TSS (NASDAQ:TSSI) Director Sells $180,110.00 in Stock

TSS Inc. (NASDAQ:TSSI) Director Peter Woodward sold 21,700 shares of the company’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $8.30, for a total transaction of $180,110.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

TSS Price Performance

Shares of NASDAQ:TSSI traded down $0.17 during mid-day trading on Thursday, reaching $8.30. The stock had a trading volume of 914,155 shares, compared to its average volume of 2,176,084. The company has a market cap of $239.37 million, a P/E ratio of 41.50 and a beta of 2.03. The business’s 50 day moving average price is $14.29 and its 200 day moving average price is $18.13. The company has a current ratio of 1.52, a quick ratio of 1.35 and a debt-to-equity ratio of 0.30. TSS Inc. has a 1 year low of $5.63 and a 1 year high of $31.94.

TSS (NASDAQ:TSSI) last issued its quarterly earnings data on Thursday, November 13th. The company reported ($0.06) EPS for the quarter. TSS had a return on equity of 21.81% and a net margin of 2.08%.The business had revenue of $41.88 million during the quarter.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of TSS in a research report on Monday. Singular Research assumed coverage on shares of TSS in a research note on Tuesday, September 16th. They set a “buy” rating and a $20.50 price target for the company. Loop Capital set a $15.00 price objective on shares of TSS in a research report on Monday, December 1st. Finally, Wall Street Zen downgraded shares of TSS from a “hold” rating to a “strong sell” rating in a research note on Saturday, November 15th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $17.75.

Institutional Trading of TSS

Institutional investors and hedge funds have recently made changes to their positions in the business. California State Teachers Retirement System bought a new position in shares of TSS in the second quarter worth about $33,000. BNP Paribas Financial Markets purchased a new stake in TSS in the 2nd quarter valued at about $45,000. Ameritas Investment Partners Inc. bought a new position in TSS in the 2nd quarter worth about $54,000. Legal & General Group Plc bought a new position in TSS in the 2nd quarter worth about $59,000. Finally, Tower Research Capital LLC TRC increased its position in shares of TSS by 81.1% during the second quarter. Tower Research Capital LLC TRC now owns 3,129 shares of the company’s stock worth $90,000 after acquiring an additional 1,401 shares during the period.

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.