Transcat Inc (TRNS) Files Form 4 Insider Selling : Carl E Sassano Sells 1,200 Shares

Transcat Inc (TRNS): Carl E Sassano , director of Transcat Inc sold 1,200 shares on May 20, 2016. The Insider selling transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were sold at $9.75 per share for a total value of $11,700.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 11, 2016, Carl E Sassano (director) sold 5,000 shares at $9.69 per share price.On Sep 4, 2015, Gary J. Haseley (director) purchased 6,000 shares at $9.24 per share price.Also, On Sep 4, 2015, Francis R Bradley (director) sold 6,000 shares at $9.24 per share price.On Aug 13, 2015, Robert A. Flack (Vice President of Operations) purchased 2,000 shares at $9.20 per share price.

Shares of Transcat (TRNS) ended Friday, May 20, 2016 session in red amid volatile trading. The shares closed down -0.35 points or -3.56% at $9.49 with 27,240 shares getting traded. Post opening the session at $9.75, the shares hit an intraday low of $9.49 and an intraday high of $9.75 and the price vacillated in this range throughout the day. The company has a market cap of $65,538 M and the number of outstanding shares has been calculated to be 6,90,60,00,000 shares. The 52-week high of Transcat is $11.85 and the 52-week low is $8.7.

Transcat Money Flow Index Chart

Transcat Inc. provides accredited calibration and compliance services and distributes handheld test measurement and control instrumentation. The Company is focused on providing its services to the life science industries which include pharmaceutical biotechnology medical device manufacturing and other Food and Drug Administration-regulated businesses. It also focuses on other industries and customers which include industrial manufacturing; energy and utility; chemical manufacturing and other industries which require accuracy in their processes and confirmation of the capabilities of their equipment. It operates in two segments: service (Service) and distribution (Distribution). Through the Service segment the Company offers calibration compliance and other complementary services. Through its Distribution segment the Company markets sells and rents national brand instruments to customers globally. Its Distribution segment distributes handheld test and measurement equipment.

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