Total System Services Inc (TSS): Philip W Tomlinson , director of Total System Services Inc sold 38,000 shares on May 25, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $53.93 per share for a total value of $2,049,397.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 23, 2016, Philip W Tomlinson (director) sold 57,433 shares at $53.90 per share price.On May 20, 2016, Pamela A Joseph (COO) purchased 5,000 shares at $53.40 per share price.Also, On May 19, 2016, M Troy Woods (Chairman and CEO) sold 680 shares at $53.22 per share price.On May 12, 2016, Dorenda K Weaver (EVP & Chief Accounting Officer) sold 10,802 shares at $53.03 per share price.
Shares of Total System Services (TSS) ended Wednesday, May 25, 2016 session in red amid volatile trading. The shares closed down -1.26 points or -2.30% at $53.55 with 19,54,389 shares getting traded. Post opening the session at $54.85, the shares hit an intraday low of $53.44 and an intraday high of $54.95 and the price vacillated in this range throughout the day. The company has a market cap of $9,832 M and the number of outstanding shares has been calculated to be 18,36,12,030 shares. The 52-week high of Total System Services is $56.69 and the 52-week low is $37.47.
Company has been under the radar of several Street Analysts.Total System Services is Downgraded by Credit Agricole to Outperform. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on May 25, 2016.Total System Services is Reiterated by Compass Point to Neutral and the brokerage firm has raised the Price Target to $ 56 from a previous price target of $51 .The Rating was issued on Apr 27, 2016.Total System Services is Upgraded by Wells Fargo to Outperform. Earlier the firm had a rating of Market Perform on the company shares. The Rating was issued on Apr 27, 2016.Total System Services is Initiated by Nomura to Buy and the brokerage firm has set the Price Target at $56. The Rating was issued on Apr 20, 2016.Total System Services is Initiated by Compass Point to Neutral and the brokerage firm has set the Price Target at $51. The Rating was issued on Apr 15, 2016.
Total System Services Inc. (TSYS) is a global payment solutions provider that provides services to financial and nonfinancial institutions. The Company also provides processing services acquiring solutions related systems and integrated support services to merchant acquirers and merchants. In addition it provides general purpose reloadable (GPR) prepaid and payroll cards and alternative financial service solutions to the underbanked and other consumers. Its operating segments include North America Services Merchant Services NetSpend and International Services. Through the Company’s North America Services and International Services segments TSYS processes information through its cardholder systems to financial and non-financial institutions. The Merchant Services segment includes electronic processing and other services provided to merchants and merchant acquirers. The NetSpend segment provides GPR prepaid debit and payroll cards and alternative financial service solutions.