Short Interest in TransAct Technologies Incorporated (NASDAQ:TACT) Decreases By 79.1%

10 Jun 2026, 14:28 by Michael Walen · The Markets Daily

TransAct Technologies Incorporated (NASDAQ:TACT – Get Free Report) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 5,734 shares, a decline of 79.1% from the May 14th total of 27,486 shares. Based on an average daily volume of 161,548 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the company’s stock are sold short.

TransAct Technologies Price Performance

TACT stock traded down $0.02 during mid-day trading on Wednesday, reaching $4.93. 6,028 shares of the company traded hands, compared to its average volume of 58,021. The company has a fifty day moving average price of $3.68 and a 200-day moving average price of $3.77. TransAct Technologies has a 52-week low of $3.06 and a 52-week high of $5.70. The company has a market capitalization of $50.68 million, a P/E ratio of -98.60 and a beta of 1.27.

TransAct Technologies (NASDAQ:TACT – Get Free Report) last issued its quarterly earnings data on Tuesday, May 12th. The technology company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.11. TransAct Technologies had a negative return on equity of 1.56% and a negative net margin of 0.93%.The company had revenue of $14.42 million for the quarter, compared to the consensus estimate of $12.60 million. As a group, analysts forecast that TransAct Technologies will post -0.05 EPS for the current year.

TransAct Technologies declared that its Board of Directors has approved a share buyback program on Wednesday, May 13th that authorizes the company to repurchase $3.00 million in outstanding shares. This repurchase authorization authorizes the technology company to buy up to 8.7% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

Insider Transactions at TransAct Technologies

In other TransAct Technologies news, CEO John Dillon bought 70,902 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was bought at an average cost of $3.49 per share, with a total value of $247,447.98. Following the completion of the transaction, the chief executive officer directly owned 100,000 shares in the company, valued at approximately $349,000. The trade was a 243.67% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 19.24% of the company’s stock.

Institutional Investors Weigh In On TransAct Technologies

Hedge funds have recently made changes to their positions in the business. Coldstream Capital Management Inc. purchased a new stake in TransAct Technologies during the third quarter valued at about $58,000. Goldman Sachs Group Inc. raised its position in shares of TransAct Technologies by 33.2% in the 4th quarter. Goldman Sachs Group Inc. now owns 20,464 shares of the technology company’s stock worth $82,000 after acquiring an additional 5,100 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in shares of TransAct Technologies during the 3rd quarter valued at $151,000. Teton Advisors LLC purchased a new stake in TransAct Technologies in the third quarter worth about $176,000. Finally, Susquehanna International Group LLP purchased a new position in TransAct Technologies during the third quarter valued at $225,000. 74.46% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Zacks Research upgraded TransAct Technologies to a “hold” rating in a research note on Wednesday, June 3rd. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce”.

Get Our Latest Stock Analysis on TransAct Technologies

TransAct Technologies Company Profile

(Get Free Report)

TransAct Technologies Inc designs, manufactures and distributes secure card issuance systems and embedded transactional printing solutions for a variety of industries. The company’s portfolio includes high-speed card printers, card personalization and issuance software, as well as embedded printers used in kiosks, point-of-sale terminals, lottery machines and gaming applications. TransAct’s products are built to deliver reliable, on-demand printing and secure card encoding for markets that require rapid, accurate issuance of payment cards, identification badges and tickets.