Essex Investment Management Co. LLC Has $179,000 Stake in TransAct Technologies Incorporated (NASDAQ:TACT)

Essex Investment Management Co. LLC lifted its holdings in shares of TransAct Technologies Incorporated (NASDAQ:TACT) by 20.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,841 shares of the technology company’s stock after purchasing an additional 7,402 shares during the quarter. Essex Investment Management Co. LLC owned 0.44% of TransAct Technologies worth $179,000 at the end of the most recent quarter.

Separately, Legato Capital Management LLC acquired a new stake in TransAct Technologies during the 4th quarter worth approximately $44,000. Institutional investors and hedge funds own 74.46% of the company’s stock.

TransAct Technologies Price Performance

TACT opened at $3.93 on Monday. The company has a market capitalization of $39.34 million, a price-to-earnings ratio of -19.65 and a beta of 1.80. The business’s 50-day moving average price is $4.31 and its two-hundred day moving average price is $4.27. TransAct Technologies Incorporated has a 1 year low of $3.32 and a 1 year high of $7.13.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on shares of TransAct Technologies in a report on Tuesday, March 4th. They issued a “hold” rating for the company.

TransAct Technologies 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.