Bard Associates Inc. decreased its stake in TransAct Technologies Incorporated (NASDAQ:TACT – Free Report) by 9.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 140,150 shares of the technology company’s stock after selling 15,425 shares during the period. Bard Associates Inc.’s holdings in TransAct Technologies were worth $573,000 at the end of the most recent quarter.
Separately, Legato Capital Management LLC bought a new position in TransAct Technologies in the 4th quarter valued at approximately $44,000. Institutional investors own 74.46% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, StockNews.com started coverage on shares of TransAct Technologies in a research note on Tuesday. They set a “hold” rating for the company.
TransAct Technologies Stock Performance
TACT stock opened at $3.77 on Tuesday. The company has a fifty day moving average price of $4.33 and a 200-day moving average price of $4.30. The company has a market capitalization of $37.74 million, a P/E ratio of -18.85 and a beta of 1.73. TransAct Technologies Incorporated has a 52-week low of $3.32 and a 52-week high of $7.13.
TransAct Technologies Company Profile
TransAct Technologies Incorporated designs, develops, and markets transaction-based and specialty printers and terminals in the United States and internationally. It offers thermal printers and terminals to generate labels, coupons, and transaction records, such as receipts, tickets, and other documents.
Recommended Stories
- Five stocks we like better than TransAct Technologies
- What is an Earnings Surprise?
- Bearish Investors Can Seek Refuge in Recession-Resistant ETFs
- The Most Important Warren Buffett Stock for Investors: His Own
- 3 Oversold Magnificent Seven Stocks at Key Levels: Buy Now?
- EV Stocks and How to Profit from Them
- 3M to Hit $175 by Mid-Year, and Higher Highs Are Likely
Want to see what other hedge funds are holding TACT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TransAct Technologies Incorporated (NASDAQ:TACT – Free Report).
Receive News & Ratings for TransAct Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransAct Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
