Transcat, Inc. is a leading provider of accredited calibration, repair, inspection and laboratory instrument services. The Company is focused on providing best-in-class services and products to highly regulated industries, particularly the Life Science industry, which includes pharmaceutical, biotechnology, medical device and other FDA-regulated businesses; as well as aerospace and defense, and energy and utilities. Transcat provides periodic on-site services, mobile calibration services, pickup and delivery, in-house services at its 22 Calibration Service Centers strategically located across the United States, Puerto Rico and Canada, and services at 20 imbedded customer-site locations. The breadth and depth of measurementparameters addressed by Transcat'sISO/IEC 17025 scopes of accreditation are believed to be the best in the industry.
Transcat also operates as a leading value-added distributor that markets, sells and rents new and used national and proprietary brand instruments to customers primarily in North America. The Company believes its combined Service and Distribution segment offerings, experience, technical expertise and integrity create a unique and compelling value proposition for its customers.
Transcat's strategy is to leverage the complementary nature of its two operating segments, its comprehensive service capabilities, strong brand, enhanced e-commerce capabilities and leading distribution platform to drive organic sales growth. The Company will also look to expand its addressable calibration market through acquisitions and capability investments to further realize the inherent leverage of its business model.

Company profile
Ticker
TRNS
Exchange
Website
CEO
Lee Rudow
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Teradyne • Itron • Cohu • Frequency Electronics • Intest • Allied Motion • Data io • Aehr Test Systems • Giga Tronics • Reliability ...
Former names
TRANSMATION INC
SEC CIK
Corporate docs
Subsidiaries
Transcat Canada Inc. • WTT Real Estate Acquisition, LLC • Cal OpEx Limited • Cal OpEx Inc. • Tangent Labs, LLC ...
IRS number
160874418
TRNS stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Unregistered Sales of Equity Securities
28 Mar 23
10-Q
2023 Q3
Quarterly report
1 Feb 23
8-K
Transcat Reports Third Quarter EBITDA Increase of 20% on 19% Service Revenue Growth and Strong Gross Margin Expansion
31 Jan 23
8-K
Regulation FD Disclosure
16 Nov 22
10-Q
2023 Q2
Quarterly report
2 Nov 22
8-K
Transcat Reports Strong Second Quarter Results on 19% Service Revenue Growth
1 Nov 22
8-K
Submission of Matters to a Vote of Security Holders
8 Sep 22
10-Q
2023 Q1
Quarterly report
3 Aug 22
8-K
Transcat Reports Strong First Quarter Results on 23% Service Revenue Growth and Solid Gross Margin Expansion
2 Aug 22
8-K
Departure of Directors or Certain Officers
25 Jul 22
Transcripts
TRNS
Earnings call transcript
2023 Q3
31 Jan 23
TRNS
Earnings call transcript
2023 Q2
1 Nov 22
TRNS
Earnings call transcript
2023 Q1
3 Aug 22
TRNS
Earnings call transcript
2022 Q4
24 May 22
TRNS
Earnings call transcript
2022 Q3
2 Feb 22
TRNS
Earnings call transcript
2022 Q2
7 Nov 21
TRNS
Earnings call transcript
2022 Q1
31 Jul 21
TRNS
Earnings call transcript
2021 Q4
19 May 21
TRNS
Earnings call transcript
2021 Q3
3 Feb 21
TRNS
Earnings call transcript
2020 Q2
28 Oct 20
Latest ownership filings
4
SCOTT DEVERELL
21 Feb 23
SC 13G
ALGER ASSOCIATES INC
14 Feb 23
SC 13G
Champlain Investment Partners, LLC
13 Feb 23
SC 13G/A
WASATCH ADVISORS INC
10 Feb 23
SC 13G/A
Neuberger Berman Group LLC
10 Feb 23
4
CHARLES P HADEED
8 Feb 23
SC 13G
Broadcrest Asset Management, LLC
8 Feb 23
SC 13G/A
BlackRock Inc.
1 Feb 23
SC 13G/A
Conestoga Capital Advisors, LLC
19 Jan 23
4
RICHARD J HARRISON
4 Nov 22
Financial summary
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Institutional ownership, Q4 2022
6.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 98 |
Opened positions | 17 |
Closed positions | 15 |
Increased positions | 33 |
Reduced positions | 27 |
13F shares | Current |
---|---|
Total value | 390.97 bn |
Total shares | 7.03 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Neuberger Berman | 842.40 k | $59.70 bn |
Conestoga Capital Advisors | 726.83 k | $51.51 bn |
Fred Alger Management | 685.66 k | $48.59 bn |
Alger Associates | 685.66 k | $0.00 |
Broadcrest Asset Management | 490.00 k | $34.73 bn |
BLK Blackrock | 455.45 k | $32.28 bn |
Champlain Investment Partners | 382.12 k | $27.08 bn |
Royce & Associates | 376.82 k | $26.71 mm |
Vanguard | 358.36 k | $25.40 bn |
Wasatch Advisors | 246.96 k | $17.50 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Feb 23 | Deverell Scott | Common Stock, $.50 par value | Sell | Dispose S | No | No | 90.35 | 1,000 | 90.35 k | 1,844 |
8 Feb 23 | Hadeed Charles P | Common Stock, $.50 par value | Sell | Dispose S | No | No | 87.45 | 3,000 | 262.35 k | 28,514 |
7 Feb 23 | Hadeed Charles P | Common Stock, $.50 par value | Sell | Dispose S | No | No | 87.07 | 2,000 | 174.14 k | 31,514 |
3 Nov 22 | Harrison Richard J | Common Stock, $.50 par value | Sell | Dispose S | No | No | 71.97 | 2,509 | 180.57 k | 25,017 |
7 Sep 22 | Cynthia Langston | Stock Option Common Stock, $.50 par value | Grant | Acquire A | No | No | 73.8 | 10,000 | 738.00 k | 10,000 |
7 Sep 22 | Cynthia Langston | RSU Common Stock, $.50 par value | Grant | Acquire A | No | No | 0 | 677 | 0.00 | 677 |
News
Reported Late Monday March 27, Transcat Strengthens Midwest Presence With Acquisition Of St. Louis based TIC-MS, Inc. For The Purchase Price Of $9.7M Paid In Combination Of 70% Stock And 30% Cash
28 Mar 23
Analyst Ratings for Transcat
2 Feb 23
Roth Capital Maintains Buy on Transcat, Raises Price Target to $94
2 Feb 23
Northland Capital Markets Maintains Outperform on Transcat, Raises Price Target to $100
1 Feb 23
Craig-Hallum Maintains Buy on Transcat, Raises Price Target to $92
1 Feb 23
Press releases
Transcat Strengthens Midwest Presence with Acquisition of St. Louis based TIC-MS, Inc.
27 Mar 23
Transcat, Inc. to Participate in the 35th Annual Roth Conference in Dana Point, California
28 Feb 23
Transcat Reports Third Quarter EBITDA Increase of 20% on 19% Service Revenue Growth and Strong Gross Margin Expansion
30 Jan 23
Lakeland Industries Finalizes Previously Announced Board Transition
26 Jan 23
Transcat Announces Third Quarter Fiscal Year 2023 Conference Call and Webcast
18 Jan 23