Telos (NASDAQ:TLS) EVP Sells $148,754.96 in Stock

Telos Corporation (NASDAQ:TLS) EVP Edward Hutchinson Jr. Robbins sold 37,096 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $4.01, for a total value of $148,754.96. Following the completion of the transaction, the executive vice president owned 631,805 shares in the company, valued at approximately $2,533,538.05. The trade was a 5.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Edward Hutchinson Jr. Robbins also recently made the following trade(s):

• On Wednesday, March 18th, Edward Hutchinson Jr. Robbins sold 64,527 shares of Telos stock. The shares were sold at an average price of $4.02, for a total value of $259,398.54.

Telos Stock Performance

NASDAQ:TLS opened at $4.33 on Friday. The company has a market capitalization of $321.37 million, a P/E ratio of -8.66 and a beta of 1.03. The business has a fifty day simple moving average of $4.74 and a two-hundred day simple moving average of $5.73. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.57 and a quick ratio of 2.67. Telos Corporation has a 1 year low of $1.83 and a 1 year 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, beating analysts’ consensus estimates of $0.02 by $0.04. The firm had revenue of $46.78 million for the quarter, compared to analysts’ expectations of $45.22 million. Telos had a negative return on equity of 20.30% and a negative net margin of 22.17%. On average, analysts expect that Telos Corporation will post -0.68 earnings per share for the current year.

Wall Street Analyst Weigh In

TLS has been the subject of a number of research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Telos in a research report on Wednesday, January 21st. Wedbush lowered their price target on shares of Telos from $10.00 to $8.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 17th. Finally, BMO Capital Markets dropped their price target on shares of Telos from $8.00 to $5.00 and set a “market perform” rating on the stock in a research note on Monday, March 16th. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $7.38.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in TLS. Zacks Investment Management purchased a new position in Telos during the 4th quarter valued at about $71,000. Tudor Investment Corp ET AL lifted its holdings in shares of Telos by 17.0% in the fourth quarter. Tudor Investment Corp ET AL now owns 450,882 shares of the company’s stock worth $2,299,000 after buying an additional 65,587 shares in the last quarter. Polymer Capital Management US LLC purchased a new stake in shares of Telos in the fourth quarter worth about $91,000. Occudo Quantitative Strategies LP boosted its position in shares of Telos by 12.3% in the fourth quarter. Occudo Quantitative Strategies LP now owns 68,514 shares of the company’s stock valued at $349,000 after acquiring an additional 7,484 shares during the period. Finally, Oxford Asset Management LLP bought a new position in shares of Telos in the fourth quarter valued at approximately $243,000. Institutional investors own 62.14% of the company’s stock.

About Telos

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.