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

Telos Co. (NASDAQ:TLS) Director Fredrick Schaufeld purchased 54,650 shares of the firm’s stock in a transaction dated Friday, May 24th. The stock was bought at an average cost of $3.98 per share, for a total transaction of $217,507.00. Following the acquisition, the director now directly owns 687,920 shares in the company, valued at $2,737,921.60. The purchase 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 purchased 8,219 shares of Telos stock. The shares were purchased at an average price 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 purchased at an average price of $4.01 per share, with a total value of $401,994.48.
• On Tuesday, May 14th, Fredrick Schaufeld acquired 84,063 shares of Telos stock. The shares were purchased at an average cost of $3.14 per share, for a total transaction of $263,957.82.

Telos Stock Performance

TLS opened at $3.96 on Friday. Telos Co. has a one year low of $1.87 and a one year high of $5.00. The business has a 50 day simple moving average of $3.77 and a two-hundred day simple moving average of $3.89. The company has a quick ratio of 4.00, a current ratio of 4.05 and a debt-to-equity ratio of 0.06.

Telos (NASDAQ:TLS) last announced its earnings results on Friday, March 15th. The company reported ($0.12) EPS for the quarter, meeting analysts’ consensus estimates of ($0.12). The company had revenue of $41.06 million during the quarter, compared to the consensus estimate 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 quarter in the prior year, the company earned ($0.18) earnings per share. As a group, equities research analysts anticipate that Telos Co. will post -0.77 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on TLS shares. BMO Capital Markets reduced their price target on shares of Telos from $4.50 to $4.00 and set a “market perform” rating on the stock in a research report on Monday, May 13th. B. Riley lifted their target price on shares of Telos from $4.50 to $5.50 and gave the stock a “buy” rating in a research report on Monday, March 18th. Wedbush restated an “outperform” rating and set a $6.00 price target on shares of Telos in a research report on Monday, May 13th. Needham & Company LLC reiterated a “hold” rating on shares of Telos in a report on Monday, May 13th. Finally, DA Davidson increased 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 issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $5.00.

Institutional Investors Weigh In On Telos

Several institutional investors and hedge funds have recently modified their holdings of TLS. B. Riley Wealth Advisors Inc. raised its position in shares of Telos by 6.0% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 92,265 shares of the company’s stock worth $384,000 after acquiring an additional 5,200 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its stake in Telos by 3.2% in the first quarter. Jacobs Levy Equity Management Inc. now owns 699,458 shares of the company’s stock worth $2,910,000 after purchasing an additional 21,828 shares during the period. Lazard Asset Management LLC bought a new position in Telos in the first quarter worth $58,000. Acadian Asset Management LLC raised its holdings in Telos by 4.5% in the first quarter. Acadian Asset Management LLC now owns 2,068,075 shares of the company’s stock worth $8,600,000 after purchasing an additional 88,336 shares in the last quarter. Finally, Inspire Investing LLC bought a new stake in shares of Telos during the 1st quarter valued at $916,000. 62.14% of the stock is owned by hedge funds and other institutional investors.

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.