Renaissance Technologies LLC Lowers Stock Holdings in TSS Inc. $TSSI

Renaissance Technologies LLC reduced its holdings in TSS Inc. (NASDAQ:TSSI) by 59.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 60,091 shares of the company’s stock after selling 87,077 shares during the quarter. Renaissance Technologies LLC’s holdings in TSS were worth $782,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. California State Teachers Retirement System purchased a new position in TSS during the second quarter worth about $33,000. Bank of America Corp DE purchased a new stake in TSS in the 4th quarter valued at about $40,000. BNP Paribas Financial Markets purchased a new stake in TSS in the 2nd quarter valued at about $45,000. Legal & General Group Plc acquired a new position in shares of TSS during the 2nd quarter valued at about $59,000. Finally, Tower Research Capital LLC TRC increased its stake in shares of TSS by 81.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,129 shares of the company’s stock valued at $90,000 after acquiring an additional 1,401 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of TSS from a “strong sell” rating to a “sell” rating in a report on Saturday. Needham & Company LLC lowered their target price on shares of TSS from $16.00 to $13.00 and set a “buy” rating for the company in a report on Friday. Finally, Weiss Ratings lowered shares of TSS from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, June 17th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $16.17.

TSS News Summary

Here are the key news stories impacting TSS this week:

• Positive Sentiment: Management highlighted a strategic shift toward higher-margin services: systems integration revenue increased 46% year over year and represented 39% of total revenue, up from 22% a year earlier. Facilities management revenue also grew 84%. TSS Reports Second Quarter 2026 Financial Results
• Positive Sentiment: TSS maintained its full-year adjusted EBITDA outlook toward the upper end of its $20 million-$22 million range. Its approximately $17 million investment in next-generation AI data-center technology is expected to be substantially ready by September and begin supporting higher systems-integration revenue in the third quarter. TSS Maintains EBITDA Outlook as Vera Rubin Buildout Nears Completion
• Neutral Sentiment: Needham lowered its price target from $16 to $13 but retained a “Buy” rating, implying continued confidence in TSS’s AI infrastructure opportunity while reflecting more cautious near-term expectations. Needham Lowers TSS Price Target
• Negative Sentiment: Second-quarter adjusted earnings were $0.05 per share, below the $0.08 consensus estimate and down from $0.06 a year earlier. Revenue totaled $35.14 million, with the overall decline reflecting TSS’s transition away from lower-margin procurement revenue. TSS Misses Second-Quarter Earnings and Revenue Estimates

Insider Activity

In related news, SVP Kieran Brennan sold 10,000 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $16.00, for a total transaction of $160,000.00. Following the sale, the senior vice president directly owned 271,333 shares in the company, valued at approximately $4,341,328. This trade represents a 3.55% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Peter H. Woodward sold 100,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $15.48, for a total value of $1,548,000.00. Following the transaction, the director directly owned 1,114,061 shares in the company, valued at $17,245,664.28. This trade represents a 8.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 310,000 shares of company stock valued at $4,922,000 in the last ninety days. Company insiders own 15.97% of the company’s stock.

TSS Stock Down 19.1%

Shares of TSS stock opened at $9.68 on Friday. The company has a fifty day moving average price of $11.31 and a 200 day moving average price of $11.69. The company has a current ratio of 2.18, a quick ratio of 1.99 and a debt-to-equity ratio of 0.16. TSS Inc. has a twelve month low of $6.87 and a twelve month high of $21.77. The stock has a market cap of $271.72 million, a price-to-earnings ratio of 20.17 and a beta of 2.09.

TSS (NASDAQ:TSSI) last released its quarterly earnings data on Thursday, August 13th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.03). TSS had a net margin of 7.44% and a return on equity of 19.71%. The company had revenue of $35.14 million during the quarter. Equities research analysts forecast that TSS Inc. will post 0.32 earnings per share for the current fiscal year.

TSS Company Profile

TSS, Inc offers planning, design, engineering, construction management, commissioning and maintenance services. It provides these services primarily for specialized facilities such as data centers, communications rooms, call centers, laboratories, trading floors, network operations centers, medical facilities and similar environments. TSS Inc, formerly known as Fortress International Group, Inc, is based in Columbia, United States.