Jane Street Group LLC Purchases New Position in TSS, Inc. (NASDAQ:TSSI)

Jane Street Group LLC bought a new stake in TSS, Inc. (NASDAQ:TSSI - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 50,897 shares of the company's stock, valued at approximately $604,000. Jane Street Group LLC owned about 0.21% of TSS as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Value Aligned Research Advisors LLC bought a new position in shares of TSS in the fourth quarter valued at approximately $2,231,000. Evernest Financial Advisors LLC bought a new position in TSS during the fourth quarter worth $1,605,000. Geode Capital Management LLC bought a new position in TSS during the fourth quarter worth $1,539,000. Mesirow Financial Investment Management Inc. bought a new position in TSS during the fourth quarter worth $1,272,000. Finally, New York State Common Retirement Fund bought a new position in TSS during the fourth quarter worth $1,112,000.

Insider Transactions at TSS

In other TSS news, SVP Kieran Brennan sold 10,000 shares of the stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $13.07, for a total transaction of $130,700.00. Following the sale, the senior vice president now owns 323,000 shares of the company's stock, valued at $4,221,610. This represents a 3.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 18.94% of the stock is owned by insiders.

TSS Stock Up 16.6%

TSS stock traded up $2.03 on Friday, hitting $14.27. The company's stock had a trading volume of 5,026,549 shares, compared to its average volume of 1,547,269. The firm has a market cap of $357.04 million, a P/E ratio of 79.28 and a beta of 0.95. The company has a fifty day moving average price of $8.68 and a 200-day moving average price of $10.38. TSS, Inc. has a one year low of $1.48 and a one year high of $18.26.

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

Analyst Upgrades and Downgrades

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

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.