TSS, Inc. (NASDAQ:TSSI) SVP Sells $130,700.00 in Stock

TSS, Inc. (NASDAQ:TSSI) SVP Kieran Brennan sold 10,000 shares of the stock in a transaction on Friday, May 23rd. The shares were sold at an average price of $13.07, for a total value of $130,700.00. Following the sale, the senior vice president now owns 323,000 shares in the company, valued at approximately $4,221,610. This represents a 3.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

TSS Price Performance

Shares of NASDAQ:TSSI traded down $0.07 during trading hours on Wednesday, hitting $12.74. 1,598,373 shares of the company’s stock traded hands, compared to its average volume of 1,518,130. The business has a fifty day moving average price of $8.49 and a 200-day moving average price of $10.33. TSS, Inc. has a 1 year low of $1.48 and a 1 year high of $18.26. The firm has a market capitalization of $318.75 million, a P/E ratio of 70.78 and a beta of 0.95.

TSS (NASDAQ:TSSI) last issued its quarterly earnings results on Thursday, May 15th. The company reported $0.12 earnings per share (EPS) for the quarter. The business had revenue of $98.96 million for the quarter. TSS had a return on equity of 87.89% and a net margin of 3.59%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised TSS from a “hold” rating to a “buy” rating in a report on Thursday, May 22nd.

Institutional Investors Weigh In On TSS

Several hedge funds have recently added to or reduced their stakes in the business. Tucker Asset Management LLC acquired a new position in shares of TSS during the 4th quarter worth about $34,000. Bank of America Corp DE purchased a new position in shares of TSS during the 4th quarter worth approximately $40,000. Tower Research Capital LLC TRC purchased a new position in shares of TSS during the 4th quarter worth approximately $42,000. State of Wyoming purchased a new position in TSS in the 1st quarter valued at approximately $77,000. Finally, Wells Fargo & Company MN purchased a new stake in shares of TSS during the 4th quarter worth $114,000.

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.