Randall Fields Sells 2,500 Shares of ReposiTrak (NYSE:TRAK) Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $8.75, for a total transaction of $21,875.00. Following the completion of the transaction, the chief executive officer owned 97,500 shares of the company’s stock, valued at $853,125. The trade was a 2.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

ReposiTrak Trading Up 2.2%

Shares of ReposiTrak stock opened at $8.91 on Friday. The company has a market cap of $162.16 million, a PE ratio of 24.08 and a beta of 0.49. The company has a 50 day moving average of $10.55 and a 200-day moving average of $13.52. ReposiTrak Inc. has a 1-year low of $8.11 and a 1-year high of $23.72.

ReposiTrak (NYSE:TRAK) last announced its quarterly earnings data 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 business had revenue of $5.86 million during the quarter.

Hedge Funds Weigh In On ReposiTrak

A number of institutional investors and hedge funds have recently bought and sold shares of TRAK. Handelsbanken Fonder AB boosted its stake 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 valued at $32,508,000 after purchasing an additional 110,000 shares in the last quarter. Ashford Capital Management Inc. increased its stake in shares of ReposiTrak by 2.9% in the third quarter. Ashford Capital Management Inc. now owns 815,208 shares of the company’s stock valued at $12,081,000 after buying an additional 23,054 shares during the period. Rice Hall James & Associates LLC raised its holdings in ReposiTrak by 6.4% in the 4th quarter. Rice Hall James & Associates LLC now owns 793,858 shares of the company’s stock valued at $9,820,000 after buying an additional 47,914 shares during the last quarter. Bank of Montreal Can acquired a new stake in ReposiTrak during the 4th quarter worth approximately $3,457,000. Finally, Ingalls & Snyder LLC boosted its position in ReposiTrak by 13.2% during the 4th quarter. Ingalls & Snyder LLC now owns 223,392 shares of the company’s stock worth $2,763,000 after buying an additional 26,106 shares during the period. Institutional investors and hedge funds own 27.35% of the company’s stock.

Analysts Set New Price Targets

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

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.