TransAct Technologies Incorporated (NASDAQ:TACT) Director Graham Y. Tanaka sold 10,616 shares of the stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of $13.42, for a total value of $142,466.72. Following the completion of the transaction, the director now directly owns 194,153 shares of the company’s stock, valued at approximately $2,605,533.26. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Shares of TransAct Technologies Incorporated (NASDAQ:TACT) traded down $0.10 during trading hours on Friday, hitting $13.20. The stock had a trading volume of 81,204 shares, compared to its average volume of 36,618. TransAct Technologies Incorporated has a 12-month low of $6.40 and a 12-month high of $15.55. The company has a market cap of $97.96, a price-to-earnings ratio of 19.85 and a beta of 0.92.

TransAct Technologies (NASDAQ:TACT) last announced its earnings results on Wednesday, November 1st. The technology company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.12. TransAct Technologies had a return on equity of 19.99% and a net margin of 8.78%. The firm had revenue of $15.52 million during the quarter, compared to analyst estimates of $14.58 million. research analysts predict that TransAct Technologies Incorporated will post 0.62 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Monday, November 20th were given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 2.73%. The ex-dividend date of this dividend was Friday, November 17th. TransAct Technologies’s dividend payout ratio (DPR) is presently 53.73%.

A number of hedge funds have recently bought and sold shares of TACT. B. Riley Financial Inc. increased its position in TransAct Technologies by 80.3% during the 3rd quarter. B. Riley Financial Inc. now owns 132,047 shares of the technology company’s stock valued at $1,305,000 after buying an additional 58,793 shares in the last quarter. LSV Asset Management increased its position in TransAct Technologies by 55.5% during the 2nd quarter. LSV Asset Management now owns 50,600 shares of the technology company’s stock valued at $430,000 after buying an additional 18,070 shares in the last quarter. Macquarie Group Ltd. bought a new position in TransAct Technologies during the 3rd quarter valued at approximately $123,000. Algert Global LLC increased its position in TransAct Technologies by 30.3% during the 3rd quarter. Algert Global LLC now owns 53,883 shares of the technology company’s stock valued at $525,000 after buying an additional 12,529 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in TransAct Technologies by 2.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 243,683 shares of the technology company’s stock valued at $2,376,000 after buying an additional 5,607 shares in the last quarter. 38.27% of the stock is owned by institutional investors.

Several research analysts have recently issued reports on TACT shares. Zacks Investment Research lowered TransAct Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, October 11th. B. Riley reissued a “buy” rating and issued a $11.00 target price on shares of TransAct Technologies in a research report on Friday, October 27th. Finally, ValuEngine raised TransAct Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, November 2nd.

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TransAct Technologies Company Profile

TransAct Technologies Incorporated (TransAct) designs, develops and sells market-specific solutions, including printers, terminals, software and other products for transaction-based and other industries. The Company operates through the segment, which includes design, development, assembly and marketing of transaction printers and terminals, and providing printer and terminal related software, services, supplies and spare parts.

Insider Buying and Selling by Quarter for TransAct Technologies (NASDAQ:TACT)

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