TRNS Transcat Inc

XNAS 104.08 Delayed
Find condors

Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

TRNS $104.08 —
Key stats
$104.08
52-Week Range
$50.23 – $112.44
YTD
+82.09%
IV Rank (30D)
24.98
Straddle Price
$9.95
P/C Vol Ratio
0.08
Market Cap
$1.0B
Open
$106.56
Day Range
$103.54 – $107.31
Volume
91,197
Prev Close
$106.33
Fair Value
MODEL: NEUTRAL

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)4.88%
Beta vs SPY0.96
Cost of Equity (CAPM)9.70% (VRP-adj)
WACC9.23%
Volatility Risk Premium-21.6pp (IV − HV30)
Effective Tax Rate32.1%
Rev. Growth (YoY, DCF input)+15.8%
DCF Horizon10 years explicit + fade
Forward Tilt (NTM/TTM)×1.10 (applied to P/E, EV/EBITDA, P/S)
Free Cash Flow (TTM)$0.0B
Return on Equity (TTM)1.5%
Book / Price30.5% — banking bias active (P/B is primary)
Gross Margin (TTM)32.8%
FCF Margin (TTM)6.3%
Debt / Equity0.38
Quality Score3/6 — normal (10y DCF)
Market-Implied Growth+22.8% (reverse-DCF on current price)
SMA 50$88.64 (Market Anchor value)
SMA 20 / Bollinger Mid$92.19
Bollinger Width / SMA2044.4% (drives anchor stability)
Net Debt$0.1B
Market Cap$1B
Peers used for multiples: BELFB, CECO, COHR, ENVA, ESI, LFUS, LYTS, MOD
60-Day Conviction
17%
20-Day Fair Value
≈ by Dec 14, 2026
$103.84
α -0.2% rank 16%
conviction
21%
40-Day Fair Value
≈ by Jan 12, 2027
$105.38
α +1.2% rank 16%
conviction
44%
60-Day Fair Value
≈ by Feb 10, 2027
$104.72
α +0.6% rank 22%
conviction
17%
MethodImplied PriceWeightDetail
DCF $67.62 27%
DDM (Gordon) n/a 0%
Peer P/E $23.08 6% median 43.7× · 7 peers
Peer EV/EBITDA $66.91 8% median 16.6× · 8 peers
Peer P/B $104.44 10% median 3.2× · 8 peers
Peer P/S $108.81 10% median 2.6× · 8 peers
Market Anchor (SMA50) $88.64 38% stability 70% (BB-width)
Options Expected (B-L 30d) $106.71 0% 6 strikes · skew +0.61
As of 2026-11-13 · updated
About
Industry (SIC)
INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS (3825) · industry map
Exchange
XNAS
Market Cap
$1.0B
Employees
1,413
List Date
1977-12-05
CIK
0000099302
Last Earnings
Nov 3 after close · +20.8% vs ±11.4% expected
Next Earnings
~Feb 2, 2027 (estimated)
Headquarters
Rochester, NY
Homepage
https://www.transcat.com

Transcat Inc is a provider of accredited calibration, reliability, maintenance optimization, quality and compliance, validation, Computerized Maintenance Management System (CMMS), and pipette services. The Company is focused on providing services and products to high regulated industries, particularly the life sciences industry, which includes pharmaceutical, biotechnology, medical devices, and other FDA-regulated businesses, as well as aerospace and defense, and energy and utilities. It conducts business through two operating segments: Services and Distribution.

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart

Markers: E earnings, with the move options implied and the move that happened (amber when the stock moved more than implied) · ▲ ▼ insider open-market buys and sales, sized by dollar value · S splits. Intraday times are New York time; shaded bars are pre-market and after-hours.

