Fredrick Schaufeld Buys 84,063 Shares of Telos Co. (NASDAQ:TLS) Stock

Telos Co. (NASDAQ:TLSGet Free Report) Director Fredrick Schaufeld purchased 84,063 shares of the company’s stock in a transaction dated Tuesday, May 14th. The stock was purchased at an average price of $3.14 per share, for a total transaction of $263,957.82. Following the completion of the purchase, the director now owns 339,512 shares in the company, valued at $1,066,067.68. The transaction was disclosed in a filing with the SEC, which is available at this link.

Telos Stock Up 24.3 %

Shares of TLS stock opened at $3.94 on Thursday. The company has a market capitalization of $282.73 million, a price-to-earnings ratio of -8.95 and a beta of 0.90. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.05 and a quick ratio of 3.54. The company’s fifty day moving average price is $3.71 and its 200-day moving average price is $3.83. Telos Co. has a one year low of $1.87 and a one year high of $5.00.

Telos (NASDAQ:TLSGet Free Report) last released its quarterly earnings data on Friday, March 15th. The company reported ($0.12) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.12). Telos had a negative return on equity of 22.69% and a negative net margin of 22.22%. The firm had revenue of $41.06 million during the quarter, compared to analyst estimates of $31.97 million. During the same quarter in the prior year, the company posted ($0.18) earnings per share. Sell-side analysts expect that Telos Co. will post -0.73 EPS for the current fiscal year.

Hedge Funds Weigh In On Telos

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Barclays PLC grew its holdings in Telos by 0.3% during the 3rd quarter. Barclays PLC now owns 9,316,706 shares of the company’s stock valued at $22,268,000 after buying an additional 28,120 shares in the last quarter. Masters Capital Management LLC increased its stake in Telos by 3.3% during the fourth quarter. Masters Capital Management LLC now owns 3,100,000 shares of the company’s stock worth $11,315,000 after acquiring an additional 100,000 shares during the last quarter. Pinnacle Associates Ltd. lifted its stake in shares of Telos by 3.0% in the 1st quarter. Pinnacle Associates Ltd. now owns 2,779,376 shares of the company’s stock valued at $11,562,000 after purchasing an additional 81,610 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in Telos by 153.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,539,842 shares of the company’s stock worth $9,270,000 after buying an additional 1,537,848 shares during the period. Finally, Acadian Asset Management LLC boosted its stake in shares of Telos by 4.5% during the 1st quarter. Acadian Asset Management LLC now owns 2,068,075 shares of the company’s stock worth $8,600,000 after purchasing an additional 88,336 shares during the period. Institutional investors own 62.14% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on TLS shares. Needham & Company LLC restated a “hold” rating on shares of Telos in a research note on Monday. Wedbush restated an “outperform” rating and set a $6.00 target price on shares of Telos in a research report on Monday. BMO Capital Markets decreased their price target on shares of Telos from $4.50 to $4.00 and set a “market perform” rating on the stock in a research report on Monday. DA Davidson boosted their price objective on shares of Telos from $3.25 to $3.50 and gave the company a “neutral” rating in a research report on Monday, March 18th. Finally, B. Riley raised their target price on Telos from $4.50 to $5.50 and gave the stock a “buy” rating in a report on Monday, March 18th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $5.00.

Read Our Latest Report on TLS

Telos Company Profile

(Get Free Report)

Telos Corporation, together with its subsidiaries, provides cyber, cloud, and enterprise security solutions worldwide. The company operates in two segments, Security Solutions and Secure Networks. It provides Xacta, a platform for enterprise cyber risk management and security compliance automation; and consulting, assessment and compliance, engineering and evaluation, operations, and penetration testing services.

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