ReposiTrak (NYSE:TRAK) Director Sells $248,802.96 in Stock

ReposiTrak Inc. (NYSE:TRAK) Director Ronald Hodge sold 18,906 shares of the firm’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $13.16, for a total transaction of $248,802.96. Following the completion of the sale, the director directly owned 561,869 shares in the company, valued at $7,394,196.04. This represents a 3.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

ReposiTrak Stock Performance

ReposiTrak stock traded down $0.24 during trading on Monday, reaching $12.88. The company had a trading volume of 209,910 shares, compared to its average volume of 56,693. The firm has a market capitalization of $235.58 million, a price-to-earnings ratio of 35.78 and a beta of 0.39. ReposiTrak Inc. has a 12-month low of $12.16 and a 12-month high of $23.72. The stock’s 50 day moving average price is $14.11 and its two-hundred day moving average price is $16.23.

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

Institutional Investors Weigh In On ReposiTrak

Several large investors have recently added to or reduced their stakes in TRAK. Los Angeles Capital Management LLC bought a new position in shares of ReposiTrak during the 2nd quarter worth approximately $818,000. Ashford Capital Management Inc. lifted its position 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 valued at $15,566,000 after acquiring an additional 383,283 shares during the period. Handelsbanken Fonder AB boosted its stake in 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 acquiring an additional 110,000 shares in the last quarter. Coldstream Capital Management Inc. grew its holdings in ReposiTrak by 47,619.0% in the second quarter. Coldstream Capital Management Inc. now owns 20,042 shares of the company’s stock worth $394,000 after purchasing an additional 20,000 shares during the period. Finally, Ingalls & Snyder LLC increased its stake in ReposiTrak by 1.3% in the second quarter. Ingalls & Snyder LLC now owns 198,714 shares of the company’s stock valued at $3,905,000 after purchasing an additional 2,554 shares in the last quarter. Institutional investors and hedge funds own 27.35% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on TRAK shares. Weiss Ratings restated a “hold (c+)” rating on shares of ReposiTrak in a research note on Monday, December 22nd. Wall Street Zen cut ReposiTrak from a “buy” rating to a “hold” rating in a report on Sunday, December 21st. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock 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.