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TransAct Technologies Inc. (TACT) Chairman and CEO Bart C Shuldman sells 6,000 Shares

Oct 11, 2011 | About:
insider
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Chairman and CEO of TransAct Technologies Inc. (TACT) Bart C Shuldman sells 6,000 shares of TACT on 10/10/2011 at an average price of $7.83 a share.

Transact Technologies Inc. has a market cap of $73.1 million; its shares were traded at around $7.74 with a P/E ratio of 13.6 and P/S ratio of 1.2.

This is the annual revenues and earnings per share of TACT over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of TACT.


CEO Recent Trades:


  • Chairman & CEO Bart C Shuldman sold 5,603 shares of TACT stock on 10/03/2011 at the average price of 8.04. Bart C Shuldman owns at least 30,942 shares after this. The price of the stock has decreased by 3.73% since.
  • Chairman & CEO Bart C Shuldman sold 6,897 shares of TACT stock on 09/28/2011 at the average price of 8.44. Bart C Shuldman owns at least 30,942 shares after this. The price of the stock has decreased by 8.29% since.
  • Chairman & CEO Bart C Shuldman sold 6,000 shares of TACT stock on 09/12/2011 at the average price of 8.8. Bart C Shuldman owns at least 30,942 shares after this. The price of the stock has decreased by 12.05% since.
  • Chairman & CEO Bart C Shuldman sold 12,500 shares of TACT stock on 08/25/2011 at the average price of 8.84. Bart C Shuldman owns at least 30,942 shares after this. The price of the stock has decreased by 12.44% since.
  • Chairman & CEO Bart C Shuldman sold 6,000 shares of TACT stock on 08/10/2011 at the average price of 9.01. Bart C Shuldman owns at least 30,942 shares after this. The price of the stock has decreased by 14.1% since.

CFO Recent Trades:


  • President, CFO, Treas. & Secre Steven A Demartino sold 1,708 shares of TACT stock on 05/11/2011 at the average price of 12.87. Steven A Demartino owns at least 27,993 shares after this. The price of the stock has decreased by 39.86% since.

This is the insider trade history vs. stock price of TACT. For the complete insider trading history of TACT, click here.




Directors and Officers Recent Trades:


  • Director Charles A Dill sold 27,232 shares of TACT stock on 08/12/2011 at the average price of 8.84. Charles A Dill owns at least 101,003 shares after this. The price of the stock has decreased by 12.44% since.
  • SVP, Operations Andrew John Hoffman sold 5,164 shares of TACT stock on 06/06/2011 at the average price of 11.77. Andrew John Hoffman owns at least 12,500 shares after this. The price of the stock has decreased by 34.24% since.
  • EVP, Engineering Michael S Kumpf sold 8,600 shares of TACT stock on 05/12/2011 at the average price of 12.12. Michael S Kumpf owns at least 20,599 shares after this. The price of the stock has decreased by 36.14% since.
  • Corporate Controller Christopher Galletta sold 850 shares of TACT stock on 05/11/2011 at the average price of 12.56. The price of the stock has decreased by 38.38% since.
  • SVP, Operations Andrew John Hoffman sold 3,850 shares of TACT stock on 05/11/2011 at the average price of 12.46. Andrew John Hoffman owns at least 12,500 shares after this. The price of the stock has decreased by 37.88% since.


For the complete insider trading history of TACT, click here.

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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Why CEOs Are Buying Stocks Of Their Own Companies?

  1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
  2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
  3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading


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