Geode Capital Management LLC Sells 2,973 Shares of TransAct Technologies Incorporated (NASDAQ:TACT)

Geode Capital Management LLC lowered its stake in shares of TransAct Technologies Incorporated (NASDAQ:TACT) by 3.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 92,405 shares of the technology company’s stock after selling 2,973 shares during the quarter. Geode Capital Management LLC owned approximately 0.92% of TransAct Technologies worth $449,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Bard Associates Inc. boosted its stake in TransAct Technologies by 2.3% in the third quarter. Bard Associates Inc. now owns 155,575 shares of the technology company’s stock valued at $756,000 after acquiring an additional 3,440 shares during the last quarter. Essex Investment Management Co. LLC raised its holdings in shares of TransAct Technologies by 66.8% in the 3rd quarter. Essex Investment Management Co. LLC now owns 36,439 shares of the technology company’s stock worth $177,000 after purchasing an additional 14,599 shares during the period. Silverberg Bernstein Capital Management LLC lifted its stake in TransAct Technologies by 2.8% in the third quarter. Silverberg Bernstein Capital Management LLC now owns 424,090 shares of the technology company’s stock valued at $2,061,000 after purchasing an additional 11,700 shares during the last quarter. Gabelli Funds LLC grew its holdings in TransAct Technologies by 8.6% during the second quarter. Gabelli Funds LLC now owns 38,000 shares of the technology company’s stock valued at $143,000 after purchasing an additional 3,000 shares during the period. Finally, Connors Investor Services Inc. increased its position in TransAct Technologies by 56.5% in the second quarter. Connors Investor Services Inc. now owns 27,699 shares of the technology company’s stock worth $104,000 after buying an additional 9,999 shares during the last quarter. Hedge funds and other institutional investors own 74.46% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on TransAct Technologies in a research report on Tuesday, January 7th. They set a “hold” rating on the stock.

TransAct Technologies Stock Down 0.9 %

TACT opened at $4.35 on Monday. The firm has a 50-day moving average price of $4.13 and a 200-day moving average price of $4.17. TransAct Technologies Incorporated has a twelve month low of $3.32 and a twelve month high of $7.97. The company has a market capitalization of $43.54 million, a price-to-earnings ratio of -21.75 and a beta of 1.73.

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.