TransAct Technologies Incorporated (NASDAQ:TACT) Shares Sold by Silverberg Bernstein Capital Management LLC

Silverberg Bernstein Capital Management LLC trimmed its holdings in TransAct Technologies Incorporated (NASDAQ:TACT) by 4.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 403,328 shares of the technology company’s stock after selling 20,762 shares during the quarter. TransAct Technologies accounts for approximately 1.5% of Silverberg Bernstein Capital Management LLC’s investment portfolio, making the stock its 17th biggest holding. Silverberg Bernstein Capital Management LLC’s holdings in TransAct Technologies were worth $1,650,000 as of its most recent SEC filing.

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

TransAct Technologies Trading Up 3.0 %

TACT stock opened at $4.51 on Wednesday. TransAct Technologies Incorporated has a 12-month low of $3.32 and a 12-month high of $7.97. The business’s 50-day moving average is $4.14 and its 200 day moving average is $4.18. The stock has a market cap of $45.15 million, a price-to-earnings ratio of -22.55 and a beta of 1.73.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on TransAct Technologies in a research report on Wednesday. They set a “hold” rating on the stock.

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.