Inspire Investing LLC Makes New Investment in Telos Co. (NASDAQ:TLS)

Inspire Investing LLC acquired a new stake in shares of Telos Co. (NASDAQ:TLS) in the 1st quarter, HoldingsChannel reports. The fund acquired 220,082 shares of the company’s stock, valued at approximately $916,000.

Other institutional investors also recently modified their holdings of the company. Schechter Investment Advisors LLC purchased a new position in Telos during the 4th quarter valued at about $38,000. Fifth Lane Capital LP purchased a new position in shares of Telos during the first quarter valued at approximately $44,000. SG Americas Securities LLC bought a new position in shares of Telos during the first quarter valued at approximately $58,000. AJOVista LLC purchased a new stake in Telos in the fourth quarter worth $56,000. Finally, Pinnacle Wealth Management Advisory Group LLC lifted its stake in Telos by 73.8% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 18,175 shares of the company’s stock worth $66,000 after acquiring an additional 7,720 shares during the period. 62.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

TLS has been the subject of several research reports. BMO Capital Markets decreased their price objective on shares of Telos from $4.50 to $4.00 and set a “market perform” rating for the company in a report on Monday, May 13th. Needham & Company LLC reiterated a “hold” rating on shares of Telos in a research report on Monday, June 24th. Finally, Wedbush restated an “outperform” rating and issued a $6.00 price objective on shares of Telos in a report on Monday, May 13th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $5.00.

Insider Buying and Selling

In related news, CEO John B. Wood purchased 50,000 shares of Telos stock in a transaction dated Tuesday, May 14th. The stock was purchased at an average cost of $3.11 per share, for a total transaction of $155,500.00. Following the completion of the acquisition, the chief executive officer now directly owns 4,843,281 shares of the company’s stock, valued at $15,062,603.91. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. In other Telos news, CEO John B. Wood bought 50,000 shares of the business’s stock in a transaction on Tuesday, May 14th. The shares were acquired at an average cost of $3.11 per share, for a total transaction of $155,500.00. Following the purchase, the chief executive officer now owns 4,843,281 shares in the company, valued at approximately $15,062,603.91. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Fredrick Schaufeld purchased 8,219 shares of the stock in a transaction dated Monday, May 20th. The shares were acquired at an average cost of $3.80 per share, for a total transaction of $31,232.20. Following the completion of the acquisition, the director now owns 394,484 shares of the company’s stock, valued at $1,499,039.20. The disclosure for this purchase can be found here. Insiders have purchased 503,610 shares of company stock worth $1,970,882 in the last 90 days. Insiders own 12.40% of the company’s stock.

Telos Stock Performance

Shares of TLS stock opened at $4.34 on Wednesday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 4.00 and a current ratio of 4.05. The company’s fifty day moving average price is $3.87 and its 200-day moving average price is $3.88. Telos Co. has a 12 month low of $1.87 and a 12 month high of $5.03.

Telos (NASDAQ:TLS) last announced its quarterly earnings data on Friday, May 10th. The company reported ($0.12) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.08. Telos had a negative net margin of 22.22% and a negative return on equity of 22.69%. The business had revenue of $29.62 million for the quarter, compared to analysts’ expectations of $28.50 million. Equities analysts expect that Telos Co. will post -0.77 earnings per share for the current year.

About Telos

Telos Corporation, together with its subsidiaries, provides cyber, cloud, and enterprise security solutions worldwide. The company operates in two segments, Security Solutions and Secure Networks. It provides Xacta, a platform for enterprise cyber risk management and security compliance automation; and consulting, assessment and compliance, engineering and evaluation, operations, and penetration testing services.