JT Stratford LLC Purchases Shares of 65,545 TSS, Inc. (NASDAQ:TSSI)

JT Stratford LLC acquired a new position in TSS, Inc. (NASDAQ:TSSI) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 65,545 shares of the company’s stock, valued at approximately $777,000. JT Stratford LLC owned 0.27% of TSS as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Palisades Investment Partners LLC bought a new position in TSS in the 4th quarter worth $2,997,000. Value Aligned Research Advisors LLC bought a new position in shares of TSS in the fourth quarter worth about $2,231,000. Evernest Financial Advisors LLC purchased a new stake in shares of TSS during the fourth quarter worth about $1,605,000. Geode Capital Management LLC purchased a new stake in shares of TSS during the fourth quarter worth about $1,539,000. Finally, Mesirow Financial Investment Management Inc. bought a new stake in TSS during the 4th quarter valued at approximately $1,272,000.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded TSS from a “hold” rating to a “buy” rating in a research note on Thursday.

TSS Stock Performance

TSSI opened at $12.25 on Friday. The stock has a market capitalization of $306.50 million, a price-to-earnings ratio of 68.06 and a beta of 0.95. The company has a fifty day moving average of $8.25 and a 200 day moving average of $10.23. TSS, Inc. has a fifty-two week low of $1.40 and a fifty-two week high of $18.26.

TSS (NASDAQ:TSSI) last issued its quarterly earnings data on Thursday, May 15th. The company reported $0.12 earnings per share for the quarter. TSS had a return on equity of 87.89% and a net margin of 3.59%. The firm had revenue of $98.96 million during the quarter.

About TSS

TSS, Inc offers planning, design, engineering, construction management, commissioning and maintenance services. It provides these services primarily for specialized facilities such as data centers, communications rooms, call centers, laboratories, trading floors, network operations centers, medical facilities and similar environments.