Telos (NASDAQ:TLS) EVP Edward Hutchinson Jr. Robbins Sells 37,096 Shares

Telos Corporation (NASDAQ:TLS) EVP Edward Hutchinson Jr. Robbins sold 37,096 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $4.01, for a total value of $148,754.96. Following the sale, the executive vice president directly owned 631,805 shares in the company, valued at $2,533,538.05. The trade was a 5.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Edward Hutchinson Jr. Robbins also recently made the following trade(s):

• On Wednesday, March 18th, Edward Hutchinson Jr. Robbins sold 64,527 shares of Telos stock. The shares were sold at an average price of $4.02, for a total value of $259,398.54.

Telos Trading Up 6.2%

Shares of Telos stock traded up $0.25 during trading hours on Thursday, hitting $4.27. The company’s stock had a trading volume of 920,114 shares, compared to its average volume of 966,008. The company has a market capitalization of $316.92 million, a PE ratio of -8.54 and a beta of 1.03. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.57 and a quick ratio of 2.67. The stock has a 50 day moving average of $4.76 and a 200 day moving average of $5.74. Telos Corporation has a 12 month low of $1.83 and a 12 month high of $8.36.

Telos (NASDAQ:TLS) last issued its quarterly earnings data on Monday, March 16th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.04. Telos had a negative return on equity of 20.30% and a negative net margin of 22.17%.The business had revenue of $46.78 million during the quarter, compared to analyst estimates of $45.22 million. Analysts predict that Telos Corporation will post -0.68 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Weber Capital Management LLC ADV bought a new position in Telos in the fourth quarter valued at approximately $9,152,000. Two Sigma Investments LP raised its stake in shares of Telos by 322.9% during the 3rd quarter. Two Sigma Investments LP now owns 908,565 shares of the company’s stock worth $6,215,000 after purchasing an additional 693,716 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Telos during the 2nd quarter worth approximately $1,801,000. Marshall Wace LLP boosted its holdings in shares of Telos by 161.6% in the 3rd quarter. Marshall Wace LLP now owns 911,148 shares of the company’s stock valued at $6,232,000 after buying an additional 562,878 shares during the last quarter. Finally, Lazard Asset Management LLC acquired a new stake in shares of Telos in the 4th quarter valued at approximately $2,494,000. 62.14% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on TLS shares. BMO Capital Markets dropped their price objective on shares of Telos from $8.00 to $5.00 and set a “market perform” rating on the stock in a report on Monday. Wedbush reduced their target price on shares of Telos from $10.00 to $8.00 and set an “outperform” rating for the company in a research note on Tuesday. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Telos in a research note on Wednesday, January 21st. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $7.38.

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.