Telos Corp’s recent filing unveils that its Chairman and CEO Wood John B acquired Company’s shares for reported $0.38 million on Aug 12 ’24. In the deal valued at $2.39 per share,158,644 shares were bought. As a result of this transaction, Wood John B now holds 5,026,925 shares worth roughly $18.45 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Schaufeld Fredrick bought 212,463 shares, generating $533,282 in total proceeds. Upon buying the shares at $2.51, the Director now owns 1,556,610 shares.
Before that, Schaufeld Fredrick bought 37,537 shares. Telos Corp shares valued at $88,212 were divested by the Director at a price of $2.35 per share. As a result of the transaction, Schaufeld Fredrick now holds 1,594,147 shares, worth roughly $5.85 million.
B. Riley Securities upgraded its Telos Corp [TLS] rating to a Buy from a a Neutral in a research note published on November 10, 2023; the price target was increased to $4.50 from $2.75. A number of analysts have revised their coverage, including Northland Capital’s analysts, who increased its forecast for the stock in late September from “a Market perform” to “an Outperform”. Northland Capital also remained covering TLS and has decreased its forecast on January 03, 2023 with a “Market perform” recommendation from previously “an Outperform” rating. B. Riley Securities revised its rating on November 15, 2022. It rated TLS as “a Neutral” which previously was an “a Buy”.
Price Performance Review of TLS
On Friday, Telos Corp [NASDAQ:TLS] saw its stock unchanged to $3.67. Over the last five days, the stock has gained 7.31%. Telos Corp shares have risen nearly 0.55% since the year began. Nevertheless, the stocks have risen 84.42% over the past one year. While a 52-week high of $5.03 was reached on 06/03/24, a 52-week low of $1.87 was recorded on 08/12/24. SMA at 50 days reached $3.56, while 200 days put it at $3.81.
Levels Of Support And Resistance For TLS Stock
The 24-hour chart illustrates a support level at 3.60, which if violated will result in even more drops to 3.52. On the upside, there is a resistance level at 3.78. A further resistance level may holdings at 3.88. The Relative Strength Index (RSI) on the 14-day chart is 57.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 18.79%. Stochastics %K at 65.12% indicates the stock is a holding.
How much short interest is there in Telos Corp?
A steep rise in short interest was recorded in Telos Corp stocks on 2024-08-30, growing by 1.21 million shares to a total of 3.74 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 2.52 million shares. There was a rise of 32.48%, which implies that there is a positive sentiment for the stock.