Today’s Ownership Action: 1.07 is Transact Technologies Inc’s (NASDAQ:TACT) Institutional Investor Sentiment

November 16, 2016 - By Linda Rogers   ·   0 Comments

Today's Ownership Action: 1.07 is Transact Technologies Inc's (NASDAQ:TACT) Institutional Investor Sentiment

Sentiment for Transact Technologies Inc (NASDAQ:TACT)

Transact Technologies Inc (NASDAQ:TACT) institutional sentiment increased to 1.07 in Q2 2016. Its up 0.01, from 1.06 in 2016Q1. The ratio is positive, as 16 investment professionals increased or started new stock positions, while 15 reduced and sold positions in Transact Technologies Inc. The investment professionals in our partner’s database now possess: 2.63 million shares, down from 2.78 million shares in 2016Q1. Also, the number of investment professionals holding Transact Technologies Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 6 Reduced: 9 Increased: 11 New Position: 5.

TransAct Technologies Incorporated designs, develops and sells market-specific solutions, including printers, terminals, software and other products for transaction and other industries. The company has a market cap of $50.31 million. The Firm operates through the segment, which includes design, development, assembly and marketing of transaction printers and terminals, and providing printer and terminal related software, services, supplies and spare parts. It has a 18.11 P/E ratio. The Company’s thermal, inkjet and impact printers and terminals generate labels and transaction records, such as receipts, tickets, coupons, register journals and other documents, as well as printed logging, and plotting of oil field and well drilling data.

The stock increased 1.55% or $0.1 on November 15, hitting $6.55. TransAct Technologies Incorporated (NASDAQ:TACT) has declined 21.99% since April 14, 2016 and is downtrending. It has underperformed by 26.67% the S&P500.

According to Zacks Investment Research, “TransAct Technologies, Incorporated, designs, develops, manufactures and markets transaction-based printers and related products under the ITHACA and MAGNETEC and TRANSACT.COM brand names. The company focuses on five vertical markets: point-of-sale(POS), gaming and lottery, financial services, kiosk and Internet. The company’s printers are trusted world-wide to provide crisp, clean transaction records from receipts, tickets and coupons, register journal and other documents.”

Blue Clay Capital Management Llc holds 0.66% of its portfolio in TransAct Technologies Incorporated for 70,572 shares. Manatuck Hill Partners Llc owns 98,500 shares or 0.35% of their US portfolio. Moreover, Lapides Asset Management Llc has 0.22% invested in the company for 146,200 shares. The New York-based Teton Advisors Inc. has invested 0.1% in the stock. Punch & Associates Investment Management Inc., a Minnesota-based fund reported 100,600 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 1 buy, and 1 sale for $8,904 net activity.

TACT Company Profile

TransAct Technologies Incorporated (TransAct), incorporated on June 17, 1996, designs, develops and sells market-specific solutions, including printers, terminals, software and other products for transaction and other industries. The Firm operates through a segment, which includes design, development, assembly and marketing of transaction printers and terminals, and providing printer and terminal related software, services, supplies and spare parts. The Company’s thermal, inkjet and impact printers and terminals generate labels and transaction records, such as receipts, tickets, coupons, register journals and other documents, as well as printed logging, and plotting of oil field and well drilling data. TransAct’s products are sold under the AccuDate, Ithaca, RESPONDER, Epic, EPICENTRAL and Printrex brand names. The Firm focuses on various markets, such as food safety, banking and point-of-sale (POS), casino and gaming, lottery and Printrex, Inc. (Printrex), which serves the gas and oil, medical and mobile printing markets.

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By Linda Rogers


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