Legato Capital Management LLC Makes New Investment in TransAct Technologies Incorporated (NASDAQ:TACT)

Legato Capital Management LLC purchased a new position in shares of TransAct Technologies Incorporated (NASDAQ:TACT) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 10,702 shares of the technology company’s stock, valued at approximately $44,000. Legato Capital Management LLC owned approximately 0.11% of TransAct Technologies at the end of the most recent reporting period.

Separately, Bard Associates Inc. boosted its stake in TransAct Technologies by 2.3% during the third quarter. Bard Associates Inc. now owns 155,575 shares of the technology company’s stock worth $756,000 after buying an additional 3,440 shares in the last quarter. 74.46% of the stock is owned by institutional investors.

TransAct Technologies Stock Performance

Shares of NASDAQ:TACT opened at $4.48 on Friday. TransAct Technologies Incorporated has a 52 week low of $3.32 and a 52 week high of $7.57. The company’s fifty day moving average is $4.30 and its 200-day moving average is $4.28. The company has a market capitalization of $44.84 million, a PE ratio of -22.40 and a beta of 1.73.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of TransAct Technologies in a research note on Saturday, February 8th. 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.