Telos Co. (NASDAQ:TLS) CEO Purchases $379,159.16 in Stock

Telos Co. (NASDAQ:TLS) CEO John B. Wood bought 158,644 shares of the company’s stock in a transaction dated Monday, August 12th. The stock was bought at an average cost of $2.39 per share, for a total transaction of $379,159.16. Following the acquisition, the chief executive officer now owns 5,026,925 shares of the company’s stock, valued at approximately $12,014,350.75. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Telos Stock Performance

Shares of NASDAQ TLS opened at $2.82 on Friday. Telos Co. has a 52 week low of $1.87 and a 52 week high of $5.03. The firm has a 50-day moving average price of $3.76 and a 200 day moving average price of $3.81. The company has a current ratio of 4.76, a quick ratio of 4.00 and a debt-to-equity ratio of 0.06.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in TLS. Natixis Advisors L.P. acquired a new stake in shares of Telos in the 4th quarter worth approximately $432,000. AJOVista LLC acquired a new stake in Telos in the fourth quarter valued at $56,000. Pinnacle Wealth Management Advisory Group LLC increased its position in shares of Telos by 73.8% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 18,175 shares of the company’s stock valued at $66,000 after buying an additional 7,720 shares in the last quarter. Jump Financial LLC raised its stake in shares of Telos by 307.9% during the 4th quarter. Jump Financial LLC now owns 95,452 shares of the company’s stock worth $348,000 after buying an additional 72,052 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC raised its stake in shares of Telos by 228.3% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 74,632 shares of the company’s stock worth $272,000 after buying an additional 51,901 shares during the last quarter. 62.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TLS has been the topic of several recent research reports. DA Davidson dropped their price objective on shares of Telos from $3.50 to $2.50 and set a “neutral” rating on the stock in a research note on Monday, August 12th. Wedbush reissued an “outperform” rating and set a $6.00 price target on shares of Telos in a report on Monday, May 13th. BMO Capital Markets reduced their price objective on shares of Telos from $4.00 to $3.00 and set a “market perform” rating for the company in a research report on Tuesday. Needham & Company LLC reiterated a “hold” rating on shares of Telos in a research report on Monday, August 12th. Finally, B. Riley reduced their price target on Telos from $5.50 to $4.00 and set a “buy” rating for the company in a report on Monday, August 12th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $4.30.

Telos Company Profile

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.