ReposiTrak (NYSE:TRAK) CEO Randall Fields Sells 3,600 Shares

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 3,600 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $11.08, for a total value of $39,888.00. Following the completion of the transaction, the chief executive officer owned 147,900 shares of the company’s stock, valued at approximately $1,638,732. The trade was a 2.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

ReposiTrak Stock Down 1.9%

Shares of TRAK stock opened at $10.81 on Friday. The stock has a market cap of $197.71 million, a price-to-earnings ratio of 30.03 and a beta of 0.41. The business’s fifty day moving average is $13.07 and its 200 day moving average is $15.42. ReposiTrak Inc. has a twelve month low of $10.75 and a twelve month high of $23.72.

ReposiTrak (NYSE:TRAK) last announced its quarterly earnings data on Thursday, November 13th. The company reported $0.09 EPS for the quarter. ReposiTrak had a return on equity of 14.37% and a net margin of 30.52%.The business had revenue of $5.97 million during the quarter.

Analysts Set New Price Targets

TRAK has been the topic of a number of recent research reports. Weiss Ratings restated a “hold (c+)” rating on shares of ReposiTrak in a report on Monday, December 29th. Wall Street Zen cut ReposiTrak from a “buy” rating to a “hold” rating in a research report on Saturday. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

Institutional Trading of ReposiTrak

A number of institutional investors and hedge funds have recently bought and sold shares of the company. BNP Paribas Financial Markets lifted its stake in shares of ReposiTrak by 63.5% in the second quarter. BNP Paribas Financial Markets now owns 1,633 shares of the company’s stock worth $32,000 after buying an additional 634 shares in the last quarter. Ingalls & Snyder LLC raised its holdings in ReposiTrak by 1.3% in the 2nd quarter. Ingalls & Snyder LLC now owns 198,714 shares of the company’s stock worth $3,905,000 after acquiring an additional 2,554 shares during the last quarter. Tower Research Capital LLC TRC lifted its position in ReposiTrak by 397.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,620 shares of the company’s stock valued at $71,000 after acquiring an additional 2,892 shares in the last quarter. Raymond James Financial Inc. lifted its position in ReposiTrak by 22.5% in the 3rd quarter. Raymond James Financial Inc. now owns 17,359 shares of the company’s stock valued at $257,000 after acquiring an additional 3,185 shares in the last quarter. Finally, American Century Companies Inc. boosted its stake in ReposiTrak by 17.4% during the 2nd quarter. American Century Companies Inc. now owns 23,344 shares of the company’s stock valued at $459,000 after purchasing an additional 3,455 shares during the last quarter. 27.35% of the stock is currently owned by institutional investors.

ReposiTrak Company Profile

ReposiTrak, trading on the New York Stock Exchange under the symbol TRAK, is a provider of cloud-based supply chain compliance and transparency solutions. The company’s platform enables retailers, suppliers and manufacturers to manage, share and validate product data throughout the supply chain. Through its Software-as-a-Service (SaaS) offering, ReposiTrak helps organizations ensure adherence to regulatory requirements, industry standards and retailer-specific guidelines for food safety, sustainability, labeling and quality assurance.

At the core of ReposiTrak’s offerings is its DataHub, a centralized repository that captures critical information such as product specifications, certifications, catch-weight data, temperature logs and recall notifications.