Telos (NASDAQ:TLS) Director Sells $17,138.00 in Stock

Telos Corporation (NASDAQ:TLS) Director Derrick Dockery sold 4,100 shares of Telos stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $4.18, for a total value of $17,138.00. Following the sale, the director owned 178,500 shares of the company’s stock, valued at approximately $746,130. This represents a 2.25% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Telos Price Performance

NASDAQ:TLS opened at $4.33 on Monday. The firm has a market cap of $321.37 million, a price-to-earnings ratio of -8.66 and a beta of 1.03. The company has a current ratio of 2.57, a quick ratio of 2.57 and a debt-to-equity ratio of 0.06. The company’s 50-day moving average is $4.74 and its two-hundred day moving average is $5.72. Telos Corporation has a 12-month low of $1.83 and a 12-month high of $8.36.

Telos (NASDAQ:TLS) last issued its quarterly earnings results on Monday, March 16th. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.04. The business had revenue of $46.78 million during the quarter, compared to the consensus estimate of $45.22 million. Telos had a negative net margin of 22.17% and a negative return on equity of 20.30%. Research analysts expect that Telos Corporation will post -0.68 EPS for the current year.

Analyst Ratings Changes

Several research analysts have weighed in on TLS shares. Wedbush cut their price target on Telos from $10.00 to $8.00 and set an “outperform” rating for the company in a report on Tuesday, March 17th. Weiss Ratings restated a “sell (d-)” rating on shares of Telos in a report on Wednesday, January 21st. Finally, BMO Capital Markets lowered their price objective on Telos from $8.00 to $5.00 and set a “market perform” rating for the company in a research report on Monday, March 16th. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $7.38.

Institutional Investors Weigh In On Telos

A number of large investors have recently added to or reduced their stakes in TLS. Squarepoint Ops LLC purchased a new stake in Telos during the 2nd quarter worth approximately $616,000. White Pine Capital LLC boosted its stake in shares of Telos by 36.3% during the 2nd quarter. White Pine Capital LLC now owns 251,090 shares of the company’s stock valued at $796,000 after buying an additional 66,908 shares during the last quarter. Acuitas Investments LLC grew its position in shares of Telos by 48.0% during the third quarter. Acuitas Investments LLC now owns 771,813 shares of the company’s stock worth $5,279,000 after buying an additional 250,400 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Telos during the second quarter worth approximately $122,000. Finally, XTX Topco Ltd bought a new stake in shares of Telos in the second quarter worth $459,000. 62.14% of the stock is owned by institutional investors and hedge funds.

Telos Company Profile

Telos Corporation (NASDAQ: TLS) is a provider of cybersecurity, secure communications, and enterprise IT solutions designed to help organizations manage risk, accelerate mission delivery and maintain compliance. The company’s core business activities encompass risk management and compliance automation, secure mobility, zero-trust architecture, cloud security, and identity and access management. Telos serves a diverse customer base that includes U.S. federal agencies, the Department of Defense, intelligence communities and select commercial enterprises.

Among its flagship offerings is the Xacta® platform, which automates assessment and authorization for IT systems and cloud environments, helping clients streamline compliance with NIST, FedRAMP and other frameworks.