Ashford Capital Management Inc. Boosts Position in ReposiTrak Inc. $TRAK

Ashford Capital Management Inc. raised its position in ReposiTrak Inc. (NYSE:TRAK) by 49.2% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 1,014,028 shares of the company’s stock after purchasing an additional 334,447 shares during the period. Ashford Capital Management Inc. owned about 0.06% of ReposiTrak worth $7,707,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. BNP Paribas Financial Markets raised its stake in shares of ReposiTrak by 63.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,633 shares of the company’s stock worth $32,000 after buying an additional 634 shares during the last quarter. State of Alaska Department of Revenue grew its stake in ReposiTrak by 152.6% in the 4th quarter. State of Alaska Department of Revenue now owns 2,127 shares of the company’s stock valued at $25,000 after acquiring an additional 1,285 shares during the last quarter. Barclays PLC grew its stake in ReposiTrak by 11.5% in the 4th quarter. Barclays PLC now owns 25,364 shares of the company’s stock valued at $314,000 after acquiring an additional 2,614 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in ReposiTrak by 397.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,620 shares of the company’s stock valued at $71,000 after acquiring an additional 2,892 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in ReposiTrak by 22.5% during the 3rd quarter. Raymond James Financial Inc. now owns 17,359 shares of the company’s stock valued at $257,000 after acquiring an additional 3,185 shares in the last quarter. Hedge funds and other institutional investors own 27.35% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of ReposiTrak from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 15th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, ReposiTrak has an average rating of “Hold”.

ReposiTrak Stock Performance

ReposiTrak stock opened at $8.57 on Tuesday. The stock has a fifty day moving average of $9.40 and a two-hundred day moving average of $9.25. The company has a market capitalization of $155.72 million, a price-to-earnings ratio of 23.16 and a beta of 0.82. ReposiTrak Inc. has a fifty-two week low of $6.94 and a fifty-two week high of $18.47.

ReposiTrak (NYSE:TRAK) last issued its quarterly earnings data on Thursday, May 14th. The company reported $0.10 earnings per share (EPS) for the quarter. The business had revenue of $5.88 million for the quarter. ReposiTrak had a return on equity of 14.44% and a net margin of 30.75%.

ReposiTrak Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Tuesday, June 30th will be issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Tuesday, June 30th. ReposiTrak’s dividend payout ratio is 21.62%.

ReposiTrak 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.