Insider Selling: TSS, Inc. (NASDAQ:TSSI) CEO Sells 50,000 Shares of Stock

TSS, Inc. (NASDAQ:TSSI) CEO Darryll E. Dewan sold 50,000 shares of the company’s stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $9.23, for a total transaction of $461,500.00. Following the completion of the transaction, the chief executive officer now directly owns 340,914 shares of the company’s stock, valued at $3,146,636.22. This represents a 12.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

TSS Stock Down 4.7 %

Shares of TSS stock opened at $9.15 on Wednesday. The company has a market capitalization of $218.49 million, a price-to-earnings ratio of 50.83 and a beta of 0.92. The stock’s 50-day simple moving average is $7.94 and its 200-day simple moving average is $5.01. TSS, Inc. has a 52 week low of $0.24 and a 52 week high of $12.99.

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.