Seasonality
'21'22'23'24'25'26Avg
Jan7.02%4.39%14.41%2.14%-27.39%5.51%1.01%
Feb19.55%-17.41%5.62%-5.74%2.98%23.64%4.77%
Mar6.93%6.33%0.43%5.60%-1.12%-9.02%1.53%
Apr2.23%-12.51%-15.36%-2.91%6.97%2.13%-3.24%
May4.80%-14.02%8.50%18.51%9.70%16.56%7.34%
Jun2.80%-10.61%0.64%-4.78%0.61%5.31%-1.01%
Jul9.90%10.01%-1.83%-3.31%-12.22%-9.04%-1.08%
Aug3.81%15.60%16.53%11.18%12.61%-3.45%9.38%
Sep-5.30%3.27%-2.45%-1.62%-12.77%4.17%-2.45%
Oct14.57%5.53%-5.43%-19.19%1.16%-4.29%-1.28%
Nov17.28%10.95%9.92%9.94%-19.94%18.38%*7.75%
Dec4.93%-12.79%10.99%1.09%3.48%--1.54%
Total129.52%-17.34%44.41%5.80%-36.92%54.22%29.95%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $93.37
SMA 50: $89.01
SMA 200: $83.67
Current: $104.08
EMA 12: $100.39
EMA 26: $94.98
MACD: 5.4113 | Signal: 1.5045
BULLISH
ADX (14): 29.61
TREND
+DI: 38.17
−DI: 13.41

Momentum Oscillators

RSI (14): 61.35
NEUTRAL
Stoch %K: 75.66
Stoch %D: 79.53
Williams %R: -30.21

Volume & Volatility

BB Upper: $113.70
BB Lower: $73.05
NEUTRAL
OBV: 4,052,389
Vol SMA 20: 203,035
Vol ROC: -44.68%
ATR: $4.84
True Range: $3.77
HV 20: 86.7%
HV 30: 74.7%
HV 60: 58.6%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-11-15T00:00:00 – 2026-11-13T00:00:00
AI Analysis
Written before TRNS’s Nov 3 earnings report, so it doesn’t reflect the results.

LLM Stock Analysis Report: TRNS

Executive Summary

Overall Assessment: NEUTRAL with confidence level 6/10

Key Drivers:

  • Technical indicators suggest a neutral trend, with no clear uptrend or downtrend.
  • Recent news headlines are positive, but the options market is bearish.

Primary Risks:

  • The stock has low volatility, which may indicate a lack of momentum.
  • The options market pricing a move by expiration may be indicative of potential volatility ahead.

2-3 sentence investment thesis: TRNS appears to be stuck in a neutral range, with no clear catalysts driving the price. While recent news is positive, the options market suggests there may be some uncertainty ahead. Investors should carefully consider their risk tolerance and position sizing before entering a trade.

Recent News Sentiment Impact: The positive news headline from Geode Capital Management LLC has likely contributed to the current price action.

Technical Analysis

Trend Direction: Neutral (short-term), Neutral (medium-term), Bullish (long-term)

Support/Resistance Levels:

  • SMA 20: $56.48
  • SMA 50: $66.21
  • Upper Bollinger Band: $64.69

Momentum Signals:

  • RSI (14): 36.11 (neutral)
  • MACD: -3.71 / Signal: 0.62 / Histogram: -4.33 (bearish)
  • Stochastic %K: 55.80
  • Stochastic %D: 46.81
  • Williams %R: -56.96

Volume Analysis: Volume trends and institutional interest signals:

  • Volume SMA 20: 140765.50
  • On-Balance Volume (OBV): -1024598.00
  • Volume Rate of Change: 58.25%

News & Sentiment Analysis

Recent Headlines Summary: Positive news from Geode Capital Management LLC.

Sentiment Assessment: Positive sentiment, but options market is bearish.

Catalyst Identification: None immediately apparent.

Market Narrative: The recent positive news has likely contributed to the current price action, but the options market suggests there may be some uncertainty ahead.

Risk & Volatility Assessment

Beta Interpretation: Low volatility - stock moves less than market (beta: 0.57).

