Telos Corp CEO Wood sells $1.31 million in shares

Published 05/09/2025, 23:32
Telos Corp CEO Wood sells $1.31 million in shares

Telos CORP (NASDAQ: TLS) Chairman and CEO John B. Wood sold 200,000 shares of common stock on September 5, 2025, for $1.31 million. The price per share was $6.55, close to the stock’s 52-week high of $6.90. The company, currently valued at $470 million, has shown remarkable momentum with a 108% return over the past six months. According to InvestingPro analysis, Telos maintains strong liquidity with more cash than debt on its balance sheet.

Following the transaction, Wood directly owns 4,984,365 shares of Telos CORP. Additionally, Wood indirectly owns 772,485 shares through an LLC and 193,970.5 shares through a 401(k) plan. The company maintains a healthy financial position with a current ratio of 2.65. Want deeper insights? InvestingPro offers 12 additional investment tips and a comprehensive Pro Research Report for Telos, helping investors make informed decisions.

In other recent news, Telos Corporation reported strong financial results for the second quarter of 2025, with revenue reaching $36 million. This figure surpassed both the company’s guidance and marked a 26% increase compared to the previous year. The adjusted EBITDA also turned positive at $400,000, contrary to expectations of a loss. Following these results, Telos announced that it has no plans to raise capital through equity offerings, citing a cash reserve of approximately $57 million as of June 30, 2025, and no outstanding debt.

Analysts responded positively to Telos’ performance. BMO Capital raised its price target for Telos to $4.50, noting improved execution on large contracts. Wedbush also increased its price target to $6.00, highlighting the company’s strong second-quarter results. Both firms maintained their respective ratings on the stock. These developments reflect a period of positive momentum for Telos, driven by better-than-expected earnings and revenue outcomes.

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