23 hours Ago By ABMN Staff
Renaissance Technologies LLC decreased its position in TransAct Technologies Incorporated ( NASDAQ:TACT – Free Report ) by 2.4% during the fourth quarter, HoldingsChannel.com reports.
The fund owned 298,237 shares of the technology company’s stock after selling 7,300 shares during the quarter. Renaissance Technologies LLC’s holdings in TransAct Technologies were worth $1,220,000 at the end of the most recent reporting period. Separately, Essex Investment Management Co.
LLC increased its position in TransAct Technologies by 20.3% in the fourth quarter. Essex Investment Management Co.
LLC now owns 43,841 shares of the technology company’s stock worth $179,000 after purchasing an additional 7,402 shares during the last quarter. Institutional investors and hedge funds own 74.46% of the company’s stock.
Analyst Ratings Changes Separately, StockNews.com assumed coverage on shares of TransAct Technologies in a research report on Tuesday. They set a “hold” rating for the company.
TransAct Technologies Stock Performance TACT opened at $3.40 on Wednesday. TransAct Technologies Incorporated has a 12 month low of $3.
23 and a 12 month high of $5.47. The stock has a 50-day moving average of $3.
70 and a 200 day moving average of $4.06. The firm has a market cap of $34.
28 million, a P/E ratio of -17.00 and a beta of 1.34.
TransAct Technologies ( NASDAQ:TACT – Get Free Report ) last announced its earnings results on Thursday, March 13th. The technology company reported ($0.06) EPS for the quarter, topping analysts’ consensus estimates of ($0.
09) by $0.03. TransAct Technologies had a negative return on equity of 5.
08% and a negative net margin of 4.24%. The firm had revenue of $10.
23 million during the quarter, compared to analysts’ expectations of $10.37 million. On average, research analysts forecast that TransAct Technologies Incorporated will post -0.
3 earnings per share for the current fiscal year. TransAct Technologies Profile ( Free Report ) 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.
Featured Stories 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 ..
