Is Transact Technologies Incorporated (NASDAQ:TACT) a Buy? The Stock Reported Less Sellers

TransAct Technologies Incorporated (NASDAQ:TACT) Logo

Investors sentiment increased to 2.27 in Q4 2018. Its up 1.34, from 0.93 in 2018Q3. It is positive, as 5 investors sold TransAct Technologies Incorporated shares while 6 reduced holdings. 10 funds opened positions while 15 raised stakes. 3.16 million shares or 5.14% more from 3.00 million shares in 2018Q3 were reported.
Morgan Stanley holds 0% of its portfolio in TransAct Technologies Incorporated (NASDAQ:TACT) for 26,239 shares. 32,752 are held by California Pub Employees Retirement. Dimensional Fund Lp holds 0% or 296,535 shares. Connors Investor Ser Incorporated stated it has 0.02% in TransAct Technologies Incorporated (NASDAQ:TACT). Gamco Incorporated Et Al stated it has 0.01% in TransAct Technologies Incorporated (NASDAQ:TACT). Vanguard Gp invested in 0% or 348,861 shares. 53,595 are held by Zpr. 4,074 are owned by Panagora Asset Mgmt Inc. Punch Assoc Investment Mgmt holds 0.31% or 363,700 shares. Bridgeway Cap Management Incorporated accumulated 115,400 shares. Gabelli Funds Limited Liability Corporation has invested 0% in TransAct Technologies Incorporated (NASDAQ:TACT). North Star Invest invested 0.13% in TransAct Technologies Incorporated (NASDAQ:TACT). Royal Comml Bank Of Canada has invested 0% in TransAct Technologies Incorporated (NASDAQ:TACT). Moreover, M&T Bank has 0% invested in TransAct Technologies Incorporated (NASDAQ:TACT) for 24,000 shares. Wedge L L P Nc reported 0% of its portfolio in TransAct Technologies Incorporated (NASDAQ:TACT).

Since November 9, 2018, it had 1 buying transaction, and 11 sales for $1.28 million activity. DILLON JOHN bought $88,100 worth of stock or 10,000 shares. $84,345 worth of stock was sold by TANAKA GRAHAM Y on Tuesday, December 4. 4,000 shares valued at $41,960 were sold by Chernay Tracey S on Thursday, November 29.

The stock of Transact Technologies Incorporated (NASDAQ:TACT) registered a decrease of 6.36% in short interest. TACT’s total short interest was 10,300 shares in April as published by FINRA. Its down 6.36% from 11,000 shares, reported previously. With 26,500 shares average volume, it will take short sellers 0 days to cover their TACT’s short positions. The short interest to Transact Technologies Incorporated’s float is 0.17%.

The stock increased 4.06% or $0.36 during the last trading session, reaching $9.22. About 13,740 shares traded. TransAct Technologies Incorporated (NASDAQ:TACT) has declined 26.37% since April 17, 2018 and is downtrending. It has underperformed by 30.74% the S&P500.

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TransAct Technologies Incorporated designs, develops, assembles, and markets transaction and specialty printers and terminals in the United States and internationally. The company has market cap of $68.70 million. It offers thermal, inkjet, and impact printers and terminals to generate food rotation date and nutritional labels, promotional coupons, and transaction records, such as receipts, tickets, register journals, and other documents, as well as for printed logging and plotting of oil field and drilling data. It has a 13.17 P/E ratio. The firm also provides consumable products, including inkjet cartridges, ribbons, receipt papers, color thermal papers, and other printing supplies, as well as replacement parts; maintenance, repair, and testing services; and refurbished printers.

More notable recent TransAct Technologies Incorporated (NASDAQ:TACT) news were published by: Seekingalpha.com which released: “TransAct Technologies Incorporated (TACT) Bart Shuldman on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” on August 02, 2018, also Finance.Yahoo.com with their article: “Wall Street steadies after Lighthizer, Powell, Cohen testimonies – Yahoo Finance” published on February 27, 2019, Businesswire.com published: “TransAct Technologies Reports 2018 Third Quarter Results – Business Wire” on November 06, 2018. More interesting news about TransAct Technologies Incorporated (NASDAQ:TACT) were released by: Nasdaq.com and their article: “Analyst: Bitcoin’s Recent Rally Is A Reaction To The Fed – Nasdaq” published on April 09, 2019 as well as Seekingalpha.com‘s news article titled: “CarGurus: Another Busted IPO – Seeking Alpha” with publication date: February 20, 2019.

TransAct Technologies Incorporated (NASDAQ:TACT) Institutional Positions Chart