Insider Selling: Total System Services COO Unloads 26,400 Shares of Stock (TSS)
Total System Services (NYSE:TSS) COO M Troy Woods sold 26,400 shares of the stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $30.00, for a total transaction of $792,000.00. Following the sale, the chief operating officer now directly owns 265,438 shares in the company, valued at approximately $7,963,140. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Total System Services (NYSE:TSS) traded down 0.69% on Friday, hitting $30.04. 1,214,886 shares of the company’s stock traded hands. Total System Services has a 52 week low of $21.10 and a 52 week high of $29.25. The stock has a 50-day moving average of $28.09 and a 200-day moving average of $25.16. The company has a market cap of $5.690 billion and a P/E ratio of 24.20.
Total System Services (NYSE:TSS) last released its earnings data on Tuesday, October 22nd. The company reported $0.49 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.46 by $0.03. The company had revenue of $588.07 million for the quarter, compared to the consensus estimate of $587.13 million. During the same quarter in the prior year, the company posted $0.32 earnings per share. The company’s quarterly revenue was up 25.6% on a year-over-year basis.
TSS has been the subject of a number of recent research reports. Analysts at Credit Suisse raised their price target on shares of Total System Services from $30.00 to $34.00 in a research note to investors on Thursday. They now have an “outperform” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Total System Services in a research note to investors on Thursday. They now have a $32.00 price target on the stock. Finally, analysts at Sterne Agee raised their price target on shares of Total System Services from $33.00 to $36.00 in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $31.40.
Total System Services, Inc (NYSE:TSS), is a global payment solutions provider that provides services to financial and nonfinancial institutions.
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