TransAct Technologies (NASDAQ:TACT) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of TransAct Technologies (NASDAQ:TACT) in a report released on Wednesday. The brokerage issued a hold rating on the technology company’s stock.

TransAct Technologies Stock Up 6.4 %

TACT stock opened at $4.16 on Wednesday. The company’s 50-day moving average price is $4.32 and its two-hundred day moving average price is $4.05. The firm has a market cap of $41.64 million, a P/E ratio of -20.80 and a beta of 1.74. TransAct Technologies has a 12 month low of $3.32 and a 12 month high of $7.97.

Institutional Trading of TransAct Technologies

Several institutional investors and hedge funds have recently modified their holdings of the business. Silverberg Bernstein Capital Management LLC grew its holdings in shares of TransAct Technologies by 2.8% during the 3rd quarter. Silverberg Bernstein Capital Management LLC now owns 424,090 shares of the technology company’s stock valued at $2,061,000 after purchasing an additional 11,700 shares during the last quarter. Vanguard Group Inc. boosted its position in TransAct Technologies by 0.9% in the first quarter. Vanguard Group Inc. now owns 408,192 shares of the technology company’s stock valued at $2,139,000 after buying an additional 3,821 shares in the last quarter. Bard Associates Inc. grew its stake in shares of TransAct Technologies by 2.3% during the third quarter. Bard Associates Inc. now owns 155,575 shares of the technology company’s stock worth $756,000 after buying an additional 3,440 shares during the last quarter. Gabelli Funds LLC increased its holdings in shares of TransAct Technologies by 8.6% during the second quarter. Gabelli Funds LLC now owns 38,000 shares of the technology company’s stock worth $143,000 after buying an additional 3,000 shares in the last quarter. Finally, Essex Investment Management Co. LLC lifted its stake in shares of TransAct Technologies by 66.8% in the 3rd quarter. Essex Investment Management Co. LLC now owns 36,439 shares of the technology company’s stock valued at $177,000 after acquiring an additional 14,599 shares during the last quarter. 74.46% of the stock is currently owned by institutional investors.

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.