 million for the quarter. TSS had a return on equity of 38.06% and a net margin of 6.16%.

Institutional Trading of TSS

Large investors have recently made changes to their positions in the stock. California State Teachers Retirement System acquired a new stake in shares of TSS during the second quarter valued at $33,000. Bank of America Corp DE purchased a new position in TSS during the fourth quarter worth about $40,000. BNP Paribas Financial Markets purchased a new position in TSS during the second quarter worth about $45,000. Legal & General Group Plc purchased a new position in TSS during the second quarter worth about $59,000. Finally, Tower Research Capital LLC TRC lifted its position in TSS by 81.1% during the second quarter. Tower Research Capital LLC TRC now owns 3,129 shares of the company’s stock worth $90,000 after buying an additional 1,401 shares during the period.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of TSS in a research note on Monday, December 29th. Zacks Research raised TSS to a “hold” rating in a research note on Tuesday, February 17th. Wall Street Zen lowered TSS from a “hold” rating to a “sell” rating in a research note on Sunday. Finally, Needham & Company LLC assumed coverage on TSS in a research note on Monday, March 30th. They set a “buy” rating and a $16.00 price objective on the stock. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, TSS has a consensus rating of “Moderate Buy” and an average price target of $17.17.

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.
• 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

TSS Company Profile

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.