Telos Co. (NASDAQ:TLS) Director Fredrick Schaufeld Acquires 54,650 Shares

Telos Co. (NASDAQ:TLS) Director Fredrick Schaufeld bought 54,650 shares of the business’s stock in a transaction that occurred on Friday, May 24th. The shares were bought at an average cost of $3.98 per share, for a total transaction of $217,507.00. Following the transaction, the director now owns 687,920 shares of the company’s stock, valued at $2,737,921.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• On Monday, May 20th, Fredrick Schaufeld bought 8,219 shares of Telos stock. The shares were bought at an average cost of $3.80 per share, for a total transaction of $31,232.20.
• On Wednesday, May 22nd, Fredrick Schaufeld acquired 100,248 shares of Telos stock. The stock was acquired at an average cost of $4.01 per share, for a total transaction of $401,994.48.
• On Tuesday, May 14th, Fredrick Schaufeld acquired 84,063 shares of Telos stock. The stock was acquired at an average cost of $3.14 per share, for a total transaction of $263,957.82.

Telos Price Performance

NASDAQ:TLS opened at $3.96 on Monday. The company has a current ratio of 4.05, a quick ratio of 4.00 and a debt-to-equity ratio of 0.06. Telos Co. has a 52-week low of $1.87 and a 52-week high of $5.00. The business’s fifty day moving average is $3.77 and its 200 day moving average is $3.89.

Telos (NASDAQ:TLS) last released its quarterly earnings data on Friday, March 15th. The company reported ($0.12) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.12). The company 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 period in the previous year, the company posted ($0.18) EPS. As a group, equities research analysts forecast that Telos Co. will post -0.77 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have weighed in on the company. BMO Capital Markets cut their price objective on Telos from $4.50 to $4.00 and set a “market perform” rating on the stock in a research report on Monday, May 13th. Wedbush reissued an “outperform” rating and issued a $6.00 price objective on shares of Telos in a research report on Monday, May 13th. Needham & Company LLC reaffirmed a “hold” rating on shares of Telos in a research report on Monday, May 13th. DA Davidson upped their price target on Telos from $3.25 to $3.50 and gave the company a “neutral” rating in a research report on Monday, March 18th. Finally, B. Riley upped their price target on Telos from $4.50 to $5.50 and gave the company a “buy” rating in a research report on Monday, March 18th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $5.00.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Telos by 153.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,539,842 shares of the company’s stock worth $9,270,000 after buying an additional 1,537,848 shares during the period. Pinnacle Associates Ltd. increased its stake in shares of Telos by 43.4% in the fourth quarter. Pinnacle Associates Ltd. now owns 2,697,766 shares of the company’s stock worth $9,847,000 after buying an additional 816,567 shares during the period. Acadian Asset Management LLC increased its stake in shares of Telos by 35.1% in the third quarter. Acadian Asset Management LLC now owns 1,887,405 shares of the company’s stock worth $4,510,000 after buying an additional 490,269 shares during the period. GSA Capital Partners LLP increased its stake in shares of Telos by 69.5% in the third quarter. GSA Capital Partners LLP now owns 614,962 shares of the company’s stock worth $1,470,000 after buying an additional 252,189 shares during the period. Finally, Inspire Investing LLC bought a new stake in Telos in the first quarter valued at $916,000. 62.14% of the stock is owned by hedge funds and other institutional investors.

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.