Transcat CEO Lee D. Rudow Acquires 2,000 Shares (TRNS)
Transcat (NASDAQ:TRNS) CEO Lee D. Rudow purchased 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 28th. The stock was purchased at an average price of $9.00 per share, for a total transaction of $18,000.00. Following the completion of the transaction, the chief executive officer now directly owns 34,212 shares in the company, valued at approximately $307,908. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Transcat (NASDAQ:TRNS) opened at 9.45 on Friday. Transcat has a 52-week low of $6.41 and a 52-week high of $10.00. The stock’s 50-day moving average is $9.30 and its 200-day moving average is $8.77. The company has a market cap of $63.5 million and a price-to-earnings ratio of 16.98.
Transcat (NASDAQ:TRNS) last released its earnings data on Tuesday, May 20th. The company reported $0.24 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.20 by $0.04. Analysts expect that Transcat will post $0.64 EPS for the current fiscal year.
Transcat, Inc (NASDAQ:TRNS), is a distributor of professional grade handheld test and measurement instruments and a provider of calibration, repair and other measurement services.