ARS Investment Partners LLC Buys New Position in TSS, Inc. (NASDAQ:TSSI)

ARS Investment Partners LLC bought a new stake in shares of TSS, Inc. (NASDAQ:TSSI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 34,041 shares of the company’s stock, valued at approximately $404,000. ARS Investment Partners LLC owned approximately 0.14% of TSS as of its most recent SEC filing.

TSS Stock Up 1.9 %

Shares of TSS stock opened at $12.01 on Tuesday. The company has a market cap of $286.80 million, a PE ratio of 66.73 and a beta of 0.85. The business has a 50 day moving average of $10.37 and a 200 day moving average of $6.86. TSS, Inc. has a 52 week low of $0.24 and a 52 week high of $14.49.

Insider Activity at TSS

In other TSS news, Director Peter H. Woodward sold 50,000 shares of the stock in a transaction on Friday, December 13th. The stock was sold at an average price of $9.07, for a total value of $453,500.00. Following the completion of the transaction, the director now owns 1,183,521 shares in the company, valued at approximately $10,734,535.47. This represents a 4.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Darryll E. Dewan sold 150,000 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $7.24, for a total value of $1,086,000.00. Following the completion of the transaction, the chief executive officer now owns 522,827 shares of the company’s stock, valued at approximately $3,785,267.48. This trade represents a 22.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 564,506 shares of company stock worth $4,857,072 over the last quarter. 30.53% of the stock is owned by corporate insiders.

About TSS

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.