Fredrick Schaufeld Purchases 54,650 Shares of Telos Co. (NASDAQ:TLS) Stock

Telos Co. (NASDAQ:TLS) Director Fredrick Schaufeld acquired 54,650 shares of the stock in a transaction that occurred on Friday, May 24th. The stock was purchased at an average cost of $3.98 per share, with a total value of $217,507.00. Following the completion of the acquisition, the director now owns 687,920 shares of the company’s stock, valued at $2,737,921.60. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through 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, with a total value of $31,232.20.
• On Wednesday, May 22nd, Fredrick Schaufeld acquired 100,248 shares of Telos stock. The stock was purchased at an average cost of $4.01 per share, for a total transaction of $401,994.48.
• On Tuesday, May 14th, Fredrick Schaufeld bought 84,063 shares of Telos stock. The shares were acquired at an average cost of $3.14 per share, for a total transaction of $263,957.82.

Telos Trading Up 1.3 %

Shares of TLS stock traded up $0.05 during trading hours on Friday, reaching $3.96. The company had a trading volume of 287,564 shares, compared to its average volume of 440,218. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.05 and a quick ratio of 4.00. The firm has a market cap of $284.17 million, a price-to-earnings ratio of -9.00 and a beta of 0.90. The company has a 50 day moving average of $3.77 and a 200 day moving average of $3.88. Telos Co. has a 1-year low of $1.87 and a 1-year high of $5.00.

Telos (NASDAQ:TLS) last posted its earnings results on Friday, March 15th. The company reported ($0.12) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.12). Telos had a negative return on equity of 22.69% and a negative net margin of 22.22%. The business had revenue of $41.06 million during the quarter, compared to analysts’ expectations of $31.97 million. During the same period in the prior year, the business earned ($0.18) EPS. On average, equities research analysts anticipate that Telos Co. will post -0.77 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Needham & Company LLC reaffirmed a “hold” rating on shares of Telos in a research note on Monday, May 13th. BMO Capital Markets dropped their price target 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 set a $6.00 target price on shares of Telos in a research note on Monday, May 13th. B. Riley increased their price objective on Telos from $4.50 to $5.50 and gave the stock a “buy” rating in a report on Monday, March 18th. Finally, DA Davidson raised their target price on Telos from $3.25 to $3.50 and gave the company a “neutral” rating in a report on Monday, March 18th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $5.00.

Hedge Funds Weigh In On Telos

Several large investors have recently modified their holdings of TLS. NBC Securities Inc. acquired a new stake in shares of Telos during the third quarter worth $28,000. Schechter Investment Advisors LLC acquired a new position in shares of Telos during the 4th quarter worth $38,000. Fifth Lane Capital LP bought a new position in shares of Telos in the first quarter worth about $44,000. AJOVista LLC acquired a new stake in Telos in the fourth quarter valued at approximately $56,000. Finally, Jump Financial LLC bought a new stake in Telos during the 3rd quarter worth $56,000. 62.14% of the stock is owned by 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.