Bard Associates Inc. lessened its holdings in shares of TransAct Technologies Incorporated (NASDAQ:TACT – Free Report) by 9.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 140,150 shares of the technology company’s stock after selling 15,425 shares during the period. Bard Associates Inc. owned about 1.40% of TransAct Technologies worth $573,000 at the end of the most recent quarter.
Separately, Legato Capital Management LLC acquired a new stake in shares of TransAct Technologies during the 4th quarter worth approximately $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 shares of TransAct Technologies in a research report on Tuesday. They set a “hold” rating on the stock.
TransAct Technologies Trading Down 5.0 %
NASDAQ TACT opened at $3.77 on Tuesday. The firm has a market capitalization of $37.74 million, a price-to-earnings ratio of -18.85 and a beta of 1.73. The firm’s 50 day simple moving average is $4.33 and its 200 day simple moving average is $4.30. TransAct Technologies Incorporated has a 1 year low of $3.32 and a 1 year high of $7.13.
About TransAct Technologies
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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