Repositrak, Inc. (NYSE:TRAK) CEO Randall K. Fields Sells 2,500 Shares

Repositrak, Inc. (NYSE:TRAK) CEO Randall K. Fields sold 2,500 shares of Repositrak stock in a transaction on Wednesday, June 11th. The stock was sold at an average price of $21.00, for a total value of $52,500.00. Following the sale, the chief executive officer now owns 177,000 shares of the company’s stock, valued at approximately $3,717,000. This trade represents a 1.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Repositrak Stock Performance

Shares of TRAK stock opened at $20.51 on Friday. The stock has a market capitalization of $374.84 million, a price-to-earnings ratio of 60.32 and a beta of 0.54. Repositrak, Inc. has a one year low of $14.23 and a one year high of $25.01.

Repositrak Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Tuesday, September 30th will be issued a $0.02 dividend. This is a positive change from Repositrak’s previous quarterly dividend of $0.02. The ex-dividend date is Tuesday, September 30th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.39%. Repositrak’s payout ratio is presently 23.53%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Repositrak stock. Ellsworth Advisors LLC raised its position in shares of Repositrak, Inc. (NYSE:TRAK) by 10.6% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,289 shares of the company’s stock after purchasing an additional 2,997 shares during the period. Ellsworth Advisors LLC owned about 0.17% of Repositrak worth $634,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 27.35% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Repositrak from a “hold” rating to a “buy” rating in a report on Thursday, May 22nd.

About Repositrak

Park City Group, Inc, a software-as-a-service provider, designs, develops, and markets proprietary software products in North America. The company offers ReposiTrak MarketPlace, a supplier discovery and B2B e-commerce solution; ReposiTrak Compliance and Food Safety solutions, which reduces potential regulatory and legal risk from their supply chain partners; and ReposiTrak Supply Chain solutions that enables customers to manage relationships with suppliers.