Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Transcat Inc shares valued at $54,697 were sold by Gillette Christopher P. on Oct 08 ’24. At $119.95 per share, Gillette Christopher P. sold 456 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, Gillette Christopher P. purchased 456 shares, netting a total of over 54,697 in proceeds.
Before that, Cairns Craig D. had added 1,200 shares to its account. In a trade valued at $92,427, the Director bought Transcat Inc shares for $77.02 each. Upon closing the transaction, the insider’s holdings increased to 1,200 shares, worth approximately $0.15 million.
As published in a research note from Oppenheimer on January 29, 2025, Transcat Inc [TRNS] has been rated down from an Outperform to a Perform. Analysts at Northland Capital downgraded the stock from ‘”an Outperform”‘ to ‘”a Market perform”‘ outlook in a report released in late May. As of October 17, 2023, Oppenheimer has initiated its “an Outperform” rating for TRNS. Earlier on September 15, 2022, Northland Capital initiated its rating. Their recommendation was “an Outperform” for TRNS stock.
Analyzing TRNS Stock Performance
On last trading session,, Transcat Inc [NASDAQ: TRNS] rose 1.16% to $81.09. The stock’s lowest price that day was $79.28, but it reached a high of $81.95 in the same session. During the last five days, there has been a surge of approximately 7.32%. Over the course of the year, Transcat Inc shares have dropped approximately -23.31%. Shares of the company reached a 52-week high of $111.29 on 01/06/25 and a 52-week low of $67.56 on 03/21/25.
Support And Resistance Levels for Transcat Inc (TRNS)
According to the 24-hour chart, there is a support level at 79.60, which, if violated, would cause prices to drop to 78.10. In the upper region, resistance lies at 82.27. The next price resistance is at 83.44. RSI (Relative Strength Index) is 49.29 on the 14-day chart, showing neutral technical sentiment.
Is Transcat Inc subject to short interest?
Stocks of Transcat Inc saw a sharp steep in short interest on 2025-05-30 dropping by 76602.0 shares to 0.48 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 0.56 million shares. A decline of -16.0% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 3.57 of the overall float, the days-to-cover ratio (short ratio) decline to 3.57.
Which companies own the most shares of Transcat Inc (TRNS)?
In terms of Transcat Inc share price expectations, FactSet research, analysts set an average price target of 113 in the next 12 months, up nearly 40.97% from the previous closing price of $80.16. Analysts anticipate Transcat Inc stock to reach 160 by 2025, with the lowest price target being 94. In spite of this, 3 analysts ranked Transcat Inc stock as Buy at the end of 2025. On May 19, 2021, Sidoti assigned a price target of “a Buy” to the stock and upgraded coverage with a $60.
