Telos Co. (NASDAQ:TLS) Director Fredrick Schaufeld Buys 8,219 Shares

Telos Co. (NASDAQ:TLS) Director Fredrick Schaufeld purchased 8,219 shares of the stock in a transaction dated Monday, May 20th. The shares were acquired at an average cost of $3.80 per share, for a total transaction of $31,232.20. Following the completion of the acquisition, the director now directly owns 394,484 shares of the company’s stock, valued at approximately $1,499,039.20. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Fredrick Schaufeld also recently made the following trade(s):

• On Wednesday, May 22nd, Fredrick Schaufeld purchased 100,248 shares of Telos stock. The shares were acquired at an average cost of $4.01 per share, for a total transaction of $401,994.48.
• On Tuesday, May 14th, Fredrick Schaufeld bought 84,063 shares of Telos stock. The shares were purchased at an average cost of $3.14 per share, for a total transaction of $263,957.82.

Telos Price Performance

Shares of TLS stock opened at $4.35 on Thursday. The stock’s fifty day simple moving average is $3.75 and its 200 day simple moving average is $3.87. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.05 and a quick ratio of 4.00. The firm has a market cap of $312.16 million, a price-to-earnings ratio of -9.23 and a beta of 0.90. Telos Co. has a one year low of $1.87 and a one year high of $5.00.

Telos (NASDAQ:TLS) last announced its quarterly earnings results on Friday, March 15th. The company reported ($0.12) EPS for the quarter, meeting the consensus estimate of ($0.12). The business had revenue of $41.06 million for the quarter, compared to analyst estimates of $31.97 million. Telos had a negative return on equity of 22.69% and a negative net margin of 22.22%. During the same quarter in the previous year, the firm earned ($0.18) EPS. On average, analysts expect that Telos Co. will post -0.77 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Hedge Funds Weigh In On Telos

A number of institutional investors and hedge funds have recently bought and sold shares of TLS. B. Riley Wealth Advisors Inc. raised its position in shares of Telos by 5.7% during the third quarter. B. Riley Wealth Advisors Inc. now owns 92,265 shares of the company’s stock worth $221,000 after acquiring an additional 5,000 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC raised its position in shares of Telos by 73.8% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 18,175 shares of the company’s stock worth $66,000 after acquiring an additional 7,720 shares during the last quarter. Schechter Investment Advisors LLC bought a new stake in shares of Telos during the fourth quarter worth $38,000. Fifth Lane Capital LP bought a new stake in shares of Telos during the first quarter worth $44,000. Finally, NBC Securities Inc. bought a new stake in shares of Telos during the third quarter worth $28,000. Institutional investors and hedge funds own 62.14% of the company’s stock.

About Telos

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.