ReposiTrak (NYSE:TRAK) CEO Randall Fields Sells 6,072 Shares of Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 6,072 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $8.05, for a total transaction of $48,879.60. Following the transaction, the chief executive officer owned 78,928 shares in the company, valued at $635,370.40. The trade was a 7.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

ReposiTrak Price Performance

NYSE TRAK traded down $0.22 during trading hours on Thursday, hitting $7.83. 640 shares of the company’s stock traded hands, compared to its average volume of 114,558. The company has a market capitalization of $142.51 million, a PE ratio of 21.16 and a beta of 0.49. ReposiTrak Inc. has a 52-week low of $7.80 and a 52-week high of $23.72. The firm’s 50-day moving average is $9.82 and its 200-day moving average is $12.99.

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

Institutional Investors Weigh In On ReposiTrak

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Ashford Capital Management Inc. grew its holdings in shares of ReposiTrak by 93.7% during the 2nd 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 during the period. Bank of Montreal Can purchased a new stake in ReposiTrak in the 4th quarter valued at about $3,457,000. Handelsbanken Fonder AB lifted its position in ReposiTrak by 7.1% in the second quarter. Handelsbanken Fonder AB now owns 1,654,348 shares of the company’s stock valued at $32,508,000 after buying an additional 110,000 shares during the last quarter. Stifel Financial Corp lifted its position in ReposiTrak by 139.2% in the fourth quarter. Stifel Financial Corp now owns 129,275 shares of the company’s stock valued at $1,599,000 after buying an additional 75,225 shares during the last quarter. Finally, Marshall Wace LLP boosted its stake in ReposiTrak by 283.4% during the fourth quarter. Marshall Wace LLP now owns 77,617 shares of the company’s stock worth $960,000 after buying an additional 57,371 shares during the period. Hedge funds and other institutional investors own 27.35% of the company’s stock.

Wall Street Analysts Forecast Growth

TRAK has been the subject of a number of recent research reports. Wall Street Zen downgraded 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 research report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently 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.