White Pine Capital LLC raised its stake in Telos Corporation (NASDAQ:TLS – Free Report) by 36.3% during the 2nd quarter, Holdings Channel reports. The fund owned 251,090 shares of the company’s stock after acquiring an additional 66,908 shares during the period. White Pine Capital LLC’s holdings in Telos were worth $796,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also recently bought and sold shares of TLS. OLD Mission Capital LLC bought a new stake in shares of Telos during the first quarter worth approximately $30,000. AQR Capital Management LLC bought a new position in shares of Telos during the first quarter worth approximately $39,000. FNY Investment Advisers LLC acquired a new stake in Telos during the 2nd quarter worth approximately $53,000. LeConte Wealth Management LLC bought a new stake in Telos in the 2nd quarter valued at $54,000. Finally, NewEdge Advisors LLC boosted its stake in Telos by 28.7% in the 1st quarter. NewEdge Advisors LLC now owns 17,918 shares of the company’s stock valued at $43,000 after purchasing an additional 4,000 shares during the period. 62.14% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In other Telos news, Director Bradley W. Jacobs sold 25,000 shares of the firm’s stock in a transaction on Monday, August 25th. The stock was sold at an average price of $6.26, for a total value of $156,500.00. Following the sale, the director owned 188,293 shares of the company’s stock, valued at approximately $1,178,714.18. This trade represents a 11.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Fredrick Schaufeld sold 255,449 shares of Telos stock in a transaction on Friday, September 12th. The shares were sold at an average price of $6.79, for a total value of $1,734,498.71. Following the completion of the transaction, the director owned 1,338,698 shares in the company, valued at approximately $9,089,759.42. The trade was a 16.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 484,949 shares of company stock worth $3,231,914. Insiders own 14.90% of the company’s stock.
Telos Stock Down 2.8%
Telos (NASDAQ:TLS – Get Free Report) last released its earnings results on Monday, November 10th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.02 by $0.07. The firm had revenue of $51.44 million for the quarter, compared to analyst estimates of $45.70 million. Telos had a negative net margin of 20.47% and a negative return on equity of 26.12%. Telos has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Sell-side analysts anticipate that Telos Corporation will post -0.68 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several research analysts have weighed in on TLS shares. Wall Street Zen upgraded Telos from a “hold” rating to a “buy” rating in a research report on Saturday, August 16th. Wedbush upped their price target on shares of Telos from $9.00 to $10.00 and gave the company an “outperform” rating in a research note on Tuesday, November 11th. DA Davidson lifted their price objective on shares of Telos from $4.00 to $7.50 and gave the stock a “neutral” rating in a research note on Tuesday, November 11th. B. Riley reissued a “buy” rating and issued a $9.00 price objective (up previously from $8.50) on shares of Telos in a report on Tuesday, November 11th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a $4.50 target price (up from $2.25) on shares of Telos in a report on Tuesday, August 12th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $7.75.
Get Our Latest Research Report on Telos
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.
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