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Insider Sale: Senior Vice President Kieran Brennan Sells 45,000 Shares of TSS Inc (TSSI)

Published 2024-09-11, 07:07 p/m
Insider Sale: Senior Vice President Kieran Brennan Sells 45,000 Shares of TSS Inc (TSSI)
SSTI
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GuruFocus - On September 10, 2024, Kieran Brennan, Senior Vice President of TSS Inc (TSSI), executed a sale of 45,000 shares of the company at a price of $5.08 per share. This transaction was documented in an SEC Filing. Following this sale, the insider now owns 572,880 shares of TSS Inc.

TSS Inc specializes in providing integrated services and products to the data center and telecommunications industries. Their offerings include maintenance, construction, and facilities management, ensuring operational efficiency and infrastructure reliability.

Over the past year, the insider has sold a total of 70,000 shares and has not made any purchases. The recent transaction is part of a broader trend within TSS Inc, where there have been five insider sales and only one insider buy over the last year.

Shares of TSS Inc were trading at $5.08 on the day of the sale, giving the company a market cap of $114.449 million. The price-earnings ratio of the company stands at 53.08, significantly higher than both the industry median of 25.83 and the company's historical median.

The stock's valuation, according to GF Value, is calculated at $0.86, indicating a price-to-GF-Value ratio of 5.91. This suggests that TSS Inc is significantly overvalued based on its GF Value.

The GF Value is derived from historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes as estimated by Morningstar analysts.

This insider sale might be of interest to investors tracking insider behaviors as an indicator of the company's future prospects and valuation alignment.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

This content was originally published on Gurufocus.com

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