Volatility Regime: Current vs historical volatility levels:

  • Average True Range (ATR): $3.40
  • True Range: $3.08

Options Market Signals:

  • IV Rank: 98.2% (High)
  • Current IV: 104.9%
  • Expected Move: $4.15 (18 DTE), 7-DTE: $4.15
  • Volume Flow: 27 calls vs 48 puts
  • Open Interest: 180 calls vs 38 puts
  • Put/Call Volume Ratio: 1.78 (Bearish sentiment)
  • Put/Call OI Ratio: 0.21

Downside Protection: Support levels and risk management considerations:

  • SMA 20: $56.48
  • Lower Bollinger Band: $48.28

Market Context & Positioning

Sector Performance: Relative strength vs sector/market:

  • No clear sector or market dominance.

Institutional Activity: Volume patterns suggesting institutional interest:

  • On-Balance Volume (OBV): -1024598.00

Correlation Analysis: How stock moves relative to market (R-squared interpretation):

  • Correlation: 0.24
  • Stock volatility: 0.48

Relative Valuation: Position within trading range:

  • The stock appears to be stuck in a neutral range, with no clear catalysts driving the price.

Key Levels & Action Items

Critical Price Levels:

  • SMA 20: $56.48
  • Upper Bollinger Band: $64.69

Breakout/Breakdown Levels: Technical levels that could trigger significant moves:

  • Lower Bollinger Band: $48.28

Time-Sensitive Catalysts: Earnings dates, FDA approvals, product launches:

  • None immediately apparent.

Risk Management: Stop-loss levels and position sizing considerations:

  • Consider setting a stop-loss at the lower Bollinger Band ($48.28) to manage risk.
  • Position sizing should be based on individual risk tolerance and market conditions.

Please note that this analysis is based solely on the provided data and does not take into account any external factors or personal opinions.

Generated
News
All TRNS news →
Earnings History
5 of 10 under expected move
Avg Expected Move
11.56%
Avg Actual Move
11.51%
Each row pairs the pre-earnings straddle-implied expected move with the realized close-to-close move. Sorted oldest first.
Earnings Date Timing Expected Move Actual Move Ratio Outcome
2024-07-30 Pre-Market 9.47% 13.52% 1.43x Exceeded
2024-10-29 Pre-Market 9.66% 16.79% 1.74x Exceeded
2025-01-28 Pre-Market 10.29% 12.71% 1.24x Exceeded
2025-05-20 Pre-Market 13.12% 16.24% 1.24x Exceeded
2025-08-07 Pre-Market 9.82% 2.68% 0.27x Within
2025-11-03 After-Close 13.52% 11.71% 0.87x Within
2026-02-03 After-Close 12.79% 11.54% 0.90x Within
2026-05-26 After-Close 13.94% 7.14% 0.51x Within
2026-08-04 After-Close 11.54% 2.02% 0.18x Within
2026-11-03 After-Close 11.45% 20.79% 1.82x Exceeded

Earnings calendar: this week’s reports with expected vs actual moves →

TRNS Options Activity & IV Rank

TRNS IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 38.5%
7-DTE IV: 36.9%
Expected Move: $9.95
7-DTE Move: $4.28
Days to Exp: 35 (2026-12-18)

Options Flow · All expiries

Call Volume: 2,480
Put Volume: 204
P/C Volume: 0.082
BULLISH
Call OI: 3,125
Put OI: 223
P/C OI: 0.071
Total OI: 3,348

ATM Options Pricing

ATM Call: $4.75
ATM Put: $5.20
Call %: 4.6%
Put %: 5.0%

Chain Summary

Chain Volume: 2,684
Chain OI: 3,348
Last Updated: 11/13/2026
Spread Scanner
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Scanning bull put, bear call, iron condor and calendar spreads…

Dealer Positioning
TYPICAL γ

Estimated net dealer gamma is at the 54th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.

