USA Technologies (USAT) : Centaur Capital Partners added new position in USA Technologies during the most recent quarter end. The investment management firm now holds 215,000 shares of USA Technologies which is valued at $1,105,100 , the company said in a statement filed on Aug 15, 2016 with the SEC.USA Technologies makes up approximately 1.89% of Centaur Capital Partners’s portfolio.
Other Hedge Funds, Including , A.r.t. Advisors added USAT to its portfolio by purchasing 16,534 company shares during the most recent quarter which is valued at $84,985. Teachers Advisors Inc added USAT to its portfolio by purchasing 58,873 company shares during the most recent quarter which is valued at $302,607.Blackrock Advisors boosted its stake in USAT in the latest quarter, The investment management firm added 10,523 additional shares and now holds a total of 13,712 shares of USA Technologies which is valued at $70,480.Acrospire Investment Management reduced its stake in USAT by selling 10,944 shares or 44.21% in the most recent quarter. The Hedge Fund company now holds 13,810 shares of USAT which is valued at $66,840. USA Technologies makes up approx 0.05% of Acrospire Investment Management’s portfolio. Cribstone Capital Management added USAT to its portfolio by purchasing 4,250 company shares during the most recent quarter which is valued at $19,210. USA Technologies makes up approx 0.01% of Cribstone Capital Management’s portfolio.
USA Technologies opened for trading at $5.01 and hit $5.05 on the upside on Thursday, eventually ending the session at $5.02, with a gain of 0.80% or 0.04 points. The heightened volatility saw the trading volume jump to 2,44,677 shares. Company has a market cap of $184 M.
USA Technologies Inc. provides technology-enabled solutions and value-added services that facilitate electronic payment transactions within the unattended point of sale market. The Company is a provider in the small ticket beverage and food vending industry and is also engaged in offering solutions and services to other market segments such as amusement commercial laundry kiosk and others. It has designed and marketed systems and solutions that facilitate electronic payment options as well as telemetry and machine-to-machine services which include the ability to remotely monitor control and report on the results of distributed assets containing its electronic payment solutions. The Company derives its revenues from license and transaction fees resulting from connections to as well as services provided by its ePort Connect service. Its customers range from global food service organizations to small businesses that operate in the self-serve and small ticket retail markets.