TransAct Technologies Incorporated (TACT) To Go Ex-Dividend on February 16th

TransAct Technologies Incorporated (NASDAQ:TACT) declared a quarterly dividend on Tuesday, February 6th, Wall Street Journal reports. Investors of record on Tuesday, February 20th will be paid a dividend of 0.09 per share by the technology company on Thursday, March 15th. This represents a $0.36 annualized dividend and a yield of 2.48%. The ex-dividend date of this dividend is Friday, February 16th.

Shares of TransAct Technologies (TACT) opened at $14.50 on Thursday. The company has a market cap of $102.75, a P/E ratio of 20.82 and a beta of 0.94. TransAct Technologies has a one year low of $6.80 and a one year high of $15.80.

A number of brokerages have recently commented on TACT. Zacks Investment Research raised shares of TransAct Technologies from a “hold” rating to a “buy” rating and set a $17.00 price objective on the stock in a research note on Wednesday, January 31st. B. Riley reaffirmed a “buy” rating and set a $17.00 price objective (up previously from $13.00) on shares of TransAct Technologies in a research note on Friday, January 26th. Finally, ValuEngine raised shares of TransAct Technologies from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st.

In other news, 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 transaction of $142,466.72. Following the transaction, the director now owns 194,153 shares in the company, valued at approximately $2,605,533.26. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Graham Y. Tanaka sold 2,095 shares of the stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $13.39, for a total value of $28,052.05. Following the transaction, the director now owns 194,153 shares in the company, valued at approximately $2,599,708.67. The disclosure for this sale can be found here. Insiders have sold a total of 36,961 shares of company stock worth $503,004 in the last ninety days. Corporate insiders own 11.57% of the company’s stock.

An institutional investor recently raised its position in TransAct Technologies stock. Northern Trust Corp increased its holdings in shares of TransAct Technologies Incorporated (NASDAQ:TACT) by 7.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,419 shares of the technology company’s stock after buying an additional 1,730 shares during the period. Northern Trust Corp owned about 0.36% of TransAct Technologies worth $223,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 40.00% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This piece of content was originally reported by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this piece of content on another website, it was stolen and republished in violation of international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://stocknewstimes.com/2018/02/15/transact-technologies-incorporated-tact-to-go-ex-dividend-on-february-16th.html.

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.

Dividend History for TransAct Technologies (NASDAQ:TACT)

Receive News & Ratings for TransAct Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransAct Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply