XTX Topco Ltd Acquires Shares of 65,870 TSS Inc. (NASDAQ:TSSI)

XTX Topco Ltd purchased a new position in shares of TSS Inc. (NASDAQ:TSSI - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 65,870 shares of the company's stock, valued at approximately $517,000. XTX Topco Ltd owned about 0.26% of TSS at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of TSSI. Palisades Investment Partners LLC boosted its position in TSS by 2.0% in the 1st quarter. Palisades Investment Partners LLC now owns 257,865 shares of the company's stock valued at $2,024,000 after buying an additional 5,142 shares during the last quarter. Value Aligned Research Advisors LLC acquired a new stake in TSS during the 4th quarter worth $2,231,000. Pacer Advisors Inc. acquired a new stake in TSS during the 1st quarter worth $1,087,000. Geode Capital Management LLC acquired a new stake in TSS during the 4th quarter worth $1,539,000. Finally, Boothbay Fund Management LLC acquired a new stake in TSS during the 4th quarter worth $1,031,000.

Insider Buying and Selling

In other TSS news, SVP Kieran Brennan sold 10,000 shares of the company's 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 completion of the sale, the senior vice president directly owned 323,000 shares in the company, valued at $4,221,610. This represents a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 18.94% of the stock is currently owned by insiders.

TSS Stock Down 8.9%

Shares of NASDAQ TSSI traded down $1.96 during mid-day trading on Friday, hitting $20.15. The company had a trading volume of 4,163,462 shares, compared to its average volume of 2,999,572. The firm has a 50-day simple moving average of $24.18 and a two-hundred day simple moving average of $15.11. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $504.15 million, a PE ratio of 55.97 and a beta of 1.67. TSS Inc. has a one year low of $2.12 and a one year high of $31.94.

TSS (NASDAQ:TSSI - Get Free Report) last announced its quarterly earnings results on Wednesday, August 6th. The company reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $43.97 million during the quarter. TSS had a net margin of 3.43% and a return on equity of 111.91%.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded TSS from a "buy" rating to a "hold" rating in a research note on Monday, June 23rd.

About TSS

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.