Gamma percentile
54%
vs own history
GEX tilt
+0.91
OI-weighted, today
Vanna tilt
+0.55
δ-sensitivity to IV
Charm tilt
-0.27
δ-decay vs time
Vanna tilt +0.55: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.

Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.

Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.

Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.

This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.

· 14 ATM contracts, 1k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Put vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Call vs ATM
IV(call wing) − IV(ATM), in vol points

The same measure on the upside: how the OTM call is priced against the at-the-money strike.

  • Negative (typical) — calls trade below ATM for most stocks and indices, so the sign alone says little.
  • Percentile vs own history: high = upside calls unusually rich for this name (squeezes, takeover talk, commodity supply scares); low = calls cheaper than usual.
Reading them together

Put or call vs ATM tells you how expensive that tail is. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d put —
— pts EXTREME
as of Nov 13 · No data
30 DTE / 10d put 17%
+5.3 pts EXTREME
as of Nov 13 · ATM 38.3% / Put 43.6%

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Loading the implied volatility surface…

Volatility Smile

Loading the implied volatility smile…

IV Rank (7 DTE)19.7LowNov 13
IV Rank (30 DTE)25.0LowNov 13

Embed TRNS IV rank

TRNS's 30-day IV rank (90 sessions) with its 52-week rank, at-the-money IV and a 90-session trend. Updates after each close. Paste the code into any web page or blog post. Email newsletters drop iframes, so link to the page there.

Theme
Preview
Straddle Price (30 DTE)$9.95Nov 13
Beta Analysis

Risk Metrics

Beta: 1.6509
Alpha: 57.82%
Correlation: 0.4453
R-Squared: 19.8%
Stock Volatility: 50.6%
Market Volatility: 13.6%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
Beta & Alpha Over Time
Notable investors who own TRNS
4 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Millennium Management Hedge fund
Izzy Englander
$12.1M
0.01%
#1455 of 3716+82.3%13F
Citadel Hedge fund
Ken Griffin
$2.0M
0.00%
#2910 of 6285-42.4%13F
Point72 Hedge fund
Steve Cohen
$976K
0.00%
#1491 of 1945new13F
Renaissance Technologies Hedge fund
Jim Simons
$678K
0.00%
#2488 of 3138-78.9%13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

TRNS Institutional Ownership (13F)

Filings for 2026-06-30 · 57 already for 2026-09-30
Diluted shares outstanding: 9,438,000 (as of 2026-09-26)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

