Legato Capital Management LLC Purchases New Shares in TransAct Technologies Incorporated (NASDAQ:TACT)

Legato Capital Management LLC purchased a new stake in TransAct Technologies Incorporated (NASDAQ:TACT) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 10,702 shares of the technology company’s stock, valued at approximately $44,000.

Separately, Bard Associates Inc. raised its holdings in shares of 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 buying an additional 3,440 shares during the last quarter. 74.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on TransAct Technologies in a report on Saturday, February 8th. They set a “hold” rating for the company.

TransAct Technologies Trading Up 2.1 %

Shares of NASDAQ:TACT opened at $4.48 on Friday. The stock has a market capitalization of $44.84 million, a P/E ratio of -22.40 and a beta of 1.73. TransAct Technologies Incorporated has a 1-year low of $3.32 and a 1-year high of $7.57. The business has a 50-day moving average price of $4.30 and a two-hundred day moving average price of $4.28.

TransAct Technologies Company Profile

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.