ReposiTrak (NYSE:TRAK) Director Ronald Hodge Sells 1,641 Shares

ReposiTrak Inc. (NYSE:TRAK) Director Ronald Hodge sold 1,641 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $13.20, for a total transaction of $21,661.20. Following the sale, the director directly owned 580,775 shares of the company’s stock, valued at approximately $7,666,230. This trade represents a 0.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

ReposiTrak Price Performance

Shares of TRAK stock traded down $0.24 during trading hours on Monday, reaching $12.88. The company had a trading volume of 209,910 shares, compared to its average volume of 56,767. ReposiTrak Inc. has a 1-year low of $12.16 and a 1-year high of $23.72. The firm has a market cap of $235.58 million, a price-to-earnings ratio of 35.78 and a beta of 0.39. The company has a 50 day moving average of $14.11 and a 200 day moving average of $16.23.

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

Analyst Upgrades and Downgrades

TRAK has been the topic of a number of research reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ReposiTrak in a research note on Monday, December 22nd. Wall Street Zen lowered shares of ReposiTrak from a “buy” rating to a “hold” rating in a report on Sunday, December 21st. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Institutional Trading of ReposiTrak

A number of hedge funds and other institutional investors have recently modified their holdings of TRAK. Ashford Capital Management Inc. boosted its position in ReposiTrak by 93.7% during the second quarter. Ashford Capital Management Inc. now owns 792,154 shares of the company’s stock valued at $15,566,000 after purchasing an additional 383,283 shares during the last quarter. Handelsbanken Fonder AB raised its stake in shares of ReposiTrak by 7.1% during the 2nd quarter. Handelsbanken Fonder AB now owns 1,654,348 shares of the company’s stock worth $32,508,000 after purchasing an additional 110,000 shares in the last quarter. Squarepoint Ops LLC boosted its holdings in shares of ReposiTrak by 302.4% in the 3rd quarter. Squarepoint Ops LLC now owns 71,548 shares of the company’s stock valued at $1,060,000 after buying an additional 53,766 shares during the last quarter. Los Angeles Capital Management LLC bought a new position in shares of ReposiTrak in the second quarter valued at $818,000. Finally, Jane Street Group LLC bought a new position in shares of ReposiTrak in the second quarter valued at $802,000. Institutional investors and hedge funds own 27.35% of the company’s stock.

About ReposiTrak

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.