The SVP, Sales-Global Casino, Gami of Transact Technologies Inc is Exercising Options

Today it was reported that the SVP, Sales-Global Casino, Gami of Transact Technologies Inc (TACT), Tracey Chernay, exercised options to sell 4,000 TACT shares at $7.89 a share, for a total transaction value of $41.96K.

In addition to Tracey Chernay, 8 other TACT executives reported Sell trades in the last month.

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Based on Transact Technologies Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $15.84 million and quarterly net profit of $2.57 million. In comparison, last year the company earned revenue of $15.52 million and had a net profit of $1.81 million. TACT’s market cap is $76.13M and the company has a P/E ratio of 20.30. Currently, Transact Technologies Inc has an average volume of 28.84K.

In the last 30 days, insiders have sold $1.13M worth of TACT shares and purchased $55.88K worth of TACT shares. The insider sentiment on Transact Technologies Inc has been negative according to 35 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Tracey Chernay’s trades have generated a 4.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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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.