Craig-Hallum analyst George Sutton maintained a Buy rating on Transact Technologies (TACT – Research Report) today. The company’s shares closed yesterday at $7.54.
Sutton covers the Technology sector, focusing on stocks such as Par Technology, Transact Technologies, and AudioEye. According to TipRanks, Sutton has an average return of 16.1% and a 51.88% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Transact Technologies with a $10.00 average price target.
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TACT market cap is currently $74.59M and has a P/E ratio of 14.92.
Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is neutral on the stock. Earlier this month, Steven Demartino, the President of TACT bought 2,562.00 shares for a total of $17,882.76.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Transact Technologies (TACT) Company Description:
TransAct Technologies, Inc. operates as a software-driven technology and printing solutions company. It engages in food safety, POS automation, casino and gaming, lottery, mobile and oil and gas. The firm’s products are sold under the AccuDate, EPICENTRAL, Epic, Ithaca, RESPONDER and Printrex brands. It supplies consumables used in the printing and scanning activities of customers in the hospitality, banking, retail, gaming, government and oil and gas exploration markets. The company was founded in June 1996 and is headquartered in Hamden, CT.
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