173 filers9,363,135 shares$859.47M value99.21% of float
# Filer Shares Value % of Total % of Float Period
1 Neuberger Berman Group LLC 777,366 $72.12M 8.39% 8.24% 2026-06-30
2 BlackRock, Inc. Custodian 727,010 $67.44M 7.85% 7.70% 2026-06-30
3 Hood River Capital Management LLC 601,541 $55.80M 6.49% 6.37% 2026-06-30
4 Ophir Asset Management Pty Ltd 462,016 $42.86M 4.99% 4.90% 2026-06-30
5 ROYCE & ASSOCIATES LP 431,671 $40.05M 4.66% 4.57% 2026-06-30
6 Vanguard Capital Management LLC 414,057 $38.41M 4.47% 4.39% 2026-06-30
7 BARROW HANLEY MEWHINNEY & STRAUSS LLC 399,983 $37.11M 4.32% 4.24% 2026-06-30
8 Conestoga Capital Advisors, LLC 344,572 $30.47M 3.54% 3.65% 2026-09-30
9 Wellington Management Group LLP Custodian 317,015 $29.41M 3.42% 3.36% 2026-06-30
10 Dimensional Fund Advisors LP Custodian 297,241 $26.28M 3.06% 3.15% 2026-09-30
11 Geode Capital Management, LLC Custodian 247,637 $21.90M 2.55% 2.62% 2026-09-30
12 Paradice Investment Management LLC 245,979 $21.75M 2.53% 2.61% 2026-09-30
13 State Street Corp 227,595 $21.10M 2.45% 2.41% 2026-06-30
14 RIVERBRIDGE PARTNERS LLC 219,452 $19.40M 2.26% 2.33% 2026-09-30
15 Thrivent Financial for Lutherans 207,048 $18.31M 2.13% 2.19% 2026-09-30
16 BAMCO INC /NY/ 190,243 $17.65M 2.05% 2.02% 2026-06-30
17 First Eagle Investment Management, LLC 173,697 $16.11M 1.87% 1.84% 2026-06-30
18 Champlain Investment Partners, LLC 171,266 $15.89M 1.85% 1.81% 2026-06-30
19 Royal Bank of Canada Custodian 151,379 $14.04M 1.63% 1.60% 2026-06-30
20 ArrowMark Colorado Holdings LLC 149,523 $13.87M 1.61% 1.58% 2026-06-30
21 KING LUTHER CAPITAL MANAGEMENT CORP 143,750 $12.71M 1.48% 1.52% 2026-09-30
22 NEEDHAM INVESTMENT MANAGEMENT LLC 136,720 $12.68M 1.48% 1.45% 2026-06-30
23 OSTERWEIS CAPITAL MANAGEMENT INC 132,797 $12.32M 1.43% 1.41% 2026-06-30
24 Millennium Management LLC Custodian 130,212 $12.08M 1.41% 1.38% 2026-06-30
25 SILVERCREST ASSET MANAGEMENT GROUP LLC 104,629 $9.71M 1.13% 1.11% 2026-06-30
4 filers$15.79M notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $7.30M 46.24% 2026-06-30
2 Citadel Advisors LLC Custodian $5.20M 32.96% 2026-06-30
3 D. E. Shaw & Co., Inc. Custodian $3.25M 20.57% 2026-06-30
4 Simplex Trading, LLC Custodian $35.37K 0.22% 2026-09-30
1 filers$380.36K notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $380.36K 100.00% 2026-06-30

TRNS Insider Trading (Form 4)

Latest: 2026-11-09
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-11-09 Thomas L Barbato Sr. VP Finance & CFO Mixed
Tax −5,488 · Exer +6,000
 +512 $99.14 -$47.9K EDGAR
2026-11-09 Theresa A. Conroy Chief Human Resources Officer Mixed
Tax −1,550 · Exer +2,000
 +450 $82.80 -$41.3K EDGAR
2026-11-06 Jaime A Irick President and CEO Buy (P) +2,275 $101.26 $230.4K EDGAR
2026-09-10 Craig D. Cairns Director Exer (M) +1,587 — EDGAR
2026-09-10 Robert Mecca Director Exer (M) +1,587 — EDGAR
2026-09-10 Christopher P. Gillette Director Exer (M) +1,587 — EDGAR
2026-09-10 Cynthia Langston Director Exer (M) +1,587 — EDGAR
2026-09-10 Gary J. Haseley Director Exer (M) +1,587 — EDGAR
2026-09-10 Mbago M. Kaniki Director Exer (M) +1,587 — EDGAR
2026-09-10 Oksana S. Dominach Director Exer (M) +1,587 — EDGAR
2026-09-10 Dawn DePerrior Director Exer (M) +1,587 — EDGAR
2026-09-03 Oksana S. Dominach Director Sell (S) −7,312 $85.60 -$625.9K EDGAR
2026-08-17 Oksana S. Dominach Director Mixed
Exer +10,000 · Tax −2,688
 +7,312 $41.42 -$79 EDGAR
2026-08-12 Christopher P. Gillette Director Sell (S) −504 $94.23 -$47.5K EDGAR
2026-08-10 Craig D. Cairns Director Buy (P) +1,050 $93.97 $98.7K EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

