Somewhat Positive News Coverage Somewhat Unlikely to Affect TransAct Technologies (TACT) Share Price
News headlines about TransAct Technologies (NASDAQ:TACT) have trended somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TransAct Technologies earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 43.5962974750997 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media stories that may have effected Accern’s analysis:
- Brokerages Anticipate TransAct Technologies Incorporated (TACT) to Post $0.14 Earnings Per Share (americanbankingnews.com)
- Comparing Crossroads Systems (CRDSQ) & TransAct Technologies (TACT) (americanbankingnews.com)
- TransAct Technologies Incorporated (TACT) Director Graham Y. Tanaka Sells 2,095 Shares (americanbankingnews.com)
- Insider Selling: TransAct Technologies Incorporated (TACT) Director Sells 10,616 Shares of Stock (americanbankingnews.com)
Shares of TransAct Technologies (NASDAQ:TACT) opened at $13.20 on Wednesday. The stock has a market capitalization of $96.86, a PE ratio of 19.63 and a beta of 0.92. TransAct Technologies has a 1 year low of $6.43 and a 1 year high of $15.55.
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Monday, November 20th were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Friday, November 17th. This represents a $0.36 dividend on an annualized basis and a yield of 2.73%. TransAct Technologies’s payout ratio is 53.73%.
A number of brokerages recently issued reports on TACT. Zacks Investment Research raised TransAct Technologies from a “hold” rating to a “buy” rating and set a $13.00 target price for the company in a research report on Saturday, November 4th. ValuEngine raised TransAct Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, November 2nd. Finally, 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.
In other TransAct Technologies news, SVP Tracey S. Chernay sold 14,250 shares of the stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $14.02, for a total transaction of $199,785.00. Following the completion of the sale, the senior vice president now directly owns 3,000 shares of the company’s stock, valued at approximately $42,060. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Andrew John Hoffman sold 30,000 shares of the stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $13.01, for a total value of $390,300.00. Following the sale, the senior vice president now directly owns 14,791 shares of the company’s stock, valued at $192,430.91. The disclosure for this sale can be found here. Insiders have sold a total of 102,663 shares of company stock valued at $1,360,511 over the last ninety days. 13.22% of the stock is owned by insiders.
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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.
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