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Telos CORP (NASDAQ:TLS), which has seen its stock surge nearly 117% over the past six months according to InvestingPro data, reported that Chairman and CEO John B. Wood sold 174,700 shares of common stock on September 5, 2025, for a total value of $1,084,887. The shares were sold at a weighted average price of $6.21, with individual sales prices ranging from $6.04 to $6.70.
Following the transaction, Wood directly holds 4,238,776 shares of Telos CORP. He also indirectly holds 1,543,374 shares through JJJJJV, LLC.
In other recent news, Telos Corporation reported a strong performance for the second quarter of 2025, with revenue reaching $36 million. This figure surpassed the company’s guidance range and marked a 26% increase compared to the same period last year. Additionally, Telos achieved a positive adjusted EBITDA of $400,000, contrary to expectations of a loss. Following these results, BMO Capital raised its price target for Telos to $4.50, citing improved execution on large contracts. Wedbush also increased its price target to $6.00, maintaining an Outperform rating due to the company’s strong quarterly results. Furthermore, Telos announced it has no current plans to raise capital through equity offerings, despite recent inquiries from investors. As of June 30, 2025, the company held approximately $57 million in cash and cash equivalents and reported having no outstanding debt. Telos also projected positive cash flow for the year ending December 31, 2025.
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