Telos (NASDAQ:TLS) EVP Gary Mark Bendza Sells 25,461 Shares of Stock

by · The Markets Daily

Telos Corporation (NASDAQ:TLS – Get Free Report) EVP Gary Bendza sold 25,461 shares of the stock in a transaction on Friday, September 11th. The stock was sold at an average price of $4.33, for a total value of $110,246.13. Following the completion of the sale, the executive vice president directly owned 511,547 shares in the company, valued at approximately $2,214,998.51. This represents a 4.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Gary Mark Bendza also recently made the following trade(s):

  • On Wednesday, September 9th, Gary Bendza sold 200,000 shares of Telos stock. The stock was sold at an average price of $4.55, for a total value of $910,000.00.
  • On Friday, June 26th, Gary Bendza sold 80,140 shares of Telos stock. The stock was sold at an average price of $4.41, for a total transaction of $353,417.40.
  • On Thursday, June 25th, Gary Bendza sold 97,976 shares of Telos stock. The shares were sold at an average price of $4.19, for a total transaction of $410,519.44.
  • On Wednesday, June 24th, Gary Bendza sold 71,884 shares of Telos stock. The shares were sold at an average price of $4.36, for a total transaction of $313,414.24.

Telos Stock Down 15.6%

Telos stock traded down $0.73 during trading hours on Friday, hitting $3.95. The stock had a trading volume of 1,313,997 shares, compared to its average volume of 531,734. The company has a quick ratio of 2.26, a current ratio of 2.38 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $295.22 million, a P/E ratio of -18.81 and a beta of 0.98. Telos Corporation has a 12-month low of $3.79 and a 12-month high of $8.36. The stock’s 50-day moving average price is $4.60 and its 200-day moving average price is $4.46.

Telos (NASDAQ:TLS – Get Free Report) last posted its quarterly earnings results on Monday, August 10th. The company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.02. The firm had revenue of $47.75 million for the quarter, compared to analysts’ expectations of $45.16 million. Telos had a negative net margin of 8.13% and a negative return on equity of 2.60%. Equities research analysts anticipate that Telos Corporation will post -0.05 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Integrated Wealth Concepts LLC bought a new stake in shares of Telos during the 2nd quarter valued at about $34,000. NewEdge Advisors LLC boosted its holdings in shares of Telos by 413.6% in the second quarter. NewEdge Advisors LLC now owns 75,186 shares of the company’s stock worth $346,000 after buying an additional 60,548 shares during the last quarter. Waverly Advisors LLC bought a new stake in Telos during the second quarter valued at approximately $400,000. Public Employees Retirement System of Ohio purchased a new stake in Telos during the second quarter valued at approximately $128,000. Finally, Globeflex Capital L P purchased a new stake in Telos during the second quarter valued at approximately $1,336,000. Institutional investors own 62.14% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on TLS. Zacks Research raised Telos from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 20th. Wall Street Zen lowered shares of Telos from a “buy” rating to a “hold” rating in a research note on Saturday, August 29th. Needham & Company LLC began coverage on shares of Telos in a report on Tuesday, May 26th. They set a “buy” rating and a $6.00 price objective for the company. Weiss Ratings upgraded shares of Telos from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, August 26th. Finally, Wedbush cut shares of Telos from an “outperform” rating to a “neutral” rating and set a $5.00 target price on the stock. in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $6.50.

Get Our Latest Stock Report on Telos

Telos Company Profile

(Get Free Report)

Telos Corporation (NASDAQ: TLS) is a provider of cybersecurity, secure communications, and enterprise IT solutions designed to help organizations manage risk, accelerate mission delivery and maintain compliance. The company’s core business activities encompass risk management and compliance automation, secure mobility, zero-trust architecture, cloud security, and identity and access management. Telos serves a diverse customer base that includes U.S. federal agencies, the Department of Defense, intelligence communities and select commercial enterprises.

Among its flagship offerings is the Xacta® platform, which automates assessment and authorization for IT systems and cloud environments, helping clients streamline compliance with NIST, FedRAMP and other frameworks.

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