TSS (NASDAQ:TSSI) CFO Sells $375,000.00 in Stock

TSS Inc. (NASDAQ:TSSI – Get Free Report) CFO Daniel Chism sold 25,000 shares of TSS stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $15.00, for a total transaction of $375,000.00. Following the sale, the chief financial officer directly owned 338,215 shares in the company, valued at approximately $5,073,225. The trade was a 6.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

TSS Stock Down 0.4%

TSSI stock opened at $14.91 on Friday. The firm has a market cap of $414.05 million, a PE ratio of 28.13 and a beta of 2.04. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.41 and a current ratio of 1.63. The firm’s 50 day moving average price is $11.11 and its 200-day moving average price is $11.63. TSS Inc. has a one year low of $6.50 and a one year high of $31.94.

TSS (NASDAQ:TSSI – Get Free Report) last released its quarterly earnings results on Wednesday, March 11th. The company reported $0.41 EPS for the quarter. The firm had revenue of $60.91 million for the quarter. TSS had a net margin of 6.16% and a return on equity of 38.06%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on TSSI. Wall Street Zen lowered shares of TSS from a “hold” rating to a “sell” rating in a research report on Sunday. Zacks Research raised shares of TSS to a “hold” rating in a research report on Tuesday, February 17th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of TSS in a research report on Monday, December 29th. Finally, Needham & Company LLC began coverage on shares of TSS in a research report on Monday, March 30th. They set a “buy” rating and a $16.00 price target on the stock. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $17.17.

Read Our Latest Report on TSS

More TSS News

Here are the key news stories impacting TSS this week:

• Positive Sentiment: Institutional buyers increased exposure — several funds (Invesco, NewEdge, Virtu, Aristides, Diversified Trust) added or raised stakes in TSS, which can provide demand support and signal confidence from professional investors. MarketBeat Insider Trades
• Positive Sentiment: Analyst coverage improved recently — Needham initiated coverage with a “Buy” and $16 target; consensus from coverage is a Moderate Buy with a ~ $17.17 average target, which could cap downside and attract momentum buyers. Analyst Notes
• Neutral Sentiment: Recent quarterly results (reported Mar. 11) showed $0.41 EPS on $60.9M revenue, healthy ROE (~38%) and positive margins — solid fundamentals but not enough alone to offset selling pressure. Earnings/Company Snapshot
• Neutral Sentiment: Business profile — TSS provides planning/design/engineering and maintenance for specialized facilities (data centers, trading floors, labs); revenues tied to capex cycles in tech and healthcare markets. Company Profile
• Negative Sentiment: Significant insider selling by top executives — CEO Darryll Dewan sold 50,000 shares (~$750k at ~$15) on Apr. 14; CFO Daniel Chism sold 25,000 shares (~$375k) on Apr. 14; COO Karl Marrott sold multiple tranches (including 23,636 shares on Apr. 17 and earlier sales), totaling tens of thousands of shares. Large, clustered sales by C‑suite members increase near‑term supply and are weighing on the share price. See SEC/Form 4 filings and the trade alert for details: CEO/CFO/COO filings — CEO Form 4 CFO Form 4 COO Form 4 and trade alert: InsiderTrades Alert