TSSI TSS, Inc. Insider Trading

Director FAHY purchased 5,000 shares at $8.00; stock now $7.56, down 75.7% from $31.10 high.

Director Michael John Fahy purchased 5,000 shares at $8.00 on 2025-11-18, representing his first recorded holding in TSSI. The purchase occurs against a backdrop of severe price deterioration: the stock trades $7.56 currently, down 75.7% from its 52-week high of $31.10 and down 55.2% over the past 30 days alone. TSSI's fundamentals remain mixed—annual revenue growth of 172.3% contrasts sharply with a net loss of $1.5M in the latest quarter and a trailing P/E of 44.47. The timing of this initial purchase during a sharp downtrend, combined with sustained losses despite revenue growth, merits close monitoring of whether this represents confidence in a distressed valuation or a misreading of deteriorating operational momentum.

SVP Kieran sold 72,925 shares at $9.35–$9.69 ($690.6K) on consecutive days, reducing stake to 333.0K shares

Brennan Kieran, Senior Vice President at TSI, Inc., executed two separate sales totaling 72,925 shares on December 11–12, 2024 for $690,634.40 at a blended average price of $9.47. This represents an 18.0% reduction in his pre-transaction holdings (from 405,925 to 333.0K shares). The sales occurred near the stock's 52-week range midpoint, within 6 cents of the current price of $9.41, and during a period of strong momentum: the stock is up 82.4% over 90 days and up 1.5% over 30 days. The company shows robust fundamentals—77.6% annual revenue growth, latest quarterly revenue of $70,068,000.00, and net income of $2,646,000.00—though the P/E of 47.05 reflects an elevated valuation relative to current earnings. The timing of a material insider reduction during a strong uptrend and elevated valuation warrants monitoring for any divergence between market momentum and management perspective.

CEO Dewan sells 90,000 shares across 2 transactions ($409.4K at $10.23, $461.3K at $9.23); holds 340.9K post-sale

Dewan Darryll E, President and CEO, executed 2 separate sales totaling 90,000 shares for $870,677.00 between 2024-12-06 and 2024-12-10, reducing holdings by -20.9% to 340.9K shares. The sales occurred at blended average price $9.67, compared to current price of $9.15 (trading -23.6% from the 52-week high of $11.98). At the same ticker, his prior 3 sells were recent (2024-11-21, 2024-11-22, 2024-11-25), outcomes not yet measurable; his 2 prior buys at TSSI showed strong 90-day returns (+38.6% and +280.0%), and his cross-ticker track record shows 100% win rate on buys (avg 90d return +145.9%) versus 3 prior sells elsewhere. The company is growing revenue 77.6% annually and trades at P/E 45.75 with market cap $205.6M. The consecutive sales in November followed by these December transactions represent sustained insider liquidity activity warranting observation of subsequent stock performance and any public commentary on execution or strategic positioning.

CRO Oliver James Mulford III sold 55,772 shares of TSSI at $11.14 on 2024-12-03, reducing stake by 34.8%

Oliver James Mulford III, Chief Revenue Officer of TSS, Inc., sold 55,772 shares at $11.14, reducing his holdings from 160,276 shares to 104,504 shares—a 34.8% reduction in stake. The sale occurred near the 52-week high of $11.98 and prior to a subsequent price decline to the current level of $9.25 (-22.8% from the 52-week high). While the company demonstrates strong fundamentals with annual revenue growth of +77.6% and a market cap of $207,872,253.00, the magnitude and timing of the CRO's stake reduction—executed at an elevated price point relative to current trading levels—merits scrutiny regarding executive confidence in near-term prospects. The sale size and directional shift in insider holdings should be monitored alongside the company's continued execution against its growth trajectory.

