Telos Corporation (NASDAQ:TLS) Receives Average Recommendation of “Hold” from Analysts

Telos Corporation (NASDAQ:TLS) has been given an average rating of “Hold” by the six research firms that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $7.75.

Several research firms have commented on TLS. DA Davidson upped their price target on Telos from $4.00 to $7.50 and gave the company a “neutral” rating in a report on Tuesday, November 11th. Weiss Ratings restated a “sell (d-)” rating on shares of Telos in a research report on Wednesday, January 21st. B. Riley Financial restated a “buy” rating and issued a $9.00 target price (up from $8.50) on shares of Telos in a research note on Tuesday, November 11th. Finally, Wedbush raised their target price on Telos from $9.00 to $10.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 11th.

Telos Stock Performance

NASDAQ:TLS opened at $4.30 on Monday. The firm’s 50-day moving average is $4.93 and its 200-day moving average is $5.86. The company has a market cap of $317.14 million, a price-to-earnings ratio of -10.49 and a beta of 1.03. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.67 and a current ratio of 2.76. Telos has a 52-week low of $1.83 and a 52-week high of $8.36.

Insider Transactions at Telos

In other news, EVP Gary Mark Bendza sold 242,337 shares of Telos stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $6.19, for a total transaction of $1,500,066.03. Following the sale, the executive vice president directly owned 637,574 shares in the company, valued at approximately $3,946,583.06. The trade was a 27.54% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Fredrick Schaufeld sold 22,239 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $6.02, for a total transaction of $133,878.78. Following the completion of the sale, the director directly owned 948,718 shares in the company, valued at approximately $5,711,282.36. The trade was a 2.29% decrease in their position. The SEC filing for this sale provides additional information. 14.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Telos

Several institutional investors and hedge funds have recently made changes to their positions in TLS. Zacks Investment Management bought a new stake in shares of Telos in the 4th quarter worth about $71,000. Tudor Investment Corp ET AL lifted its holdings in Telos by 17.0% during the 4th quarter. Tudor Investment Corp ET AL now owns 450,882 shares of the company’s stock valued at $2,299,000 after purchasing an additional 65,587 shares during the last quarter. Polymer Capital Management US LLC acquired a new position in Telos in the fourth quarter valued at about $91,000. Occudo Quantitative Strategies LP boosted its position in 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 buying an additional 7,484 shares in the last quarter. Finally, Oxford Asset Management LLP bought a new stake in Telos during the fourth quarter worth about $243,000. Institutional investors and hedge funds 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.