23 hours Ago By Defense World Staff
Renaissance Technologies LLC decreased its holdings in TransAct Technologies Incorporated ( NASDAQ:TACT – Free Report ) by 2.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 298,237 shares of the technology company’s stock after selling 7,300 shares during the quarter.
Renaissance Technologies LLC owned 2.98% of TransAct Technologies worth $1,220,000 at the end of the most recent reporting period. Separately, Legato Capital Management LLC bought a new position in TransAct Technologies in the 4th quarter worth $44,000.
Hedge funds and other institutional investors own 74.46% of the company’s stock. Analyst Upgrades and Downgrades Separately, StockNews.
com started coverage on TransAct Technologies in a research report on Tuesday. They issued a “hold” rating for the company. TransAct Technologies Price Performance Shares of NASDAQ:TACT opened at $3.
40 on Wednesday. The company has a market capitalization of $34.28 million, a P/E ratio of -17.
00 and a beta of 1.34. TransAct Technologies Incorporated has a 1-year low of $3.
23 and a 1-year high of $5.47. The firm’s 50 day simple moving average is $3.
70 and its two-hundred day simple moving average is $4.06. TransAct Technologies ( NASDAQ:TACT – Get Free Report ) last announced its quarterly earnings data on Thursday, March 13th.
The technology company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.09) by $0.
03. The firm had revenue of $10.23 million for the quarter, compared to the consensus estimate of $10.
37 million. TransAct Technologies had a negative net margin of 4.24% and a negative return on equity of 5.
08%. On average, sell-side analysts anticipate that TransAct Technologies Incorporated will post -0.3 earnings per share for the current fiscal year.
TransAct Technologies Company 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 Five stocks we like better than TransAct Technologies What Are Dividend Challengers? Don’t Be Fooled by the Bounce: The Market Storm Isn’t Over Yet Breakout Stocks: What They Are and How to Identify Them Coca-Cola Company Stock Can Bubble to New Highs This Year What Are the FAANG Stocks and Are They Good Investments? 3 Stocks Lifting 2025 Guidance Despite Market Jitters 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.
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