Transcat Inc (TRNS): Carl E Sassano , director of Transcat Inc sold 8,800 shares on May 25, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $9.70 per share for a total value of $85,360.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 24, 2016, Michael Tschiderer (CFO) purchased 1,500 shares at $9.62 per share price.On May 24, 2016, Carl E Sassano (director) sold 1,200 shares at $9.75 per share price.Also, On Sep 4, 2015, Gary J. Haseley (director) purchased 6,000 shares at $9.24 per share price.On Sep 4, 2015, Francis R Bradley (director) sold 6,000 shares at $9.24 per share price.
Transcat: On Wednesday, May 25, 2016 heightened volatility was witnessed in Transcat which led to swings in the share price. The shares opened for trading at $9.5456 and hit $9.98 on the upside , eventually ending the session at $9.98, with a gain of 2.89% or 0.28 points. The heightened volatility saw the trading volume jump to 16,343 shares. The 52-week high of the share price is $11.85 and the company has a market cap of $69 M . The 52-week low of the share price is at $8.7.
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.