Dakota Wealth Management Acquires New Holdings in TSS, Inc. (NASDAQ:TSSI)

Dakota Wealth Management bought a new position in TSS, Inc. (NASDAQ:TSSI) in the 4th quarter, Holdings Channel.com reports. The fund bought 83,330 shares of the company’s stock, valued at approximately $988,000.

Separately, ARS Investment Partners LLC bought a new stake in TSS in the fourth quarter worth $404,000.

Insider Activity

In other TSS news, Director Peter H. Woodward sold 50,000 shares of the business’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $9.07, for a total transaction of $453,500.00. Following the completion of the transaction, the director now owns 1,183,521 shares of the company’s stock, valued at $10,734,535.47. The trade was a 4.05 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Darryll E. Dewan sold 150,000 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $7.24, for a total value of $1,086,000.00. Following the completion of the sale, the chief executive officer now directly owns 522,827 shares in the company, valued at approximately $3,785,267.48. This represents a 22.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 564,506 shares of company stock valued at $4,857,072. Insiders own 30.53% of the company’s stock.

TSS Price Performance

TSS stock opened at $16.54 on Friday. TSS, Inc. has a one year low of $0.24 and a one year high of $18.26. The company’s fifty day moving average price is $10.67 and its two-hundred day moving average price is $7.13. The company has a market capitalization of $394.98 million, a price-to-earnings ratio of 91.89 and a beta of 0.85.

TSS Company Profile

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.