TRNS Insider Holdings

15 insiders · @ $104.08
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 Lee D. Rudow President and CEO 101,868 $10.60M -$13.04M 47 2026-06-11
2 Gary J. Haseley Director 41,889 $4.36M $601.9K 24 2026-09-10
3 Michael W. West Chief Operating Officer 27,086 $2.82M -$1.63M 15 2026-05-28
4 Charles P Hadeed Director 22,480 $2.34M -$3.64M 53 2025-08-01
5 Thomas L Barbato Sr. VP Finance & CFO 10,656 $1.11M $0 9 2026-11-09
6 Craig D. Cairns Director 9,980 $1.04M $443.7K 13 2026-09-10
7 Oksana S. Dominach Director 5,933 $617.5K -$625.9K 11 2026-09-10
8 Theresa A. Conroy Chief Human Resources Officer 4,364 $454.2K $0 9 2026-11-09
9 Mbago M. Kaniki Director 4,180 $435.1K $0 8 2026-09-10
10 Cynthia Langston Director 3,424 $356.4K $0 6 2026-09-10
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.

TRNS Board & Officers

As of SEC filings through Nov 9, 2026

Directors 9

Officers 7

Changes in the last 10 years (35)
Jun 22, 2026Royal Thomas Simmons Jr. became Chief Strat. & CorpDev Officer
Jun 11, 2026Lee D. Rudow reported in an SEC filing no longer being a director
Jun 11, 2026Lee D. Rudow reported in an SEC filing no longer being President and CEO
May 28, 2026Theresa A. Conroy listed as Chief Human Resources Officer (previously Sr. VP, Human Resources) in SEC filings
Mar 29, 2026Jaime A Irick became a director
Mar 29, 2026Jaime A Irick became President and CEO
Sep 10, 2025Kristina L Johnston became Principal Accounting Officer
Aug 1, 2025Charles P Hadeed reported in an SEC filing no longer being a director
Sep 16, 2024Michael Jacques Haddad became Chief Information Officer
Jun 3, 2024James M. Jenkins reported in an SEC filing no longer being Chief Legal & Corp Dev Officer
May 22, 2024Michael W. West listed as Chief Operating Officer (previously VP Distribution & Marketing) in SEC filings
Apr 8, 2024The company announced the departure of Mark A. Doheny as Chief Operating Officer in an SEC filing
Jan 24, 2024The company announced the departure of Paul D Moore from the board in an SEC filing
Jan 24, 2024Robert Mecca became a director
Oct 26, 2023Dawn DePerrior became a director
Sep 6, 2023Christopher P. Gillette became a director
Jul 25, 2023Mark A. Doheny listed as Chief Operating Officer (previously VP Finance, CFO, and Treasurer) in SEC filings
May 26, 2023Theresa A. Conroy listed as Sr. VP, Human Resources (previously VP, Human Resources) in SEC filings
May 26, 2023James M. Jenkins listed as Chief Legal & Corp Dev Officer (previously Gen Counsel & VP of Corp Devt) in SEC filings
Apr 28, 2023Theresa A. Conroy became VP, Human Resources
Not reported recently (5)
  • Richard J Harrison · Last reported as a director in an SEC filing dated Jun 7, 2023
  • Angela J Panzarella · Last reported as a director in an SEC filing dated Sep 9, 2021
  • Michael Tschiderer · Last reported as VP of Finance and CFO in an SEC filing dated Jul 23, 2020
  • Alan H Resnick · Last reported as a director in an SEC filing dated Sep 13, 2019
  • Robert A. Flack · Last reported as VP of Service Sales in an SEC filing dated Jun 20, 2019
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.

TRNS Proposed Insider Sales (Form 144)

Latest: 2026-09-03
Last 30d: 0 filings  ·  Last 90d: 1 filing · $626K notice value · 1 unique filer

What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.

How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.

10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.

"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.

Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.

