Insider Selling: ReposiTrak (NYSE:TRAK) CEO Sells 5,300 Shares of Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 5,300 shares of the company’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $8.34, for a total transaction of $44,202.00. Following the sale, the chief executive officer directly owned 100,000 shares of the company’s stock, valued at approximately $834,000. This represents a 5.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

ReposiTrak Price Performance

NYSE:TRAK traded up $0.34 during midday trading on Thursday, reaching $8.86. The stock had a trading volume of 467,554 shares, compared to its average volume of 92,670. The stock has a market capitalization of $161.25 million, a P/E ratio of 23.03 and a beta of 0.45. ReposiTrak Inc. has a 1-year low of $8.11 and a 1-year high of $23.72. The firm’s fifty day simple moving average is $11.01 and its 200-day simple moving average is $13.80.

ReposiTrak (NYSE:TRAK) last released its quarterly earnings results on Tuesday, February 17th. The company reported $0.09 earnings per share (EPS) for the quarter. The company had revenue of $5.86 million during the quarter. ReposiTrak had a net margin of 30.62% and a return on equity of 14.52%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Handelsbanken Fonder AB increased its holdings in shares of ReposiTrak by 7.1% during the second quarter. Handelsbanken Fonder AB now owns 1,654,348 shares of the company’s stock worth $32,508,000 after buying an additional 110,000 shares in the last quarter. Ashford Capital Management Inc. increased its holdings in ReposiTrak by 2.9% during the 3rd quarter. Ashford Capital Management Inc. now owns 815,208 shares of the company’s stock valued at $12,081,000 after purchasing an additional 23,054 shares in the last quarter. Rice Hall James & Associates LLC boosted its stake in ReposiTrak by 6.4% in the fourth quarter. Rice Hall James & Associates LLC now owns 793,858 shares of the company’s stock worth $9,820,000 after purchasing an additional 47,914 shares in the last quarter. Bank of Montreal Can bought a new stake in shares of ReposiTrak during the fourth quarter worth $3,457,000. Finally, Ingalls & Snyder LLC grew its holdings in shares of ReposiTrak by 13.2% during the fourth quarter. Ingalls & Snyder LLC now owns 223,392 shares of the company’s stock worth $2,763,000 after purchasing an additional 26,106 shares during the last quarter. 27.35% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

TRAK has been the subject of a number of research analyst reports. Wall Street Zen lowered ReposiTrak from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ReposiTrak in a research report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, ReposiTrak presently has an average rating of “Hold”.

About ReposiTrak

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.