Geode Capital Management LLC Makes New Investment in TSS, Inc. (NASDAQ:TSSI)

Geode Capital Management LLC purchased a new stake in shares of TSS, Inc. (NASDAQ:TSSI - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 129,750 shares of the company's stock, valued at approximately $1,539,000. Geode Capital Management LLC owned about 0.54% of TSS as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Tucker Asset Management LLC bought a new position in shares of TSS during the fourth quarter valued at about $34,000. Wealthspire Advisors LLC purchased a new position in TSS during the 4th quarter valued at about $120,000. Victory Capital Management Inc. bought a new position in TSS during the 4th quarter valued at approximately $123,000. HighTower Advisors LLC purchased a new stake in TSS in the 4th quarter worth approximately $203,000. Finally, J.W. Cole Advisors Inc. bought a new stake in shares of TSS in the 4th quarter worth approximately $289,000.

TSS Stock Performance

Shares of TSS stock traded up $0.08 during midday trading on Friday, reaching $7.61. 1,526,305 shares of the company's stock traded hands, compared to its average volume of 1,070,352. The stock has a 50 day moving average of $8.24 and a 200-day moving average of $9.97. TSS, Inc. has a 12 month low of $0.81 and a 12 month high of $18.26. The company has a market cap of $181.72 million, a PE ratio of 42.28 and a beta of 0.88.

TSS (NASDAQ:TSSI - Get Free Report) last issued its quarterly earnings data on Thursday, March 27th. The company reported $0.08 EPS for the quarter. The business had revenue of $50.03 million during the quarter. TSS had a net margin of 3.59% and a return on equity of 87.89%.

TSS 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.