TSS, Inc. (NASDAQ:TSSI) SVP Kieran Brennan Sells 10,000 Shares

TSS, Inc. (NASDAQ:TSSI - Get Free Report) SVP Kieran Brennan sold 10,000 shares of the business's stock in a transaction on Friday, May 23rd. The shares were sold at an average price of $13.07, for a total value of $130,700.00. Following the sale, the senior vice president now owns 323,000 shares in the company, valued at approximately $4,221,610. The trade was a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

TSS Stock Performance

TSSI traded up $2.03 during midday trading on Friday, hitting $14.27. The stock had a trading volume of 5,026,549 shares, compared to its average volume of 1,547,269. The company has a market cap of $357.04 million, a P/E ratio of 79.28 and a beta of 0.95. TSS, Inc. has a 1 year low of $1.48 and a 1 year high of $18.26. The business has a fifty day moving average of $8.68 and a 200 day moving average of $10.40.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of TSSI. Evernest Financial Advisors LLC purchased a new position in shares of TSS during the fourth quarter valued at about $1,605,000. J.W. Cole Advisors Inc. bought a new stake in TSS in the 4th quarter worth about $289,000. D.A. Davidson & CO. bought a new stake in shares of TSS in the fourth quarter worth approximately $850,000. New York State Common Retirement Fund bought a new stake in TSS in the 4th quarter worth approximately $1,112,000. Finally, Wealthspire Advisors LLC purchased a new stake in TSS during the fourth quarter valued at $120,000.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised TSS from a "hold" rating to a "buy" rating in a research note 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.