ReposiTrak (NYSE:TRAK) CEO Sells $18,700.00 in Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 2,200 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $8.50, for a total transaction of $18,700.00. Following the completion of the transaction, the chief executive officer owned 105,300 shares in the company, valued at $895,050. This represents a 2.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

ReposiTrak Trading Down 1.5%

Shares of NYSE:TRAK opened at $8.74 on Friday. The firm has a 50 day simple moving average of $10.92 and a 200-day simple moving average of $13.72. ReposiTrak Inc. has a twelve month low of $8.11 and a twelve month high of $23.72. The company has a market capitalization of $159.07 million, a PE ratio of 23.62 and a beta of 0.45.

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

Institutional Investors Weigh In On ReposiTrak

Several hedge funds have recently made changes to their positions in TRAK. Los Angeles Capital Management LLC purchased a new position in shares of ReposiTrak during the second quarter worth about $818,000. Prescott Group Capital Management L.L.C. lifted its position in ReposiTrak by 47.2% during the 2nd quarter. Prescott Group Capital Management L.L.C. now owns 26,284 shares of the company’s stock worth $516,000 after acquiring an additional 8,428 shares during the period. Handelsbanken Fonder AB grew its stake in shares of ReposiTrak by 7.1% in the 2nd quarter. Handelsbanken Fonder AB now owns 1,654,348 shares of the company’s stock valued at $32,508,000 after purchasing an additional 110,000 shares during the last quarter. Rhumbline Advisers increased its holdings in shares of ReposiTrak by 69.1% in the second quarter. Rhumbline Advisers now owns 18,036 shares of the company’s stock valued at $354,000 after purchasing an additional 7,371 shares during the period. Finally, American Century Companies Inc. increased its holdings in shares of ReposiTrak by 17.4% in the second 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 period. Institutional investors and hedge funds own 27.35% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Wall Street Zen cut ReposiTrak from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Weiss Ratings reiterated a “hold (c+)” rating on shares of ReposiTrak in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, ReposiTrak 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.