GSA Capital Partners LLP Acquires 125,172 Shares of Telos Corporation (NASDAQ:TLS)

GSA Capital Partners LLP grew its position in shares of Telos Corporation (NASDAQ:TLS - Free Report) by 35.1% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 482,171 shares of the company's stock after buying an additional 125,172 shares during the quarter. GSA Capital Partners LLP owned 0.64% of Telos worth $1,148,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. NBC Securities Inc. boosted its holdings in shares of Telos by 100,808.3% during the first quarter. NBC Securities Inc. now owns 12,109 shares of the company's stock worth $28,000 after purchasing an additional 12,097 shares during the last quarter. ProShare Advisors LLC lifted its position in Telos by 49.1% during the fourth quarter. ProShare Advisors LLC now owns 15,512 shares of the company's stock worth $53,000 after buying an additional 5,105 shares during the period. Alpha Wealth Funds LLC acquired a new stake in Telos in the 4th quarter worth about $69,000. MetLife Investment Management LLC grew its holdings in Telos by 25.0% in the 4th quarter. MetLife Investment Management LLC now owns 34,017 shares of the company's stock valued at $116,000 after buying an additional 6,812 shares during the period. Finally, Wells Fargo & Company MN lifted its holdings in shares of Telos by 15.6% during the 4th quarter. Wells Fargo & Company MN now owns 34,877 shares of the company's stock worth $119,000 after acquiring an additional 4,705 shares during the period. 62.14% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. BMO Capital Markets cut their target price on Telos from $3.00 to $2.25 and set a "market perform" rating on the stock in a research report on Monday, May 12th. Wall Street Zen upgraded Telos from a "sell" rating to a "hold" rating in a research note on Thursday, May 22nd. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $3.94.

Telos Trading Down 3.5%

Shares of Telos stock traded down $0.09 during trading hours on Friday, hitting $2.48. The company's stock had a trading volume of 750,108 shares, compared to its average volume of 606,071. The business has a fifty day moving average of $2.79 and a 200 day moving average of $2.81. The company has a market capitalization of $182.26 million, a PE ratio of -3.31 and a beta of 0.96. Telos Corporation has a 1-year low of $1.83 and a 1-year high of $4.82. The company has a quick ratio of 3.94, a current ratio of 4.00 and a debt-to-equity ratio of 0.06.

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.