Quadrature Capital Ltd Acquires Shares of 23,381 Telos Co. (NASDAQ:TLS)

Quadrature Capital Ltd acquired a new stake in shares of Telos Co. (NASDAQ:TLS) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 23,381 shares of the company’s stock, valued at approximately $85,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. increased its stake in Telos by 153.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,539,842 shares of the company’s stock valued at $9,270,000 after purchasing an additional 1,537,848 shares in the last quarter. Natixis Advisors L.P. bought a new stake in Telos during the 4th quarter valued at about $432,000. Citigroup Inc. increased its stake in Telos by 53.2% during the 3rd quarter. Citigroup Inc. now owns 35,619 shares of the company’s stock valued at $85,000 after purchasing an additional 12,369 shares in the last quarter. Jump Financial LLC increased its stake in Telos by 307.9% during the 4th quarter. Jump Financial LLC now owns 95,452 shares of the company’s stock valued at $348,000 after purchasing an additional 72,052 shares in the last quarter. Finally, GSA Capital Partners LLP increased its stake in Telos by 69.5% during the 3rd quarter. GSA Capital Partners LLP now owns 614,962 shares of the company’s stock valued at $1,470,000 after purchasing an additional 252,189 shares in the last quarter. 62.14% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Telos

In other news, Director Fredrick Schaufeld purchased 84,063 shares of the stock in a transaction on Tuesday, May 14th. The shares were acquired at an average price of $3.14 per share, with a total value of $263,957.82. Following the completion of the acquisition, the director now directly owns 339,512 shares of the company’s stock, valued at $1,066,067.68. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, Director Fredrick Schaufeld purchased 84,063 shares of the stock in a transaction on Tuesday, May 14th. The shares were acquired at an average price of $3.14 per share, with a total value of $263,957.82. Following the completion of the acquisition, the director now directly owns 339,512 shares of the company’s stock, valued at $1,066,067.68. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO John B. Wood bought 50,000 shares of the stock in a transaction dated Tuesday, May 14th. The stock was bought at an average cost of $3.11 per share, for a total transaction of $155,500.00. Following the acquisition, the chief executive officer now directly owns 4,843,281 shares of the company’s stock, valued at approximately $15,062,603.91. The disclosure for this purchase can be found here. Insiders have bought 503,610 shares of company stock valued at $1,970,882 over the last 90 days. 12.40% of the stock is currently owned by corporate insiders.

Telos Stock Performance

TLS opened at $4.02 on Friday. The company has a current ratio of 4.05, a quick ratio of 4.00 and a debt-to-equity ratio of 0.06. The company has a market cap of $288.48 million, a price-to-earnings ratio of -9.14 and a beta of 1.01. The company’s 50 day moving average is $3.79 and its 200 day moving average is $3.89. Telos Co. has a 12-month low of $1.87 and a 12-month high of $5.03.

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

Wall Street Analyst Weigh In

A number of analysts have weighed in on TLS shares. BMO Capital Markets reduced their price objective on shares of Telos from $4.50 to $4.00 and set a “market perform” rating for the company in a research note on Monday, May 13th. Wedbush reiterated an “outperform” rating and issued a $6.00 price target on shares of Telos in a research note on Monday, May 13th. Needham & Company LLC reiterated a “hold” rating on shares of Telos in a research note on Monday, June 24th. DA Davidson lifted their price target on shares of Telos from $3.25 to $3.50 and gave the stock a “neutral” rating in a research note on Monday, March 18th. Finally, B. Riley lifted their price target on shares of Telos from $4.50 to $5.50 and gave the stock a “buy” rating in a research note on Monday, March 18th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Telos has an average rating of “Moderate Buy” and a consensus price target of $5.00.

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.