Bard Financial Services Inc. bought a new position in shares of TransAct Technologies Incorporated (NASDAQ:TACT – Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,000 shares of the technology company’s stock, valued at approximately $79,000. Bard Financial Services Inc. owned approximately 0.15% of TransAct Technologies at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TACT. O Shaughnessy Asset Management LLC bought a new stake in TransAct Technologies during the third quarter worth approximately $103,000. Heron Bay Capital Management bought a new position in shares of TransAct Technologies in the fourth quarter valued at $116,000. Silverberg Bernstein Capital Management LLC bought a new position in shares of TransAct Technologies in the fourth quarter valued at $2,873,000. Victory Capital Management Inc. bought a new position in shares of TransAct Technologies in the fourth quarter valued at $73,000. Finally, Summit Trail Advisors LLC increased its holdings in shares of TransAct Technologies by 15.0% in the fourth quarter. Summit Trail Advisors LLC now owns 18,983 shares of the technology company’s stock valued at $133,000 after buying an additional 2,483 shares in the last quarter. Institutional investors own 74.46% of the company’s stock.
TransAct Technologies Stock Up 5.9 %
Shares of TransAct Technologies stock traded up $0.21 on Friday, hitting $3.77. 3,783 shares of the company traded hands, compared to its average volume of 21,521. The company has a 50-day moving average price of $3.73 and a 200 day moving average price of $5.48. TransAct Technologies Incorporated has a 12-month low of $3.32 and a 12-month high of $9.27. The company has a market cap of $37.66 million, a PE ratio of 59.33 and a beta of 1.72.
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on TACT shares. StockNews.com began coverage on TransAct Technologies in a report on Saturday, July 6th. They issued a “buy” rating on the stock. Craig Hallum lowered their price objective on shares of TransAct Technologies from $9.00 to $7.50 and set a “buy” rating on the stock in a research report on Wednesday, May 8th.
Check Out Our Latest Report on TACT
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.
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