TSS Inc. (NASDAQ:TSSI - Get Free Report) was the target of unusually large options trading on Thursday. Stock investors acquired 7,584 call options on the stock. Thisisanincreaseofapproximately63% compared to the typical volume of 4,649 call options.
Insiders Place Their Bets
In other TSS news, SVP Kieran Brennan sold 5,000 shares of the firm's stock in a transaction dated Wednesday, May 28th. The stock was sold at an average price of $13.50, for a total value of $67,500.00. Following the completion of the sale, the senior vice president owned 318,000 shares of the company's stock, valued at approximately $4,293,000. This trade represents a 1.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 18.94% of the company's stock.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of TSSI. O Shaughnessy Asset Management LLC purchased a new position in TSS during the fourth quarter valued at approximately $706,000. Geode Capital Management LLC purchased a new stake in shares of TSS in the fourth quarter valued at approximately $1,539,000. Wells Fargo & Company MN purchased a new stake in shares of TSS in the fourth quarter valued at approximately $114,000. Renaissance Technologies LLC purchased a new stake in shares of TSS in the fourth quarter valued at approximately $242,000. Finally, Advisory Services Network LLC purchased a new stake in shares of TSS in the fourth quarter valued at approximately $144,000.
Wall Street Analyst Weigh In
Separately, Wall Street Zen downgraded TSS from a "buy" rating to a "hold" rating in a report on Monday, June 23rd.
Get Our Latest Stock Report on TSSI
TSS Stock Performance
Shares of NASDAQ:TSSI traded down $1.32 during trading on Monday, hitting $18.83. The stock had a trading volume of 3,006,956 shares, compared to its average volume of 2,015,880. TSS has a 12-month low of $2.12 and a 12-month high of $31.94. The stock has a market capitalization of $471.13 million, a price-to-earnings ratio of 52.31 and a beta of 1.67. 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 50-day simple moving average of $24.18 and a two-hundred day simple moving average of $15.11.
TSS (NASDAQ:TSSI - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The company reported $0.06 earnings per share (EPS) for the quarter. TSS had a return on equity of 111.91% and a net margin of 3.43%. The firm had revenue of $43.97 million during the quarter.
TSS Company Profile
(
Get 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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