Transcat Inc (TRNS) Files Form 4 Insider Selling : Charles P Hadeed Sells 7,020 Shares

Transcat Inc (TRNS): Charles P Hadeed , Chairman of the Board of Transcat Inc sold 7,020 shares on Jun 13, 2016. The Insider selling transaction was reported by the company on Jun 15, 2016 to the Securities and Exchange Commission. The shares were sold at $10.50 per share for a total value of $73,710.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 9, 2016, Charles P Hadeed (Chairman of the Board) sold 40 shares at $10.50 per share price.On May 26, 2016, Carl E Sassano (director) sold 8,800 shares at $9.70 per share price.Also, On May 24, 2016, Michael Tschiderer (CFO) purchased 1,500 shares at $9.62 per share price.On Sep 4, 2015, Gary J. Haseley (director) purchased 6,000 shares at $9.24 per share price.

Shares of Transcat (TRNS) ended Wednesday, Jun 15, 2016 session in red amid volatile trading. The shares closed down -0.26 points or -2.47% at $10.26 with 2,972 shares getting traded. Post opening the session at $10.5, the shares hit an intraday low of $10.23 and an intraday high of $10.5 and the price vacillated in this range throughout the day. The company has a market cap of $71 M and the number of outstanding shares has been calculated to be 69,06,010 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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