Insider Selling: TSS (NASDAQ:TSSI) COO Sells $12,000.00 in Stock

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

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 Performance

Shares of NASDAQ TSSI opened at $14.91 on Monday. The firm’s 50 day moving average price is $11.11 and its 200-day moving average price is $11.58. TSS Inc. has a 52-week low of $6.50 and a 52-week high of $31.94. 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 company has a market cap of $414.05 million, a PE ratio of 28.13 and a beta of 2.04.

TSS (NASDAQ:TSSI) last announced its quarterly earnings results on Wednesday, March 11th. The company reported $0.41 earnings per share 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 during the quarter.

Wall Street Analyst Weigh In

TSSI has been the subject of several recent analyst reports. Wall Street Zen cut TSS from a “hold” rating to a “sell” rating in a research note on Sunday. Weiss Ratings reiterated a “hold (c-)” rating on shares of TSS in a report on Monday, December 29th. Needham & Company LLC started coverage on TSS in a research report on Monday, March 30th. They issued a “buy” rating and a $16.00 target price for the company. Finally, Zacks Research upgraded shares of TSS to a “hold” rating in a research note on Tuesday, February 17th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $17.17.

Key Stories Impacting TSS

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

Hedge Funds Weigh In On TSS

Several hedge funds and other institutional investors have recently modified their holdings of TSSI. Vanguard Group Inc. boosted its stake in shares of TSS by 31.2% in the 3rd quarter. Vanguard Group Inc. now owns 1,240,958 shares of the company’s stock worth $22,474,000 after buying an additional 294,971 shares during the last quarter. Millennium Management LLC increased its position in TSS by 81.9% during the fourth quarter. Millennium Management LLC now owns 865,350 shares of the company’s stock valued at $6,118,000 after acquiring an additional 389,497 shares during the last quarter. Geode Capital Management LLC lifted its holdings in TSS by 8.3% in the fourth quarter. Geode Capital Management LLC now owns 539,359 shares of the company’s stock valued at $3,814,000 after acquiring an additional 41,536 shares during the period. Value Aligned Research Advisors LLC lifted its holdings in TSS by 6.8% in the fourth quarter. Value Aligned Research Advisors LLC now owns 460,510 shares of the company’s stock valued at $3,256,000 after acquiring an additional 29,247 shares during the period. Finally, UBS Group AG boosted its position in TSS by 188.1% in the fourth quarter. UBS Group AG now owns 316,456 shares of the company’s stock worth $2,237,000 after purchasing an additional 206,600 shares during the last quarter.

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.