Dakota Wealth Management Makes New Investment in TSS, Inc. (NASDAQ:TSSI)

Dakota Wealth Management bought a new position in TSS, Inc. (NASDAQ:TSSI) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 83,330 shares of the company’s stock, valued at approximately $988,000. Dakota Wealth Management owned approximately 0.35% of TSS at the end of the most recent reporting period.

Separately, ARS Investment Partners LLC purchased a new position in TSS during the 4th quarter worth approximately $404,000.

TSS Stock Up 1.9 %

Shares of NASDAQ:TSSI opened at $16.54 on Friday. The company has a market cap of $394.98 million, a P/E ratio of 91.89 and a beta of 0.85. The company’s fifty day moving average is $10.67 and its two-hundred day moving average is $7.13. TSS, Inc. has a 12-month low of $0.24 and a 12-month high of $18.26.

Insider Buying and Selling

In other TSS news, CEO Darryll E. Dewan sold 150,000 shares of TSS stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $7.24, for a total transaction of $1,086,000.00. Following the completion of the sale, the chief executive officer now owns 522,827 shares of the company’s stock, valued at $3,785,267.48. This trade represents a 22.29 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, COO Karl Todd Marrott sold 29,778 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $7.98, for a total transaction of $237,628.44. Following the completion of the transaction, the chief operating officer now directly owns 86,368 shares in the company, valued at $689,216.64. This trade represents a 25.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 564,506 shares of company stock valued at $4,857,072. Corporate insiders own 30.53% of the company’s stock.

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.