Walthausen & Company Raised Nevsun Resources Limited (NSU) Holding; Transact Tech (TACT) Shorts Increased By 42.17%

July 5, 2017 - By Marguerite Chambers

Walthausen & Company increased Nevsun Resources Limited (NSU) stake by 104.06% reported in 2016Q4 SEC filing. Walthausen & Company acquired 2.07M shares as Nevsun Resources Limited (NSU)’s stock declined 17.82%. The Walthausen & Company holds 4.06 million shares with $12.55 million value, up from 1.99M last quarter. Nevsun Resources Limited now has $749.26M valuation. The stock declined 1.21% or $0.03 reaching $2.44 on the news. About 400,146 shares traded. Nevsun Resources (USA) (NYSEMKT:NSU) has declined 26.11% since July 5, 2016 and is downtrending. It has underperformed by 42.81% the S&P500.

Transact Tech Incorporated (NASDAQ:TACT) had an increase of 42.17% in short interest. TACT’s SI was 11,800 shares in July as released by FINRA. Its up 42.17% from 8,300 shares previously. With 14,800 avg volume, 1 days are for Transact Tech Incorporated (NASDAQ:TACT)’s short sellers to cover TACT’s short positions. The SI to Transact Tech Incorporated’s float is 0.2%. It is 0.00% or $0 reaching $8.55 per share. It is down 13.92% since July 5, 2016 and is uptrending. It has underperformed by 2.78% the S&P500.

TransAct Technologies Incorporated designs, develops and sells market-specific solutions, including printers, terminals, software and other products for transaction and other industries. The company has market cap of $63.57 million. The Firm operates through the segment, which includes design, development, assembly and marketing of transaction printers and terminals, and providing printer and terminal related software, services, supplies and spare parts. It has a 16.35 P/E ratio. The Company’s thermal, inkjet and impact printers and terminals generate labels and transaction records, such as receipts, tickets, coupons, register journals and other documents, as well as printed logging, and plotting of oil field and well drilling data.

Investors sentiment increased to 1.67 in Q4 2016. Its up 0.58, from 1.09 in 2016Q3. It improved, as 1 investors sold TransAct Technologies Incorporated shares while 8 reduced holdings. 6 funds opened positions while 9 raised stakes. 2.68 million shares or 0.78% more from 2.65 million shares in 2016Q3 were reported. Northern Tru has 24,071 shares. Mufg Americas has invested 0% in TransAct Technologies Incorporated (NASDAQ:TACT). Blackrock Mgmt Ltd Limited Liability Company holds 1,154 shares. Blackrock Fund Advsr accumulated 24,177 shares. Walleye Trading Ltd Liability Company invested in 712 shares or 0% of the stock. Grt Cap Ptnrs Limited Liability Corp reported 0.05% in TransAct Technologies Incorporated (NASDAQ:TACT). Gabelli Funds Lc, New York-based fund reported 33,050 shares. Bridgeway Management holds 0.01% of its portfolio in TransAct Technologies Incorporated (NASDAQ:TACT) for 135,888 shares. Punch Associate Mngmt Inc, a Minnesota-based fund reported 291,000 shares. Teton Advsrs Incorporated invested 0.09% of its portfolio in TransAct Technologies Incorporated (NASDAQ:TACT). Dimensional Fund Limited Partnership owns 238,076 shares for 0% of their portfolio. Wells Fargo Mn reported 2,885 shares. Gamco Investors Et Al invested in 90,000 shares or 0% of the stock. Us-based Ancora Advisors Lc has invested 0.03% in TransAct Technologies Incorporated (NASDAQ:TACT). Renaissance Tech Ltd, New York-based fund reported 387,001 shares.

Walthausen & Company decreased Tutor Perini Corp (NYSE:TPC) stake by 182,800 shares to 406,510 valued at $11.38 million in 2016Q4. It also reduced First Financial Bancorp (NASDAQ:FFBC) stake by 98,170 shares and now owns 434,162 shares. Winnebago Industries Inc (NYSE:WGO) was reduced too.

Among 4 analysts covering Nevsun Resources (NYSEMKT:NSU), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Nevsun Resources had 7 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Raymond James given on Thursday, September 3. Raymond James downgraded Nevsun Resources (USA) (NYSEMKT:NSU) on Friday, December 4 to “Mkt Perform” rating.