ReposiTrak (NYSE:TRAK) CEO Sells $27,425.00 in Stock

ReposiTrak Inc. (NYSE:TRAKGet Free Report) CEO Randall Fields sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $10.97, for a total value of $27,425.00. Following the transaction, the chief executive officer owned 142,500 shares in the company, valued at $1,563,225. This represents a 1.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

ReposiTrak Trading Down 2.2%

Shares of NYSE TRAK opened at $10.94 on Friday. The stock has a market cap of $200.09 million, a P/E ratio of 30.39 and a beta of 0.41. ReposiTrak Inc. has a twelve month low of $10.69 and a twelve month high of $23.72. The stock has a 50 day moving average of $12.66 and a two-hundred day moving average of $15.08.

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

Institutional Trading of ReposiTrak

Hedge funds and other institutional investors have recently made changes to their positions in the company. Ashford Capital Management Inc. raised its holdings in ReposiTrak by 93.7% during the second quarter. Ashford Capital Management Inc. now owns 792,154 shares of the company’s stock worth $15,566,000 after purchasing an additional 383,283 shares in the last quarter. Handelsbanken Fonder AB increased its position in ReposiTrak by 7.1% during the 2nd quarter. Handelsbanken Fonder AB now owns 1,654,348 shares of the company’s stock worth $32,508,000 after purchasing an additional 110,000 shares during the period. Squarepoint Ops LLC raised its stake in shares of ReposiTrak by 302.4% during the 3rd quarter. Squarepoint Ops LLC now owns 71,548 shares of the company’s stock worth $1,060,000 after buying an additional 53,766 shares in the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of ReposiTrak during the 2nd quarter worth approximately $818,000. Finally, Jane Street Group LLC acquired a new stake in shares of ReposiTrak in the 2nd quarter valued at approximately $802,000. Hedge funds and other institutional investors own 27.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Wall Street Zen downgraded shares of ReposiTrak from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ReposiTrak in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Read Our Latest Stock Analysis on TRAK

About ReposiTrak

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for ReposiTrak (NYSE:TRAK)

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