Telos Co. (NASDAQ:TLS) Shares Acquired by Cassaday & Co Wealth Management LLC

Cassaday & Co Wealth Management LLC increased its position in shares of Telos Co. (NASDAQ:TLSFree Report) by 228.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 74,632 shares of the company’s stock after acquiring an additional 51,901 shares during the quarter. Cassaday & Co Wealth Management LLC owned approximately 0.11% of Telos worth $272,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Schechter Investment Advisors LLC purchased a new stake in Telos in the 4th quarter valued at about $38,000. Jump Financial LLC acquired a new position in Telos during the third quarter worth approximately $56,000. AJOVista LLC purchased a new position in Telos during the fourth quarter worth approximately $56,000. Pinnacle Wealth Management Advisory Group LLC boosted its holdings in shares of Telos by 73.8% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 18,175 shares of the company’s stock valued at $66,000 after purchasing an additional 7,720 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Telos during the 3rd quarter valued at $83,000. 62.14% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Telos news, CEO John B. Wood purchased 50,000 shares of the firm’s stock in a transaction dated Tuesday, May 14th. The stock was acquired at an average cost of $3.11 per share, with a total value of $155,500.00. Following the acquisition, the chief executive officer now owns 4,843,281 shares of the company’s stock, valued at approximately $15,062,603.91. The purchase was disclosed in a filing with the SEC, which is accessible through this link. In related news, Director Fredrick Schaufeld bought 84,063 shares of the business’s stock in a transaction on Tuesday, May 14th. The shares were bought at an average cost 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 of the company’s stock, valued at approximately $1,066,067.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO John B. Wood purchased 50,000 shares of the stock in a transaction dated Tuesday, May 14th. The shares were purchased at an average price of $3.11 per share, with a total value of $155,500.00. Following the transaction, the chief executive officer now directly owns 4,843,281 shares of the company’s stock, valued at approximately $15,062,603.91. The disclosure for this purchase can be found here. Insiders have bought 503,610 shares of company stock worth $1,970,882 over the last ninety days. 12.40% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research analysts recently weighed in on TLS shares. Needham & Company LLC reiterated a “hold” rating on shares of Telos in a report on Monday, May 13th. B. Riley lifted their price objective on Telos from $4.50 to $5.50 and gave the company a “buy” rating in a research note on Monday, March 18th. BMO Capital Markets decreased their target price on Telos from $4.50 to $4.00 and set a “market perform” rating for the company in a report on Monday, May 13th. Wedbush restated an “outperform” rating and issued a $6.00 price target on shares of Telos in a report on Monday, May 13th. Finally, DA Davidson boosted their price objective on shares of Telos from $3.25 to $3.50 and gave the stock a “neutral” rating in a research note on Monday, March 18th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $5.00.

Read Our Latest Stock Analysis on TLS

Telos Stock Down 1.2 %

Shares of NASDAQ:TLS traded down $0.05 during midday trading on Friday, reaching $4.01. The company had a trading volume of 251,850 shares, compared to its average volume of 562,241. The stock has a market capitalization of $287.76 million, a P/E ratio of -9.11 and a beta of 1.01. The stock’s fifty day moving average price is $3.78 and its 200-day moving average price is $3.92. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.05 and a quick ratio of 4.00. Telos Co. has a one year low of $1.87 and a one year high of $5.03.

Telos (NASDAQ:TLSGet Free Report) last issued its quarterly earnings results on Friday, May 10th. The company reported ($0.12) EPS for the quarter, topping the consensus estimate of ($0.20) by $0.08. The business had revenue of $29.62 million for the quarter, compared to analysts’ expectations of $28.50 million. Telos had a negative net margin of 22.22% and a negative return on equity of 22.69%. Equities research analysts expect that Telos Co. will post -0.77 earnings per share for the current fiscal year.

Telos Profile

(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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Institutional Ownership by Quarter for Telos (NASDAQ:TLS)

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