Transcat Inc (NASDAQ:TRNS) Sellers Increased By 10% Their Shorts

June 27, 2018 - By Sarah Harris

Transcat, Inc. (NASDAQ:TRNS) Corporate Logo

During Q1 2018 the big money sentiment decreased to 0.85. That’s change of 2.35, from 2017Q4’s 3.2. 1 investors sold all, 12 reduced holdings as Transcat, Inc. ratio dropped. 6 rose stakes while 5 funds took stakes. Funds hold 3.77 million shares thus 51.57% less from 2017Q4’s 7.78 million shares.
Barclays Public Limited Company has invested 0% of its capital in Transcat, Inc. (NASDAQ:TRNS). Punch And Associates Mngmt accumulated 347,400 shs or 0.48% of the stock. Ativo Cap Mgmt Limited Liability Corp reported 98,993 shs stake. Acadian Asset Limited Liability Corporation holds 0% of its capital in Transcat, Inc. (NASDAQ:TRNS) for 3,124 shs. Retail Bank Of America Corp De has invested 0% in Transcat, Inc. (NASDAQ:TRNS). Perritt Capital Management reported 0.24% of its capital in Transcat, Inc. (NASDAQ:TRNS). Northern Corp reported 19,663 shs. Segall Bryant Hamill Ltd Limited Liability Company holds 0.01% of its capital in Transcat, Inc. (NASDAQ:TRNS) for 22,849 shs. Minerva Ltd Liability Company has invested 3.36% in Transcat, Inc. (NASDAQ:TRNS). Blackrock accumulated 19,582 shs or 0% of the stock. Dalton Greiner Hartman Maher & Com holds 221,452 shs. Howe Rusling has 0.1% invested in Transcat, Inc. (NASDAQ:TRNS). Grandeur Peak Global Limited Liability Corp stated it has 97,543 shs or 0.17% of all its holdings. Tower Capital Limited Liability Corporation (Trc) holds 0% or 126 shs in its capital. California Employees Retirement System invested in 18,404 shs.

Transcat, Inc. had 4 selling transactions and 1 insider buy since February 1, 2018. This’s net activity of $519,895. TSCHIDERER MICHAEL bought $3,080 worth of Transcat, Inc. (NASDAQ:TRNS) on Friday, February 23. On Friday, June 8 Shares for $37,918 were sold by RESNICK ALAN H. Another trade for 2,000 shs valued at $31,400 was made by SMITH JOHN T on Thursday, February 1.

Transcat Inc (NASDAQ:TRNS) had an increase of its shorted shares by 10%. In June was published TRNS’s total 7,700 shorted shares by FINRA. The 7,000 previous shares are up with 10%. With Average volume 4,400, TRNS’s former position will take 2 days to recover. 0.12% is Transcat Inc float short.

Ticker’s shares touched $17.85 during the last trading session after 3.77% change.Transcat, Inc. has 34,142 shares volume, 68.58% up from normal. TRNS is uptrending and has moved 50.00% since June 27, 2017. TRNS outperformed by 37.43% the S&P 500.

Transcat, Inc. provides calibration and laboratory instrument services in the United States, Canada, and internationally.The firm is worth $128.48 million. It operates in two divisions, Service and Distribution.The P/E ratio is 22.04. The Service segment offers calibration, repair, inspection, analytical qualifications, preventative maintenance, consulting, and other related services.

Transcat, Inc. (NASDAQ:TRNS) Ratings Coverage

Total analysts of 2 have positions in Transcat (NASDAQ:TRNS) as follows: 2 rated it a “Buy”, 0 with “Sell” and 0 with “Hold”. The positive are 100%. The firm has $20 highest while $20.0 is the lowest target price. The average target $20 is 12.04% above the last ($17.85) price. Since February 5, 2018 according to StockzIntelligence Inc Transcat has 2 analyst reports. On Monday, February 5 the firm earned “Buy” rating by Singular Research. The company rating was initiated by Roth Capital on Friday, February 9.

Transcat, Inc. (NASDAQ:TRNS) Institutional Investors Chart

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