Wealth Enhancement Advisory Services LLC acquired a new position in TSS Inc. (NASDAQ:TSSI - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,500 shares of the company's stock, valued at approximately $122,000. Wealth Enhancement Advisory Services LLC owned approximately 0.06% of TSS as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also recently bought and sold shares of the business. Value Aligned Research Advisors LLC acquired a new stake in TSS in the fourth quarter valued at $2,231,000. JT Stratford LLC acquired a new stake in TSS in the fourth quarter valued at $777,000. Palisades Investment Partners LLC acquired a new stake in TSS in the fourth quarter valued at $2,997,000. OMERS ADMINISTRATION Corp acquired a new stake in TSS in the fourth quarter valued at $313,000. Finally, Lazard Asset Management LLC acquired a new stake in TSS in the fourth quarter valued at $114,000.
TSS Price Performance
Shares of TSSI traded down $2.42 during trading hours on Friday, reaching $20.50. 2,633,245 shares of the company traded hands, compared to its average volume of 2,592,595. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $512.91 million, a PE ratio of 56.95 and a beta of 1.66. TSS Inc. has a fifty-two week low of $2.12 and a fifty-two week high of $31.94. The stock has a fifty day simple moving average of $18.44 and a 200 day simple moving average of $13.35.
TSS (NASDAQ:TSSI - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The company reported $0.12 EPS for the quarter. The business had revenue of $98.96 million for the quarter. TSS had a return on equity of 121.89% and a net margin of 3.87%.
Insider Activity at TSS
In related news, SVP Kieran Brennan sold 5,000 shares of the stock in a transaction on Wednesday, May 28th. The stock was sold at an average price of $13.50, for a total transaction of $67,500.00. Following the sale, the senior vice president owned 318,000 shares of the company's stock, valued at $4,293,000. This trade represents a 1.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 18.94% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen lowered TSS from a "buy" rating to a "hold" rating in a research note on Monday, June 23rd.
Read Our Latest Analysis on TSSI
TSS Profile
(
Free Report)
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.
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