1 week Ago By ABMN Staff
Sei Investments Co. decreased its holdings in shares of Transcat, Inc. ( NASDAQ:TRNS – Free Report ) by 18.
0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,489 shares of the scientific and technical instruments company’s stock after selling 1,427 shares during the quarter. Sei Investments Co.
’s holdings in Transcat were worth $686,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds have also modified their holdings of the business. Jones Financial Companies Lllp boosted its stake in Transcat by 686.
7% in the fourth quarter. Jones Financial Companies Lllp now owns 354 shares of the scientific and technical instruments company’s stock valued at $37,000 after acquiring an additional 309 shares during the last quarter. Morgan Dempsey Capital Management LLC acquired a new position in shares of Transcat in the 4th quarter valued at $143,000.
SG Americas Securities LLC bought a new position in shares of Transcat in the 4th quarter worth $182,000. Captrust Financial Advisors acquired a new stake in shares of Transcat during the third quarter worth $201,000. Finally, Walleye Capital LLC bought a new stake in Transcat in the third quarter valued at about $216,000.
98.34% of the stock is owned by institutional investors. Transcat Price Performance Shares of TRNS opened at $74.
17 on Wednesday. The stock has a 50 day simple moving average of $76.41 and a 200 day simple moving average of $97.
99. Transcat, Inc. has a 52-week low of $67.
56 and a 52-week high of $147.12. The company has a debt-to-equity ratio of 0.
14, a quick ratio of 1.98 and a current ratio of 2.42.
The firm has a market capitalization of $690.45 million, a PE ratio of 40.09 and a beta of 0.
67. Analyst Upgrades and Downgrades TRNS has been the topic of a number of recent analyst reports. Northland Securities restated a “market perform” rating and set a $85.
00 target price (down previously from $110.00) on shares of Transcat in a report on Wednesday, January 29th. Oppenheimer lowered shares of Transcat from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 29th.
Craig Hallum upped their target price on shares of Transcat from $113.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, December 12th.
HC Wainwright reduced their price target on shares of Transcat from $126.00 to $106.00 and set a “buy” rating on the stock in a research report on Wednesday, January 29th.
Finally, StockNews.com lowered shares of Transcat from a “hold” rating to a “sell” rating in a report on Wednesday, February 5th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company.
According to data from MarketBeat.com, Transcat currently has a consensus rating of “Hold” and an average price target of $111.50.
Check Out Our Latest Report on TRNS Insider Buying and Selling In other news, Director Craig D. Cairns purchased 1,200 shares of the business’s stock in a transaction dated Friday, January 31st. The shares were bought at an average cost of $77.
02 per share, for a total transaction of $92,424.00. Following the completion of the acquisition, the director now directly owns 1,910 shares in the company, valued at approximately $147,108.
20. This trade represents a 169.01 % increase in their position.
The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website . Company insiders own 2.30% of the company’s stock.
Transcat Profile ( Free Report ) Transcat, Inc provides calibration and laboratory instrument services in the United States, Canada, and internationally. It operates through two segments: Service and Distribution. The Service segment offers calibration, repair, inspection, analytical qualification, preventative maintenance, consulting, and other related services.
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