COO Marrott sells 79,778 shares across 2 transactions ($606.3K) on 11/22–11/25, reducing stake by 48.0%

Chief Operating Officer Karl Todd Marrott executed 2 separate sales totaling 79,778 shares for $606,309.22 at blended average price of $7.60, reducing his holdings from 166,146 shares to 86,368 shares (a 48.0% reduction). The sales occurred on 2024-11-22 ($368,785.00) and 2024-11-25 ($237,524.22) at transaction prices of $7.38 and $7.98 respectively, at a time when the current stock price stands at $9.44. The company is trading at a P/E of 47.20 with annual revenue growth of +77.6%, though the stock remains 21.2% below its 52-week high of $11.98. The magnitude of the stake reduction—nearly half his holdings—in a high-growth company (revenue growth +77.6% year-over-year) alongside the material dollar amount ($606.3K) represents a significant portfolio action warrant investor attention, particularly given the valuation metrics and recent price momentum (30-day change: +32.4%).

CEO Dewan sells 201,913 TSSI shares in 2 transactions for $1.5M; blended $7.50 avg vs current $9.44

Dewan Darryll E (President and CEO) executed 2 separate sales on 2024-11-22 and 2024-11-25, selling a combined 201,913 shares (201.9K shares) for $1,514,240.15 ($1.5M) at prices of $7.24 and $8.25. This represents a -30.0% reduction in his TSSI holdings (from 672,827 to 470,914 shares post-transaction). The blended average transaction price of $7.50 sits -21.2% below the current price of $9.44, meaning the sales occurred at a material discount to today's valuation. His prior trades at TSSI show a 2 of 2 timing pattern at the 90-day mark, including a sell on 2024-11-21 and two buys on 2024-04-03 and 2023-05-16 that saw 90d returns of +280.0% and +11.9% respectively. The company's annualized trajectory includes 77.6% annual revenue growth and $70.1M in latest-quarter revenue, though valuation metrics show a 47.20 P/E and the stock has gained 81.9% over the past 90 days—the timing of this sale immediately follows a sharp rally. Context of the 30-day price action (+32.4% in the prior 30 days) suggests the sales may reflect a market-driven opportunity rather than fundamental distress, but the multi-transaction structure and post-rally timing warrant monitoring of subsequent disclosures to clarify executive intent.

CEO Dewan Darryll E sold 67,962 shares of TSSI at $7.50, reducing holdings by 9.2% to 672,827 shares; mixed signal amid 65.7% 90-day rally and strong fundamentals.

Dewan Darryll E, President and CEO, sold 67,962 shares (68.0K shares) at $7.50 for $509,681.02 ($509.7K), reducing his stake by 9.2% from 740,789 to 672,827 shares. The sale occurred during an extended price recovery—the stock has gained 65.7% over 90 days and 23.2% over 30 days—yet remains 38.3% below its 52-week high of $11.98. At TSSI specifically, Dewan's prior two trades were well-timed at the 90-day horizon: his April 2024 buy returned +280.0% and his May 2023 buy returned +11.9%. The company's fundamentals are strong, with annual revenue growth of +77.6%, a market cap of $166.1M, and net income of $2.6M on revenues of $70.1M. The timing of this sale—following a multi-month rally but from a price still discounted from the year's peak—and the presence of substantial retained holdings (672.8K shares remaining) suggest neither urgent exit nor loss of confidence, but the reduction warrants tracking against the insider's demonstrated track record of accurate entry and exit timing at this ticker.

Director Peter H Woodward sold 619,003 shares (96.1% of holdings) at $4.99–$5.06 for $3.1M on Aug 29–30.

Peter H Woodward, a director at TSSI, executed 2 separate sales totaling 619,003 shares for $3,087,381.91, reducing his holdings from 644,003 shares to 25,000 shares. The sales occurred at prices ($5.06 on Aug 29 and $4.91 on Aug 30) very close to the current price of $5.04 and near the 52-week high of $5.19. The stock has surged 106.6% over 30 days and 180.0% over 90 days from substantially lower levels ($0.25 to date), suggesting a dramatic recent appreciation. TSSI shows strong fundamentals with annual revenue growth of 77.6%, net income of $1,402,000, and a P/E of 63.0; the director's near-complete exit from a company he continues to serve on the board of warrants examination of motivations and forward guidance.