Telos Independent Director Bonnie Carroll Sells 50% Of Holding

Anyone interested in Telos Corporation (NASDAQ:TLS) should probably be aware that the Independent Director, Bonnie Carroll, recently divested US$127k worth of shares in the company, at an average price of US$2.78 each. The eyebrow raising move amounted to a reduction of 50% in their holding.

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Telos Insider Transactions Over The Last Year

The Independent Director Fredrick Schaufeld made the biggest insider purchase in the last 12 months. That single transaction was for US$621k worth of shares at a price of US$2.51 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$2.79. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

Over the last year, we can see that insiders have bought 423.64k shares worth US$1.0m. But insiders sold 45.56k shares worth US$127k. In the last twelve months there was more buying than selling by Telos insiders. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

See our latest analysis for Telos

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.

Insider Ownership Of Telos

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. Insiders own 15% of Telos shares, worth about US$30m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Does This Data Suggest About Telos Insiders?

An insider sold Telos shares recently, but they didn't buy any. But we take heart from prior transactions. We like that insiders own a fair amount of the company. So we're happy enough to look past some selling. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Every company has risks, and we've spotted 3 warning signs for Telos you should know about.

But note: Telos may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.