Top 90-day filers: Dominach Oksana S. (1, $626K)
Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2026-09-03 Dominach Oksana S. Director 7,312 $625.9K 2026-09-02 Computershare Trust Company, N.A… — EDGAR
2026-06-01 Rudow Lee D. Affiliate 74,715 $6.31M 2026-06-01 Charles Schwab Corp. — EDGAR
2025-08-26 Rudow Lee D. Officer, Director 10,000 $821.2K 2025-08-26 Charles Schwab Corp. — EDGAR
2025-05-27 Gillette Christopher P. Director 456 $54.7K 2024-10-08 Computershare Trust Company, N.A… — EDGAR
2024-06-13 HADEED CHARLES P Director 9,300 $1.20M 2024-06-12 Merrill Lynch — EDGAR
2024-05-28 Jenkins James M. Officer 5,514 $741.5K 2024-05-23 Leigh Baldwin & Co., LLC — EDGAR
2024-05-23 Rudow Lee D. affiliate 12,000 $1.63M 2024-05-23 Charles Schwab & Co., Inc. — EDGAR
2024-02-14 144/A HADEED CHARLES P Director 2,509 $283.5K 2024-02-12 Merrill Lynch — EDGAR
2024-02-01 Rudow Lee D. Officer 10,000 $1.11M 2024-02-01 Charles Schwab Corporation — EDGAR
2023-11-09 Rudow Lee D. Officer 12,000 $1.10M 2023-11-09 Charles Schwab Corporation — EDGAR
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-11-03
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
Filing Date Event Link
2026-11-03 Earnings results EDGAR
2026-09-10 Shareholder vote results EDGAR
2026-08-04 Earnings results EDGAR
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
Filing Date Accession Link
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
Filing Date Accession Link
2026-11-03 0001628280-26-069462 EDGAR
2026-08-04 0001628280-26-052738 EDGAR
ETF Holders
50 ETFs hold TRNS
25 shown · $124.49M total exposure · 0.02% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 IWM iShares Russell 2000 ETF iShares (BlackRock) 0.03% $25.9M $76.8B 2026-11-12
2 VTI Vanguard Morningstar Total Stock Market ETF Vanguard 0.00% $25.0M — 2026-09-30
3 TSME Thrivent Small-Mid Cap Equity ETF Nport 1.09% $11.4M — 2026-06-30
4 VXF Vanguard Extended Market ETF Vanguard 0.01% $9.3M — 2026-09-30
5 DFAT Dimensional US Targeted Value ETF Dimensional 0.03% $8.1M — 2026-11-12
6 DFAS Dimensional US Small Cap ETF Dimensional 0.02% $7.4M — 2026-11-12
7 IWO iShares Russell 2000 Growth ETF iShares (BlackRock) 0.04% $5.3M $13.9B 2026-11-12
8 VTWO Vanguard Russell 2000 ETF Vanguard 0.03% $4.8M — 2026-09-30
9 IWN iShares Russell 2000 Value ETF iShares (BlackRock) 0.03% $4.0M $13.9B 2026-11-12
10 DFAC Dimensional US Core Equity 2 ETF Dimensional 0.00% $3.9M — 2026-11-12
11 SCHA Schwab U.S. Small-Cap ETF Nport 0.02% $3.8M — 2026-08-31
12 DFMC Dimensional US Micro Cap ETF Dimensional 0.05% $3.6M — 2026-11-12
13 IWC iShares Micro-Cap ETF iShares (BlackRock) 0.25% $3.0M $1.2B 2026-11-12
14 DCOR Dimensional US Core Equity 1 ETF Dimensional 0.00% $1.5M — 2026-11-12
15 ITOT iShares Core S&P Total U.S. Stock Market ETF iShares (BlackRock) 0.00% $1.3M $95.8B 2026-11-12
16 FESM Fidelity Enhanced Small Cap Core ETF Fidelity 0.02% $1.0M $6.9B 2026-11-12
17 VIS Vanguard Industrials ETF Vanguard 0.01% $1.0M — 2026-09-30
18 PRFZ Invesco RAFI US 1500 Small-Mid ETF Nport 0.03% $826,979 — 2026-07-31
19 ETHO Amplify Etho Climate Leadership U.S. ETF Nport 0.36% $687,890 — 2026-06-30
20 VTWG Vanguard Russell 2000 Growth ETF Vanguard 0.03% $510,360 — 2026-09-30
21 SCHB Schwab U.S. Broad Market ETF Nport 0.00% $469,468 — 2026-08-31
22 RSSL Global X Russell 2000 ETF Global X 0.03% $461,907 — 2026-11-13
23 SMLV State Street® SPDR® US Small Cap Low Volatility Index ETF SPDR (State Street) 0.17% $438,513 $261.1M 2026-11-12
24 DFUS Dimensional US Equity Market ETF Dimensional 0.00% $357,375 $21.6B 2026-11-12
25 VTWV Vanguard Russell 2000 Value ETF Vanguard 0.02% $337,941 — 2026-09-30
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Trailing P/E
216.83
TTM Diluted EPS
$0.48
TTM Revenue
$363.22M
TTM Net Income
$4.59M
TTM Op. Cash Flow
$37.31M
Quarterly figures (12 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q2 '272026-09-26$97.09M$2.41M$0.25$10.15M
Q1 '272026-06-27$92.94M$1.33M$0.14$8.82M
Q4 '262026-03-28$89.33M$1.95M$0.21$6.20M
Q3 '262025-12-27$83.86M$-1.10M$-0.12$12.14M
Q2 '262025-09-27$82.27M$1.27M$0.14$12.88M
Q1 '262025-06-28$76.42M$3.26M$0.35$3.62M
Q4 '252025-03-29$77.13M$4.46M$0.48$10.63M
Q3 '252024-12-28$66.75M$2.36M$0.25$12.60M
Q2 '252024-09-28$67.83M$3.29M$0.35$6.83M
Q1 '252024-06-29$66.71M$4.41M$0.48$8.92M
Q4 '242024-03-30$70.91M$6.89M$0.80$5.73M
Q3 '242023-12-23$65.17M$3.35M$0.38$10.92M
Q2 2027 • period ending 2026-09-26 • filed 2026-11-03
Valuation

Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.

Price Multiples
  • P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
  • P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
  • P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
  • EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
  • EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
  • ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
  • ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
  • Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
  • FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
  • Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
  • Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
  • Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
  • Multiples expanding while earnings are flat = sentiment-driven rally.
  • Multiples compressing while earnings grow = value coming from fundamentals.
P/E
216.83
P/B
3.18
P/S
2.70
EV/EBITDA
26.63
EV/Sales
3.01
ROE
1.5%
ROA
0.9%
Div Yield
0.00%
FCF Yield
3.80%
Debt/Equity
0.38
Current Ratio
—
Market Cap
$982.31M
as of 2026-11-13

TRNS vs Peers

Related companies, largest first
Company Market cap P/E Revenue growth YTD IV rank
COHR Coherent Corp. $45.7B 45.3 +30.8% +12.3% 37
LFUS Littelfuse Inc $10.1B 399.6 +18.7% +47.6% 26
ESI Element Solutions Inc. $8.1B 38.9 +39.6% +27.5% 14
MOD Modine Manufacturing Co $5.6B 57.2 +35.1% −3.7% 78
ENVA Enova International, Inc. $4.1B 11.7 +23.2% +4.9% 22
BELFB Bel Fuse Inc $3.4B 63.0 +21.0% +30.5% 5
TRNS Transcat Inc $1.0B 216.8 +20.0% +82.1% 25
LYTS LSI Industries Inc $568M 24.5 +27.9% −16.3% 74
CECO CECO ENVIRONMENTAL CORP — — +54.5% −9.3% 36
Peer median $5.6B 45.3 +29.4% +8.6% 31

P/E uses the latest reported trailing-12-month diluted EPS; "—" means no positive earnings or no data.

Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
378.79K
SI % of Float
4.19%
Days to Cover
2.43
Short Vol Ratio
57.2%
Free Float
9.05M
Float %
96.7%
Short interest 2026-10-30 • Short volume 2026-11-13 • Float 2026-08-13